December 23, 2024
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 02/27/14. 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.

Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees 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. RTO Insider will be in Wilmington 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)

The committee will be asked to endorse the following manual changes:

A. Manual 21: Rules and Procedures for Determination of Generating Capability — Revises rules and procedures regarding seasonal verification tests for steam generators. This includes the addition of a transition mechanism for generators that haven’t been conducting proper seasonal verifications. (See Transition Period OKd for Seasonal Verification Rules.)
B. Manual 7: PJM Protection Standards — Revises relay design parameters for line and substation transformer protection.
C. Manual 13: Emergency Operations — Revisions to demand response include new guidelines for pre-emergency and emergency DR.
D. Manual 11: Energy & Ancillary Services Market Operations — Clarifies tariff provisions regarding economic demand response settlements in energy market for load reductions that occur as part of normal operations.
E. Manual 40: Training and Certification Requirements — Revisions to update system operator training requirements in order to comply with NERC standards.

3. ENHANCED INVERTER CAPABILITIES (9:30-9:45)

The committee will be asked to approve a problem statement and issue charge to explore whether to require renewables such as solar PV to install “smart” inverters that can produce and absorb reactive power. With the increased use of renewable generation and retirement of many large traditional generation units, the need for reactive support is becoming increasingly important. (See `Smart’ Inverters May Give Solar Reactive Capability.)

4. GAS/ELECTRIC SYSTEM OPERATOR COMMUNICATIONS (9:45-10:00)

The committee will be asked to endorse proposed Operating Agreement revisions related to sharing of information between gas pipeline providers and electric transmission providers. (See FERC OKs Gas-Electric Talk.) This issue will also be considered for approval by the Members Committee (agenda item #5).

5. SYSTEM RESTORATION STRATEGY SENIOR TASK FORCE (SRSTF) (10:00-10:45)

The committee will be asked to endorse proposed revisions to Black Start compensation developed by the SRSTF. This includes the minimum incentive compensation proposal, which would replace the incentive factor in the black start base formula rate from 10% to the greater of 10% or $25,000. (See  Black Start Unis to See More Green.)

6. REPLACEMENT CAPACITY (10:45-11:30)

The committee will be asked to endorse proposed Tariff and Reliability Assurance Agreement revisions related to replacement capacity. These changes will help eliminate arbitrage opportunities between the base residual and incremental capacity auctions. This issue will be considered for endorsement by the Members Committee (agenda item #6). (See Stakeholders Back PJM on Arbitrage Fix.)

7. COORDINATED TRANSACTION SCHEDULES (CTS)/EXPORT CREDIT REQUIREMENTS (11:30-11:45)

The committee will be asked to endorse proposed Tariff revisions associated with CTS and export transactions. CTS, a new product designed to reduce uneconomic power flows between PJM and NYISO, was conditionally approved by FERC on Feb. 20 and will not be available to traders until at least November. (See New NYISO Product OK’d.)

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

Leave a Reply

Your email address will not be published. Required fields are marked *