Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees 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. The MRC will be asked to endorse proposed revisions to Manual 14B: PJM Region Transmission Planning Process and Manual 14F: Competitive Planning Process conforming to tariff revisions accepted by FERC in December (ER21-162). PJM proposed including capacity constraints as inputs to the market efficiency analysis for market efficiency projects in the Regional Transmission Expansion Plan and to clarify when capacity benefits of such projects are calculated. (See “Manual 14F and 14B Updates,” PJM PC/TEAC Briefs: May 11, 2021.)
Endorsements (9:10-10:10)
1. Interconnection Construction Service Agreement Superseding Language and Automatic Termination Provision (9:10-9:25)
Stakeholders will be asked to endorse proposed tariff revisions to address concerns associated with the pro forma interconnection construction service agreement’s lack of superseding language and current automatic termination provision. PJM said the growing interconnection queue volume has created the need for improvements. (See “ICSA Addressed,” PJM MRC Briefs: May 26, 2021.)
2. Reserve Price Formation Issue Charge (9:25-10:10)
A. Members will vote on a problem statement and issue charge presented by Adrien Ford of Old Dominion Electric Cooperative and John Rohrbach, representing Southern Maryland Electric Cooperative, regarding the PJM operating reserve demand curve and transmission constraint penalty factors. The issue charge is designed to consider whether an administrative mechanism, such as a circuit breaker, should be established in PJM’s energy market to protect consumers and market participants from financial impacts resulting from scarcity price signals.
B. Sharon Midgley of Exelon will present an alternative problem statement and issue charge regarding a scarcity pricing circuit breaker for a vote.
Members Committee
Consent Agenda (12:40-12:45)
B. The MC will be asked to endorse proposed tariff revisions to address new service requests deficiency review requirements. Members unanimously endorsed the proposed solution and tariff revisions at last month’s MRC meeting. (See “New Service Requests Approved,” PJM MRC Briefs: May 26, 2021.)
C. Stakeholders will be asked to approve proposed Operating Agreement revisions to address the avoidance of future CIP-014 facilities. The avoidance proposal was approved by an acclamation vote at last month’s MRC meeting. (See “CISO Avoidance Endorsed,” PJM MRC Briefs: May 26, 2021.)