New York ISO and ISO New England Streamline Energy Exchange Between Regions

The New York Independent System Operator (NYISO) and ISO New England implemented a new interregional market system that will streamline electric energy transactions and improve the flow of power between the two markets. Introduced on December 15, Coordinated Transaction Scheduling (CTS) makes more efficient use of the transmission lines by enabling market participants to access the lowest-cost source of power between the two regions.
Enhancements include increasing the frequency of scheduling energy transactions over the transmission network between regions, software changes so the two ISOs can better coordinate selection of the most economic transactions, and the elimination of several fees that impede efficient trade between New York and New England.