Intertie pricing and settlement

Through this initiative the ISO is seeking long-term solutions to address the real time imbalance energy offset and pricing inefficiencies between the hour-ahead schedule process and real-time market. These issues were identified during the Real-Time Imbalance Energy Offset initiative and Price Inconsistency Caused by Intertie Constraints initiative. The primary focus of this stakeholder process is to find solutions to intertie pricing and settlement that reduce the real-time imbalance energy offset. The secondary objective of this initiative is to potentially provide a mechanism that allows convergence bidding at the interties.