FERC last week approved PJM’s proposal to move the deadline for submitting day-ahead offers to 10:30 a.m. ET from noon.
PJM made the change to comply with the commission’s Order 809, which moved the timely nomination cycle deadline for gas to 2 p.m. ET from 12:30 p.m. The order, issued in April, also added a third intraday nomination cycle. (See FERC Approves Final Rule on Gas-Electric Coordination.)
The commission required RTOs to revise their day-ahead market schedules in coordination with the new pipeline schedules or show why changes were unnecessary.
The commission approved PJM’s schedule change effective March 31 (ER15-2260 and EL14-24).
FERC also accepted compliance filings by NYISO (EL14-26) and ISO-NE (EL14-23), saying they had justified retaining their existing schedules, with day-ahead deadlines of 5 a.m. and 10 a.m., respectively.
–William Opalka