On Aug. 10, PJM signed a memorandum of understanding with grid operators SPP and MISO, resolving several areas of prior disagreement involving the joint operating agreements and market-to-market processes.
“This is a good agreement for all three parties, as it resolves several issues that have been areas of disagreement among us for some time,” said Stu Bresler, senior vice president – Markets.
MISO has a coordination agreement with Minnkota, a coop system entirely within the MISO footprint. In addition, MISO performs some reliability services for Manitoba Hydro, which is a balancing authority in Canada. PJM and SPP were concerned about the methodology by which MISO was including the impacts of resources in Manitoba Hydro in MISO’s market flows and entitlement calculations.
Under the MOU, PJM and SPP agreed not to protest the Minnkota agreement at the Federal Energy Regulatory Commission and MISO agreed that not to include a non-market entity’s impacts in its calculations in the future without prior approval.
PJM, MISO AND SPP will likely file JOA changes with the FERC in due course as a result of the agreement.