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. 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. See next week’s newsletter for a full report. 

Markets and Reliability Committee

Consent Agenda (9:05-9:10)

B. Endorse proposed revisions to Manual 18: PJM Capacity Market to reflect redesigns drafted through the Critical Issue Fast Path (CIFP) process and approved by the commission in January (ER24-99). The changes expand the use of effective load-carrying capability in the accreditation of all generation classes, require that planned resources notify PJM of their intent to participation in auctions at least 90 days in advance and change how unforced capacity (UCAP) values are calculated. (See “Stakeholders Endorse Manual Revisions to Implement CIFP Changes to Capacity Market,” PJM MIC Briefs: May 1, 2024.)

Issue Tracking: CIFP Resource Adequacy 

Issue Tracking: Local Considerations for Net Cost of New Entry

C. Endorse proposed revisions to Manuals 14B: PJM Region Transmission Planning Process; 20: PJM Resource Adequacy Analysis; 20A: Resource Adequacy Analysis; 21: Rules and Procedures for Determination of Generating Capability; 21A: Determination of Accredited UCAP Using Effective Load Carrying Capability Analysis; and 21B: Rules and Procedures for Determination of Generating Capability drafted through the CIFP process and accepted by the commission in ER24-99. The new language details PJM’s new approach to risk modeling, how it simulates resource outputs and the definition of the capacity emergency transfer objective (CETO). (See “CIFP Manual Revisions Endorsed,” PJM PC/TEAC Briefs: June 4, 2024.)

Issue Tracking: CIFP Resource Adequacy 

Members Committee

Consent Agenda (1:50-1:55)

B. Endorse proposed tariff and Reliability Assurance Agreement (RAA) revisions addressing how capacity obligations arising from forecasted large load adjustments are assigned. (See “New Approach to Large Load Addition Capacity Assignments Endorsed,” PJM MRC Briefs: May 22, 2024.)

Issue Tracking: Capacity Obligations for Forecasted Large Load Adjustments 

Endorsements (1:55-2:05)

1. Nominating Committee Elections (1:55-2:05)

PJM Director of Stakeholder Affairs Dave Anders will review the sector nominees for the Nominating Committee’s 2024/25 term. 

The committee will be asked to elect the sector representatives upon first read.