Below is a summary of the agenda items scheduled to be brought to a vote at the upcoming PJM Markets and Reliability Committee and Members Committee meetings. 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 cover 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 System (EMS) Model Updates and Quality Assurance drafted through the document’s periodic review. The changes include clarifications to the transmission facility ratings process, grammatical corrections and removing the legacy NERC Functional Model.
C. Endorse proposed revisions to Manual 14F: Competitive Planning Process proposed as part of the manual’s periodic review. The revisions would make formatting and grammatical corrections, remove out-of-date references, update instructions for uploading files to PJM and reorganize some sections.
D. Endorse proposed revisions to Manual 21B: PJM Rules and Procedures for Determination of Generating Capability to update the definition of dual fuel gas generators to align with tariff language approved in ER24-1988. (See “Stakeholders Endorse Dual Fuel Manual Definitions,” PJM PC/TEAC Briefs: Oct. 8, 2024.)
E. Endorse proposed revisions to the tariff and Operating Agreement (OA) to eliminate the High/Low and Marginal Cost Proxy approaches to interface pricing. (See “PJM Proposes Elimination of Two Interface Pricing Models,” PJM MRC Briefs: Sept. 25, 2024.)
Issue Tracking: Interface Pricing for Non-market Entities
Endorsements (9:10-10:30)
1. Credit Risk Arising from Bilateral Capacity Transactions (9:10-9:30)
PJM’s Gwen Kelly will review a proposal to increase its review of the creditworthiness of parties to a bilateral capacity transaction. (See “First Read on Increased Review of Credit Risk for Bilateral Capacity Transactions,” PJM MRC Briefs: Sept. 25, 2024.)
The committee will be asked to endorse the proposed solution and corresponding tariff revisions.
Issue Tracking: Credit Risk Arising from Bilateral Capacity Transactions
2. Capacity Market Enhancements — Data Transparency (9:30-9:50)
LS Power’s Tom Hoatson will review a problem statement and issue charge asking stakeholders to consider expanding the transparency of PJM’s effective load carrying capability (ELCC) approach to accreditation. (See “LS Power Issue Charges on Accreditation Transparency, Unit-specific Performance,” PJM MRC Briefs: Sept. 25, 2024.)
The committee will be asked to endorse the proposed issue charge.
3. ELCC Capacity Accreditation Methodology (9:50-10:10)
Hoatson will review a second problem statement and issue charge pair addressing the marginal ELCC design and how it is used to determine resource accreditation.
The committee will be asked to endorse the proposed issue charge.
4. Storage Integration (Phase II): Transmission Asset Utilization in Operations (10:10-10:30)
PJM’s Dave Anders will review a problem statement and issue charge exploring the implementation of storage as a transmission asset (SATA). During the Sept. 25 first read, Anders said discussion on SATA had been tabled by stakeholders four years ago. But PJM believes the subject should be reopened, as storage is increasingly viewed as a solution to costly reliability must-run agreements with deactivating resources. (See “PJM Proposes Reopening Discussion of Storage as a Transmission Asset,” PJM MRC Briefs: Sept. 25, 2024.)
The committee will be asked to approve the issue charge.
Members Committee
Consent Agenda (1:35-1:40)
B. Endorse proposed revisions to Manual 15: Cost Development Guidelines prepared through the document’s periodic review. The changes include correcting several formulas throughout the manual and removing the variable operations and maintenance (VOM) default values table to point instead to annually updated values on the PJM website. (See “Other Committee Activities,” PJM MIC Briefs: Sept. 11, 2024.)
