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

Markets and Reliability Committee

Consent Agenda (9:05-9:10)

B. Stakeholders will be asked to endorse revisions to the Regional Transmission and Energy Scheduling Practices document. The document was endorsed at the Market Implementation Committee meeting Sept. 9. (See “Energy Scheduling Practices Revisions Endorsed,” PJM MIC Briefs: Sept. 9, 2021.)

Endorsements/Approvals (9:10-10:40)

1. Energy Price Formation Charter (9:10-9:25)

Members will be asked to approve revisions to the Energy Price Formation Senior Task Force (EPFSTF) charter. Votes will be taken on the original proposal and a second with proposed amendments from Exelon.

2. Natural Gas and Electric Markets Issue Charge (9:25-9:40)

The committee will be asked to approve the proposed issue charge and review the problem statement related to natural gas and electric market coordination. Dominion Energy said the problem statement and issue charge were the result of continued concerns over the misalignment between the natural gas and electric markets. (See “Natural Gas and Electric Markets Issue Charge,” PJM MRC Briefs: Aug. 25, 2021.)

3. Market Suspension (9:40-10)

Stakeholders will be asked to endorse the proposed solution and Operating Agreement revisions to address rules related to market suspension. PJM said the revisions are designed to provide clear business rules in the RTO’s markets to account for a market suspension where it cannot clear or produce market results. (See “Market Suspension,” PJM MRC Briefs: Aug. 25, 2021.)

4. Initial Margining Solution (10-10:40)

Members will be asked to endorse a proposed solution and tariff revisions from work done in the Financial Risk Mitigation Senior Task Force (FRMSTF) to address rules related to initial margining. The work is one of the last significant changes resulting from the GreenHat Energy default. Upon endorsement of a proposed solution, the committee will also be asked to approve the sunset of the FRMSTF in an additional vote. (See “Initial Margining Solution,” PJM MRC Briefs: Aug. 25, 2021.)

Members Committee

Consent Agenda (1:40-1:45)

B. The committee will be asked to approve proposed revisions to Manual 34: PJM Stakeholder Process addressing photography in meetings and media guidelines. The changes resulted from feedback by members and discussions at the Stakeholder Process Forum. (See “Manual 34 Revisions,” PJM MRC/MC Briefs: July 28, 2021.)

C. Stakeholders will be asked to endorse proposed revisions from the Governing Document Enhancement and Clarification Subcommittee (GDECS) addressing administrative changes and clarifications in the tariff and OA. PJM said the revisions were found to be “simple and noncontroversial enough” that they were reviewed one time at the GDECS, receiving unanimous stakeholder support. (See “Consent Agenda Manual Endorsements,” PJM MRC/MC Briefs: July 28, 2021.)

D. Members will be asked to endorse proposed revisions to address making cure periods uniform across the tariff and OA. PJM said appropriate cure periods defined in section 15.1.5 of the OA were originally updated in that document, but not in section 7.3 of the tariff, which involves provisions limited to transmission service customers. (See “‘Know Your Customer’ Tariff Changes,” PJM MRC Briefs: Aug. 25, 2021.)

E. The committee will be asked to endorse proposed revisions to address making the definitions of working credit limits uniform across the tariff. The revisions eliminate duplicative definitions of “working capital limit” and leave it only in the definitions section of the tariff.

Endorsements (1:45-2:15)

1. PJM Administrative Rates (1:45-2)

Stakeholders will be asked to endorse the proposed solution and tariff revisions related to PJM administrative rates. The RTO is asking for endorsement after a first read to conduct a rate filing to FERC by Thursday and have a target effective date of Jan. 1, 2022.

2. Nominating Committee Elections (2-2:15)

Members will be asked to elect the sector representative nominees for the 2021-2022 Nominating Committee. The nominees include: Brian Vayda, executive director of the New Jersey Public Power Authority (Electric Distributors); Mike Gahimer of the Indiana Office of Utility Consumer Counselor (End-Use Customers); John Brodbeck, senior manager of transmission at EDP Renewables North America (Generation Owners); Bruce Bleiweis of DC Energy (Other Suppliers); and Jim Davis, regulatory and market policy strategic adviser for Dominion Energy (Transmission Owners).