PJM will seek stakeholder approval this month for contingency plans to respond to an Internet outage that forces the RTO to suspend the day-ahead market.
PJM has no procedures for dealing with an Internet outage that could prevent the RTO from receiving participant data needed to solve the day-ahead market. Under the proposed tariff changes outlined to the Markets and Reliability Committee Thursday, all market settlements would be done in real time.
The procedure requires changes to sections 1.10.8 and 1.10.9 of the Open Access Transmission Tariff, including clarification that the rebid period will be from 4 p.m. to 6 p.m. but may be revised by PJM if the clearing of the day-ahead energy market is significantly delayed.
The MRC will vote on the changes June 27. (See “PJM Working on Contingency Plan for Loss of Internet.”)