Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committee meetings 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 in Valley Forge, Pa., covering the discussions and votes. See next Tuesday’s newsletter for a full report.

Markets & Reliability Committee

Consent Agenda (9:10-9:15)

PJM will ask for endorsement of:

B. PJM Manual 3: Transmission Operations — periodic review to update operating procedures.

C. Operating Agreement and Manual 6: Financial Transmission Rights — The first round of recommended rule changes for the RTO’s financial transmission rights market in the wake of the GreenHat Energy default include updated sections reflect additional rounds of the long-term auction and monthly-only balance of planning period auction. (See “FTR Market Rule Changes,” PJM MRC Briefs: Oct. 31, 2019.)

D. Manual 13: Emergency Operations — revisions to incorporate 2020 day-ahead scheduling reserve requirement.

E. Manual 15: Cost Development Guidelines — revisions that clarify that market sellers can only change the format of maintenance adders ($/MMBtu, $/MWh or $/start) during the annual review period for energy offer components. (See “Manual 15 Clarifications on VOM Costs,” PJM MIC Briefs: Nov. 13, 2019.)

F. Manual 18: PJM Capacity Market — revisions that implement the new must-offer exception process approved by FERC to PJM Gens: Use or Lose Capacity Rights.)

G. PJM Manual 19: Load Forecasting & Analysis — a periodic review and documentation of the long-term load forecast.

H. OA revisions that clarify the requirements for sharing forecasted unit commitment data to transmission owners for reliability studies.

1. Transmission Asset End of Life Problem Statement and Issue Charge (9:15-9:45)

Stakeholders will decide whether to formally discuss how incumbent TOs make asset management decisions and whether those projects should stay outside of the regional planning process.

American Municipal Power and Old Dominion Electric Cooperative proposed a problem statement and issue charge at the October MRC meeting that would create a special session of the MRC to discuss what criteria TOs should observe before determining their infrastructure has reached the end of its life and whether those determinants could be — or should be — standardized across all zones. (See “Stakeholders Mull Tx Asset Management Discussion,” PJM MRC Briefs: Oct. 31, 2019.)

2. Opportunity Cost Calculator (9:45-10:05)

The MRC will decide between two packages to update PJM’s opportunity cost calculator.

The main motion from Dominion Energy and Panda Power Funds would make what the sponsors called “modest improvements” to the calculator and include Manual 15 revisions so that it more closely resembles the Independent Market Monitor’s calculator that most stakeholders prefer using. Just under 84% of stakeholders at the Market Implementation Committee voted in favor of the new package in September. PJM’s package — which maintains the status quo but also makes minor clarifications in Manual 15 — received endorsement from 51% of the MIC and will also receive MRC consideration if the main motion fails to gain a two-thirds, sector-weighted plurality. (See “Opportunity Cost Calculator,” PJM MIC Briefs: Sept. 11, 2019.)

3. Governing Document Enhancement and Clarifications Updates (10:05-10:20)

The MRC will vote on non-substantive changes to the Tariff, OA and Reliability Assurance Agreement that standardize cross references in all three documents.

4. Manual 03A Revisions (10:20-10:30)

The revisions to Manual 03A: Energy Management System Model Updates and Quality Assurance stem from a cover-to-cover periodic review and is phase one of an effort to update, reorganize and streamline the manual’s content.

Section 2 was redesigned to reflect PJM’s overall modeling philosophy. The RTO added sections on the following:

Section 2.2.1: Internal World Modeling Philosophy (BES Facility Modeling, Sub-transmission Modeling);

Section 2.2.2: Sub-transmission Modeling Criterion and Responsibilities;

Section 2.2.3: PJM External World Modeling (External World Modeling, Model Exchange and Extraction, Pseudo Tie Modeling, Pseudo Tie Eligibility, Pseudo Tie EMS Modeling);

Section 2.2.4: Naming and Modeling Standards; and

Section 2.2.5: Unique Device Consideration in the PJM Model.

Members Committee

1. Governing Document Enhancement and Clarifications Updates (1:25-1:40)

The same non-substantive changes to the Tariff, OA and RAA that standardize cross references in all three documents that will be up for a vote at the MRC earlier in the day.

2. Load Management Testing Governing Document Revisions (1:40-1:55)

The MC will vote on new load management and price-responsive demand testing rules for Capacity Performance resources after PJM said old measures failed to mimic real-life emergency procedures. (See PJM Stakeholders Support More Realistic DR Testing and “Stakeholders Urge Consensus on Load Management Testing Requirements,” PJM MRC/MC Briefs: Sept. 30, 2019.)

The MRC endorsed the new rules, effective with the 2023/24 delivery year, at its October meeting. (See “New Load Management Test Rules Endorsed,” PJM MRC Briefs: Oct. 31, 2019.) If approved, PJM would hold authority over scheduling tests — instead of the resource itself — and provide advanced notification so participants can prepare. The changes would implement a three-step system that gives resources first notice of an upcoming test one week prior to the two-week testing window, with additional alerts by 10 a.m. the day before and the day of the scheduled test. There will be one test per year when there is no event, with half of resources tested in winter and the other half in summer.

3. Elections (1:55-2:05)

The MC will elect its vice chair for 2020, members of the 2019-2020 Finance Committee and the 2020 sector whips.