Energy Imbalance Market year 1 enhancements phase 2 (completed)

Outcome: System changes implemented on Oct 01, 2016 (1) addressed differences between EIM transfer limits and the scheduling limit; (2) provide dynamic competitive assessment for market power mitigation of EIM transfer limits; (3) limit EIM transfers into an EIM Entity Balancing Authority Area and subject them to the market power mitigation process; and (4) establish the standard base schedule treatment for e-Tags. — Implemented: Oct 01, 2016; FERC approval: Sep 15, 2016; Tariff amendment filing: Apr 28, 2016 (ER16-1518); Board of Governors approval: Nov 4, 2015

The second phase of the Energy Imbalance Market (EIM) enhancements initiative will address the potential of an EIM-wide transmission rate, flow entitlements for base and day-ahead schedules, the treatment of transfer limit congestion, market power mitigation of transfer limits, and bidding rules on external interties. The initiative also includes items that were discovered during EIM implementation.