Below is a summary of the agenda items 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 week’s newsletter for a full report.
Markets and Reliability Committee
Consent Agenda (9:05-9:10)
B. Endorse proposed revisions to Manual 3A: Energy Management Systems Model Updates and Quality Assurance (QA) with the aim of clarifying how transmission owners should submit modeling data to capture outages that aren’t linked to have a network model ticket. The changes, resulting from the manual’s periodic review, also aims to clarify definitions of monitored priorities. (See “Periodic Review Revisions to Several Manuals Discussed,” PJM OC Briefs: Oct. 5, 2023.)
C. Endorse proposed revisions to Manual 19: Load Forecasting and Analysis to require that load forecast adjustments include a 15-year forecast and more granular hourly load history to be provided. Electric distribution companies and load-serving entities (LSEs) also would be required to include a public document outlining how the forecast adjustment was calculated. (See “More Extensive Guidelines for Load Forecast Adjustment Endorsed,” PJM PC/TEAC Briefs: Oct. 3, 2023.)
Endorsements (9:10-10:30)
- Capacity Offer Opportunities for Generation with Co-located Load (9:10-9:30)
PJM’s Jeff Bastian is set to review a proposal to define how generators with co-located load not interconnected with PJM’s grid may enter into the capacity market. The language would allow the resource to retain its full capacity interconnection rights, rather than reducing its accreditation by the amount of energy supplied to the co-located load and would define the generator as an LSE for the load, subject to all applicable credits and charges. (See “Stakeholders Endorse Proposal on Co-located Load,” PJM MIC Briefs: Aug. 9, 2023.)
The committee will be asked to endorse the proposal.
- 2023 Reserve Requirement Study (9:30-9:45)
PJM’s Patricio Rocha Garrido will review the recommended values for the installed reserve margin (IRM) and forecast pool requirement (FPR) produced by the annual reserve requirement study (RRS). The IRM, which sets the targeted capacity level above expected loads, would rise from 14.7% for the 2026/27 delivery year in the 2022 study to 17.6% for the 2027/28 DY. The FPR, which includes forced outage rates, also would increase from 9.18 to 11.65% for the corresponding delivery years. (See “Stakeholders Endorse Reserve Requirement Study Values,” PJM PC/TEAC Briefs: Oct. 3, 2023.)
The committee will be asked to endorse the recommended values.
- Outage Coordination (9:45-10:05)
PJM’s Paul Dajewski will review a proposal and corresponding manual revisions to increase coordination between utilities and PJM to identify potential extended transmission outages. (See “Stakeholders Endorse Outage Coordination Manual Revisions,” PJM OC Briefs: Oct. 5, 2023.)
The committee will be asked to endorse the proposed solution and corresponding revisions to Manual 38: Operations Planning.
- Local Considerations in Net Cost of New Entry (10:05-10:25)
PJM’s Gary Helm will review a proposal and corresponding tariff revisions to create a fifth cost of new entry (CONE) area for the Commonwealth Edison (ComEd) zone, breaking it out of CONE Area 3. The proposal is the result of a stakeholder discussion on if and how to account for state or local policies that impact the inputs for calculating CONE for a region, in this case focusing on the Illinois Climate and Equitable Jobs Act. (See “Creation of Fifth CONE Area Endorsed,” PJM MIC Briefs: Oct. 4, 2023.)
The committee will be asked to endorse the proposed solution and tariff revisions. Endorsement from the Members Committee also is to be considered Wednesday.
Members Committee
Endorsements (1:25-1:35)
- Local Considerations in Net Cost of New Entry (1:25-1:35)
PJM’s Gary Helm will present a proposal and corresponding tariff revisions to create a fifth CONE area for the ComEd zone.
The committee will be asked to endorse the proposed solution and tariff revisions.
