November 23, 2024
PJM Seeks OK to Suspend Day-Ahead Market After Internet Outage
PJM will seek stakeholder approval this month for contingency plans to respond to an Internet outage that forces the RTO to suspend the day-ahead market.

PJM will seek stakeholder approval this month for contingency plans to respond to an Internet outage that forces the RTO to suspend the day-ahead market.

PJM has no procedures for dealing with an Internet outage that could prevent the RTO from receiving participant data needed to solve the day-ahead market. Under the proposed tariff changes outlined to the Markets and Reliability Committee Thursday, all mar­ket set­tle­ments would be done in real time.

The pro­ce­dure requires changes to sec­tions 1.10.8 and 1.10.9 of the Open Access Trans­mis­sion Tar­iff, includ­ing clar­i­fi­ca­tion that the rebid period will be from 4 p.m. to 6 p.m. but may be revised by PJM if the clear­ing of the day-ahead energy mar­ket is sig­nif­i­cantly delayed.

The MRC will vote on the changes June 27.  (See “PJM Work­ing on Con­tin­gency Plan for Loss of Inter­net.”)

PJM Markets and Reliability Committee (MRC)PJM Other Committees & Taskforces

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