Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on Wednesday. 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.
Consent Agenda (9:05-9:10)
B. Stakeholders will be asked to endorse proposed revisions to Manual 3A: Energy Management System (EMS) Model Updates and Quality Assurance (QA) resulting from the periodic cover-to-cover review. The changes were endorsed at the August Operating Committee meeting. (See “Manual 3A Updates Endorsed,” PJM Operating Committee Briefs: Aug. 12, 2021.)
C. Members will be asked to endorse proposed revisions to Manual 6: Financial Transmission Rights resulting from the periodic cover-to-cover review. The changes include an update to section 6.8 to align language with the current approach for addressing a defaulting member’s financial transmission rights with various options. (See “Manual Revisions Endorsed,” PJM MIC Briefs: July 14, 2021.)
D. The committee will be asked to endorse proposed revisions to Manual 11: Energy & Ancillary Services Market Operations addressing five-minute long-term changes and transparency. The manual revisions were endorsed at the August Market Implementation Committee meeting. (See “Fast-start Pricing Revisions Endorsed,” PJM MIC Briefs: Aug. 11, 2021.)
E. Stakeholders will be asked to endorse proposed revisions to Manual 11: Energy & Ancillary Services Market Operations, Manual 18: PJM Capacity Market and Manual 28: Operating Agreement Accounting to address the implementation of fast-start pricing. FERC accepted PJM’s filing in May on related tariff changes with an effective date of July 1. (See “Fast-start Manual Revisions,” PJM MRC/MC Briefs: July 28, 2021.)
F. Members will be asked to endorse proposed revisions to Manual 20: PJM Resource Adequacy Analysis resulting from the periodic cover-to-cover review. PJM said the minor changes included cleaning up outdated and redundant language and ensuring the manual language follows current processes in the RTO. (See “Manual 20 Endorsed,” PJM PC/TEAC Briefs: Aug. 10, 2021.)
G. The committee will be asked to endorse proposed revisions to Manual 28: Operating Agreement Accounting resulting from the periodic cover-to-cover review. The manual changes were first endorsed at the July MIC meeting. (See “Manual Revisions Endorsed,” PJM MIC Briefs: July 14, 2021.)
Endorsements (9:10-9:30)
1. Uniform Cure Periods (9:10-9:20)
Stakeholders will be asked to endorse proposed tariff revisions to address making cure periods uniform across the tariff and the Operating Agreement. The proposed solution calls for eliminating duplicative specification of cure periods for transmission customer payment violations in section 7.3 of the tariff by referencing section 15.1.5 of the OA.
2. Working Credit Limit Definitions (9:20-9:30)
The committee will be asked to endorse the proposed solution and tariff revisions to address making the definitions of working credit limits uniform across the tariff.