Congestion levels on existing infrastructure
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Abstract
Congestion occurs when available least-cost energy cannot be delivered to some loads because transmission facilities do not have sufficient capacity to deliver the energy. When a transmission constraint is binding (i.e., its limit is reached) it has an associated shadow price – the marginal value of relieving the constraint (i.e., of increasing the asset’s flow limit). This report contains one page dedicated to each ISO and RTO in the U.S. documenting empirical outcomes related to binding constraints during 2022 through 2024 for both the day-ahead and real-time markets. For each system operator and market timeline, the report contains two maps of infrastructure elements that are color-coded based on congestion characteristics. The first map provides information on how often each element has a binding constraint, that is, the frequency of congestion on the element. The second map reflects the intensity of congestion, measured as the sum of shadow prices.