Wheeling Power within PJM

What are the steps involved with wheeling power from one location/counterparty/source to another location/ctpy/sink within PJM? For this example, let's assume it's all DA settle, either next day or next month, etc

Theory is I would buy power from one ctpy at their injection/source point and sink it at another location for a profit. However, which systems would I use to schedule/notify PJM of this transaction? Clearly, I would need to reserve transmission but how/where do I do that? Once I have the transmission, do I then tag it and thats it? Are there any fees, etc that I should be aware of?

Any feedback is really appreciated.

3 Comments
 

What about webtag? what do you use that for? I guess i am confused about the difference between OASIS and WebTag?

Also... I am new to this as well, I am just now trying to learn about wheeling power and what it all means. Are these physical or financial transactions ?

Any info is greatly appreciated.

 

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