December 23, 2024
PJM Markets and Reliability Committee Preview: Dec. 21, 2017
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on Dec. 21, 2017.

Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee 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 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

2. PJM Manuals (9:10-9:40)

Members will be asked to endorse the following proposed manual changes:

A. Manual 1: Control Center and Data Exchange Requirements. Revisions developed to update NERC references and procedures related to outages and system-restoration planning. PJM members will be required to send the RTO data on transmission megawatt and MVAR flows and bus voltages at greater than or equal to 100 kV, down from 345 kV.

B. Manual 10: Pre-Scheduling Operations. Revisions developed to comply with NERC standards as part of a periodic review of the manual. Generators will be required to notify PJM of operating conditions that could result in a single contingency causing an outage of multiple generators.

C. Manual 14D: Generator Operational Requirements. Revisions developed as part of a periodic review. Generators will need to be modeled in eDART consistent with the PJM energy management system model.

3. Manuals 3 and 13 Revisions and Gas Pipeline Contingencies (9:40-10:10)

A. Members will be asked to endorse proposed changes to Manual 3: Transmission Operations and Manual 13: Emergency Operations, which include processes for addressing gas pipeline disruptions that affect generator reliability.

B. Members will also be asked to endorse manual revisions proposed by gas-fired generators to document compensation mechanisms for generators directed by PJM to take action related to a pipeline contingency. (See related story, “Gas Generators Block PJM Pipeline Plan,” PJM OC briefs: Dec. 12, 2017.)

4. FTR Modeling, Performance & Surplus (FTRMPS) (10:10-10:40)

Members will be asked to endorse revisions to the Tariff, Manual 28: Operating Agreement Accounting and Manual 6: Financial Transmission Rights resulting from special sessions on FTR issues. The revisions will address changes to long-term FTR modeling for future transmission expansion, streamlining management of overlapping FTR auctions and allocating any surplus funds from day-ahead congestion and FTR auction revenue. (See related story, “FTR Discussions,” PJM MIC briefs: Dec. 13, 2017.)

5. New Service Request Study Methods (10:40-11:00)

Members will be asked to endorse changes to the procedures for the study of transmission service requests and upgrade requests in the new services queue process. (See “Interconnection Study Process to be Rearranged,” PJM Planning/TEAC Briefs Oct. 12, 2017.)

6. Energy Market Price Formation Problem Statement & Issue Charge (11:00-12:00)

Members will be asked to endorse PJM’s proposed problem statement and issue charge to changes price formation in the energy market. The RTO has proposed revisions that would allow inflexible units to set LMPs. The Independent Market Monitor has proposed an alternative problem statement and issue charge that would take up to two years to examine all components of energy market price formation and determine if changes are needed. (See “Questions Remain as PJM Continues Push for Price Formation Revisions,” PJM Markets and Reliability/Members Committees Briefs: Dec. 7, 2017.)

7. Capacity Construct/Public Policy Senior Task Force (CCPPSTF) (12:45-1:45)

Members will be asked to endorse Tariff revisions associated with the Monitor’s “MOPR-Ex” proposal to change the minimum offer price rule. The Monitor is proposing to amend the version endorsed by the Capacity Construct/Public Policy Senior Task Force to revise exemptions for state renewable portfolio standards. (See related story, IMM Battles Exelon on MOPR-Ex Proposal.)

8. Incremental Auction Senior Task Force (IASTF) (1:45-2:00)

Members will be asked to endorse a proposal developed by the Incremental Auction Senior Task Force to address concerns of excess capacity and low clearing prices. Although Proposal A” did not receive enough support at the IASTF to be automatically considered at the MRC, stakeholders moved for an endorsement vote. (See “Stakeholders Move Incremental Auction Proposal,” PJM Markets and Reliability/Members Committees Briefs: Dec. 7, 2017.)

— Rory D. Sweeney

Capacity MarketEnergy MarketFinancial Transmission Rights (FTR)PJM Markets and Reliability Committee (MRC)

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