Hudson Transmission Partners to Auction 66 MW Of Transmission Capacity Between PJM And NYISO In Open Season
FAIRFIELD, Conn., Feb. 17, 2015 /PRNewswire/ — Hudson Transmission Partners, LLC will hold an open season to auction 66 MW of transmission capacity between the PJM and NYISO regional transmission organizations (RTOs).
Bidders will have the opportunity to purchase 66 MWs of transmission scheduling rights (TSRs), which can be used to schedule non-firm, physical energy flows from Public Service Electric and Gas Company’s (PSEG) Bergen substation in PJM to the Hudson pricing node in ConEd’s West 49th Street substation in NYISO for a term of three years. During the three year term of the contract, Hudson Transmission Partners may also gain approval to schedule non-firm energy flows from NYISO into PJM.
