INITIATIVE:
Inter-SC trades in regional markets

Started: Aug 02, 2024

Leads
Milos Bosanac

Inter-SC trades are an optional settlement feature of ISO markets facilitating settlement between two scheduling coordinators to support streamlined bilateral financial arrangements between the parties. Inter-SC trades have no impact on market optimization, market schedules, or dispatch. Currently, inter-SC trades are supported only within the ISO balancing area and are not a feature of or available within WEIM or EDAM balancing authority areas. 

The initiative evaluates extension of the inter-SC trade functionality to WEIM and EDAM areas.

Status

Proposal Development Decision Implementation Completed/Closed
Sep 20, 2024 Draft tariff language posted
Sep 26, 2024 Presentation to ISO Board of Governors and WEM Governing Body
Dec 23, 2024 FERC approval (ER25-94)
Nov 05, 2024 Answer to comments (ER25-94)
Oct 15, 2024 Tariff amendment (ER25-94)
Sep 26, 2024 Joint Board of Governors and Governing Body approval
Deployed in Production Sep 10, 2026
Implementation milestones
Closed

Activities

Outcome Statement


Outcome Statement: The capability for Inter-SC trades in WEIM and EDAM balancing authority areas was deployed in September 2026 as part of the EDAM Enhancements 2026 project. The capability enables streamlined bilateral financial arrangements between two scheduling coordinators through ISO settlements. Inter-SC trades do not affect market optimization, market schedules, or dispatch.

Web meeting


Presentation - Inter-SC Trades in Regional Markets - Oct 10, 2024


Notice of Decisional Classification - Inter-SC Trades for Regional Markets - Sep 2024


Draft Tariff Language - Inter-SC Trades in Regional Markets - Sep 20, 2024

View comments

Web meeting


Draft Final Proposal - Inter-SC Trades in Regional Markets - Sep 05, 2024

Presentation - Inter-SC Trades in Regional Markets - Sep 11, 2024

View comments

Web meeting


Presentation - Inter-SC Trades in Regional Markets - Aug 20, 2024

View comments


Straw Proposal - Inter-SC Trades in Regional Markets - Aug 02, 2024