NYISO, PJM Joint Operating Agreement approved
The Joint Operating Agreement (JOA) was executed by both parties in May 2007.
The JOA follows a number of earlier joint operating agreements that PJM has entered with other RTOs. The agreement was developed to improve reliability of the respective transmission systems. The agreement references and confirms a number of earlier PJM/NYISO agreements, procedures, and protocols which remain in effect.
The JOA includes obligations of the parties concerning maintaining interconnected operations, providing emergency assistance, exchanging information, coordinating scheduled outages and transmission planning studies, and coordinating voltage control and reactive power.
The JOA also formalizes the process of electronic checkout of schedules, the exchange of interchange schedules to facilitate Available Transmission Capacity (ATC) calculations, and the standards for interchange revenue metering.
With FERC's approval, the JOA was made effective on its signing date in May 2007. The Coordination Committee will establish a schedule for implementing the features of the agreement.
Related News
BC Hydro Rates to Rise by 3.75% Over Two Years
VANCOUVER - British Columbia's electricity rates will experience a 3.75% increase over the next two years, as confirmed by the provincial government on March 17, 2025. The announcement was made by Minister of Energy and Climate Solutions, Adrian Dix, who emphasized the decision's necessity for maintaining BC Hydro’s infrastructure while balancing affordability for residents.
For most households, the increase will amount to an additional $3.75 per month, based on an average BC Hydro bill of $100. While this may seem modest, the increase reflects a broader strategy to stabilize the utility's rates amidst economic challenges and ensure long-term energy security…
