November 22, 2024
PJM MRC/MC Preview: May 31, 2023
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The PJM Markets and Reliability Committee and Members Committee have a list of items to consider at their meetings Wednesday.

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)

The MRC will be asked to endorse:

D. proposed revisions to Manual 3: Transmission Operations resulting from its periodic review. The proposed language updates references in the document and aims to add clarity.

E. proposed revisions to Manual 11: Energy and Ancillary Services Market Operations related to real-time values through its periodic review. The changes are largely typographical.

F. proposed conforming revisions to Manual 11 to implement the transmission constraint penalty factor proposal approved by the committee during its Nov. 16, 2022, meeting. (See FERC Approves PJM Proposal to Reduce Congestion Penalty During Grid Upgrades.)

Issue Tracking: Operating Reserve Demand Curve (ORDC) & Transmission Constraint Penalty Factors

G. proposed conforming revisions to Manual 11, Manual 27: Open Access Transmission Tariff Accounting and Manual 28: Operating Agreement Accounting Market Operations related to the hybrid resources phase 1 package approved by the MC on Feb. 23. (See “MIC Endorses Proposal on Hybrid Resources,” PJM MIC Briefs: Nov. 2, 2022.)

Issue Tracking: Solar-Battery Hybrid Resources

H. proposed revisions to Manual 15: Cost Development Guidelines related to the heat input guidelines and the Independent Market Monitor’s opportunity cost calculator. The changes to the heat input guidelines include documenting the current methods for units to develop their heat input curves, while the opportunity cost calculator changes include a description of a two-hour look-ahead window for the commitment and de-commitment of generators in the calculator.

Issue Tracking: Opportunity Cost Calculator 2023 and Combined Cycles and Specialized Boilers Heat Input Guidelines

I. proposed revisions to Manual 36: System Restoration as part of its periodic review.

Endorsements (9:10-9:50)

1. Synchronized Reserve Requirement for Reliability (9:10-9:50)

A. PJM’s Donnie Bielak and Phil D’Antonio will present proposed revisions to Manual 11 section 4.3 and Manual 13: Emergency Operations section 2.2 to correspond with the increase to the synchronized reserve requirement announced at the May 11 Operating Committee meeting. The revisions seek to clarify when PJM can increase the reserve requirements. (See “PJM Doubles Synchronized Reserve Requirement,” PJM OC Briefs: May 11, 2023.)

B. Monitoring Analytics President Joe Bowring will give a presentation on the Monitor’s perspective on the increase.

Members Committee

Consent Agenda (1:05-1:10)

The MC will be asked to endorse:

B. proposed tariff and Operating Agreement revisions addressing renewable dispatch. The proposal was endorsed by the MRC at its April 26 meeting and is intended to provide dispatchers with more data to aid in anticipating the output of renewables. (See “Renewable Dispatch,” PJM MRC Briefs: April 26, 2023.)

Issue Tracking: Renewable Dispatch

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

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