Below is a summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings Wednesday. 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.
Markets and Reliability Committee
Consent Agenda (9:05-9:10)
B. Endorse proposed revisions to Manual 01: Control Center and Data Exchange Requirements that would specify that entities may have multi-layered communication methods and are required to notify PJM of a failure only if all modes have failed and only alternates remain. The revisions arose from the manual’s periodic review. (See “Stakeholders Endorse Manual Revisions Related to Communication Failures,” PJM OC Briefs: Sept. 7, 2023.)
C. Endorse proposed revisions to Manual 12: Balancing Operations that aim to clarify that reserve resources should respond to a synchronized reserve deployment when they receive notification through any of the existing Energy Management System datalinks. (See “Stakeholders Endorse Quick Fix on Synchronized Reserve Dispatch,” PJM OC Briefs: Sept. 7, 2023.)
D. Endorse proposed revisions to Manual 28: Operating Agreement Accounting adding clarifying language, grammatical updates and removing terminated business rules.
Endorsements (9:10-10:30)
1. Enhancements to Deactivation Rules Issue Charge (9:10-9:45)
PJM’s Chris Pilong will review a problem statement and proposed issue charge that address possible enhancements that can be made to deactivation rules. The problem statement lays out concerns PJM has identified with how compensation is determined under reliability-must-run contracts and the timeline for when generation owners must notify PJM of their intent to retire a unit. (See “Stakeholders Defer Vote on Generation Deactivation Issue Charge,” PJM MRC Briefs: Aug. 24, 2023.)
The committee will be asked to endorse the proposed issue charge.
2. Reserve Certainty Issue Charge (9:45-10:30)
PJM’s Donnie Bielak will review a problem statement and proposed issue charge that would create a new senior task force to explore reworking several areas of the reserve markets, including performance and penalties, aligning offers with resource capability and fuel procurement and reserve procurement targets. (See “PJM Provides First Read on Reserve Certainty Issue Charge,” PJM MRC Briefs: Aug. 24, 2023.)
Independent Market Monitor Joseph Bowring and Deputy Monitor Catherine Tyler will review an alternative version of the issue charge, in which the Monitor has removed several key work areas and added specificity to others.
The committee will be asked to endorse one of the proposed issue charges.
Members Committee
Consent Agenda (1:20-1:25)
C. Endorse a proposal, with corresponding tariff revisions, addressing the amount of credit market participants must maintain to satisfy their peak market activity requirement. (See “Peak Market Activity Credit Changes Endorsed,” PJM MRC Briefs: Aug. 24, 2023.)
Issue Tracking: Peak Market Activity Credit Requirement
Endorsements (1:25-1:35)
1. Nominating Committee Elections (1:25-1:35)
PJM’s Dave Anders will review the sector nominees under consideration for election to the 2023-24 Nominating Committee. The committee will be asked to elect the sector representatives upon first read.
