PJM. erpm Users Guide. December 4, Version PJM Interconnection

Transcription

1 PJM erpm Users Guide December 4, 2008 Version PJM Interconnection

2 erpm Users Guide Page i Disclaimer - The PJM erpm User Guide is intended to provide Market Participants and other interested parties with introductory information about the PJM Reliability Pricing Model. The User Guide is an instructional tool and it not intended to be a complete source of information about PJM s bidding and administrative processes. The PJM ISO provides no warranties of any kind with respect to the correctness of completeness of the information set forth in this Users Guide, and, therefore, bears no responsibility for any damages resulting from a Market Participant s reliance on any error or omission in this guide. The PJM erpm User Guide is not designed, nor is it intended to provide, advise, or guidance with respect to strategies for bidding into the PJM Reliability Pricing Model s Auctions. In no event will the PJM ISO or its agents, employees, or suppliers be liable under contract warranty, tort, or any other legal theory for any damages, including incidental, consequential, special, or indirect damages arising from or related to this User Guide or its contents. Revision History Revision 0 (03/15/07) Created for the implementation of the Reliability Pricing Model Revision 0.1 (03/21/07) Added Non Unit Specific Capacity Transactions and Resource Offer XML upload section Revision 0.2 (8/31/2007) Added Replacement Transaction, Ownership Change Transaction, FRR Section, and updated XML descriptions. Revision 0.3 (11/19/2007) Added Capacity Posting and Load Management Event Compliance screen descriptions Revision 0.4 (1/23/2008) Added Buy Bid Process for Incremental Auctions Revision 0.5 (3/6/2008) Added Buy Bid Position Report, Generator Characteristic Report, Updated Replacement Functionality to use Cleared Buy Bids Revision 0.6 (5/27/2008) Added Cleared Buy Bid Transfer Transaction description, Zone/Area Report description, and Peak Load Summary screen updates. Revision 0.7 (12/4/2008) Added EDC PLC Allocation Screen description and summary. PJM 2007 i

3 erpm Users Guide Page ii Table of Contents erpm Users Guide... 1 Disclaimer... i Revision History... i Table of Contents... ii List of Figures and Tables... iv Introduction... 5 What is the Reliability Pricing Model?... 5 What is the Purpose of the Reliability Pricing Model?... 5 Typical uses of erpm... 6 Interfacing with erpm... 6 Knowledge it s assumed you have... 7 PJM erpm Overview... 8 Overview... 8 PJM erpm Web Site... 9 erpm User Qualification... 9 Accessing PJM erpm Application PJM erpm Navigation Load and Obligation Peak Load Overview Task 1: View the Zonal Load and Obligation Task 2: View Daily Load and Obligation by LSE Task 3: View Uploaded Peak Load Summary Data Task 4: View Network Service Peak Load Data Task 5: View Capacity Transfer Right (CTR) Data Task 6: View RPM Zone/Areas Task 7: Update Zone Area Peak Load Allocation Resource Position Overview Task 1: View Resource Position Summary Task 2: View Resource Position Detail: Generation Resources Task 3: View Resource Position Detail: Demand Resources Task 4: View Resource Position Detail: ILR Resources Task 5: View Resource Position Detail: Buy Bid Position Task 6: View Generation Characteristics: Summer and Winter ICAP Rating Task 7: View FRR Capacity Plans PJM 2007 ii

4 erpm Users Guide Page iii Task 8: Update Existing FRR Resource Commitments Task 9: Create a New FRR Resource Commitment Task 10: Copy an Existing FRR Capacity Plan Transactions Transactions Overview Task 1: View Existing Transactions Task 2: Create a Capacity Modification (CAP MOD) Task 3: Create a Demand Resource Modification (DR MOD) Task 4: Create a Unit Specific Bilateral Transaction Task 5: Create a Non Unit Specific Transaction Task 6: Create a Unit Ownership Change Transaction Task 7: Create a Replacement Transaction Task 8: Create a Buy Bid Transfer Transaction Task 9: Create a Capacity Posting Task 8: View Capacity Postings Performance Performance Overview Task 1: View Peak Hour Period Availability Task 2: View Deficiency Summary Task 3: View Load Management Event Compliance Data Auctions Auctions Overview Task 1: Enter Resource Offers Task 2: Specify Flexible Self Schedule Parameters Task 3: View Auction Results: Resource Offers Task 4: View Participant Auction Results Task 5: Enter Capacity Buy Bids into an Incremental Auction Task 6: View Auction Results: Capacity Bid Results XML Uploads XML Overview Task 1: Create Resource Offer XML Document Task 2: Upload Resource Offer XML Document Task 3: Create Load Contributions and Network Service Load Upload XML Document 56 Task 4: Upload Load Contribution XML Document Common Errors: PJM 2007 iii

5 erpm Users Guide Page iv List of Figures and Tables Timing of the RPM Auctions... 6 PJM 2007 iv

6 Introduction The PJM erpm Users Guide provides Market Participants with the information needed to participate in the PJM Reliability Pricing Model (RPM) and Fixed Resource Requirement (FRR) Alternative programs. It describes the erpm auction software and the tasks that Market Participants can perform, as well as the expected system responses. What is the Reliability Pricing Model? The RPM includes a Base Residual Auction that is held during the month of May three (3) years prior to the start of the Delivery Year. After the Transition Period is completed, the RPM includes three Incremental Auctions for each Delivery Year. The RPM also includes a bilateral market that is facilitated through the erpm system. The Base Residual Auction (BRA) allows for the procurement of resource commitments to satisfy the region s unforced capacity obligation and allocates the cost of those commitments among the Load Serving Entities (LSEs) through a Locational Reliability Charge. Incremental Auctions allow for an incremental procurement of resource commitments to satisfy an increase in the region s unforced capacity obligation due to a load forecast increase or a decrease in the amount of committed resources due to a resource cancellation, delay, derating, EFORd increase, or decrease in the nominated value of a Planned Demand Resource. The cost of procurement is allocated to LSEs through a Locational Reliability Charge in the case of an increase in the region s unforced capacity obligation or to resource providers that caused additional resources to be procured. The bilateral market provides LSEs the opportunity to hedge against the Locational Reliability Charge determined through the BRA and Second Incremental Auction. The bilateral market also provides resource providers an opportunity to cover any auction commitment shortages What is the Purpose of the Reliability Pricing Model? The purpose of the RPM is to develop a long term pricing signal for capacity resources and LSE obligations that is consistent with the PJM Regional Transmission Expansion Planning Process (RTEPP). Version 1.0 PJM

7 erpm Users Guide Page 6 Timing of the RPM Auctions 3 Years 23 months 13 months 4 months June May Base Residual Auction EFORd Fixed Interruptible Load for Reliability (ILR) Delivery Year First Incremental Auction Second Incremental Auction Third Incremental Auction Ongoing Bilateral Market (shorter-term reconfiguration) Typical uses of erpm PJM erpm is the system that PJM is using to implement its Reliability Pricing Model and Fixed Resource Requirement programs. Market Participants can use the PJM erpm to: Manage capacity resources View Load and Obligation data View/Manage Company s resource position summary and resource details Participate in PJM RPM Auctions View/Manage Capacity Transactions Interfacing with erpm Market Participants have two primary methods of interacting with the PJM erpm. The methods are: Web based Interactions access is provided through a series of worldwide, web based interactive displays, which are accessible in the Internet. Further sections of this Users Guide describe the displays. PJM

8 erpm Users Guide Page 7 XML formatted File Exchange input and output files that are posted or downloaded, using the market user interface (MUI) or another participant created application. The XML Upload Section of this Users Guide describes how to use the MUI to perform these tasks. Knowledge it s assumed you have The PJM erpm Users Guide is written under the assumption that you: Understand PJM s Reliability Pricing Model market rules Understand PJM s Fixed Resource Requirement alternative market rules If you would like additional information about any of these topics, consider referencing the following information sources: PJM Manuals PJM Training Courses & Material PJM s Internet site ( PJM

9 erpm Users Guide Page 8 PJM erpm Overview Overview PJM erpm is designed to make it easy for you to participate in PJM s Reliability Pricing Model. Market Participants use PJM s erpm to submit capacity offers and bids, demand resource offers, transmission upgrade offers in the RPM Auctions, review their resulting resource position, create bilateral transactions, and view load obligations. PJM

10 erpm Users Guide Page 9 PJM erpm Web Site Market Participants interface with PJM erpm via the Market User Interface, or MUI. The PJM erpm application is integrated into PJM esuite environment which allows the user to access various PJM web based applications via a single username and password. The esuite environment is accessed via Internet facilities, using the following Web Browser: Microsoft Internet Explorer Version 5.5 or later erpm User Qualification To access erpm, Market Participants must have a valid esuite user account. Prior to accessing you must be a ʺqualifiedʹ erpm user. There are two types of erpm qualifications for registered esuite users: Read Only Read/Write You must identify the type of user you want to be at the time you register to become an erpm user. These qualifications can be set by an individual company s Company Account Manager (CAM). PJM

11 erpm Users Guide Page 10 These qualifications may be requested by the individual user by selecting the appropriate qualification on the User Change Form after the user logs into esuite. Accessing PJM erpm Application Navigate to the esuite Production URL: Select the erpm link using the navigation buttons on the left side of the esuite screen. Type in Username and Password. You must login as a qualified user of erpm. In addition to the production environment, a sandbox environment is available for participants to test transactions, etc. Note: User accounts need to be separately requested for the sandbox. Sandbox URL: PJM

12 erpm Users Guide Page 11 PJM erpm Navigation The Navigation Buttons on the lower left side of the erpm site provide links to the following pages within the erpm System: Load and Obligation Resource Position Transactions Performance Auctions Upload PJM

13 erpm Users Guide Page 12 Load and Obligation Peak Load Overview Task 1: View the Zonal Load and Obligation The Zonal Load and Obligation is displayed via this page for a selected Planning Year. The values will be populated as the Planning Year gets closer and the Base Residual and Incremental Auctions are cleared and posted. To view the Zonal Load and Obligation follow the steps below: Log into erpm Click on the Load and Obligation Navigation Button Click on the Peak Load Tab In order to refine the list of zones or zone/areas listed at the bottom of the screen, you may use the following filter criteria: Zone/Area drop down list contains the zone/area combinations that are modeled in RPM, as well as an All option that will display the Zonal Load & Obligation data for each Zone. The Daily Load & Obligation data for each Zone/Area you serve load or act as the EDC is displayed at the bottom of the screen. Date Select a date for which to view your UCAP Obligation Based on the filter criteria selected, a list of zones will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed: Zone an area within the PJM Region or such areas that may be combined as a result of mergers and acquisitions; or added as a result of the expansion of the boundaries of the PJM Region. A Zone will include any Non Zone Network Load located outside the PJM Region that is served from inside a particular Zone. Preliminary Zonal Peak Load Forecast displays the Annual PJM Load Forecast published in February prior to the Base Residual Auction by Zone. Base Zonal Weather Normalized Summer Peak displays the Zonal Weather Normalized Summer Peak value 4 years prior to the Delivery Year. Final Zonal Weather Normalized Summer Peak displays the Zonal Weather Normalized Summer Peak value 1 year prior to the Delivery Year Base Zonal RPM Scaling Factor is determined for each zone and is equal to the [(Preliminary Zonal Peak Load Forecast for the Delivery Year divided by the Zonal Weather Normalized Summer Peak for the summer four years prior to the Delivery Years) * ((RTO Unforced Capacity Obligation Satisfied in Base Residual Auction divided by the (RTO Preliminary Peak Load Forecast * the PJM

14 erpm Users Guide Page 13 Forecast Pool Requirement))]. Base Zonal RPM Scaling Factors are posted with the Base Residual Auction results. Base Zonal UCAP Obligation is determined for each zone and is equal to the (Zonal Weather Normalized Summer Peak for the summer four years prior to the Delivery Year * Base Zonal RPM Scaling Factor * the Forecast Pool Requirement) + Forecast Zonal ILR Obligation. Base Zonal Unforced Capacity Obligations are posted with the Base Residual Auction clearing results. 2 nd Incremental Auction Zonal UCAP Obligation is determined for each zone and is equal to the ((Zonal Weather Normalized Summer Peak for the summer four years prior to the Delivery Year adjusted + Zonal Peak Load Forecast Increase)* Base Zonal RPM Scaling Factor * the Forecast Pool Requirement) + Forecast Zonal ILR Obligation. 2 nd Incremental Auction Zonal UCAP Obligations are posted with the 2 nd Incremental Auction clearing results. Zonal Peak Load Forecast Increase is determined for each zone and is equal to the increase in Peak Load Forecast prior to the 2 nd Incremental Auction. Final Zonal UCAP Obligation is determined for each zone and is equal to the Base Zonal Unforced Capacity Obligation plus the RTO UCAP obligation satisfied in the 2 nd Incremental Auction * zone s percentage allocation of the obligation satisfied in the 2 nd Incremental Auction. The Final Zonal UCAP Obligations are posted with the 2 nd Incremental Auction Results. Final Zonal RPM Scaling Factor is determined for each zone and is equal to the Final Zonal UCAP Obligation divided by the (Forecast Pool Requirement * Zonal Weather Normalized Summer Peak for the Prior Year Summer). Final Zonal RPM Scaling Factors are used in determining an LSE s Daily UCAP Obligation and are posted by October 31 prior to the start of the Delivery Year. Final Zonal Peak Load Forecast displays the Annual PJM Load Forecast published by February 28 prior to its use in the 2 nd Incremental Auction by Zone Zonal Capacity Price the price ($/MW day) of UCAP in a Zone that an LSE that has not elected the FRR Alternative is obligated to pay for a Delivery Year. Task 2: View Daily Load and Obligation by LSE The Daily Load and Obligation for an LSE is displayed in erpm for 5 days from the selected date. The Daily Peak Load Obligation and UCAP Obligations are also visible to the user. To view the Daily Load and Obligation by LSE follow the steps below: Log into erpm Click on the Load and Obligation Navigation Button Click on the Peak Load Tab PJM

15 erpm Users Guide Page 14 In order to refine the list of zones listed at the bottom of the screen, you may use the following filter criteria: Zone/Area drop down list contains the zone/area combinations that are modeled in RPM Date Select a date in which you would like to see your Peak Load Contribution Based on the filter criteria selected, a list of zone/areas will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed for 5 consecutive days based on the selected date: LSE list includes all LSEs that the logged in user in entitled to view the Peak Load Contribution Zone/Area displays the Zone/Area combination for that LSE for which the Peak Load Contribution is displayed Obligation Peak Load Peak load obligation in MW Daily UCAP Obligation Obligation in UCAP terms. Is equal to the Peak Load Obligation * Final Zonal RPM Scaling Factor * Forecast Pool Requirement Note: Obligation data is subject to change until 36 hours prior to the start of the operating day. Task 3: View Uploaded Peak Load Summary Data EDCs are responsible for uploading Obligation Peak Load data into erpm for every LSE serving load in their retail choice zone/areas during the Delivery Year. The file upload must be performed in accordance to the file specifications specified in XML Upload section of this document and must be submitted by the file upload deadline (36 hours prior to the start of the operating day). The Peak Load Summary screen was developed to give EDCs a summarized view of the data uploaded via XML files and to give LSEs a view of any Daily Scaling Factors that are applied to the EDC uploaded value. To access the screen, follow the steps below: Log into erpm Click on the Load and Obligation Navigation Button Click on the Peak Load Summary Sub Tab In order to refine the list of zones and areas listed at the bottom of the screen, you may use the following filter criteria: Zone/Area drop down list contains the zone/area combinations that are modeled in RPM Date Select a date in which you would like to see your Peak Load Contribution Summary data PJM

16 erpm Users Guide Page 15 Based on the filter criteria selected, a list of zone/areas will be displayed. The following columns will be displayed for the selected date: LSE list includes all LSEs with assigned MW for the date selected. Note: If you are an LSE, only your PJM short name will appear. Zone displays the Zone for which the Peak Load Contribution is displayed Area displays the Area for which the Peak Load Contribution is displayed Uploaded MW value of MW uploaded in the XML file Scaling Factor Daily Load Scaling Factor used to scale the uploaded LSE Obligation Peak Load values to the fixed Obligation Peak Load Allocation of the zone/area in the event that the Obligation Peak Load values uploaded by the EDC do not exactly sum to the Annual Peak Load Allocation for the zone/area. Daily Obligation Peak Load Scaling Factor = Annual Zone/Area Obligation Peak Load Allocation / Sum(Uploaded Zone/Area Daily MW Values) Obligation Peak Load MW Value of MW uploaded in the XML file * the Daily Load Scaling Factor. Task 4: View Network Service Peak Load Data The EDC is responsible for uploading Network Service Peak Load (NSPL) data into erpm for every LSE serving load in their zone/area during the Delivery Year. The file upload must be performed in accordance to the file specifications specified in XML Upload section of this document as well as be submitted by the file upload deadline (36 hours prior to the start of the operating day). To view the NSPL data follow the steps below: Log into erpm Click on the Load and Obligation Navigation Button Click on the NSPL Sub Tab In order to refine the list of zones and areas listed at the bottom of the screen, you may use the following filter criteria: Zone/Area drop down list contains the zone/area combinations that are modeled in RPM Date Select a date in which you would like to see your Peak Load Contribution Summary data PJM

17 erpm Users Guide Page 16 Based on the filter criteria selected, a list of zone/areas will be displayed. The following columns will be displayed for the selected date and the following 4 consecutive days: LSE list includes all LSEs with assigned MW for the date selected Zone/Area displays the Zone/Area combination for that LSE for which the NSPL MW is displayed NSPL displays the NSPL MW value for the date specified in the column heading Task 5: View Capacity Transfer Right (CTR) Data The purpose of Capacity Transfer Rights is to allocate the economic value of transmission import capability that exists into a constrained LDA to holders of Capacity Transfer Rights. Therefore, Capacity Transfer Rights serve to offset a portion of the Locational Price Adder charged to load in constrained LDAs. erpm provides a screen to view the CTR Allocations by Zone, in order to access follow the steps below: Log into erpm Click on the Load and Obligation Navigation Button Click on the CTR Tab This screen shows CTR data by zone. In order to modify the zone displayed, you may use the following filter criteria: Zone drop down list contains the zone/area combinations that are modeled in RPM Date Select a date in which you would like to see the CTR data. Note: CTR data is constant for a Delivery Year (June 1 May 31) Based on the filter criteria selected, four tables will be displayed: Zonal CTR MW displays the factors that amount of CTRs awarded on an LDA basis. Final UCAP Obligation (MW) displays the Obligation MW on an LDA basis Cleared Internal Capacity (MW) displays the total amount of cleared capacity cleared within each LDA. ILR Forecast Obligation (MW) displays the total amount of ILR Obligation that was forecasted in each LDA by the PJM Planning Department. Incremental CTRs (MW) displays the total amount of Incremental CTR MWs awarded to each LDA for the given Delivery Year PJM

18 erpm Users Guide Page 17 Qualifying Transmission Upgrade Cleared MW displays the total amount of Qualifying Transmission Upgrade megawatts that cleared in the LDA for the given Delivery Year Total CTR MW Allocated to LSEs in LDA displays the total amount of CTR MWs that were awarded to the LDA for the given delivery year. LDA Obligation Ratio Share displays the percentage of contribution that the zone selected in the filter criteria has on the given LDA. Calculated as the Zonal Obligation divided by the LDA Obligation. Total CTR MWs Allocated to LSEs in Zone displays the total number of CTR MWs that will be allocated to LSEs in the particular zone selected. Calculated as the Total CTR MW allocated to LSEs in the LDA * the LDA Obligation Ratio Share. Zonal CTR Values Source LDA Name of the LDA where the capacity was imported from Sink LDA Name of the LDA where the capacity was imported to Total CTR MW to LDA displays the total amount of CTR MWs that were awarded to the LDA for the given delivery year. Import Marginal Cost $/MW day displays the difference between the Sink LDA Resource Clearing Price and the Source Resource Clearing Price. Zonal Share of CTRs (Sink LDA) displays the percentage of contribution that the zone selected in the filter criteria has on the given LDA. Calculated as the Zone Obligation divided by the LDA Obligation. Total Value of CTRs in Sink LDA ($/day) displays the total dollar value tied to the CTRs that will be allocated across the LSEs that serve load in the given LDA. Calculated as the Total CTR MW to LDA multiplied by the Import Marginal Cost. Zonal Value of CTRs allocated to Load displays the total dollar value tied to the CTRs that will be allocated across the LSEs that serve load in the given Zone. Calculated as the Total Value of CTRs in Sink LDA * Zonal Share of CTRs. Zonal CTR Rates Base Zonal UCAP Obligation (MW/day) displays the Base Zonal UCAP Obligation of the Zone as determined by the clearing of the Base Residual Auction. Final Zonal UCAP Obligation (MW/day) displays the Final Zonal UCAP Obligation of the Zone as determined by the clearing of the Base Residual Auction and Second Incremental Auction. If a PJM

19 erpm Users Guide Page 18 Second Incremental Auction is not held, the Final Zonal UCAP Obligation will equal the Base Zonal UCAP Obligation. Base Zonal CTR Credit Rate ($/UCAP MW) displays the Base Zonal CTR Credit Rate. Calculated as the Zonal Value of CTRs Allocated to Load divided by the Base Zonal UCAP obligation. Final Zonal CTR Credit Rate ($/UCAP MW) displays the Final Zonal CTR Credit Rate. Calculated as the Zonal Value of CTRs Allocated to Load divided by the Final Zonal UCAP obligation. CTR Settlement Rate ($/CTR MW) displays the CTR Settlement Rate for the given delivery year. Calculated as the Total Value of CTRs in Sink LDA divided by Total CTR MW to LDA amount. Daily CTR Values UCAP Obligation Displays the total UCAP obligation being served by the participant on a daily basis. For more information on UCAP Obligation assessments, please refer to the Peak Load Summary section of this document. CTR MWs Displays the amount of CTR MWs awarded as a result of the Load Obligation. Calculated as the Participant Daily UCAP Obligation divided by the Final Zonal UCAP Obligation multiplied by the Total CTR MWs allocated to LSEs in Zone. Zone displays the Zone for which the Peak Load Contribution is displayed Area displays the Area for which the Peak Load Contribution is displayed Uploaded MW value of MW uploaded in the XML file Scaling Factor Daily Load Scaling Factor used to scale the uploaded LSE Obligation Peak Load values to the fixed Obligation Peak Load Allocation of the zone/area in the event that the Obligation Peak Load values uploaded by the EDC do not exactly sum to the Annual Peak Load Allocation for the zone/area. Daily Obligation Peak Load Scaling Factor = Annual Zone/Area Obligation Peak Load Allocation / Sum(Uploaded Zone/Area Daily MW Values) Obligation Peak Load MW Value of MW uploaded in the XML file * the Daily Load Scaling Factor. PJM

20 erpm Users Guide Page 19 Task 6: View RPM Zone/Areas The purpose of the Zone/Area screen is to provide a complete list of all modeled RPM Zone/Areas for a given date. Log into erpm Click on the Load and Obligation Navigation Button Click on the Zone/Area Tab This screen shows Zone/Area data by date. In order to modify the list of areas displayed, you may use the following filter criteria: Date Select a date in which you would like to see the zone/area list Zone drop down list contains the zone/area combinations that are modeled in RPM Based on the filter criteria selected, all zone/areas will be displayed that are modeled for the given date. Task 7: Update Zone Area Peak Load Allocation The purpose of the Zone/Area screen is to simplify reporting of the allocation of the Capacity Peaks (PLC or OPL or 5CP) by EDCs. PLC allocations for wholesale load must be calculated by January 1 each year, in accordance with Schedule 8 Section D.1 of the Reliability Assurance Agreement. Obligation Peak Load for retail LSEs will not be uploaded into erpm until 36 hours prior to the delivery day. This is a security enabled screen. Only EDC accounts will be granted access and permission to update data for their specific zone. Allocations may only be entered in the month of December. Log into erpm Click on the Load and Obligation Navigation Button Click on the Wholesale Load Tab Click on the Zone Area Peak Load Allocation sub tab This screen shows Zone/Area Peak Load Allocation data by Delivery Year. In order to modify the list of areas displayed, you may use the following filter criteria: Delivery Year Select the applicable delivery year in which you would like to allocate the PLC. Please note, allocations may only be made in December prior to the start of the Delivery Year. The screen will be locked from edits all other times. Zone drop down list contains the zones that are assigned to the customer account. PJM

21 erpm Users Guide Page 20 Based on the filter criteria selected, all zone/areas will be displayed for the given zone. By default, the retail area (where Zone Name is the same as Area Name) will be allocated the full Zonal PLC. For each area, select the LSE responsible for load and enter the applicable MWs. Upon clicking submit, the residual area MW allocation will decrease by the MW sum of the wholesale areas. If you have any questions regarding this screen, please contact PJM at PJM

22 erpm Users Guide Page 21 Resource Position Overview Task 1: View Resource Position Summary The Resource Position Summary page displays the actual position by LDA for a desired date. The position by LDA can be viewed for the Generation Resources and the Demand Resources. On the date selected in the filter criteria the Owned, Available, Committed, Unoffered and Position can be seen for the LDAs modeled in the Auction for the specified Planning Year. Log into erpm Click on the Resource Position Navigation Button In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: Capacity Type data can viewed in terms of ICAP(Installed Capacity) or UCAP (Unforced Capacity) Date data is viewed daily based on the selected date. Default date will be the current date. Based on the filter criteria selected, a list of zone/areas will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed for the selected date: LDA will list all the LDAs that were modeled in RPM for that delivery year Generation Resource Section Owned the capacity rights that you have on that unit for that day Available the capacity rights you have available to offer into an Auction based on that delivery year Committed number of MW that were committed to the Auctions or FRR capacity plans for that particular delivery year based on the selected date Unoffered number of MW that was not offered into the Base Residual Auction or subsequent Incremental Auctions for a given delivery year. This value can not be offered into any subsequent Auctions that are run for that delivery year. Position the available ICAP for the selected day Demand Resource Section PJM

23 erpm Users Guide Page 22 Owned the capacity rights that you have on that unit for that day Available the capacity rights you have available to offer into an Auction based on that delivery year Committed number of MW that were committed via the Auctions ran for that particular delivery year based on the selected date Unoffered number of MW that was not offered into the Base Residual Auction or subsequent Incremental Auctions for a given delivery year. This value can not be offered into any subsequent Auctions that are run for that delivery year. Position the available ICAP for the selected day Task 2: View Resource Position Detail: Generation Resources The Resource Position Detail page for Generation Resources displays the actual position by Generation Resource for a desired date. On the date selected the Owned, Available, Committed, Unoffered and Position can be seen for the Generation Resources that were in the Auction for that Planning Year. Log into erpm Click on the Resource Position Navigation Button Click on the Resource Detail Tab Click on the Generation Resource tab In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: Capacity Type data can viewed in terms of ICAP(Installed Capacity) or UCAP (Unforced Capacity) Date data is viewed daily based on the selected date. Default date will be the current date. Resource lists the Generation Resources in the portfolio for the selected date LDA lists the LDAs that the resources in the portfolio are located for the selected date Based on the filter criteria selected, a list of Generation Resources will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed for the selected date: Resource ID lists the unique identifier for the Generation Resource PJM

24 erpm Users Guide Page 23 Resource Name lists the name of the Generation Resource LDA lists the LDA the Generation Resource is located in for the selected date Current EFORd the EFORd that is available for the selected date 5 Year EFORd the average EFORd for the past 5 years for the Generation Resource EFORd Limit the maximum MW amount that that can be offered into an Auction for the EFORd Risk Segment. Calculated as the positive difference of the (5 Year EFORd Current EFORd) * Owned MW Owned the capacity rights that you have on that unit for that day Available the capacity rights you have available to offer into an Auction based on that delivery year RPM Committed number of MW committed to the RPM Auctions for the particular delivery year based on the selected date FRR Committed number of MW committed to a FRR Capacity Plan for the particular delivery year based on the selected date Unoffered number of MW that was not offered into the Base Residual Auction or subsequent Incremental Auctions for a given delivery year. This value can not be offered into any subsequent Auctions that are run for that delivery year. RPM Position the available ICAP for the selected day Task 3: View Resource Position Detail: Demand Resources The Resource Position Detail page for Demand Resources displays the actual position by Resource for a desired date. On the date selected the Owned, Available, Committed, Unoffered and Position can be seen for the Demand Resources that were in the Auction for that Planning Year. Log into erpm Click on the Resource Position Navigation Button Click on the Resource Detail Tab Click on the Demand Resource tab In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: PJM

25 erpm Users Guide Page 24 Capacity Type data can viewed in terms of ICAP (Installed Capacity) or UCAP (Unforced Capacity) Date data is viewed daily based on the selected date. Default date will be the current date. Resource lists the Demand Resources in the portfolio for the selected date LDA lists the LDAs in which the resources in the portfolio are located for the selected date Based on the filter criteria selected, a list of Demand Resources will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed for the selected date: Resource ID lists the unique identifier for the Demand Resource Resource Name lists the name of the Demand Resource LDA lists the LDAs in which the Demand Resources in the portfolio are located for the selected date Owned the capacity rights that you have on that unit for that day Available the capacity rights you have available to offer into an Auction based on that delivery year RPM Committed number of MW that were committed to the Auctions or FRR Capacity Plans for that particular delivery year based on the selected date FRR Committed number of MW committed to a FRR Capacity Plan for the particular delivery year based on the selected date Unoffered number of MW that was not offered into the Base Residual Auction or subsequent Incremental Auctions for a given delivery year. This value can not be offered into any subsequent Auctions that are run for that delivery year. RPM Position the available ICAP for the selected day Task 4: View Resource Position Detail: ILR Resources The Resource Position Detail page for ILR Resources displays the Nominated Value of ILR resources by Resource and Zone for a selected delivery year. Log into erpm Click on the Resource Position Navigation Button Click on the Resource Detail Tab PJM

26 erpm Users Guide Page 25 Click on the ILR Resource tab In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: Planning Period data is viewed by Delivery Year based on the period selected in the drop down menu. Resource lists the ILR Resources in the portfolio for the selected delivery year Zone lists the zones in which the resources in the portfolio are located for the selected delivery year Type data can viewed in terms of ICAP (Installed Capacity) or UCAP (Unforced Capacity) Based on the filter criteria selected, a list of ILR Resources will be displayed in a table format where the data relevant to the selected delivery year. The following columns will be displayed for the selected date: Resource Name lists the name of the ILR Resource Zone Name lists the zone where the ILR Resources in the portfolio are located Nominated MW the MW value of the ILR Resource Task 5: View Resource Position Detail: Buy Bid Position The Resource Position Detail page for Buy Bids shows the actual position by LDA for the selected date. The Owned, Available, and Committed MW values can be seen for the cleared buy bids that were cleared in the Incremental Auctions for that Planning Year. Log into erpm Click on the Resource Position Navigation Button Click on the Resource Detail Tab Click on the Buy Bid Position tab In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: Date data is viewed daily based on the selected date. Default date will be the current date. LDA lists the LDAs in which the buy bids were cleared for the selected date Auction lists all auction types for a given year (Base, First, Second, Third) PJM

27 erpm Users Guide Page 26 Based on the filter criteria selected, a list of LDAs will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed for the selected date: LDA lists the LDAs in which the cleared buy bids in the portfolio are located for the selected date Auction lists the Auction where the cleared buy bids were purchased Owned Buy Bid MW the amount of cleared buy bids that you have for that day Committed Buy Bid MW number of MW committed for the particular delivery year based on the selected date Available the amount of MW you have available to use as replacement capacity. Task 6: View Generation Characteristics: Summer and Winter ICAP Rating The Generation Characteristics page displays the Summer and Winter Rating for a desired date. All approved Capacity Mods will be summed that have a start date less than or equal to the date selected. Log into erpm Click on the Resource Position Navigation Button Click on the Resource Detail Tab Click on the Generation Characteristics tab In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: Date data is viewed daily based on the selected date. Default date will be the current date. Resource lists the Generation Resources in the portfolio for the selected date Based on the filter criteria selected, a list of Generation Resources will be displayed in a table format where the data relevant to the date selected can be viewed. The following columns will be displayed for the selected date: Resource ID lists the unique identifier for the Generation Resource Resource Name lists the name of the Generation Resource Summer Rating lists the Summer Rating for the selected date Winter Rating lists the Winter Rating for the selected date PJM

28 erpm Users Guide Page 27 Task 7: View FRR Capacity Plans The FRR Capacity Plan screen allows any FRR entity to view their current FRR plan details, resource commitments, edit future commitments, and create new resource commitments. New resource commitments can be created on a resource by resource basis or FRR plans for future planning periods can be copied from existing years. Log into erpm Click on the Resource Position Navigation Button Click on the FRR Capacity Plan tab In order to refine the data listed at the bottom of the screen, you may use the following filter criteria: Resource Name lists the name of all resources with FRR commitments for your company Start Day Allows you to filter the data returned in the FRR Plan Details and FRR Resource Commitments sections based on the start date. Stop Day Allows you to filter the data returned in the FRR Plan Details and FRR Resource Commitments sections based on the stop date. The first section of the screen lists the FRR Plan Details for a given delivery year. The FRR Capacity Plan is the long-term plan for the commitment of Capacity Resources to satisfy the daily zonal unforced capacity obligations of an LSE that has elected the FRR Alternative in an FRR Service Area and any applicable Percentage of Internal Resources Required in a Locational Deliverability Area (LDA). Start Day The start date of the FRR Capacity Plan for a given delivery year Stop Day The stop date of the FRR Capacity Plan for a given delivery year. Obligation MW The amount of MW required to be covered by FRR resource commitments. Threshold Quantity- The amount of MW required in excess of the obligation MW value. The Threshold Quantity is equal to the Preliminary Daily Unforced Capacity Obligation plus the lesser of (a) 0.03 * Preliminary Daily Unforced Capacity Obligation or (b) 450 MW. Sales Cap MW The maximum amount of MW permitted to be offered into the RPM Auctions. Self Schedule Cap MW The maximum amount of MW permitted to be self scheduled into the RPM Auctions. PJM

29 erpm Users Guide Page 28 The second section of the screen lists the FRR Resource Commitments for a given delivery year. The FRR Resource Commitments are able to be changed throughout the delivery year provided the change is submitted at least one business day in advance. Resource ID displays the unique identification number of the resource in the portfolio Resource Name displays the name of the FRR resource Resource Type displays the resource type of the FRR Resource. Generation and Demand resources can be included in FRR capacity plans. Start Day The start date of the FRR Capacity Plan for a given delivery year Stop Day The stop date of the FRR Capacity Plan for a given delivery year. EFORd the EFORd that is available for the selected date Designated ICAP Value Amount of ICAP committed to the FRR capacity plan for the given start and end dates Calculated UCAP Value Amount of UCAP MW committed to the FRR capacity plan for the given start and end dates. Note: Calculated UCAP = Designated ICAP * (1 EFORd) Task 8: Update Existing FRR Resource Commitments Existing FRR resource commitments are able to be modified provided the transaction is not in the past or does not span days in the past. If a transaction spans a period already in progress, the end date should be modified to today and a new transaction should be created effective tomorrow with the updated data. Log into erpm Click on the Resource Position Navigation Button Click on the FRR Capacity Plan tab Click on the Resource Name of the record to update Edit the Start Date, Stop Date, or Designated MW as appropriate. Task 9: Create a New FRR Resource Commitment New FRR Resource Commitments can be created on a one off basis as needed. Commitments can be created with a start date of today and can span one day to the entire delivery year, however cannot span planning periods. Log into erpm PJM

30 erpm Users Guide Page 29 Click on the Resource Position Navigation Button Click on the FRR Capacity Plan tab Choose Create New FRR Commitment from the drop down below the Refresh button, and click the Create button. Fill in the information below as appropriate: Start Day Enter the start date of the new FRR Resource Commitment Stop Day Enter the stop date of the new FRR Resource Commitment Company displays the name of your company (non editable) Resource Name Choose the name of the FRR resource Designated MW (ICAP) Enter the number of MW to commit to your FRR Capacity Plan. For your convenience, the maximum amount of MW available to be assigned to the FRR Resource Commitment will be displayed for the resource and dates chosen. The designated ICAP specified in the Resource Commitment cannot exceed the minimum available amount throughout the length of the selected period. Once all information has been entered, click the Create button to save the FRR Resource Commitment. Task 10: Copy an Existing FRR Capacity Plan FRR Resource Commitments can be copied from one year to another to avoid manually entering FRR Resource Commitments on an individual basis. Any Planning Period with an existing FRR Capacity Plan can be copied to a future year provided an RPM Auction for that year has not yet been conducted. Log into erpm Click on the Resource Position Navigation Button Click on the FRR Capacity Plan tab Choose Copy Existing FRR Plan from the drop down below the Refresh button, and click the Create button. Fill in the information below as appropriate: From Planning Period Choose the year to copy PJM

31 erpm Users Guide Page 30 To Planning Period Choose the year to populate with FRR Resource Commitments Note: All FRR Resource Commitments will be copied provided the resource has the same or greater amount of capacity available to support the Resource Commitment. If a resource s available capacity is less than the FRR Resource Commitment, the record will not be transferred. Individual FRR Resource Commitments can then be updated or created by following the steps in Task 4 and Task 5. PJM

32 erpm Users Guide Page 31 Transactions Transactions Overview There are several transaction types available in erpm. Capacity Modification use this transaction to add a new unit, remove an existing unit, or to request a MW increase or decrease in the summer or winter installed capacity rating of an existing unit. Demand Resource Modification use this transaction to add a new Demand Resource, remove an existing Demand Resource, or to increase or decrease the nominated value of a DR resource in your portfolio. Bilateral Unit Specific Transaction use this transaction to transfer the capacity rights of a specified amount of installed capacity from one party to another. Non Unit Specific Transaction use this transaction to create financial only transaction between two parties. Non unit specific transactions do not change the resource position or load obligation of an entity. Unit Ownership Change Transaction use this transaction to create submit a change in ownership. This transaction replaces the Cap Mod process in use for ecapacity. Replacement Transaction use this transaction to transfer the RPM commitment from one resource to another or use buy bids cleared in an Incremental Auction to offset an existing RPM Commitment. Buy Bid Transfer Transaction use this transaction to transfer the Cleared Buy Bids procured in an Auction from one party to another. Task 1: View Existing Transactions Existing transactions will be able to be viewed in the Transactions Organizer. Selectable parameters are available at the top of the screen to filter the results listed in the lower section of the screen. Several parameters can be used at once to further refine the returned transaction list. Filter Criteria: Start Day Will list all transactions that start on or after the entered date. End Day Will list all transactions that end on or before the entered date Transaction Type Filters one or more of the available transaction types (UNIT, CAPMOD, DRMOD, NONUNIT, REPLACEMENT, OWNERSHIP). PJM

33 erpm Users Guide Page 32 Transaction Status Filters one or more of the available transaction statuses Transaction ID Returns only the transaction matching the entered transaction id. Task 2: Create a Capacity Modification (CAP MOD) Capacity Modifications are used to request the addition of a new unit or the removal of an existing unit from your resource portfolio in erpm, or to request a MW increase or decrease in the summer or winter installed capacity rating of an existing unit. Cap Mods will not be approved by PJM during an open auction window. 1) Select the Transactions button. 2) Select Capacity Modification from the drop down list on the lower right corner of the filter criteria section on the Transactions Organizer screen. 3) Click Create 4) A pop up window will open where the data necessary to create the CAP MOD will be entered. 5) Enter the required data as described below. Required Data: The following data is required to create a Capacity Modification: Resource Name Choose the name of your resource from the Resource Name drop down list. If the name is not listed in the list, contact PJM to initiate the unit creation. Start Date Enter the start date of capacity increase or decrease. Note: All Cap Mods must be submitted a minimum of 2 business days prior to the start date. Summer MW Value Enter the amount of MW that should be increased or decreased from the current value of the unit to the nearest tenth of a decimal place. Note: Do not enter the final value of the unit, CAP MODs work on an incremental basis. Summer MW Increase/Decrease Radio Button: Select the appropriate button depending on whether the capacity was increased or decreased. Winter MW Value Enter the amount of MW that should be increased or decreased from the current value of the unit to the nearest tenth of a decimal place. Note: Do not enter the final value of the unit, CAP MODs work on an incremental basis. Winter MW Increase/Decrease Radio Button: Select the appropriate button depending on whether the capacity was increased or decreased. PJM

34 erpm Users Guide Page 33 Comments: Enter comments where appropriate. 6) Click Submit 7) Verify the transaction is now in Pending PJM status. 8) Close the window to return to the Transactions Organizer. Cap Mods will be reviewed by PJM and will then move to one of four possible statuses: Denied If the data submitted is not approved by PJM. Once the transaction is denied, a new transaction can be created to fix any data errors. PJM Withdrawn If the start date of the transaction passes the current date, the transaction status will be automatically changed. Provisionally Approved If the capacity modification is not yet physically implemented, however PJM considers it to be likely to be in service by the stated start date. Provisionally approved transactions will be considered in your Generation Resource Portfolio. Approved If the capacity modification is fully implemented and on line. Task 3: Create a Demand Resource Modification (DR MOD) Demand Resource Modifications are used to add a new DR, remove an existing DR, or to increase or decrease the nominated value of a DR resource in your portfolio. DR Mods will not be approved by PJM during an open Auction window. 1) Select the Transactions button. 2) Select Demand Resource Modification from the drop down list on the lower right corner of the filter criteria section on the Transactions Organizer screen. 3) Click Create 4) A pop up window will open where the data necessary to create the DR MOD will be entered 5) Enter the required data as described below. Required Data: The following data is required to create a Demand Resource Modification: PJM