Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committee meetings on Thursday. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage in RTO Insider.

RTO Insider will be covering the discussions and votes. See next Tuesday’s newsletter for a full report.

Markets and Reliability Committee

Consent Agenda (9:05-9:10)

Members will be asked to endorse the following manual changes and Tariff revisions:

B. Manual 6: Financial Transmission Rights. Periodic review, including clarifying and administrative changes.

C. Tariff Attachment Q, Appendix 1 – Annual Officer Certification and Tariff Part 1, section 10.4. Tariff clean-up revisions related to PJM’s recent market participation risk evaluation enhancements filing.

Endorsements/Approvals (9:10-9:40)

1. Five-minute Dispatch and Pricing (9:10-9:40)

Members will be asked to endorse the proposed solution and corresponding language revisions addressing the short-term solution to resolve issues in five-minute dispatch and pricing. The proposal, endorsed at the June 3 Market Implementation Committee meeting, calls for “work streams”: short-term market changes to address pricing alignment; “enhancements and clarifications” to LMP verification; intermediate operational changes to implement more “regimented” real-time security-constrained economic dispatch (RT SCED) case approvals; and long-term operational changes to investigate changing SCED timing and consider previous dispatch instructions. (See PJM 5-Minute Dispatch Proposal Endorsed.)

Members Committee

1. Five-minute Dispatch and Pricing (11:55-12:25)

See Item 1 in MRC, above.

2. Nominating Committee (12:25-12:35)

The committee will be asked to elect members of the 2020-2021 Nominating Committee.