Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees 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 in Wilmington, Del., covering the discussions and votes. See next Tuesday’s newsletter for a full report.

Markets and Reliability Committee

2. PJM Manuals (9:10-9:30)

Members will be asked to endorse the following proposed manual changes:

A. Manual 11: Energy & Ancillary Services Market Operations. Revisions developed to modify how the RTO estimates the synchronized reserve maximums for Tier 1 units in response to stakeholder concerns about significant overestimations. (See “Synch Reserve Changes,” PJM Operating Committee Briefs: May 1, 2018.)

B. Manual 20: PJM Resource Adequacy Analysis. Revisions developed to modify how winter peak weeks are calculated to address concerns that the current “theoretical” approach used in PJM’s PRISM modeling software to estimate RTO-wide generator outage levels during the winter peak does not reflect historical outage levels. (See “Winter Modeling Changes,” PJM PC/TEAC Briefs: May 3, 2018.)

3. Governing Document Enhancement & Clarifications Subcommittee Updates (9:30-9:45)

Members will be asked to endorse proposed revisions to the Tariff, Operating Agreement and Reliability Assurance Agreement to clarify cross references.

4. FTR Nodal Remapping (9:45-10:00)

Members will be asked to endorse proposed changes to Manual 6 to address replacing terminated nodes that are part of financial transmission right paths. (See “Modeling Node Changes,” PJM Market Implementation Committee Briefs: May 2, 2018.)

5. Long-term FTR Auction (10:00-10:30)

Members will be asked to endorse proposed changes to the long-term FTR auction construct to correct current processes that allow participants to obtain the rights to congestion on transmission paths before the owners of the underlying auction revenue rights. (See “Long-term FTRs Undercut Annual FTRs,” PJM Market Implementation Committee Briefs: June 6, 2018.)

6. Variable Operations & Maintenance Packages (10:30-11:10)

Members will be asked to endorse proposed changes to allow including maintenance costs in cost-based energy offers as part of variable operations and maintenance (VOM); however, stakeholders will also likely discuss a proposal from the Independent Market Monitor that would eliminate those costs from such energy offers. (See “Accounting for Maintenance Costs in Cost-Based Offers,” PJM Market Implementation Committee Briefs: June 6, 2018.)

Members Committee

Consent Agenda (1:05-1:10)

Members will be asked to approve:

B. Revisions to the confidentiality provisions of the OA to specify that PJM may share member confidential information with reliability entities in addition to NERC. (See “Stakeholders Approve Changes to Manuals, Operations,” PJM Markets and Reliability Committee Briefs: May 24, 2018.)

1. Planning Committee Cost Containment Proposals (1:10-2:10)

Members will be asked to endorse proposed OA revisions related to Order 1000 competitive transmission project cost containment provisions. The revisions were developed collaboratively by LS Power, several state consumer advocates and the Monitor, and were resoundingly endorsed at last month’s MRC, despite strong opposition from transmission owners. PJM CEO Andy Ott will address members on the issue prior to the vote. (See Cost Containment Coming to PJM Transmission Bids.)

2. Governing Document Enhancement & Clarifications Subcommittee Updates (2:10-2:20)

Members will be asked to endorse proposed revisions to the Tariff, OA and RAA to clarify cross references. (See MRC item 3 above).

3. Long-term FTR Auction (2:20-2:40)

Members will be asked to endorse proposed changes to the long-term FTR auction construct to correct current processes that allow participants to obtain the rights to congestion on transmission paths before the owners of the underlying ARRs. (See MRC item 5 above).

— Rory D. Sweeney