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.

NOTE: The meetings this week will NOT be in Wilmington, Del., as is customary. They will be held at PJM’s Conference and Training Center in Valley Forge, Pa. RTO Insider will be there covering the discussions and votes. See next Tuesday’s newsletter for a full report.

Markets and Reliability Committee

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

Members will be asked to endorse the following manual changes:

A. Manual 3: Transmission Operations. Revisions, the result of a periodic review, include updating voltage control at nuclear stations, certain special protection scheme references and the BC/PEPCO operating procedure.

B. Manual 14A: Generation & Transmission Interconnection Process. Revisions resulting from special Planning Committee sessions, set new service request cost allocation and study methods. To ensure manual language allows cost allocation to occur for all projects, the word “interconnection” is replaced with “new service” in section B.2 of Attachment B.

C. Manual 14B: PJM Region Transmission Planning Process. Revisions will update the Capacity Import Limit calculation procedure. Starting with the 2020/21 delivery year, the CIL will no longer be applied as part of the Reliability Pricing Model. As part of new long term firm transmission service study procedures approved earlier this year, the CIL will be considered during interconnection studies associated with new transmission service requests.

D. Manual 15: Cost Development Guidelines. Revisions will implement updates the fuel-cost policy procedures, part of PJM’s compliance filing on hourly offers, which is awaiting FERC action (ER16-372-002). Major changes include an annual review of the policies, reasons for updating a policy outside of the annual review and a process for submitting undefined costs. (See “Fuel-Cost Policy Revisions Approved,” PJM Market Implementation Committee Briefs.)

E. Manual 18B: Energy Efficiency Measurement & Verification. Revisions, the result of a periodic review, include updates to incorporate the implementation of Capacity Performance.

F. Manual 21: Rules and Procedures for Determination of Generating Capability. Revisions, the result of a periodic review, include clarifications to testing rules and terms.

G. Manual 28: Operating Agreement Accounting. Revisions made to align with recent Manual 1 revisions clarify metering language and define a “fully metered EDC” as one that “reports hourly net energy flows from all metered tie lines to PJM via Power Meter and revenue meter data for the hourly net energy delivered by all generators within that EDC’s territory via Power Meter, for the purposes of energy market accounting.” The changes were developed in response to a stakeholder request.

3. Day Ahead Scheduling Reserve Requirement (10:10-10:25)

Members will be asked to endorse the 2017 day-ahead schedule reserve requirement. (See “Day-Ahead Scheduling Reserve Eligibility to be Studied,” PJM Market Implementation Committee Briefs.)

4. Manual 35 Retirement (10:25-10:35)

Members will be asked to endorse the retirement of Manual 35 and receive an update on its proposed replacement, the new Glossary section of PJM’s website. (See “PJM to Retire Manual 35,” PJM Planning Committee Briefs.)

5. Underperformance Risk Management Sr. Task Force (URMSTF) (10:35-10:50)

Members will be asked to endorse a package of revisions and updates to address underperformance risks. (See No End in Sight for PJM Capacity Market Changes.)

6. Base Capacity Extension (10:50-11:05)

Members will be asked to endorse a proposed one-year extension of Base Capacity made by Jeff Whitehead of Direct Energy. (See No End in Sight for PJM Capacity Market Changes.)

7. Excess Capacity Release Problem Statement/Issue Charge (11:05-11:20)

Members will be asked to approve a problem statement and issue charge presented by Jeff Whitehead of Direct Energy regarding PJM’s sell back of excess capacity in the incremental auctions. (See No End in Sight for PJM Capacity Market Changes.)

8. Combined Cycle Modeling Problem Statement (11:20-11:35)

Members will be asked to approve a problem statement presented by Bob O’Connell, of PPGI Fund A/B Development, regarding combined cycle unit modeling that was developed in the Combined Cycle User Group.

9. Winter-Season Resource Adequacy and Capacity Requirements Problem Statement/Issue Charge (11:35-11:50)

Members will be asked to approve a problem statement and issue charge presented by James Wilson on behalf of the Maryland Office of the Peoples’ Counsel regarding requirements for resource adequacy and capacity needs in the winter. (See No End in Sight for PJM Capacity Market Changes.)

10. Pumped-Storage Hydropower Tariff/OA Revisions (11:50-12:00)

Members will be asked to endorse Tariff and Operating Agreement revisions recommended by the Governing Document Enhancement & Clarification Subcommittee regarding the day-ahead scheduling of pumped-storage hydropower.

11. Revisions to Manual 18 Regarding Replacement of Capacity Obligations (12:00-12:15)

Members will be asked to endorse revisions presented by Barry Trayers of Citigroup Energy (and an accompanying friendly amendment from PJM) proposed for Manual 18: Capacity Market regarding the immediate replacement of capacity obligations.

Members Committee

Consent Agenda (2:20-2:25)

Members will be asked to endorse:

2016 Installed Reserve Margin study results. (See “IRM Study Approved but Criticized for Lack of Winter Analysis,” PJM Markets and Reliability and Members Committees Briefs.)

Proposed clarifying updates to the credit policy in Tariff Attachment Q. (See “Credit Policy Changes Approved,” PJM Markets and Reliability and Members Committees Briefs.)

1. Elections (2:25-2:40)

Members will be asked to elect new representatives for the Finance Committee, sector whips and the vice chair of the Members Committee for 2016-17.

2. Fuel Cost Policy and Hourly Offers (2:40-3:00)

Members will be asked to endorse revisions to Manual 15: Cost Development Guidelines. See MRC item 2.D. above.

— Rory D. Sweeney