FEDERAL ENERGY REGULATORY COMMISSION
WASHINGTON, D.C.  20426

OFFICE OF ENERGY MARKET REGULATION

PJM Interconnection, L.L.C. and

New York Independent System Operator, Inc.

Docket No. ER13-1684-000

Issued:  July 30, 2013

Mr. Stephen R. Pincus, Assistant General Counsel PJM Interconnection, L.L.C.

955 Jefferson Avenue

Valley Forge Corporate Center Norristown, PA  19403

Mr. James H. Sweeney, Attorney

New York Independent System Operator, Inc.

10 Krey Boulevard

Rensselaer, NY  12144

Reference:  Proposed Amendments to the Joint Operating Agreement between New York
Independent System Operator, Inc. and PJM Interconnection, L.L.C.

Dear Mr. Pincus and Mr. Sweeney:

On June 13, 2013, the New York Independent System Operator, Inc. (NYISO) and
PJM Interconnection, L.L.C. (PJM) submitted proposed revisions to the Joint Operating
Agreement between NYISO and PJM.  NYISO and PJM state that the proposed revisions
to the Joint Operating Agreement permits NYISO and PJM to temporarily suspend the
market-to-market coordination process and settlements under the following concerns: (1)
if the data link between NYISO and PJM fails, precluding the exchange of data necessary
to implement the market-to-market coordination process; or (2) if either NYISO’s or

PJM’s energy management system or real-time security constrained economic dispatch
fails, rendering impossible the creation of data necessary for market-to-market
coordination.  NYISO and PJM state that the proposed revisions to the Joint Operating
Agreement will also clarify certain sections of the market-to-market provisions.

Pursuant to the authority delegated to the Director, Division of Electric Power

Docket No. ER13-1684-0002

Regulation - East, under 18 C.F.R. § 375.307, your submittal is accepted for filing, effective August 14, 2013, as requested.

The filing was noticed on June 13, 2013, with comments, interventions and
protests due on or before July 5, 2013.  No protests or adverse comments were filed.
Pursuant to Rule 214 (18 C.F.R. § 385.214 (2012)), to the extent that any timely filed
motions to intervene and any motion to intervene out-of-time were filed before the
issuance date of this order, such interventions are granted.  Granting late interventions at
this stage of the proceeding will not disrupt the proceeding or place additional burdens on
existing parties.

This acceptance for filing shall not be construed as constituting approval of the referenced filing or of any rate, charge, classification, or any rule, regulation, or practice affecting such rate or service contained in your filing; nor shall such acceptance be
deemed as recognition of any claimed contractual right or obligation associated
therewith; and such acceptance is without prejudice to any findings or orders which have been or may hereafter be made by the Commission in any proceeding now pending or hereafter instituted by or against NYISO and PJM.

This order constitutes final agency action.  Requests for rehearing by the

Commission may be filed within 30 days of the date of issuance of this order, pursuant to

18 C.F.R. § 385.713.

Sincerely,

Jignasa Gadani, Director Division of Electric Power Regulation - East