November 5, 2024
PJM MRC/MC Preview: July 26, 2018
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members Committees on July 26, 2018.

Below is a summary of the issues scheduled to be brought to a vote at the PJM 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 InsiderRTO 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 manual changes:

A. Manual 3A: Energy Management System (EMS) Model Updates and Quality Assurance (QA). Revisions developed to include or update technical specifications and procedures.

B. Manual 11: Energy & Ancillary Services Market Operations. Revisions developed to address inconsistencies between PJM’s governing documents regarding price-based offers above $1,000. The RTO hopes to introduce additional system controls to improve validation of price-based offers by November. (See “Energy Market Caps,” PJM Market Implementation Committee Briefs: July 11, 2018.)

C. Manual 14A: New Services Requests Study Process and Manual 14G: Generation Interconnection Requests. PJM is seeking to split out part of Manual 14A into a new Manual 14G to better organize interconnection information. (See “Interconnection Procedure Split,” PJM PC/TEAC Briefs: June 7, 2018.)

3. Governing Document Revisions for Seasonal Demand Response Registration (9:30-9:45)

Members will be asked to endorse revisions to Manual 18: PJM Capacity Market, the Tariff and the Reliability Assurance Agreement associated with the registration process for aggregated seasonal demand response resources. (See “Seasonal Aggregation,” PJM Market Implementation Committee Briefs: July 11, 2018.)

4. Revisions to RAA and Manual 18: PJM Capacity Market (9:45-10:00)

Members will be asked to endorse revisions to the RAA and Manual 18 associated with changes developed by the Demand Response Subcommittee to address issues identified with atypically low customer load during winter peak load calculation period. The Market Implementation Committee endorsed the changes in June.

5. Fuel Requirements for Black Start Resources Problem Statement & Issue Charge (10:00-10:20)

Members will be asked to approve a proposed problem statement and issue charge on fuel requirements for black start resources. (See “Black Start Fuel Assurance,” PJM Operating Committee Briefs: July 10, 2018.)

6. FTR Credit Proposal (10:20-10:50)

Members will be asked to endorse proposed Tariff revisions to implement a 10-cent/MWh minimum monthly credit requirement for financial transmission rights bids submitted in auctions and cleared positions held in FTR portfolios. (See “Credit Requirements,” PJM Market Implementation Committee Briefs: July 11, 2018.)

7. Variable Operations & Maintenance Packages (10:50-11:30)

Members will be asked to endorse one of four proposals on what maintenance cost components should be included in generators’ cost-based offers. A proposal sponsored by American Electric Power will be considered first, followed by proposals from PJM, the Independent Market Monitor and Rockland Electric. (See “VOM Update,” PJM Market Implementation Committee Briefs: July 11, 2018.)

Members Committee

1. FTR Credit Proposal (1:10-1:25)

Members will be asked to endorse proposed Tariff revisions to implement a minimum per-megawatt-hour FTR credit requirement. (See MRC item 6 above.)

2. Variable Operations & Maintenance Packages (1:25-1:40)

Members will be asked to endorse the proposal on where and how to include VOM costs in generators’ offers that is endorsed in the MRC meeting. (See MRC item 7 above).

— Rory D. Sweeney

PJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)

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