Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees 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 Wilmington covering the discussions and votes. See next Tuesday’s newsletter for a full report.
Markets and Reliability Committee
2. PJM Manuals (9:10-9:20)
Members will be asked to endorse the following manual change:
A. Manual 14D: Generator Operational Requirements — Changes made to comply with a recent advisory from the North American Electric Reliability Corp. on generator governor frequency response.
3. ENERGY MARKET UPLIFT SENIOR TASK FORCE (9:20-9:40)
Members will be asked to approve revisions to rules developed by the Energy Market Uplift Senior Task Force regarding treatment of combustion turbine lost opportunity costs. Under the proposal, units with start-up and notification times of no more than two hours and minimum run times of two hours would be paid lost opportunity costs if they are not dispatched. Resources with real-time start-up and notification times or minimum run times of more than two hours will not receive lost opportunity payments unless PJM bars them from running in real time to avoid transmission overloads.
SPP said its integrated marketplace resulted in production cost savings in each of the last 12 months. (See “PJM: New Rule on Lost Opportunity Costs Would Exclude 1/5 CTs” in Operating Committee Briefs, April 14.)
4. RESIDENTIAL DR MEASUREMENT AND VERIFICATION (9:40-9:50)
Members will be asked to approve Tariff and manual revisions regarding residential demand response measurement and verification, which PJM plans to file in late April. The changes, endorsed at the Jan. 22 Members Committee meeting, have been updated to include an additional delivery year. (See “Sampling to be used for Measuring Residential DR” in MRC/MC Briefs, Nov. 25.)
5. TARIFF HARMONIZATION SENIOR TASK FORCE (9:50-10)
Members will be asked to OK the draft charter of the group, formed to address inconsistencies and discrepancies in PJM’s governing documents. (See Task Force Proposed to Resolve Inconsistencies in PJM Governing Documents.)
6. GENERATOR OFFER FLEXIBILITY (10-10:15)
Members will be asked to endorse a problem statement and issue charge by Calpine seeking to allow more flexible market offers for physical generating resources. PJM is the only U.S. RTO that does not allow generators to vary their cost- or market-based offers hourly. This problem statement would consider allowing generators to revise their offers hourly to reflect changes in gas prices. (See PJM May Consider Hourly Pricing for Generators.)
7. REGIONAL PLANNING PROCESS SENIOR TASK FORCE (10:15-10:25)
On first reading, members will be asked to approve a recommendation directing the Planning Committee to develop guidelines for considering generation interconnection projects as drivers under the multi-driver transmission project approach. The committee also will be asked to place the task force on hiatus, available to be returned to operation if needed based on future rulings by the Federal Energy Regulatory Commission.
Members Committee
CONSENT AGENDA (12:05-12:10)
B. Members will be asked to approve proposed minor “non-substantial” provisions regarding financial transmission rights’ auction clearing deadlines and trading periods.
— Suzanne Herel