United States: Midwest ISO and PJM Execute and File Joint Operating Agreement with the FERC
Signaling a significant step forward in coordination between neighboring regions, the Midwest ISO (Carmel, Indiana) and PJM Interconnection (Valley Forge, Pennsylvania) executed and filed a Joint Operating Agreement (JOA) with the Federal Energy Regulatory Commission (FERC).
The JOA will provide the Midwest ISO and PJM detailed information about each other's operations, giving each organization a broader perspective than each has today. The agreement also establishes a number of procedures designed to strengthen reliability. Finalizing the JOA was put on hold during an internal assessment period after the August 14 power outage. The organizations used the time to analyze reliability plans and current operational procedures and to develop new coordination requirements.
Through this agreement, the Midwest ISO and PJM will create seamless operations to serve wholesale electricity customers in 22 states, the District of Columbia and parts of Canada. The agreement is expected to improve coordination of interregional congestion management, operational data exchange, real-time communications, emergency protocols, system planning and market monitoring.
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