Below is a summary of the agenda items scheduled to be brought to a vote at the special PJM Members Committee meeting Thursday. 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.
Endorsements (9:05-10)
1. Capacity Performance Penalties (9:05-10)
The Members Committee will consider endorsement of a proposal from American Municipal Power to modify the Capacity Performance (CP) penalty rate, performance assessment interval (PAI) trigger used to determine when generators pay penalties and the stop-loss limit defining how much a facility can be penalized. (See “Capacity Performance Penalties,” PJM MRC Briefs: April 26, 2023.)
The committee will be asked to endorse the proposed solution and corresponding tariff revisions.