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 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
3. PJM Manuals (9:25-9:35)
Members will be asked to endorse the following manual change:
- Manual 14B: PJM Region Transmission Planning Process. Establishes criteria for reliability studies focused on meeting winter peaks from Dec. 1 through Feb. 28. Includes assumptions for the input power flow models and parameters for the analytical studies to be performed. (See “Winter Study Criteria, Uplift Added to Planning Manual,” in PJM Planning Committee Briefs.)
4. TIER 1 COMPENSATION (9:35-9:55)
The committee will be asked to approve manual and Tariff language changing compensation of Tier 1 synchronized reserves. Under the new scheme, Tier 1 synchronized reserve resources will be obligated to respond in emergencies and subject to penalties if they can’t. It retains Tier 1’s ability to receive compensation outside of synch reserve events when the non-synch reserve market price is more than $0. Units could opt out of the performance obligation, but by doing so they would forfeit any credit they would have received outside of responding to an event. The changes will go before the MC on Nov. 19 and would be implemented no earlier than February. (See “Tier 1 Compensation Language Approved,” PJM Market Implementation Committee Briefs.)
5. REGULATION PERFORMANCE IMPACTS (9:55-10:10)
The committee will be asked to endorse revisions to Manual 11: Energy & Ancillary Services Markets Operations implementing changes to reduce over-procurement of RegD resources. The solution would move the benefits factor curve to the left so that it is at zero at 40%. A cap of 26.2% also would be implemented during identified excursion hours — hours when dispatch frequently moves the regulation signal manually. It also features tie-breaker logic to rank RegD self-schedules or zero-cost offers. (See “Solution, Task Force Proposed to Curtail RegD Resources,” in PJM Markets and Reliability Committee Briefs.)
6. REGULATION MARKET ISSUES SR. TASK FORCE (rmistf) (10:10-10:20)
Members will be asked to endorse a draft charter for the Regulation Market Issues Senior Task Force. The task force will be tasked with addressing modeling problems that are causing PJM’s regulation market to purchase too much RegD megawatts at times. (See agenda item 5 above.)
7. INCREMENTAL AUCTION TARIFF CLEAN UP (10:20-10:30)
A Tariff provision up for endorsement would allow PJM to release Base Capacity resources to reflect the Capacity Performance resources it acquired in the transition auctions for the 2016/17 and 2017/18 delivery years. (See “PJM Seeks Tariff Change to Release Excess Capacity,” in PJM Markets and Reliability Committee Briefs.)
8. 2015 IRM STUDY RESULTS (10:30-10:45)
The results of the 2015 installed reserve margin study will be presented for endorsement. It increases the IRM for delivery year 2016/17 to 16.4% from 15.5% in the 2014 study. IRMs also rose for 2017/18 and 2018/19. (See “IRM, FPR Rising; PJM Methodology Challenged,” PJM Planning Committee Briefs.)
9. GOVERNING DOCUMENTS ENHANCEMENT AND CLARIFICATION SUBCOMMITTEE (gdecs) (10:45-10:55)
The committee will be asked to approve a draft charter for the Governing Documents Enhancement and Clarification Subcommittee, which will be tasked with identifying, reviewing and resolving inconsistencies among PJM’s governing documents and manuals. It also will offer revisions to correct ambiguous or confusing language.
Members Committee
ENDORSEMENTS (1:25-2:00)
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CONSUMER ADVOCATES OF PJM STATES (CAPS) (1:25-1:55)
Members will be asked to vote on a proposal to fund a $450,000 budget for the nonprofit Consumer Advocates for the PJM States through an assessment on electric customers. It would amount to about 0.8 cents annually for a residential customer using 12,000 kWh. (See Consumer Advocates’ Funding Request Sparks Sharp Words.)
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ELECTIONS (1:55-2:00)
Members will be elected for the Nominating Committee for 2015-16. The sector representatives are:
- Electric Distribution Sector: Lisa McAllister, American Municipal Power
- End Use Customer Sector: Ruth Ann Price, Division of the Public Advocate of the State of Delaware
- Generation Owner: Joe Kerecman, Calpine
- Other Supplier Sector: Marji Philips, Direct Energy
- Transmission Owner Sector: John Horstmann, Dayton Power & Light