December 23, 2024
PJM MRC Preview: May 30, 2019
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on May 30, along with readings and discussion issues.

Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on Thursday, along with highlights of first readings and discussion issues. 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.

Consent Agenda (9:15-9:25)

B. Endorse proposed revisions to Manual 01: Control Center and Data Exchange Requirements as a part of the cover-to-cover review.

C. Endorse proposed revisions to Manual 03: Transmission Operations as a part of a cover-to-cover review.

D. Endorse proposed revisions to Manual 07: PJM Protection Standards to update applicability references and an Institute of Electrical and Electronics Engineers standard reference.

E. Endorse proposed revisions to Manual 11: Energy & Ancillary Services Market Operations and Manual 13: Emergency Operations to clarify the impact of operationalizing gas contingencies on reserve requirements and reserve market eligibility.

F. Endorse proposed revisions to Manual 13: Emergency Operations as part of a cover-to-cover review.

G. Endorse proposed revisions to Manual 36: System Restoration as a part of a cover-to-cover review.

1. Fuel Security Senior Task Force Charter

Stakeholders will get a first look at the charter for the newly formed Fuel Security Senior Task Force, two months after a lengthy debate over whether the discussion was even necessary. (See PJM Stakeholders Reluctantly OK ‘Fuel Security’ Initiative.)

The draft charter fleshes out the details of the compromise problem statement and issue charge stakeholders spent more than two hours haggling over at the March MRC meeting, including an open-ended timeline that doesn’t commit stakeholders to action by the end of the year. PJM will seek endorsement at the June MRC meeting.

4. FERC Order Related to Hourly Cost Offers

PJM will present an update on fuel cost policies after FERC accepted the RTO’s March compliance filing that clarifies:

  • Clearly specifying when a penalty for noncompliance with a fuel-cost policy would be terminated by PJM.
  • Allowing a new resource a 90-day time period before it submits its fuel-cost policy.
  • Specifying that a market seller may only update its minimum run time for the uncommitted hours in real time and that a market seller’s make-whole payment be based on the minimum run time specified at the time of commitment.

FERC also reaffirmed the Independent Market Monitor’s right to oppose PJM filings on issues beyond market seller offers in capacity auctions (ER16-372). (See FERC Upholds PJM Monitor’s Right to Protest Fuel-cost Policies.)

– Christen Smith

PJM Markets and Reliability Committee (MRC)

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