December 22, 2024
PJM MRC/MC Preview: March 23, 2022
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A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on March 23, 2022.

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

RTO Insider will be covering the discussions and votes. See next Tuesday’s newsletter for a full report.

Markets and Reliability Committee

Consent Agenda (9:15-9:20)

B. Stakeholders will be asked to endorse proposed revisions to Manual 12: Balancing Operations resulting from a periodic review. The changes include attachment references and other minor revisions.

C. Stakeholders will be asked to endorse proposed revisions to Manual 13: Emergency Operations resulting from a periodic review. The changes include new columns with winter values for estimated peak load and estimated load reduction in the voltage reduction summary table.

D. Stakeholders will be asked to endorse proposed revisions to Manual 18: PJM Capacity Market to conform with several recent FERC orders, including those on the minimum offer price rule, the market seller offer cap and the removal of the 10% cost adder for the reference resource used to establish the variable resource requirement curve. (See “Manual 18 Revisions,” PJM MRC/MC Briefs: Feb. 24, 2022.)

E. Stakeholders will be asked to endorse proposed revisions to Manual 37: Reliability Coordination resulting from a periodic review. The language would properly label Silver Run Electric as a transmission owner in Attachment A of the manual.

Endorsements (9:20-10:15)

1. Pseudo-modeled Combined Cycle Minimum Run Time Guidance (9:20-9:40)

Members will be asked to endorse a proposal that includes adding language to Manual 11: Energy and Ancillary Services Market Operations to address pseudo-modeled combined cycle minimum run time guidance. The proposed solution calls for adding language to Manual 11 to require market sellers to update the minimum run time of a pseudo-modeled unit to remove associated steam turbine start-up time included in the parameter limit when it’s dispatched. (See “Minimum Run Time Guidance,” PJM MRC/MC Briefs: Feb. 24, 2022.)

2. Capacity Capability Senior Task Force Sunset (9:40-9:50)

The committee will be asked to endorse the sunset of the Capacity Capability Senior Task Force. The task force was originally created in March 2020 to consider using effective load-carrying capability to set the capacity value of limited-duration resources such as battery storage. (See “CCSTF Sunset,” PJM MRC/MC Briefs: Feb. 24, 2022.)

3. Max Emergency Changes (9:50-10:15)

Stakeholders will be asked to endorse an issue charge and proposed revisions to Manual 13: Emergency Operations addressing the extension of a temporary change to maximum emergency status for gas combustion turbines and steam generators. PJM made a temporary change to section 6.4 of Manual 13 in a “note” to modify the remaining hours under which a resource may be offered as maximum emergency generation. (See “Max Emergency Changes,” PJM MRC/MC Briefs: Feb. 24, 2022.)

Members Committee

Endorsements (1:30-2:30)

1. FTR Credit Requirement (1:30-2:30)

Members will be asked to vote on several motions regarding revisions to PJM’s tariff on financial transmission rights credit requirements stemming from FERC’s recent rejection of the proposal to modify the calculation. The commission directed PJM to make an informal filing within 60 days of the date of the order to either show why its FTR credit requirement remains just and reasonable and not unduly discriminatory or preferential, or explain what tariff changes will remedy the commission’s concerns. (See FERC Rejects PJM’s FTR Credit Requirement Proposal.)

PJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)

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