5.2 RPM Auction Timeline

Transcription

1 5.2 RPM Auctin Timeline The fllwing Auctin timeline prvides the deadline fr key RPM activities: RPM Activity Submittal f preliminary request t remve resurce frm Capacity Resurce status and preliminary mustffer exemptin request fr BRA fr the reasn specified under OATT Attachment M-Appendix II.C.4.A Submittal f final request t remve resurce frm Capacity Resurce status and final must-ffer exemptin request fr BRA fr the reasn specified under OATT Attachment M-Appendix II.C.4.A Submittal f preliminary request t remve resurce frm Capacity Resurce status and preliminary mustffer exemptin request fr IA fr the reasn specified under OATT Attachment M-Appendix II.C.4.A Submittal f final request t remve resurce frm Capacity Resurce status and final must-ffer exemptin request fr IA fr the reasn specified under OATT Attachment M-Appendix II.C.4.A Submittal f must-ffer exemptin request fr any reasn ther than the reasn specified under OATT Attachment M-Appendix II.C.4.A PJM psts a separate summary f MW f Generatin fr which it has received requests t remve resurce frm Capacity Resurce status, and fr exceptins t the must-ffer requirement fr the reasn specified under OATT Attachment M-Appendix II.C.4.A, n an aggregate basis by Zne and LDA that cmprises a subset f a Zne. Psting shall specify the fllwing aggregate ranges: less than 100 MW; 100 t 500 MW; 500 t 1000 MW; and specific MW ttal if ver 1000 MW Deadline Sept 1 st immediately preceding BRA fr applicable Delivery Year (Nv 1, 2013 fr 2017/18 Delivery Year) Dec 1st immediately preceding BRA fr applicable Delivery Year 240 days prir t cmmencement f ffer perid 120 days prir t cmmencement f ffer perid 120 days prir t cmmencement f ffer perid Within 5 business days f receipt f request r ntificatin

2 5.4 Sell Offers in RPM Resurce-Specific Sell Offer Requirements Sell Offers fr the Base Residual and Incremental Auctins must be submitted in PJM s erpm system. Sell ffers are nly accepted during a fixed bidding windw which is pen fr at least five (5) business days. The bidding windw fr a Base Residual Auctin and Incremental Auctins will be psted n the PJM website. Sell ffers may nt be changed r withdrawn after the bidding windw fr a Base Residual Auctin r Incremental Auctin is clsed. The fllwing are business rules that apply t Resurce-Specific Sell Offers: The smallest increment that may be ffered int any auctin is 0.1 MW A resurce-specific sell ffer will specify, as apprpriate: Specific Generating Unit, Demand Resurce, Energy Efficiency Resurce, r Aggregate Resurce Fr the 2014/2015 thrugh the 2017/2018 Delivery Year, a demand resurce with the ptential t qualify as tw r mre prduct types may submit separate but cupled Sell Offers fr each prduct type fr which it qualifies at different sell ffer prices and the auctin clearing algrithm will select the Sell Offer that yields the least-cst slutin. Separate resurces will be mdeled in the erpm system fr each prduct type. Fr cupled Sell Offers, the ffer price f the Annual Demand Resurce ffer must be at least $.01/MW-day greater than the ffer price f the cupled Extended Summer Demand Resurce ffer and the ffer price f an Extended Summer Demand Resurce must be at least $.01/MW-day greater than the ffer price f the cupled Limited Demand Resurce ffer. Fr the 2018/2019 and 2019/2020 Delivery Year, a generatin, demand resurce, r energy efficiency resurce with the ptential t qualify as Base r Capacity Perfrmance prduct type may submit separate, but cupled Base and Capacity Perfrmance sell ffer segments and the auctin clearing algrithm will select the sell ffer segment that yields the least-cst slutin. The submissin f a cupled sell ffer segments shall be mandatry fr any Capacity Perfrmance Resurce submitting a cst-justified sell ffer price greater than the prduct f the histrical balancing rati times the Net Cst f New Entry in the znal LDA where the resurce resides. Fr such cupled sell ffer segments, the sell ffer price f a Capacity Perfrmance sell ffer segment must be at least $.01 per MW-day greater than the sell ffer price f a cupled Base sell ffer segment. With the exceptin f Intermittent Resurces and Capacity Strage Resurces, each Generatin Capacity Resurce with available capacity that is capable r can reasnably becme capable f qualifying as a Capacity Perfrmance Resurce must submit a Capacity Perfrmance sell ffer segment. Intermittent Resurces are generatin capacity resurces with utput that can vary as a functin f its energy surce, such as wind, slar,

3 landfill gas, run f river hydrelectric pwer and ther renewable resurces. An acceptable methd fr determining the quantity f unfrced capacity MWs that may ffer as Capacity Perfrmance fr an intermittent resurce is based n calculating the average f the hurly utput (MWh) f the intermittent resurce during the expected perfrmance hurs in the summer and winter. The expected perfrmance hurs in the summer are hurs ending 15:00 thrugh 20:00 EPT in the mnths f June, July, and August. The expected perfrmance hurs in the winter are hurs ending 6:00 thrugh 9:00 EPT and 18:00 thrugh 21:00 EPT in the mnths f January and February. Ntwithstanding the abve, PJM may review and accept alternative prpsed methds fr determining the quantity f unfrced capacity MWs that may be ffered as Capacity Perfrmance fr an Intermittent resurce. Capacity Strage Resurces shall mean any hydrelectric pwer plant, flywheel, battery strage, r ther such facility slely used fr shrt term strage and injectin f energy at a later time. An acceptable methd fr determining the quantity f unfrced capacity MWs that may ffer as Capacity Perfrmance fr a Capacity Strage Resurce is based n calculating the average f the hurly utput (MWh) f the intermittent resurce during the expected perfrmance hurs in the summer and winter. The expected perfrmance hurs in the summer are hurs ending 15:00 thrugh 20:00 EPT in the mnths f June, July, and August. The expected perfrmance hurs in the winter are hurs ending 6:00 thrugh 9:00 EPT and 18:00 thrugh 21:00 EPT in the mnths f January and February. Exceptins t the capacity perfrmance must-ffer requirement will be permitted fr a generatin capacity resurce which the Capacity Market Seller demnstrates is reasnably expected t be physically incapable f satisfying the requirements fr a Capacity Perfrmance Generatin Resurce by the start f the Delivery Year. The Seller must submit a request fr an exceptin (with all supprting infrmatin) n later than 120 days befre the ffer windw pens fr the relevant RPM Auctin. Capacity Market Sellers may specify multiple auctins in their written must-ffer exceptin request (with all supprting dcumentatin) t be reviewed by the IMM and PJM with each applicable auctin. Sellers must ntify PJM and the IMM f any material changes related t the request up thrugh the clsing f the relevant auctin(s) ffer windw. Seller shuld cntinue t submit any required infrmatin needed by the IMM in their nline system (MIRA) fr each subsequent auctin. A generatin resurce that can qualify as Capacity Perfrmance prduct type, but requires substantial investment t d s, is nt excused frm the capacity perfrmance must-ffer requirement, but may submit cupled Base and Capacity Perfrmance ffer segments.

4 Intermittent Resurces, Capacity Strage Resurces, Demand Resurces, Energy Efficiency Resurces are nt required t submit a Capacity Perfrmance sell ffer segment. Minimum and maximum amunt f installed capacity ffered in MWs fr the resurce by Offer Segment (Base r Capacity Perfrmance ffer segment effective fr 2018/2019 and 2019/2020 Delivery Years) Minimum and maximum amunt f installed capacity ffered in MWs fr the resurce by Capacity Perfrmance (annual) Offer Segment and Maximum amunt f installed capacity ffered in a Seasnal (summer r winter) Capacity Perfrmance Offer Segment. The Seasnal Capacity Perfrmance Offer Segment is cnsidered a flexible ffer segment with a minimum MW quantity set t zer MW. (Effective with the 2020/2021Delivery Year) Offer Segment price willing t receive in $/MW-day (in UCAP terms) Regular Schedule, Self-Schedule r Flexible Self-Schedule flag EFORd t apply t the ffered MWs (nly applicable in the Base Residual Auctin, First Incremental Auctin, and Secnd Incremental Auctin) fr generatin resurces New Unit Pricing participatin flag fr Planned Generatin Capacity Resurces requesting New Unit Pricing Adjustment. The ICAP MW quantity specified in the Offer Segment will be cnverted int an UCAP MW quantity by the sell ffer EFORd fr use in the auctin clearing. The sell ffer price specified in the Offer Segment is in UCAP terms and will nt be cnverted fr use in the auctin clearing. A Base, Capacity Perfrmance, r Seasnal Capacity Perfrmance Offer Segment may be ffered as either a single price quantity fr the capacity f the resurce r divided int up t ten ffer blcks with varying price-quantity pairs that represent varius segments f capacity frm the resurce. The Offer Segment will cnsist f blck segments at the specified price-quantity pairs. The seller specifies the EFORd t apply if participating in a Base Residual Auctin, First Incremental Auctin, r Secnd Incremental Auctin. The EFORd cannt exceed the greater f the EFORd calculated based n utage data fr 12 mnths ending September 30 th prir t the Base Residual Auctin, the 5 Year Average EFORd based n utage data fr 12 mnths ending September 30 th prir t the Base Residual Auctin, r the EFORd submitted by the market participant in their Base Residual Auctin Sell Offer. 1 The EFORd applied t the Third Incremental Auctin will be determined by PJM using the frced utage data fr the 12 mnths ending n September 30 prir t the relevant Delivery Year. The seller is willing t accept the clearing f any amunt equal t r greater than the minimum MW amunt ffered and equal t r less than the maximum MW ffered. 1Prir t March 27, 2009, the EFORd culd nt exceed the EFORd calculated based n utage data fr 12 mnths ending September 30th prir t the auctin.

5 If the self-scheduled flag is enabled in the Base r Capacity Perfrmance Offer segment, the sell ffer price must be set t zer and the minimum and maximum amunts specified in the sell ffer must be equal. The acceptance f the sell ffer is based n the party s Maximum Available ICAP Psitin fr the Delivery Year at the pening f the auctin s bidding windw. Effective with the 2020/2021 Delivery Year, the acceptance f the sell ffer is based n the party s Maximum Available ICAP Psitin fr the entire Delivery Year (annual psitin) if Capacity Perfrmance Resurce, Maximum Available ICAP Psitin fr summer perid (summer psitin) if Summer-Perid Capacity Perfrmance Resurce, Maximum Available ICAP Psitin fr winter perid (winter psitin) if Winter-Perid Capacity Perfrmance Resurce. If a participant has a psitive Maximum Available ICAP Psitin fr the Delivery Year, PJM nly accepts a sell ffer up t the Maximum Available ICAP Psitin fr the Delivery Year. (Prir t 2020/2021 Delivery Year) Effective with the 2020/2021 Delivery Year, the ttal MWs ffered acrss all Capacity Perfrmance ffer segments may nt exceed the Maximum Available ICAP Psitin fr the Delivery Year (i.e., the annual psitin). The ttal MWs ffered acrss the Capacity Perfrmance ffer segments and the Seasnal Capacity Perfrmance-Summer ffer segments may nt exceed the Maximum Available ICAP Psitin fr summer perid (i.e., the summer psitin). The ttal MWs ffered acrss the Capacity Perfrmance ffer segments and the Seasnal Capacity Perfrmance-Winter ffer segments may nt exceed the Maximum Available ICAP Psitin fr winter perid (i.e., the winter psitin). If a participant has a zer r negative Maximum Available ICAP Psitin, PJM will reject the sell ffer. A sell ffer in an RPM Auctin that vilates any Cnditins n Sales by FRR Entities as presented in the FRR Business Rules will be rejected. Fr Planned Resurces and external resurces withut firm transmissin, sell ffers fr which the RPM Credit Requirement exceeds the credit available will be rejected. A generatin resurce s default sell ffer cap fr any capacity perfrmance ffer segment shall be the prduct f the histrical balancing rati times the Net CONE f the znal LDA in which the resurce resides. Market Sellers may qualify t submit a sell ffer price abve the default ffer cap fr a capacity perfrmance ffer segment by submitting Avidable Cst Rate data t IMM and PJM 120 days prir t the RPM Auctin. All sell ffers fr a supplier that fails the Three-Pivtal Supplier Test will be capped within the mitigated LDA Prir t the 2020/2021 Delivery Year, cleared sell ffers and ffers receiving Make-Whle payments are binding cmmitments t prvide capacity fr the entire Delivery Year. Effective with the 2020/2021 Delivery Year, cleared MWs and make-whle MWs fr Capacity Perfrmance Offer Segments are binding cmmitments t prvide capacity fr the entire Delivery Year. Cleared MWs fr Seasnal Capacity Perfrmance-Summer Offer Segments are binding cmmitments t prvide capacity fr the summer perid f June thrugh Octber and May f the Delivery Year. Cleared MWs fr Seasnal Capacity

6 Perfrmance-Winter Offer Segments are binding cmmitments t prvide capacity fr the winter perid f Nvember thrugh April f the Delivery Year Remval f Generatin Capacity Resurce Status A Capacity Market Seller seeking t remve a Generatin Capacity Resurce frm its Capacity Resurce status shall submit a preliminary and final written request t PJM and the IMM, alng with supprting data and dcumentatin, by the deadlines specified in sectin 6.6 f Attachment DD f the PJM OATT prir t an RPM auctin. Requests shuld be sent t PJM via t the rpm_htline@pjm.cm and the IMM thrugh the MIRA applicatin. The request shuld prvide the fllwing infrmatin: Indicatin f the Generatin Capacity Resurce and MW seeking t remve its Capacity Resurce status. The Delivery Year in which the Seller is seeking t remve the resurce frm Capacity Resurce status. Explanatin and supprting data/dcumentatin describing the decisin t remve the Generatin Capacity Resurce frm Capacity Resurce status. PJM will pst the prelmininary and final requested MW f Capacity Resurce status changes by Zne and sub-znal LDA and gruped in a manner cnsistent with the psting f preliminary and final Must-Offer Exceptin requests fr deactivatin. PJM Capacity Market Operatins will ntify PJM Planning f the request t perfrm any necessary reliability studies fr the relinquishment f Capacity Intercnnectin Rights by the Generatin Capacity Resurce. In additin, the IMM will analyze the effects f the Capacity Resurce status remval with regard t ptential market pwer issues. Remval f Capacity Resurce status will nt be accepted while the Generatin Capacity Resurce hlds a capacity cmmitment fr the time perid in which it seeks t becme energy-nly. Once a Generatin Capacity Resurce has lst its Capacity Resurce status: The generatin unit will n lnger be a Capacity Resurce effective with the date f the status change, and as such, will be remved frm the capacity resurce mdel and n lnger eligible t ffer in RPM auctins r take n a capacity cmmitment. The Capacity Intercnnectin Rights f the resurce will be relinquished in a manner cnsistent with a generatin unit deactivating as descibed in Sectin f the PJM OATT. The Intercnnectin Service Agreement f the resurce will be amended t remve the Capacity Intercnnectin Rights f the generatin unit. Effective with the 2022/2023 Delivery Year, an Existing Generatin Capacity Resurce that repeatedly requests and is apprved fr a Capacity Perfrmance Must-Offer exceptin in the BRAs fr three cnsecutive Delivery Years, and des nt ffer in thse auctins, shall have its Capacity Resurce status remved effective with the start f the fllwing Delivery Year.

7 Ntwithstanding, n later than 135 days prir t the date f Capacity Resurce status remval, a Capacity Market Seller may submit a written request t PJM and the IMM requesting that the unit retain its Capacity Resurce status t be ffered in an RPM auctin. Such request must prvide supprting data and dcumentatin shwing verifiable evidence that the resurce can meet the peratinal and perfrmance requirements f Capacity Perfrmance Resurces by the start f the relevant Delivery Year, cnsistent with the prcess fr supprt and review in Tariff, sectin 5.5A f Attachment DD. If PJM grants such request and the Generatin Capacity Resurce is ffered in the applicable RPM auctin, the unit shall n lnger have its Capacity Resurce status remved. 8.9 Replacement Resurces Participants may specify replacement resurces in rder t avid r reduce resurce perfrmance assessment shrtfalls and the assciated deficiency/penalty charges. Participants may nt specify replacement resurces in rder t avid r reduce perfrmance assessment shrtfalls and assciated deficiency/penalty charges related t price respnsive demand. Replacement capacity fr generatin resurces, Demand Resurces, Energy Efficiency Resurces, r Qualifying Transmissin Upgrades cmmitted t RPM may be specified via the erpm system by entering a Replacement Capacity transactin befre the start f the Delivery Day. Hwever, upn a request t PJM made n later than three business days after a Delivery Day cntaining a Perfrmance Assessment Interval, Replacement Capacity Transactins may be permitted retractively effective with the Delivery Day prvided such transactin meets the fllwing criteria: (1) the replacement resurce must have already been in the same sub-accunt as the resurce being replaced n the Delivery Day, (2) the replacement resurce must have been included in the same Perfrmance Assessment Intervals as the resurce being replaced, (3) the replacement resurce must have the same r better tempral availability characteristics as the resurce being replaced, (4) the replacement resurce must be lcated in the same LDA (r a mre cnstrained child LDA) as the resurce being replaced, and (5) the resulting ttal Daily Resurce Cmmitments (RPM and FRR) (in UCAP terms) n a generatin resurce used as a replacement resurce cannt exceed such replacement resurce s Actual Perfrmance during the Perfrmance Assessment Intervals. Such requests must be submitted t rpm_htline@pjm.cm and include the start date and end date, resurce being replaced, replacement resurce, and the desired change in Daily RPM Cmmitments (in UCAP terms) fr the resurce being replaced and prduct type (i.e., Base Generatin, Base DR/EE, r Capacity Perfrmance) f the cmmitment being replaced. Thrugh the Replacement Capacity transactin functinality in erpm, PJM will prvide participants with a list f the available capacity fr each generatin r demand resurce in their prtfli as well as a list f cleared buy bids frm any Incremental Auctin via the erpm system and a list f resurces with RPM Resurce Cmmitments. Participants will have the ability t match a generatin, Demand Resurce, Energy Efficiency Resurce r Qualifying Transmissin Upgrade resurce cmmitted t RPM that they wuld like t replace with available capacity frm a generatin resurce, demand resurce, cleared buy bids in an Incremental Auctin, r frm

8 Lcatinal UCAP transactins. Effective with the 2019/2020 Delivery Year, available capacity frm an EE Resurce may be utilized t replace the cmmitment f nly anther EE Resurce because such cmmitments are accmpanied by the adjustment that is required t avid duble-cunting f energy efficiency measures as described in sectin f this manual. The fllwing are business rules that apply t Replacement Resurces fr Resurces Cmmitted t RPM: The start date and end date f the replacement must be specified. The Delivery Year cmmitment f a Generatin Capacity Resurce may nt be replaced until after the EFORd fr the Delivery Year has been lcked in the erpm system (Nvember 30 prir t the Delivery Year). After Nvember 30 prir t the Delivery Year and prir t the cnduct f the Third Incremental Auctin fr the Delivery Year, the cmmitment f such a resurce may be replaced but nly up t the quantity f any cmmitment deficiency f the resurce caused by the differences between sell ffer EFORd and Final EFORd, and/r derating. Any r all f a Delivery Year cmmitment f a Generatin Capacity Resurce, Demand Resurce, r Energy Efficiency Resurce may be replaced any time prir t the cnduct f the Third Incremental Auctin fr that Delivery Year when the wner f the replaced resurce prvides transparent and verifiable evidence t supprt the expected final physical psitin f the resurce at the time f request. Such requests shall be submitted in writing simultaneusly t PJM rpm_htline@pjm.cm and the Independent Market Mnitr rpmacr@mnitringanalytics.cm dcumenting the reasn fr the early replacement. PJM will apprve r deny a request fr early Replacement Capacity, based upn the belw criteria, with input frm the Market Mnitr, within 15 days f receiving a cmpleted early Replacement Capacity request. Acceptable reasns fr early replacement are: Generatr Deactivatin (prperly nticed t PJM and psted t the website) Pending request t PJM fr Generatin Capacity Resurce status remval (in accrdance with Manual 18, sectin 5.4.7) Withdrawal f generatin queue psitin / cancellatin f generatin prject (accmpanied by written ntificatin t PJM Intercnnectin Prjects manager) Generatin delayed in-service date (accmpanied by written ntificatin t PJM Intercnnectin Prjects manager) Permanent departure f lad used as a basis fr an existing DR r EE resurce at the time f cmmitment Generatin replaced may nt be recmmitted fr the Delivery Year. As such, an Existing Generatin Capacity Resurce may nt resell the MW in a subsequent auctin fr the Delivery Year, and has n requirement t submit a Must-Offer Exceptin request fr such auctins. DR/EE sites replaced may nt be registered r cmmitted fr the Delivery Year.

9 A Replacement Resurce used t reduce a Demand Resurce cmmitment shall be specified fr n less than the balance f the Delivery Year. An available Demand Resurce may nly be used as a Replacement Resurce when the start date f the Replacement Capacity transactin is frm June 1 thrugh September 30th unless the Demand Resurce can demnstrate thrugh the prir summer s event r test cmpliance data that the Demand Resurce met bth its Summer Average RPM Cmmitment and the new daily RPM cmmitment level that wuld result if the Replacement Capacity transactin was apprved. The desired change in Daily RPM Resurce Cmmitments (in UCAP terms) fr the resurce being replaced and the replacement resurce must be specified. The change in Daily RPM Resurce Cmmitments cannt result in a negative value fr the Daily RPM Resurce Cmmitments fr the resurce being replaced. Effective fr the 2016/2017 Delivery Year, the desired change in Daily RPM Resurce Cmmitments (in UCAP terms) fr the resurce being replaced must als indicate the prduct type (i.e., Base Generatin, Base DR/EE, r Capacity Perfrmance) f the cmmitment being replaced. The replacement resurce must be lcated in the same sub-accunt as the resurce that is being replaced. The replacement resurce must be lcated in the same LDA as the resurce that is being replaced r reside in the Sink LDA f the Qualifying Transmissin Upgrade being replaced. Resurces lcated in a cnstrained LDA can serve as replacement capacity fr a generatin resurce lcated in a less cnstrained parent LDA. The replacement resurce must have the same r better tempral availability characteristics as the resurce that is being replaced. Annual Resurce cmmitments can nly be replaced by available capacity frm an Annual Resurce, r by cleared Buy Bids fr Annual Capacity, r by Lcatinal UCAP riginating frm an Annual Resurce Extended Summer DR cmmitments can nly be replaced by available capacity frm an Annual Resurce r Extended Summer DR, r by cleared Buy Bids fr Annual r Extended Summer Capacity, r by Lcatinal UCAP riginating frm an Annual Resurce r Extended Summer DR Limited DR cmmitments can nly be replaced by available capacity frm an Annual Resurce, Extended Summer DR r Limited DR, r by cleared Buy Bids fr Annual, Extended Summer r Limited Capacity, r by Lcatinal UCAP riginating frm an Annual Resurce, Extended Summer DR r Limited DR.. Capacity Perfrmance Resurce cmmitments can nly be replaced by available capacity frm a capacity resurce that is eligible t be cmmitted as CP, r by cleared Buy Bids r Lcatinal UCAP f the Capacity Perfrmance prduct type.. Base Capacity cmmitments n a Generatin Resurce can nly be replaced by available capacity frm a generatin resurce that is eligible t be cmmitted as Base, available capacity frm a capacity resurce that is eligible t be cmmitted as CP, r by cleared Buy Bids r Lcatinal UCAP fr Base Generatin prduct type r Capacity Perfrmance prduct type

10 Base Capacity cmmitments n Demand Resurce r Energy Efficiency Resurces can be replaced by available capacity frm a capacity resurce that is eligible t be cmmitted as Base r CP, r by cleared Buy Bids r Lcatinal UCAP fr Base Generatin prduct type, Base DR/EE prduct type r Capacity Perfrmance prduct type. If a generatin, demand, r EE resurce is used as replacement capacity, a decrease in the Daily RPM Resurce Cmmitments fr the resurce that is being replaced will result and a crrespnding increase in the Daily RPM Resurce Cmmitments fr the replacement generatin, demand, r EE resurce will result during the time perid specified fr replacement. A change in the Daily RPM Resurce Cmmitments fr a generatin resurce will result in a change in the Ttal Unit ICAP Cmmitment Amunt fr the generatin resurce. If cleared buy bids frm an Incremental Auctin r Lcatinal UCAP transactins are used as replacement capacity, a decrease in the Daily RPM Cmmitments fr the resurce that is being replaced will result during the time perid specified fr replacement. A change in the Daily RPM Cmmitments fr a generatin resurce will result in a change in the Ttal Unit ICAP Cmmitment Amunt fr the generatin resurce. Replacement resurces fr Generatin Capacity Resurces, QTU, Energy Efficiency Resurces, r Demand Resurces cmmitted t FRR Capacity Plan are specified by an FRR Entity thrugh the update f the FRR Entity s FRR Capacity Plan prir t the start f the Delivery Day. FRR Entities may update their FRR Capacity Plan t reduce the FRR Capacity Plan Cmmitment n the resurce being replaced and increase the FRR Capacity Plan Cmmitment n a replacement resurce. The change in the Daily FRR Capacity Plan Cmmitments fr a generatin resurce will result in a change in the Ttal Unit ICAP Cmmitment Amunt fr the generatin resurce.