WMPA (Wholesale Market Participation Agreement) is a contract between a power generation facility, typically a small or independent producer, and a regional transmission organization (RTO) or independent system operator (ISO). The agreement outlines the terms and conditions under which the generation facility can participate in the wholesale electricity market, including the sale of electricity and ancillary services.
The WMPA ensures that the generation facility complies with market rules and regulations, and it facilitates the integration of the facility’s power into the regional grid. This type of agreement is crucial for enabling smaller producers to contribute to the broader electricity market and ensuring grid reliability and efficiency.
FERC Approved PJM’s Queue Reform Proposal. These reforms are intended to address the significant backlog of generation projects with queue positions awaiting ISAs or WMPAs. With this approval, PJM will process New Service Requests under a “first-ready, first-served” approach going forward rather than its current “first-come, first-served” approach.
ESAI Power LLC
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ESAI Power is a market research and consulting firm that delivers focused analysis of the wholesale power markets in the Northeast region of the US: PJM, NYISO, and ISO-NE. Since 2001, ESAI has been providing market-focused research product content and custom consulting services for Northeast power market participants including investors (banks, private equity, & hedge funds) & developers, generation owners & operators, utilities & retail electricity suppliers, regulators & RTOs, traders, and end-users & buyers.