Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on 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 Valley Forge, Pa., 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 14C: Generation & Transmission Interconnection Facility Construction. Revisions developed to clarify procedures.
3. Market Efficiency Process Enhancement Proposal (9:20-9:50)
Members will be asked to endorse the market efficiency phase 1 proposal developed at the Market Efficiency Process Enhancement Task Force (MEPETF), along with the associated revisions to the Operating Agreement and Manual 14B: PJM Region Transmission Planning Process. The changes would exclude from the base case those units with facility study agreements (FSAs) and suspended interconnection service agreements and their associated network upgrades at the time of the case build, unless they are needed for reliability. (See “Market Efficiency,” PJM PC/TEAC Briefs: July 12, 2018.)
Members also will be asked to endorse revisions to Manual 14F: Competitive Planning Process adding language identifying eligible congestion drivers and clarifying language regarding benefit/cost analyses. (See “Manual 14F Changes,” PJM PC/TEAC Briefs: Aug. 9, 2018.)
4. Order 1000 Transmission Project Cost Containment Provisions (9:50-10:20)
Members will be asked to endorse a proposal to extend by one year the implementation deadlines for the cost containment comparative framework for competitive transmission projects. The proposal is being offered by the proponents of the cost-containment proposal that the MRC endorsed in May. (See Cost Containment Clears MC Vote Despite PJM Plea.)
5. FTR Liquidation Process (10:20-11)
Members will be asked to endorse a proposed problem statement and issue charge related to PJM’s problems with liquidating a large financial transmission rights portfolio on which GreenHat Energy defaulted. Members will also receive an update on alternatives for handling the liquidation.
If the problem statement and issue charge are approved, stakeholders plan to seek a vote on a motion to request that PJM ask FERC for permission to discontinue liquidating any positions in the defaulted portfolio through Nov. 30. The motion is intended to give stakeholders time to develop new liquidation rules for submission to FERC. (See PJM Reeling from Major FTR Default.)
6. Transmission Replacement Process (11-11:40)
Members will be asked to endorse a proposal from American Municipal Power for ensuring that PJM’s planning process for facilities at the end of their life are transparent and consistent and give stakeholders an opportunity for input under FERC Order 890. The proposal will require changes only to Manual 14B. Stakeholders will also hear PJM’s perspective. (See PJM Stakeholders End Tx Replacement Task Force.)
Members Committee
1. FTR Liquidation Process (1:15-1:30)
Members will be asked to approve a motion requesting that PJM ask FERC for permission to discontinue liquidating positions in GreenHat Energy’s defaulted FTR portfolio through Nov. 30. (See MRC item 5 above.)
— Rory D. Sweeney
