The
PRLC is currently active in 2 northeastern ISOs, NYISO and PJM.
About PJM
PJM Interconnection
is a regional transmission organization (RTO) that coordinates the
movement of wholesale electricity in all or parts of Delaware, Maryland,
New Jersey, Ohio, Pennsylvania, Virginia, West Virginia and the
District of Columbia. Acting neutrally and independently, PJM operates
the world’s largest competitive wholesale electricity market
and ensures the reliability of the largest centrally dispatched
control area in North America. PJM’s members/customers include
power generators, transmission owners, electricity distributors,
power marketers and large consumers.
PJM manages a sophisticated regional planning process for generation
and transmission expansion to ensure the continued reliability of
the electric system. PJM serves more than 25 million people. The
company dispatches more than 76,000 megawatts of generation capacity
over more than 20,000 miles of transmission lines. PJM has 245 market
participants and has administered more than $17 billion in energy
and energy-service trades since the regional markets opened in 1997.
PJM is responsible for maintaining the integrity of the regional
power grid and for managing changes and additions to the grid to
accommodate new generating plants, substations and transmission
lines. PJM analyzes and forecasts the future electricity needs of
the region. The company ensures that growth occurs in an orderly,
planned fashion and that reliability is maintained. PJM develops
innovative programs, such as demand-side response initiatives, to
help supply energy and keep prices competitive. PJM began the transition
to an independent, neutral organization in 1993 when the PJM Interconnection
Association was formed to administer the power pool. In 1997, PJM
became a fully independent organization. Later that year the Federal
Energy Regulatory Commission (FERC) approved PJM as the nation’s
first fully functioning independent system operator (ISO). PJM became
the nation’s first fully functioning RTO in 2001.
About NYISO
The NYISO (New York's
Independent System Operator) is a not-for-profit organization
formed in 1998 as part of the restructuring of New York State's
electric power industry. Its mission is to ensure the reliable,
safe and efficient operation of the State's major transmission system
and to administer an open, competitive and nondiscriminatory wholesale
market for electricity in New York State. The NYISO facilitates
fair and open competition in the wholesale power market and creates
an electricity commodity market in which power is purchased and
sold on the basis of competitive bidding. It utilizes a bid process
for electricity and transmission usage, which enables the State's
utilities, and other market participants, to offer electricity at
competitive prices, rather than regulated rates.
The NYISO is an outgrowth of the New York Power Pool (NYPP). Following
the "Northeast Blackout of 1965", New York's eight largest
electric utilities joined to create the NYPP. In order to reduce
the probability of another major power interruption, the NYPP combined
the eight member's knowledge and technical resources in power generation
and transmission. For more than thirty years, the Power Pool coordinated
the statewide interconnected transmission system, designed and operated
a state-of-the-art control center and trained Pool and member system
personnel. An economic dispatch program, developed by the NYPP,
provided New York State electric customers with reliable power at
the lowest cost available.
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