PJM Interconnection, L.L.C. 2750 Monroe Boulevard Audubon, PA 19403 Jacqulynn B. Hugee Associate General Counsel 610.666.8208 Telephone | 610.666.8211 Fax October 30, 2015 Honorable Kimberly D. Bose, Secretary Federal Energy Regulatory Commission 888 First Street, N.E. Washington, D.C. 20426-0001 Re: Common Performance Metrics, Docket No. AD14-15-000 ISO/RTO Joint Common Performance Metrics Report Dear Secretary Bose: The six Independent System Operators (“ISOs”) and Regional Transmission Operators (“RTOs”) regulated by the Federal Energy Regulatory Commission1 (“Commission”) are pleased to submit their joint 2015 ISO/RTO Metrics Report. This 384-page report reflects the content outlined in the August 26, 2014 Common Metrics Commission Staff Report,2 as applicable and as information is available for each entity for the five year period from 2010 to 2014. The ISOs/RTOs have combined their data and narratives into one report, instead of six separate documents, for the convenience of the readers. This combined report is organized as follows: Executive Summary ISO/RTO Geography and Operations Statistics Performance Metrics and Other Information 1 The California Independent System Operator Corporation (“California ISO”), ISO New England, Inc. (“ISO-NE”), Midcontinent Independent System Operator, Inc. (“MISO”), New York Independent System Operator (“NYISO”), PJM Interconnection, L.L.C. (“PJM”), and Southwest Power Pool, Inc. (“SPP”) have each contributed to this report. 2 Common Metrics Commission Staff Report, Docket No. AD14-15-000 (Aug. 26, 2014). Honorable Kimberly D. Bose, Secretary Common Performance Metrics, Docket No. AD14-15 October 30, 2015 Page 2 o Descriptions – common definitions of metrics and other information included in each ISO’s/RTO’s section o California ISO o ISO New England o MISO o New York ISO o PJM Interconnection o Southwest Power Pool Also included for each ISO/RTO is a spreadsheet incorporating the numeric values corresponding to that ISO/RTO’s charts and tables containing metrics in the 2015 ISO/RTO Metrics Report, as required.3 Accordingly, the following documents are enclosed with this transmittal letter: 1. 2015 ISO/RTO Metrics Report; 2. CAISO 2010-2014 Metrics Data; 3. ISO-NE 2010-2014 Metrics Data; 4. MISO 2010-2014 Metrics Data; 5. NYISO 2010-2014 Metrics Data; 6. PJM 2010-2014 Metrics Data; and 7. SPP 2010-2014 Metrics Data. 3 Common Performance Metrics, Request for Information on Common Performance Metrics for RTOs and ISOs and Utilities Outside RTO and ISO Regions, Docket No. AD14-15-000, at n 3 (Aug. 17, 2015). Honorable Kimberly D. Bose, Secretary Common Performance Metrics, Docket No. AD14-15 October 30, 2015 Page 3 Any questions concerning this report should be addressed to the undersigned. Respectfully submitted, /s/ Suzanne Daugherty /s/ Jacqulynn B. Hugee Suzanne Daugherty Jacqulynn B. Hugee Senior Vice President, Chief Financial Associate General Counsel Officer & Treasurer PJM Interconnection, L.L.C. PJM Interconnection, L.L.C. 2750 Monroe Blvd. 2750 Monroe Blvd. Audubon, Pennsylvania 19403 Audubon, Pennsylvania 19403 (610) 666-8208 (610) 666-4770 [email protected] [email protected] 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM 2015 ISO/RTO Metrics Report The California Independent System Operator Corporation (CAISO), ISO New England, Inc. (ISO-NE), Midcontinent Independent System Operator, Inc. (MISO), New York Independent System Operator (NYISO), PJM Interconnection, L.L.C. (PJM), and Southwest Power Pool, Inc. (SPP) assisted in the preparation of this report. 2015 ISO/RTO Metrics Report 1 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Table of Contents Executive Summary 9 ISO/RTO Geography and Operations Statistics 11 Performance Metrics and Other Information Section 1 – Descriptions ISO/RTO Bulk Power System Reliability Dispatch Operations 12 Load Forecast Accuracy 13 Wind Forecasting Accuracy 14 Unscheduled Flows 14 Transmission Outage Coordination 15 Transmission Planning 15 Generation Interconnection 16 Interconnection / Transmission Service Requests 17 Special Protection Schemes 18 ISO/RTO Coordinated Wholesale Power Markets Market Competitiveness 19 Market Pricing 21 Unconstrained Energy Portion of System Marginal Cost 22 Energy Market Convergence 22 Congestion Management 22 Resources 23 Fuel Diversity 23 Renewable Resources 23 ISO/RTO Organizational Effectiveness ISO/RTO Administrative Costs 25 Customer Satisfaction 25 Billing Controls 26 2015 ISO/RTO Metrics Report 2 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Section 2 – California ISO Performance Metrics 27 A. California ISO Bulk Power System Reliability Dispatch Operations 34 Load Forecast Accuracy 36 Wind Forecasting Accuracy 38 Unscheduled Flows 39 Transmission Outage Coordination 41 Transmission Planning 44 Generation Interconnection 45 Interconnection / Transmission Service Requests 50 Special Protection Schemes 53 B. California ISO Coordinated Wholesale Power Markets Market Competitiveness 54 Market Pricing 58 Unconstrained Energy Portion of System Marginal Cost 60 Energy Market Convergence 61 Congestion Management 63 Generator Availability 64 Fuel Diversity 65 Renewable Resources 67 C. California ISO Organizational Effectiveness ISO/RTO Administrative Costs 70 Customer Satisfaction 72 Billing Controls 72 D. California ISO Specific Initiatives 73 2015 ISO/RTO Metrics Report 3 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Section 3 – ISO New England (ISO-NE) 75 A. ISO New England Bulk Power System Reliability Dispatch Operations 78 Load Forecast Accuracy 80 Wind Forecasting Accuracy 83 Unscheduled Flows 85 Transmission Outage Coordination 86 Transmission Planning 89 Generation Interconnection 93 Interconnection / Transmission Service Requests 103 Special Protection Schemes 108 B. ISO New England Coordinated Wholesale Power Markets Market Competitiveness 112 Market Pricing 118 System Marginal Cost 123 Energy Market Convergence 124 Congestion Management 126 Resources 128 Fuel Diversity 133 Renewable Resources 135 C. ISO New England Organizational Effectiveness ISO/RTO Administrative Costs 143 Customer Satisfaction 145 Billing Controls 148 D. ISO New England Specific Initiatives 149 2015 ISO/RTO Metrics Report 4 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Section 4 – MISO 155 A. MISO Bulk Power System Reliability Dispatch Operations 159 Load Forecast Accuracy 161 Wind Forecasting Accuracy 163 Unscheduled Flows 164 Transmission Outage Coordination 167 Transmission Planning 170 Generation Interconnection 174 Interconnection / Transmission Service Requests 180 Special Protection Schemes 183 B. MISO Coordinated Wholesale Power Markets Market Competitiveness 186 Market Pricing 190 Unconstrained Energy Portion of System Marginal Cost 194 Energy Market Convergence 195 Congestion Management 196 Resources 198 Fuel Diversity 203 Renewable Resources 204 C. MISO Organizational Effectiveness ISO/RTO Administrative Costs 206 Customer Satisfaction 208 Billing Controls 209 D. MISO Specific Initiatives 210 2015 ISO/RTO Metrics Report 5 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Section 5 – New York ISO (NYISO) 212 A. NYISO Bulk Power System Reliability Dispatch Operations 215 Load Forecast Accuracy 217 Wind Forecasting Accuracy 220 Unscheduled Flows 221 Transmission Outage Coordination 223 Transmission Planning 226 Generation Interconnection 228 Interconnection / Transmission Service Requests 236 Special Protection Schemes 241 B. NYISO Coordinated Wholesale Power Markets Market Competitiveness 245 Market Pricing 249 Unconstrained Energy Portion of System Marginal Cost 253 Energy Market Convergence 254 Congestion Management 255 Resources 257 Fuel Diversity 259 Renewable Resources 261 C. NYISO Organizational Effectiveness ISO/RTO Administrative Costs 265 Customer Satisfaction 268 Billing Controls 269 D. NYISO Specific Initiatives 272 2015 ISO/RTO Metrics Report 6 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Section 6 – PJM Interconnection (PJM) 278 A. PJM Bulk Power System Reliability Dispatch Operations 283 Load Forecast Accuracy 284 Wind Forecasting Accuracy 286 Unscheduled Flows 287 Transmission Outage Coordination 289 Transmission Planning 291 Generation Interconnection 297 Interconnection / Transmission Service Requests 300 Special Protection Schemes 304 B. PJM Coordinated Wholesale Power Markets Market Competitiveness 307 Market Pricing 312 Unconstrained Energy Portion of System Marginal Cost 316 Energy Market Convergence 317 Congestion Management 320 Resources 322 Fuel Diversity 324 Renewable Resources 326 C. PJM Organizational Effectiveness ISO/RTO Administrative Costs 330 Customer Satisfaction 333 Billing Controls 334 D. PJM Specific Initiatives 335 2015 ISO/RTO Metrics Report 7 20151030-5211 FERC PDF (Unofficial) 10/30/2015 10:34:15 AM Section 7 – Southwest Power Pool (SPP) 340 A. SPP Bulk Power System Reliability Dispatch Operations 343 Load Forecast Accuracy 345 Wind Forecasting Accuracy 347 Unscheduled Flows 347 Transmission Outage Coordination 348 Transmission Planning 350 Generation Interconnection 355 Interconnection / Transmission Service Requests 357 Special Protection Schemes 359 B. SPP Coordinated Wholesale Power Markets Market Competitiveness 361 Market Pricing 365 Unconstrained Energy Portion of System Marginal Cost 368 Energy Market Convergence 369 Congestion Management 370 Resources 371 Fuel Diversity 372 Renewable Resources 374 C. SPP Organizational Effectiveness ISO/RTO Administrative Costs