in News Departments > New & Noteworthy
print the content item

The boards of both PJM Interconnection and the New York Independent System Operator (NYISO) have agreed to a long-term strategy to optimize the flow of electricity across their common border and reduce threats to reliability.

Elements of the strategy include coordinating planning processes to facilitate efficient transmission investments; deploying smart grid technologies that maintain system balance through the use of robust data, communications and automated systems; and  developing a shared understanding of regional gas delivery constraints for power generation.

The agreement on a long-term strategy is an outgrowth of extensive cooperation between the two organizations to improve management of transmission congestion across both markets. PJM and NYISO have been working to reach agreement on flow calculations, modeling approaches and procedures intended to reduce seams congestion. The new market-to-market software and processes will be operational January 2013.

"The significance of this agreement is that our organizations, which are structured differently, found common ground," says Howard Schneider, chairman of the PJM Board. "The market coordination steps we're taking will be the first of many cooperative steps intended to bolster the reliability and economic efficiency of both of our systems."

"Our organizations are focusing on reducing market inefficiencies along our borders, which will provide immense value to consumers," says Bob Hiney, chairman of the NYISO Board. "Implementing market solutions to optimize the use of existing resources before investing in new infrastructure is a significant value competitive markets provide."


Hybrid Energy Innovations 2015
Latest Top Stories

Demand Response And Renewables Help SDG&E Tackle Record-Breaking Heat Wave

San Diego Gas & Electric (SDG&E) recorded peak demand records last week and relied heavily on energy conservation, as well as imported wind and solar power, to keep the lights on.


Report: Utility-Scale Renewables Keep Getting Cheaper

A new study suggests the levelized costs of energy of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.


The Smart Utility's Guide To Choosing A Smart Meter

Electricity providers across North America are taking on grid modernization. This article outlines the myriad factors a utility should consider in order to select the best-possible smart meter.

S&C Electric_id176
Hybrid Energy Innovations 2015
edf_id180
Future Energy_id187