PJM reviews Base Residual Auction deadlines at DR Subcommittee

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PJM reviewed load management deadlines for upcoming Base Residual Auction at the Demand Response Subcommittee’s March 27 meeting.  The 2021/2022 Base Residual Offer window will open May 10, 2018, and will close at 5 p.m. EPT on May 16.

RPM Pre-Registration Process (for existing available megawatts):

  • On April 3, PJM will supply curtailment service providers (CSP) with a list of registrations (in eRPM).
    • PJM will use the higher of 2017/2018 or 2018/2019 nominated installed capacity values.
  • By April 16, CSPs must confirm, in eRPM, the registrations they reasonably believe they’ll have under contract for the 2021/2022 delivery year.
    • These form the basis of their existing available megawatts to offer into the Base Residual Auction.

Additional deadlines:

  • April 18 – DR sell offer plans and officer certifications are due.
  • Demand response setup window opens April 24 and closes at 5 p.m. EPT on May 7.

PJM also reviewed the recent five-minute settlement compliance filing to the Federal Energy Regulation Commission on demand response energy settlements.

Continued stakeholder discussions:

  • There is consensus to move forward on the exception process for Capacity Performance winter peak load calculation when a facility has low load, indicative of a facility outage or scaled back operations. The Demand Response Subcommittee will focus on manual and tariff changes before sending them to the Market Implementation Committee for endorsement.
  • There is consensus to move forward on recent changes for seasonal demand response Capacity Performance registration aggregation – the DRS will focus on manual and tariff changes before sending to the Markets Implementation Committee for endorsement.
  • There was an update on DR Hub tool and Markets Gateway change to limit energy offers to DR Hub maximum load reduction amount.
  • There was a review of the non-interval metered customer experience with measurement and verification rules implemented in 2015.