Manual 11: Energy & Ancillary Services Market Operations Revision History

Transcription

1 2.3.4 Minimum Generatr Operating Parameters Parameter Limited Schedules Belw is the list f business rules t require units t submit schedules that meet minimum accepted parameters. Market Sellers are required t submit, per Sectin f this Manual, as fllws: (1) at least ne cst-based schedule that is parameter limited, (2) ne price-based schedule, and (3) ne price-based parameter limited schedule. Generatin Capacity Resurces shall be cmmitted n these schedules under the fllwing circumstances: Fr the 2014/2015 thrugh 2017/2018 Delivery Years, in the event that PJM: (i) declares a Maximum Generatin Emergency; (ii) issues a Maximum Generatin Emergency Alert; r (iii) schedules units based n the anticipatin f a Maximum Generatin Emergency r a Maximum Generatin Emergency Alert fr all r any part f such Operating Day, generatin resurces will be cmmitted n the mre ecnmic schedule f their price based parameter-limited schedule and price based schedule. Fr Capacity Perfrmance Resurces, in the event that PJM: (i) declares a Maximum Generatin Emergency; (ii) issues a Maximum Generatin Emergency Alert, Ht Weather Alert, Cld Weather Alert; r (iii) schedules units based n the anticipatin f a Maximum Generatin Emergency, Maximum Generatin Emergency Alert, Ht Weather Alert r Cld Weather Alert fr all r any part f such Operating Day; generatin resurces will be cmmitted n the mre ecnmic schedule f their price based parameter limited schedule and price based schedule. Fr Base Capacity Resurces, in the event that PJM: (i) declares a Maximum Generatin Emergency; (ii) issues a Maximum Generatin Emergency Alert, Ht Weather Alert during ht weather peratins; r (iii) schedules units based n the anticipatin f a Maximum Generatin Emergency, Maximum Generatin Emergency Alert, Ht Weather Alert during ht weather peratins fr all r any part f such Operating Day; generatin resurces will be cmmitted n the mre ecnmic schedule f their price based parameter limited schedule and price based schedule. If a Market Seller fails the three pivtal supplier test in the Energy Markets, the Seller s resurces will be cmmitted n the schedule with the least cst amng the cst-based schedule, price-based schedule and price-based parameter limited schedule. Fr the 2014/2015 thrugh 2017/2018 Delivery Years, PJM will define a list f minimum acceptable perating parameters fr Generatin Capacity Resurces ther than Capacity Perfrmance Resurces, and fr the 2018/2019 Delivery Year fr generatin resurces f FRR Entities nt cmmitted as Base Capacity Resurces r Capacity Perfrmance Resurces, based n an analysis f histrically submitted ffers, fr each unit class fr the fllwing parameters: Turn Dwn Rati Minimum Dwn Time Minimum Run Time Maximum Daily Starts Maximum Weekly Starts

2 Turn Dwn Rati is defined as the rati f ecnmic maximum MW t ecnmic minimum MW. Fr the 2016/2017 and subsequent Delivery Years fr Capacity Perfrmance Resurces, and fr the 2018/2019 and 2019/2020 Delivery Years fr Base Capacity Resurces, the list f minimum acceptable parameters will cnsist f the fllwing parameters: Turn Dwn Rati Minimum Dwn Time Minimum Run Time Maximum Daily Starts Maximum Weekly Starts Maximum Run Time Start Up Time Ntificatin Time Fr the Delivery Years up t an including f the 2017/2018 Delivery Year, the limits set frth in the Parameter Limited Schedule Matrix shall apply t Generatin Capacity Resurces, ther than Capacity Perfrmance Resurces, and fr the 2018/2019 Delivery Year fr generatin resurces f FRR Entities nt cmmitted as Capacity Perfrmance Resurces r Base Capacity Resurces, unless the generatin resurce is perating pursuant t an exceptin frm the default values due t physical peratinal limitatins that prevent the resurce frm meeting the minimum parameters. The Parameter Limited Schedule Matrix is fund in Sectin 6.6(c) f Attachment K-Appendix f the Tariff and the parallel prvisin f Schedule 1 f the Operating Agreement fund at: Fr the 2018/2019 and 2019/2020 Delivery Years fr Base Capacity Resurces, and the 2016/2017 Delivery Year and subsequent Delivery Years fr Capacity Perfrmance Resurces, PJM will determine fr each such resurce its unit-specific parameter limits based n the perating design characteristics and ther cnstraints f that resurce. The resurce s unit-specific parameter limits will apply fr that resurce unless it is perating pursuant t an exceptin frm thse limits under sectin 6.6(h) f Attachment K- Appendix f the Tariff and the parallel prvisin f Schedule 1 f the Operating Agreement due t peratinal limitatins that prevent it frm meeting the minimum resurce parameters. Market Sellers that d nt believe their individual resurces can meet the unit-specific parameter limits determined by PJM due t actual perating cnstraints, can request that PJM establish adjusted unit-specific parameter limits fr thse resurces. The Market Seller may request adjusted unit-specific parameter limits by prviding all the necessary data, infrmatin and dcumentatin t PJM in rder t justify and supprt the adjusted unit-specific parameter limits at unitspecificpls@pjm.cm by n later than the February 28 immediately preceding the first Delivery Year fr which the adjusted unit-specific parameter limits are requested t cmmence, and prvide technical infrmatin abut the peratinal limits that supprt the requested adjustment. PJM shall

3 ntify the Market Seller if its request was apprved r denied by n later than April 15. The effective date f the requested parameter shall be n earlier than June 1 f the first applicable Delivery Year. PJM will cnsult with the Market Mnitring Unit and cnsider any input received in its determinatin f a resurce s unit-specific parameter limits. Once PJM has made a determinatin f the unit-specific parameter limited schedule values fr a Generatin Capacity Resurce, thse values will remain applicable t the resurce until such time as the Office f the Intercnnectin determines that a change is needed based n changed peratinal capabilities f the resurce. The peratinal limitatins that supprt adjusted unit-specific parameter limits shall be (a) physical peratinal limitatin based n perating design characteristics f the resurce, r (b) ther actual physical cnstraints that are nt based n the characteristics f the resurce, including cntractual limitatins. Fr a cntractual limit t be cnsidered a physical cnstraint which the Market Seller shuld be permitted t reflect in its unit-specific parameter limits fr the resurce, and nt an ecnmic cnstraint which shuld nt be taken int cnsideratin in the determinatin f the unitspecific parameter limits fr that resurce, the cntractual limit must be based n a natural gas pipeline transprtatin cntract that is fr the best available service ffered by the pipeline and available t the Market Seller rather than a lwer cst ptin that prvides less flexible service. Fr example, if a pipeline ffers hurly nminatins and/r n ntice service, the resurce s peratinal parameters will be based n thse mre flexible services that are available even if a less flexible service is prcured. Only actual physical peratinal limitatins, fuel cntractual cnstraints, envirnmental limitatins and ther actual cnstraints n a resurce will be cnsidered fr adjustment requests. The fllwing list is nt an exhaustive list, but prvides examples f the types f infrmatin and dcumentatin PJM wuld request t supprt adjusted unit-specific parameter limits requests: Start Up Time adjustments OEM (Original Equipment Manufacturer) backup dcumentatin, cntrl rm data, startup/lading curves and a detailed start-up sequence listing the required steps alng with the time required t perfrm each step. Maximum Daily/Weekly Starts adjustments OEM backup dcumentatin and/r detailed start-up and shutdwn sequences that shw why the default start parameters cannt be physically met. Minimum Run Time adjustments OEM backup dcumentatin fr physical unit cnstraints that requires the unit t be perated fr the requested time perid. Minimum Dwn Time adjustments - OEM backup dcumentatin and a detailed shut dwn sequence listing the required steps t bring the unit int a ready fr startup cnditin alng with the time required t perfrm each step. Ntificatin Time Adjustment A detailed sequence f events f the tasks required prir t startup alng with the time required t perfrm each step. In additin gas pipeline cntracts may be submitted fr review. Turn Dwn Rati Adjustments Requests fr adjustments t this parameter based n physical equipment limitatins shuld include OEM backup dcumentatin describing

4 the equipment limitatin. Requests fr adjustments t this parameter based n emissins permit limitatins and related cncerns will require inclusin f the applicable Air Permit as well as emissins data fr justificatin.there are three different types f exceptins t the Parameter Limited Schedule Matrix default values: Temprary Exceptin is a ne-time exceptin lasting fr 30 days r less during the twelve mnth perid frm June 1 t May 31. Perid Exceptin is an exceptin lasting fr at least 31 days but n mre than ne year during the twelve mnth perid frm June 1 t May 31. Persistent Exceptin is an exceptin lasting fr at least ne year. Fr the Delivery Years up t and including the 2018/2019 Delivery Year, the MMU shall review the Parameter Limited Schedule Matrix, included in Sectin 6.6(c) f Attachment K-Appendix f the Tariff and the parallel prvisin f Schedule 1 f the Operating Agreement, annually, and, in the event it determines that revisin is apprpriate, shall prvide a revised matrix t PJM by n later than December 31 that ccurs immediately prir t the cmmencement f the applicable Delivery Year. Pursuant t sectin II.B f Attachment M Appendix f the Tariff, perid and persistent exceptin requests must send t Parameters.Exceptins@pjm.cm by n later than February 28 immediately preceding the twelve mnth perid frm June 1 t May 31 during which the exceptin is requested t cmmence. All market sellers that wish t submit a Parameter-Limited Schedule fr units with physical peratinal limitatins that prevent the units frm meeting the minimum parameters may submit a request fr an exceptin via Markets Gateway fr evaluatin. Each market seller seeking an exceptin must supply the required histrical unit perating data in supprt f the perid r persistent exceptin and if the exceptin requested is based n new physical peratinal limits fr the resurce fr which histrical perating data is unavailable, the generatin resurce may als submit technical infrmatin abut the physical peratinal limits fr perid exceptins f the resurce t supprt the requested parameters. Physical peratinal limitatins fr perid r persistent exceptins may include but are nt limited t, metallurgical restrictins due t age and lng term degradatin; physical design mdificatins; perating permit limitatins; perating limits impsed by federal, state r lcal regulatry requirements r insurance carrier requirements; cnsent decrees; manufacturer technical bulletins; r envirnmental permit limitatins under nnemergency cnditins. Each market seller requesting a perid r persistent exceptin based n new physical peratinal limitatins fr a unit may submit the technical infrmatin, required due t the unavailability f histrical perating data, supprting the requested parameters, which must be based n the definitin f physical peratinal limitatins fr perid r persistent exceptins f the unit. Each temprary, perid r persistent exceptin request will indicate the expected duratin f the requested exceptin including the date n which the requested exceptin perid will end. If physical cnditins at the unit change such that the exceptin is n lnger required, the market seller is bligated t infrm PJM and the MMU and the exceptin will be reviewed t determine if the exceptin cntinues t be apprpriate. If a request fr a perid r persistent exceptin is received by February 28, the MMU will review the exceptin and prvide the Market Seller and PJM with a determinatin in writing whether the request raises market pwer cncerns by April 1, and PJM shall prvide its determinatin whether the request is apprved r denied by n later than

5 April 15. Shuld PJM require additinal technical expertise in rder t evaluate the exceptin request, PJM will engage the services f a cnsultant with the required expertise.a generatin resurce shall ntify the MMU and PJM when the temprary exceptin cmmences and terminates and prvide t the MMU and PJM within three days fllwing such cmmencement dcumentatin explaining in detail the reasns fr the temprary exceptin, that includes: Unit Name Parameter Limit Requested Reasn fr Temprary Exceptin Request edart ticket Justificatin fr Temprary Exceptin Request, including required unit perating data in supprt f the exceptin Date n which the exceptin perid will end. Market Seller can cmmunicate the resurce s current peratinal capabilities t PJM befre and after Day-ahead Energy Market clses thrugh Real Time Value functins n Markets Gateway. Real Time Values shuld be utilized when a resurce cannt perate accrding t the unit specific parameters (Capacity Perfrmance and Base Capacity resurces), default Parameter Limited Schedules (nn-capacity Perfrmance resurces), r apprved Parameter Limit exceptins. The Real Time Values cnsist f the fllwing values: Turn Dwn Rati Minimum Dwn Time Minimum Run Time Maximum Run Time Start Up Time Ntificatin Time If PJM des nt receive a cmplete exceptin request, and the unit did nt clear in the Day-ahead Energy Market, the unit schedule will returned t its previus parameter limits. Physical peratinal limitatins fr temprary exceptins may include, but are nt limited t, shrt term equipment failures, shrt term fuel quality prblems such as excessive misture in cal fired units, r envirnmental permit limitatins under nn-emergency cnditins. Market Sellers may use exceptins t reflect physical peratinal limitatins (e.g., peratinal flw rders) n natural gas pipelines and lcal natural gas distributin cmpanies (LDC). These exceptins will be reviewed by PJM and the MMU and apprved by PJM, in accrdance with the applicable prvisins f the Tariff and Operating Agreement. Frmatted: PJM_Bulleted_Outline_1 Frmatted: Fnt clr: Aut Frmatted: Fnt clr: Aut

6 In additin, physical peratinal limitatins fr temprary exceptins may include any physical peratinal limitatin fr perid exceptins that arises during the annual perid frm June 1 t May 31 t which perid exceptins apply. Fr steam units, regardless f fuel type, the average histrical values fr any f the parameters as ffered by the wners fr the calendar year 2006 may be used in place f the values in the parameter-limited schedule matrix. Fr steam units, regardless f fuel type, the histrical averages are calculated frm the market based ffers fr market based units and frm cst-based ffers fr units that made nly cst-based ffers. Fr cmbined cycle units: If the 2006 average histrical market-based ffer parameters are within the limits in the parameter matrix, the unit will be limited t that 2006 histrical average. If nt then ii) applies; If the unit was ffered with market-based ffer parameters fr 10% r mre f the days (36 days minimum) at a level at r mre flexible than parameters in matrix, the unit will be limited at that level. If nt the iii) applies If the 2006 average histrical market based ffer parameters exceed the limits in the matrix (less flexible than the parameters in the matrix) then the unit will be limited t the level at which the market-based parameter was bid t the mst flexible level fr 10% r mre f the days (36 days minimum) at that level. If physical cnditins at the unit change such that the exceptin is n lnger required, the market seller is bligated t infrm PJM and the MMU and the exceptin will be terminated. Market sellers may indicate t PJM and the MMU thse units with the ability t perate n multiple fuels. Multiple-fuel units may submit a parameter-limited schedule assciated with each fuel type. All Parameter-Limited Schedules must be submitted via emkt seven days prir t the beginning f each perid beginning June 1. Any exceptins required fr any f the parameter-limited schedules submitted fr multiple-fuel units will be required t be submitted and apprved via the exceptin prcess, by the applicable deadlines. Nuclear Units are excluded frm eligibility fr Operating Reserve payments except in cases where PJM requests that nuclear units reduces utput at PJM s directin r where a physical prblem at a nuclear unit requires a risk premium and that risk premium is submitted t and accepted by the MMU. Other specific circumstances will be evaluated n a case-by-case basis by PJM and the MMU. Market Sellers shall ntify in writing the MMU and the PJM f a material change t the facts relied upn by the MMU and/r the PJM t supprt a temprary, perid r persistent exceptin. MMU will prvide written ntice f any change t its determinatin regarding the exceptin request within 15 days f receipt f such ntice t PJM and the Market Seller. PJM will ntify the Market Seller and MMU in writing, by n later than 20 days after receipt f the Market Seller s ntice, whether it is revking r cnfirming its apprval f the exceptin request. If PJM determines that its apprval f the exceptin shuld be revked r terminated, (1) fr Generatin Capacity Resurces that are nt Base Capacity Resurces r Capacity

7 Perfrmance Resurces the default values specified in the Parameter Limited Schedule Matrix shall apply, (2) fr Base Capacity Resurces and Capacity Perfrmance Resurces withut apprved adjusted unit-specific values, the unit-specific values determined by PJM shall apply, and (3) fr Base Capacity Resurces and Capacity Perfrmance Resurces with apprved adjusted unit-specific values, the adjusted unitspecific values shall apply. PJM shall ntify the market seller 3 business days befre such revkatin A External Bilateral and Up-t Cngestin Transactins The fllwing business rules apply t Transmissin Custmers: Transmissin custmers may submit external bilateral transactin schedules and may indicate willingness t pay cngestin charges int either the Day-ahead Market r balancing market. In the Day-ahead Market, a transactin shall indicate willingness t pay cngestin charges by submitting the transactin as an up t cngestin bid. Up t cngestin bids shall be n greater than $50/MWh, and n less than -$50/MWh. Any up t cngestin transactin that bids higher than $50/MWh r less than -$50/MWh will be rejected. PJM will maintain an up-t date list f surce/sink cmbinatins that will be available fr Up t cngestin bidding n the PJM OASIS. Internal bilateral transactins may be designated as day-ahead r balancing market in PJM InSchedule. Up-t cngestin bids, increment ffers, and decrement bids shall be supprted in the Day-ahead Market nly. Up t cngestin bids are cleared based n the ttal LMP price difference between the surce and the sink. PJM may require that a market participant shall nt submit in excess f 3000 up t cngestin transactins in the Day-ahead Energy Market, when PJM determines that such limit is required t avid r mitigate significant system perfrmance prblems related t the vlume f transactins.