Changes to two PJM manuals were approved by the Market Implementation Committee on March 6, 2013. The changes will be considered next by the Markets and Reliability Committee. For more information, contact PJM Member Relations.

Manual 11: Energy & Ancillary Services Market Optns./Manual 28: Operating Agreement Accounting

Reason for Change: Changes were made to comply with a FERC order regarding allocation of costs for PJM’s joint operating agreement with the New York ISO.

Impacts:

• M28, Section 5 (identical changes in M11, Section 2.13): Day-ahead operating reserve credits for resources scheduled to provide reactive services or transfer interface control will be allocated to PJM members in proportion to their total real-time load in the applicable transmission zone(s). These credits were previously included in the allocation of day ahead operating reserves.
• Manual 28, Section 8 and 14: Revenues paid to or received from NYISO for market-to-market (M2M) congestion relief will be incorporated in the total transmission congestion charges allocated to FTR holders. This is identical to how M2M charges are treated with the Midwest ISO.
• Manual 28, Section 4: Footnote added to clarify that diesel generators are treated like combustion turbines based on their similar operating characteristics.

PJM Contact: Eric Hsia