PJM MRC/MC Preview: Aug. 20, 2025

Listen to this Story Listen to this story

|
PJM's Markets and Reliability and Members committees will be asked to endorse manual revisions codifying the first phase of the RTO's regulation market redesign.

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 Aug. 20. 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.

Markets and Reliability Committee

Consent Agenda (9:20-9:25)

The committee will be asked to endorse as part of its consent agenda:

C. proposed changes to Manual 11: Energy & Ancillary Services Market Operations, Manual 12: Balancing Operations, Manual 15: Cost Development Guidelines and Manual 28: Operating Agreement Accounting codifying the first phase of PJM’s regulation market redesign. The market would use a single price signal to dispatch regulation units up and down, replacing a model with separate long-deployment and fast-response products. (See “Regulation Market Redesign Endorsed,” PJM MIC Briefs: Aug. 6, 2025.)

Same-day endorsement will be sought at the MC for the revisions to Manual 15.

Issue Tracking: Regulation Market Design

Endorsements (9:25-10:45)

1. RPM Seller Credit (9:25-9:40)

PJM’s Gwen Kelly will present a proposal to add a creditworthiness review in the granting of seller credit in the Reliability Pricing Model. The committee will be asked to endorse the proposed solution and corresponding tariff revisions at this meeting.

Issue Tracking: Review of RPM Seller Credit Provision for Market Participants

2. Elimination of First Usage (9:40-9:55)

PJM’s Thomas DeVita will present a solution to rework how PJM determines whether a wholesale resource interconnecting to a distribution asset falls under federal or state jurisdiction. The “bright-line” test would consider any points of interconnection below 69 kV to be under state or local jurisdiction, whereas higher-voltage facilities would fall under federal jurisdiction, unless FERC and the transmission owner have classified it as a transmission or distribution asset for cost recovery purposes. (See PJM Proposes Changes to Determination of Jurisdiction over Generation.)

The committee will be asked to endorse the proposed solution and corresponding tariff revisions at this meeting.

Issue Tracking: Eliminating “First Use” for Interconnections to Distribution Facilities in PJM

3. ELCC Accreditation Methodology (9:55-10:45)

A. PJM’s Michele Greening will present the results of a poll conducted by the Effective Load Carrying Capability Senior Task Force on changes to the effective load-carrying capability (ELCC) calculation and how the ratings it produces factor into resource accreditation.

B. PJM’s Pat Bruno will review the RTO’s Package C, which would add winter deliverability tests and winter installed capacity values to the ELCC analysis and apply weighting to historic performance in favor of more recent events. PJM’s proposal will be voted on first as the main motion.

C. Michael Cocco, of Old Dominion Electric Cooperative, will present an alternative proposal, Package F, that would reduce the probability of the ELCC modeling drawing resource performance data from the 2014 polar vortex and December 2022’s Winter Storm Elliott by 33%.

D. Independent Market Monitor Joe Bowring will present another alternative proposal, Package B1, that would shift to unit-specific accreditation, use winter ratings in the ELCC calculation and remove the polar vortex and Elliott performance data on the grounds that PJM has made operational changes that make historic performance unlikely to reoccur. The Monitor will seek an RTO member to move and second the proposal.

The committee will be asked to endorse a proposed solution at this meeting. Same-day MC endorsement may be sought.

Issue Tracking: Capacity Market Enhancements – ELCC Accreditation Methodology

Members Committee

Consent Agenda (2:20-2:25)

The committee will be asked to endorse as part of its consent agenda:

B. proposed tariff and Operating Agreement revisions intended to make balancing operating reserve credit and deviation charges more accurately reflect whether a resource has followed PJM dispatch. The addition of a tracking ramp limited desired (TRLD) metric would compare resource output over time to dispatch instructions to determine how a resource is responding, while changes to the balancing operating reserve credit calculation would aim to simplify the formula.

Issue Tracking: Operating Reserve Clarification for Resources Operating as Requested by PJM

C. proposed Reliability Assurance Agreement revisions to revise the definition of dual-fuel capacity resources to include those that have dedicated fuel sources that are not stored on-site.

Issue Tracking: Dual Fuel Capacity Definitions

Endorsements (2:25-3:25)

1. Election (9:25-9:40)

PJM’s Greening will present a proposal to nominate Constellation Energy’s Juliet Anderson to serve as 2025 Generation Owner sector whip. The committee will be asked to vote on the nomination upon first read.

2. Regulation Market Manual 15 Revisions (2:35-2:45)

PJM’s Ilyana Dropkin will present revisions to Manual 15: Cost Development Guidelines to codify PJM’s regulation market redesign (see above). The committee will be asked to endorse the proposed manual revisions at this meeting.

Issue Tracking: Regulation Market Design

3. ELCC Accreditation Methodology (2:45-3:25)

PJM’s Bruno, ODEC’s Cocco and Monitor Bowring will present each of their proposals to rework the ELCC methodology (see above). The committee will be asked to endorse a proposed solution at this meeting.

Issue Tracking: Capacity Market Enhancements – ELCC Accreditation Methodology

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

Leave a Reply

Your email address will not be published. Required fields are marked *