A plan to handle natural gas pipeline problems in PJM system operations in the event of infrastructure failure will go to the Dec. 7 Markets and Reliability Committee for a first read.
“We’re looking to fully understand the redundancies of gas pipelines,” Souder said.
The effort aims to define gas infrastructure redundancy criteria, refine gas-unit exposure time and define operating procedures to include triggers, as well as thermal, voltage and reserve requirements. With that information, PJM has engaged stakeholders in defining a new process that will be reflected in PJM manuals.
Another item headed for a first read at next week’s MRC meeting is a recommendation from the Capacity Construct/Public Policy Senior Task Force.
IMM Joe Bowring delivered his report. From January to September, the real-time, load-weighted locational marginal price was $30.36, he said. That’s low compared with 1999 ($38.65). Adjusted for inflation, it’s even lower, at $20.05 in 2017, compared with an adjusted $37.55.
The Webinar also included an interregional coordination update. Phil D’Antonio, manager – Interregional Market Operations, noted that the PJM Board will consider five targeted market efficiency projects at its December meeting. They carry a capital cost of $17 million and are expected to yield a benefit of $100 million over four years.
On the separate topic of pseudo-ties, D’Antonio said that a website, available by the end of the year, will serve as a “one-stop shop” for external capacity filings.
Scott Heffentrager, senior director – Physical Security, BCP and Facility Services, reported on PJM participation in GridEx IV, the Nov. 15–16 national grid security exercise organized by the North American Electric Reliability Corporation. He said in the exercise the PJM footprint was resilient against simulated operational physical and cyber attacks in which extra-high-voltage assets were simulated to be lost.
In a report from the stakeholder process forum, Dave Anders, director – Stakeholder Affairs, said WebEx sign-in practices will be tweaked in coming months in the interest of Manual 34’s Code of Conduct, which enables stakeholders to know who is participating in discussions.
“We will be dropping people who don’t use at least an identifiable last name,” he said.
However, this will not affect audio or web access to meetings.
Also on the agenda were the following items:
- Net energy injections, quarterly report
- Market operations
- System operations
- 3Q17 financial reports
- Recent regulatory activities
Stakeholder Group Reports