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Master Contract Historical Conversion Conventions
Conversion Convention Provisions for Use with the EEI Master Contract

MISO Day 2 Conversion Convention

The MISO Day 2 Conversion Convention provides a template for converting Seller's Choice products in anticipation of implementation of MISO's Day 2 markets. The Convention includes:

  • Principle Considerations Related to a Conversion Convention for An "Into [Receiving Transmission Product]   Seller's Daily Choice" Product upon MISO operation of a Day 2 Energy Market
  • Elements of a Conversion Convention for an "Into [Receiving Transmission Provider] Seller's Daily Choice" Product upon MISO operation of a Day 2 Energy Market
  • Amendment Agreement Adopting the Conversion Convention for an Into ____ ("___") Product

Version 1.0 WordPDF

Version 1.1  WordPDF

(links to MISO documents have been updated)


The Conversion Convention for an Into Product

The below listed Companies have participated in technical consultations that have led to development of the following documents:

  • "Principle Considerations related to a Conversion Convention for an into Control Area Product"
  • "Elements of a Conversion Convention For An Into Control Area Product"
  • "Comparison of Former Into control area Product and PJM Transition Product" 

Word | PDF

These documents describe a Conversion Convention that may be used by market participants to implement Into "control area" Transactions using a proposed PJM Transition Product as of the date that the transfer of operational control of the control area to PJM. The technical consultations whose results are recorded in the foregoing documents were designed to elicit information from stakeholders affected by the contemplated expansion of the PJM system in connection with the formulation of the proposed convention.

By contacting Victoria Calderón at vcalderon@eei.org and authorizing said representative to include the Company's name in the below list, the below listed Companies confirm that the principles and concepts set forth herein offer a commercially reasonable approach to implementing the Into "control area" Product once operational control of the control area has transferred to PJM.

However, this confirmation in no way obligates any of the undersigned companies to use this convention in their individual negotiations and agreements with any counter-parties. Each company will continue to make its own independent decisions on the terms and conditions to be negotiated with any counter-party.

This convention will be posted for use only as a reference that market participants may consult as they undertake individual negotiations to reformulate their commercial relationships to reflect expansion of the PJM system. Nothing herein should be construed as any agreement or understanding by any of the undersigned to the contrary:

  1. American Electric Power Company, Inc.
  2. Dynegy Power Marketing, Inc.
  3. Edison Mission Marketing & Trade, Inc.
  4. Exelon Generation Company, LLC


"Into Cinergy" Conversion Convention

The listed Companies have read the "Conversion Convention For An Into Cinergy Product" and understand the "Guiding Principles" and "MISO-East Conversion Of Into Cinergy Product" along with the table setting forth the "Comparison of Former Into Cinergy Product and MISO Day One Into Cinergy Product." By contacting Victoria Calderón, Attorney, Edison Electric Institute at vcalderon@eei.org and authorizing a representative of Edison Electric Institute to include the Company's name in the list, these Companies agree with the principles and concepts set forth herein as a commercially reasonable approach to reflect the formation of MISO-East on the obligations, rights and transmission risk allocation of the existing Into Cinergy Product.

List of Companies:

Allegheny Energy Supply Company, LLC 

Ameren Energy 

American Electric Power Service Corporation, as agent for the Operating Companies of American Electric Power Company, Inc. consisting of Appalachian Power Company, Central Power & Light Company, Columbus Southern Power Company, Indiana Michigan Power Company, Kentucky Power Company, Ohio Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and West Texas Utilities Company. 

Aquila Merchant Services, Inc. 

Carolina Power & Light Company 

Cinergy Services, Inc. on behalf of the Cinergy Operating Companies 

Constellation Power Source, Inc. 

Coral Power, L.L.C. 

The Detroit Edison Company 

DTE Energy Trading 

Duke Energy Trading and Marketing, L.L.C. 

Dynegy Power Marketing, Inc. 

Edison Mission Marketing and Trading 

El Paso Merchant Energy, L.P. 

EnergyUSA-TPC Corp. 

Engage Energy America LLC 

Entergy-Koch Trading, LP 

Exelon Generation Company, LLC 

Florida Power Corporation 

H.Q. Energy Services (U.S.) Inc. 

MidAmerican Energy Company 

MIECO, Inc. 

Mirant Americas Energy Marketing, LP 

Morgan Stanley Capital Group Inc. 

Northern Indiana Public Service Company 

Progress Ventures, Inc. 

Reliant Energy Services, Inc. 

Sempra Energy Trading Corp. 

Tenaska Power Services Co. 

Tractebel Energy Marketing, Inc. 

TransAlta Energy Marketing U.S. Inc

 

Conversion Convention for an Into Cinergy Product Word | PDF

Amendment Agreement Adopting the Conversion Convention for an Into Cinergy Product Word | PDF

"Into Cinergy" under a MidWest RTO (MISO) OATT Collaborative Proposal PowerPoint 


"Into ComEd" Conversion Convention

The below listed Companies have participated in technical consultations that have led to development of the following documents:

Principle Considerations related to a Conversion Convention for an into ComEd Product Word | PDF  

“Elements of a Conversion Convention For An Into ComEd Product Word | PDF

These documents describe a Conversion Convention that may be used by market participants to implement Into ComEd Transactions using a proposed PJM Transition Product as of the date that ComEd transfers operational control of the ComEd control area to PJM. The technical consultations whose results are recorded in the foregoing documents were designed to elicit information from stakeholders affected by the contemplated expansion of the PJM system in connection with the formulation of the proposed convention.

By contacting Victoria Calderón, Attorney, Edison Electric Institute at vcalderon@eei.org and authorizing said representative to include the Company’s name in the below list, the below listed Companies confirm that the principles and concepts set forth herein offer a commercially reasonable approach to implementing the Into ComEd Product once Comwealth Edison has transferred operational control of the ComEd control area to PJM.

However, this confirmation in no way obligates any of the undersigned companies to use this convention in their individual negotiations and agreements with any counter-parties. Each company will continue to make its own independent decisions on the terms and conditions to be negotiated with any counter-party.

This convention will be posted for use only as a reference that market participants may consult as they undertake individual negotiations to reformulate their commercial relationships to reflect expansion of the PJM system. Nothing herein should be construed as any agreement or understanding by any of the undersigned to the contrary:

"Into ComEd" Conversion Convention Companies

  • American Electric Power Company, Inc.
  • Exelon Generation Company, LLC

Disclaimer:

The documents and descriptions on this page are provided for informational purposes only and do not constitute legal advice. Consult with legal counsel before using the information and documents provided on this page.