Market Settlements - Advanced

Transcription

1 Market Settlements - Advanced Transmission Services Module PJM State & Member Training Dept. PJM 2017

2 Agenda Transmission Services Billing Examples Point-To-Point PJM

3 Transmission Service Network Integration Network customers pay daily demand charges based on zonal coincident peak load (including losses) priced at zonal rates Transmission Owners receive their zonal revenues Used for serving load Firm Point-to-Point Point to Point customers pay demand charges based on transmission reservations priced at PJM border rates Revenues allocated to transmission owners Designated source and sink used for exports, wheels and imports Non-Firm Point-to-Point Point to Point customers pay discounted rate ($0.67 per MWh reserved) Revenues allocated to Network and Firm customers Designated source and sink used for exports, wheels and imports PJM

4 Network Integration Transmission Service 1100 Network Integration Transmission Service 2100 Network Integration Transmission Service Charges Daily Demand Charge = Calculated for Network Customer for each zone where load is served Network Customer Daily Peak Load Contribution 1/# days in year * * Applicable Zonal Rate Credits Coincident with metered zonal peak (including losses) for 12 months Ending October of previous year Allocated to Transmission Owners in that zone on a transmission revenue requirement basis PJM Tariff Reference - Attachments H PJM

5 Network Integration Transmission Service See OATT Attachment H for details PJM

6 Firm Point-to-Point Transmission Service Charges Monthly Demand Charge Reserved Transmission Capacity 1130 Firm Point-to-Point Transmission Service Applicable Tariff Rate Yearly Charge ($/kw) Monthly Charge ($/kw) Weekly Charge ($/kw) Weekday Charge ($/kw) Weekend/NERC Holiday ($S/kW) Credits 2130 Firm Point-to-Point Transmission Service Total firm transmission service revenues collected are allocated to PJM Transmission Owners based on transmission revenue requirement ratio shares ComEd, Dominion and AEP shares further allocated to their respective zonal customers based on demand charge ratios Firm Point-Point service requested with a Point of Delivery (POD) at a MISO interface is not charged PJM

7 Non-Firm Point-to-Point Transmission Service 1140 Non-Firm Point-to-Point Transmission Service 2140 Non-Firm Point-to-Point Transmission Service Charges Hourly Non- Firm Demand Charge Billable Transmission Capacity (MW Reserved MW Curtailed) Discounted Rate Congestion adjustment if congestion > 0 Discounted Rate = $0.67/MWh Congestion Adjustment = Explicit Congestion Charge Capped at billable capacity * $0.67/MWh Credits: Total Non-firm transmission service revenues are allocated to network and firm transmission service customers in proportion to their monthly demand charges for transmission service Non-Firm Point-Point service requested with a Point of Delivery (POD) at a MISO interface is not charged PJM

8 Agenda Transmission Services Billing Examples Point-To-Point PJM

9 Potential Charges and Credits Imports Using Firm or Non-Firm Transmission Service Firm or Non-Firm Transmission Service* Spot Market Energy Congestion (Relative to the Interface) Losses (Relative to the Interface) Operating Reserves (If scheduled real-time or deviation in real-time from day-ahead) Reactive Supply (Schedule 2) Black-Start (Schedule 6A) Control Area Administration (Schedule 9-1) Market Support (Schedule 9-3) FERC Annual Charge Recovery (Schedule 9-OPSI) Organization of PJM States, Inc. Funding (Schedule 9-MMU) Advanced Second Control Center AC 2 (Schedule 9-AC 2 ) Transmission Owner Scheduling, System Control and Dispatch Service (Schedule 1A) PJM Settlement Inc. (Schedule 9-PJM Settlement) Market Support Offset PJM External Control Area *For Firm Service (Schedule 7) Rate Depends on Length, Daily, Weekly Monthly or Yearly) If Non-Firm Service (Schedule 8) Currently Discounted to $.67 per MWh Reserved

10 Transmission Service PJM

11 MSRS Reports - Transmission Service PJM

12 Firm Point-to-Point Transmission Service Charges Item number 9 of the Description documents (DESC) show the supporting calculations located in the CSV and XML files 9 Supporting Calculations Firm PTP Transmission Service Daily Charge ( ) = Firm PTP Rate ( ) * Reservation Capacity ( ) PJM

13 Firm Point-to-Point Transmission Service Charges (MWh) Sum of the Firm PTP Transmission Service Daily Charge column for each hour of the month = $245, Billing line item Firm PTP Transmission Firm PTP Reservation Service Daily Point of Receipt Point of Delivery Rate ($/MW) Capacity (MW) Charge ($/MW per day) Version PJM Good Point PJM Good Point PJM Good Point PJM Good Point PJM Good Point PJM Good Point PJM

14 Non-Firm Point-to-Point Transmission Service Charges Item number 9 of the Description documents (DESC) show the supporting calculations located in the CSV and XML files 9 Supporting Calculations Non-Firm PTP Transmission Service Charge = (Hourly Non-Firm PTP Rate * Billable Capacity) - Congestion Adjustment PJM

15 Non-Firm Point-to-Point Transmission Service Charges (MWh) Sum of the Non-Firm PTP Transmission Service for each hour of the month = $57, Billing line item Reservation Type Time Block Point of Receipt Point of Delivery Data Label EPT HE 01 EPT HE 02 NON_FIRM day Good Point PJM Hourly Non-Firm PTP Rate ($/MW per hour) NON_FIRM day Good Point PJM Reservation Capacity (MW) NON_FIRM day Good Point PJM Billable Capacity (MW) NON_FIRM day Good Point PJM Congestion Adjustment ($) 0 0 NON_FIRM day Good Point PJM Non-Firm PTP Transmission Service Charge ($) NON_FIRM hour PJM Better Point Hourly Non-Firm PTP Rate ($/MW per hour) NON_FIRM hour PJM Better Point Reservation Capacity (MW) NON_FIRM hour PJM Better Point Billable Capacity (MW) NON_FIRM hour PJM Better Point Congestion Adjustment ($) 0 0 NON_FIRM hour PJM Better Point Non-Firm PTP Transmission Service Charge ($) PJM

16 Questions? PJM Client Management & Services Telephone: (610) Toll Free Telephone: (866) Website: The Member Community is PJM s self-service portal for members to search for answers to their questions or to track and/or open cases with Client Management & Services PJM