Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting 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. Manuals 14A, 14B and 14G. Revisions in response to FERC’s directives on PJM’s second Order 845 compliance filing. (See “Manual 14 Changes,” PJM PC/TEAC Briefs: July 7, 2020.)
C. Dispatch Interactive Map Application (DIMA). Operating Agreement revisions to grant transmission owners access to the Dispatch Interactive Map Application. (See “DIMA Quick Fix Endorsed,” PJM OC Briefs: July 9, 2020.)
Endorsements/Approvals (9:10-10:55)
1. Manuals 14D and 27 – Zonal NSPL Values (9:10-9:25)
Members will be asked to endorse revisions to Manual 14D: Generator Operational Requirements and Manual 27: Open Access Transmission Tariff Accounting that alter the deadlines for adjustments associated with finalizing the zonal network service peak load values. (See “Manual 14D and 27 Revisions,” PJM MIC Briefs: Aug. 5, 2020.) The Manual 27 revisions were endorsed at the Aug. 5 Market Implementation Committee meeting, while the related Manual 14D revisions were endorsed at the Aug. 6 Operating Committee meeting.
2. Market Efficiency Process Enhancement Task Force (9:25-10:10)
Stakeholders will be provided an update on the Phase 3 work completed at the Market Efficiency Process Enhancement Task Force and asked to vote on several rule changes. (See PJM Stakeholders Debate Market Efficiency Proposals.)
A. PJM will review two proposals for creating a new regional targeted market efficiency project (RTMEP) process that transmission owners say will target small projects addressing persistent congestion not identified in the forward-looking planning model, which other members have criticized for excluding competition. Members will be asked to approve American Electric Power’s and FirstEnergy’s package, A4, which would award RTMEPs to the incumbent TO. If that vote fails, members will be asked to consider PJM’s proposal, A1, which calls for 30-day competitive windows to select the developer. The AEP-FE proposal won a 56% Planning Committee vote in May, edging out the PJM proposal, which received 55% support. Members also will be asked to approve corresponding OA revisions.
B. PJM also will seek a vote on the benefit calculation metric for RTMEPs and asked to approve AEP-FE solution package B4, which would average multiple Monte Carlo results and run them on Regional Transmission Expansion Plan (RTEP), RTEP+3 and RTEP+6 years. If that fails, members will vote on PJM proposal B1, which would use a single-draw Monte Carlo simulation, with simulations for both Reliability Pricing Model and RTEP years. The AEP-FE proposal won 54% support from the PC, compared to 52% for PJM’s proposal. Corresponding OA revisions also will be up for a vote.
C. PJM will review and seek a vote on PJM package C1 and corresponding OA revisions to clarify when capacity benefits of RTMEPs are calculated.
3. Risk Management Committee Charter (10:10-10:25)
PJM will seek approval of revisions to the Credit Subcommittee charter, which expand its scope to incorporate risk and changes the committee reporting structure. The panel will be renamed the Risk Management Committee. (See “‘Credit’ Subcommittee Proposed to Change to ‘Risk Management,’” PJM MRC Briefs: April 30, 2020.)
4. Critical Infrastructure Stakeholder Oversight Senior Task Force (10:25-10:55)
Stakeholders will be asked to revoke an issue charge being worked on at special PC sessions on critical infrastructure stakeholder oversight and endorse a replacement issue charge, which has a related problem statement. (See “Changes Approved to CISO Issue Charge,” PJM PC/TEAC Briefs: May 12, 2020.)