FERC Approves PJM Day-Ahead Changes

On November 19, the Federal Energy Regulatory Commission approved PJM’s proposed revisions to the Tariff and Operating Agreement to adjust the schedule for the gas-electric Day-Ahead Energy Market.

The commission also accepted PJM’s proposed effective date of March 31, 2016. FERC-NOPR-Gas-Electric-Timing-Graphic_proposed-structure

PJM filed tariff changes with the FERC in July to address the FERC requirement regarding the timing of PJM’s day-ahead electric market.

The tariff changes better align the gas and electric industries. The timing of PJM’s day-ahead market adjusts so results are posted in advance of the revised Timely Nomination deadline for interstate pipelines.