PJM Interconnection, L.L.C.; Supplemental Notice of Technical Conference, 75147-75149 [2014-29543]
Download as PDF
Federal Register / Vol. 79, No. 242 / Wednesday, December 17, 2014 / Notices
(4) appurtenant facilities. The proposed
project would have an estimated annual
generating capacity of 3,241 megawatthours.
A qualifying conduit hydropower
facility is one that is determined or
75147
deemed to meet all of the criteria shown
in the table below.
TABLE 1—CRITERIA FOR QUALIFYING CONDUIT HYDROPOWER FACILITY
Statutory provision
Description
Satisfies
(Y/N)
FPA 30(a)(3)(A), as amended by HREA ....
The conduit the facility uses is a tunnel, canal, pipeline, aqueduct, flume, ditch, or
similar manmade water conveyance that is operated for the distribution of water for
agricultural, municipal, or industrial consumption and not primarily for the generation of electricity.
The facility is constructed, operated, or maintained for the generation of electric
power and uses for such generation only the hydroelectric potential of a non-federally owned conduit.
The facility has an installed capacity that does not exceed 5 megawatts ......................
On or before August 9, 2013, the facility is not licensed, or exempted from the licensing requirements of Part I of the FPA.
Y
FPA 30(a)(3)(C)(i), as amended by HREA
mstockstill on DSK4VPTVN1PROD with NOTICES
FPA 30(a)(3)(C)(ii), as amended by HREA
FPA 30(a)(3)(C)(iii), as amended by HREA
Preliminary Determination: Based
upon the above criteria, Commission
staff preliminarily determines that the
proposal satisfies the requirements for a
qualifying conduit hydropower facility,
which is not required to be licensed or
exempted from licensing.
Comments and Motions to Intervene:
Deadline for filing comments contesting
whether the facility meets the qualifying
criteria is 45 days from the issuance
date of this notice.
Deadline for filing motions to
intervene is 30 days from the issuance
date of this notice.
Anyone may submit comments or a
motion to intervene in accordance with
the requirements of Rules of Practice
and Procedure, 18 CFR 385.210 and
385.214. Any motions to intervene must
be received on or before the specified
deadline date for the particular
proceeding.
Filing and Service of Responsive
Documents: All filings must (1) bear in
all capital letters the ‘‘COMMENTS
CONTESTING QUALIFICATION FOR A
CONDUIT HYDROPOWER FACILITY’’
or ‘‘MOTION TO INTERVENE,’’ as
applicable; (2) state in the heading the
name of the applicant and the project
number of the application to which the
filing responds; (3) state the name,
address, and telephone number of the
person filing; and (4) otherwise comply
with the requirements of sections
385.2001 through 385.2005 of the
Commission’s regulations.1 All
comments contesting Commission staff’s
preliminary determination that the
facility meets the qualifying criteria
must set forth their evidentiary basis.
The Commission strongly encourages
electronic filing. Please file motions to
intervene and comments using the
Commission’s eFiling system at https://
1 18
www.ferc.gov/docs-filing/efiling.asp.
Commenters can submit brief comments
up to 6,000 characters, without prior
registration, using the eComment system
at https://www.ferc.gov/docs-filing/
ecomment.asp. You must include your
name and contact information at the end
of your comments. For assistance,
please contact FERC Online Support at
FERCOnlineSupport@ferc.gov, (866)
208–3676 (toll free), or (202) 502–8659
(TTY). In lieu of electronic filing, please
send a paper copy to: Secretary, Federal
Energy Regulatory Commission, 888
First Street NE., Washington, DC 20426.
A copy of all other filings in reference
to this application must be accompanied
by proof of service on all persons listed
in the service list prepared by the
Commission in this proceeding, in
accordance with 18 CFR 4.34(b) and
385.2010.
Locations of Notice of Intent: Copies
of the notice of intent can be obtained
directly from the applicant or such
copies can be viewed and reproduced at
the Commission in its Public Reference
Room, Room 2A, 888 First Street NE.,
Washington, DC 20426. The filing may
also be viewed on the web at https://
www.ferc.gov/docs-filing/elibrary.asp
using the ‘‘eLibrary’’ link. Enter the
docket number (e.g., CD15–16–000) in
the docket number field to access the
document. For assistance, call toll-free
1–866–208–3676 or email
FERCOnlineSupport@ferc.gov. For TTY,
call (202) 502–8659.
Dated: December 10, 2014.
Kimberly D. Bose,
Secretary.
[FR Doc. 2014–29540 Filed 12–16–14; 8:45 am]
BILLING CODE 6717–01–P
CFR 385.2001–2005 (2014).
VerDate Sep<11>2014
19:49 Dec 16, 2014
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Y
Y
Y
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. EL14–37–000]
PJM Interconnection, L.L.C.;
Supplemental Notice of Technical
Conference
As announced in a Notice issued on
October 31, 2014, the Federal Energy
Regulatory Commission (Commission)
will hold a technical conference on
Wednesday, January 7, 2015. The
technical conference will explore
whether: 1) PJM Interconnection,
L.L.C.’s (PJM) Financial Transmission
Rights (FTR) forfeiture rule as it applies
to Up-to Congestion (UTC) transactions
and virtual (INC/DEC) transactions is
just and reasonable; and 2) PJM’s
current uplift allocation associated with
UTC transactions and INCs/DECs is just
and reasonable. The technical
conference will commence at 9:00 a.m.
and conclude at 4:30 p.m. and be held
at the Federal Energy Regulatory
Commission, 888 First Street, NE.,
Washington, DC 20426. This technical
conference is free of charge and open to
the public. Commission members may
participate in the technical conference.
The agenda and a list of participants
for this technical conference are
attached.
Those who plan to attend the
technical conference are encouraged to
complete the registration form located
at: https://www.ferc.gov/whats-new/
registration/01-07-15-form.asp. There is
no registration deadline.
The technical conference will be
transcribed. Transcripts of the technical
conference will be available for a fee
from Ace-Federal Reporters, Inc. (202–
347–3700 or 1–800–336–6646).
Additionally, there will be a free
E:\FR\FM\17DEN1.SGM
17DEN1
75148
Federal Register / Vol. 79, No. 242 / Wednesday, December 17, 2014 / Notices
proceeding that is pending: ER13–1654–
001.
Commission technical conferences are
accessible under section 508 of the
Rehabilitation Act of 1973. For
accessibility accommodations, please
send an email to accessibility@ferc.gov
or call toll free (866) 208–3372 (voice)
or (202) 502–8659 (TTY), or send a fax
to (202) 208–2106 with the requested
accommodations.
For more information about the
technical conference, please contact:
Sarah McKinley (Logistical
Information), Office of External Affairs,
Federal Energy Regulatory Commission,
888 First Street NE., Washington, DC
20426, (202) 502–8368,
sarah.mckinley@ferc.gov.
Carmen Gastilo Machuga (Legal
Information), Office of the General
Docket No. EL14–37–000
Panel will discuss: (1) the goals of the
FTR forfeiture rule; and (2) different
ways of structuring the FTR forfeiture
rule’s design.
During the discussion on goals,
Panelists should be prepared to address
the following:
• The FTR forfeiture rule was
intended to address potential market
abuse.1 The market abuse in question
was trading to create artificial
congestion in the day-ahead market that
influenced the value of FTRs, conduct
which may be a violation of the AntiManipulation Rule after its
implementation in 2006. INCs/DECs and
UTC transactions may provide value to
the system by improving price
convergence. Given these two priorities,
is it possible to design an effective rule
that addresses market abuse yet does not
discourage legitimate virtual trading
that can contribute to price
convergence?
January 7, 2015
Agenda
The technical conference will explore
whether: (1) PJM’s FTR forfeiture rule as
it applies to UTC transactions and INCs/
DECs is just and reasonable; and (2)
PJM’s current uplift allocation
associated with UTC transactions and
INCs/DECs is just and reasonable.
Presentations will be allowed at the
beginning of each Panel. Any
presentations should be narrowly
confined to the topics discussed in this
agenda and should be no longer than
five minutes. Presentations should
primarily focus on factual background.
Presentations and discussions should be
confined to proposals for addressing
these issues within PJM.
mstockstill on DSK4VPTVN1PROD with NOTICES
9:00am–9:15am Welcome and
Opening Remarks
9:15am–12:00pm Panel 1: FTR
Forfeiture Rule Goals and Designs (with
a 15 minute break)
Panel 1 will explore PJM’s FTR
forfeiture rule as it applies to INCs/DECs
and UTC transactions. In the context of
applying the rule to these products, the
VerDate Sep<11>2014
19:49 Dec 16, 2014
Jkt 235001
1 December 22, 2000 filing of PJM
Interconnection, L.L.C., Docket No. ER01–773–000
at 2 (‘‘The purpose of the modifications is to
address concerns . . . that an entity can purchase
FTRs in the monthly FTR auction and then enter
Increment and Decrement Bids in the Day-ahead
Market so as to create congestion and artificially
(continued . . .) increase the value of its FTRs.’’).
PO 00000
Frm 00035
Fmt 4703
Sfmt 4703
Counsel, Federal Energy Regulatory
Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502–8657,
carmen.gastilo@ferc.gov.
William Sauer (Technical
Information), Office of Energy Policy
and Innovation, Federal Energy
Regulatory Commission, 888 First Street
NE., Washington, DC 20426, (202) 502–
6639, william.sauer@ferc.gov.
Cathleen Colbert (Technical
Information), Office of Enforcement,
Federal Energy Regulatory Commission,
888 First Street NE., Washington, DC
20426, (202) 502–8997,
cathleen.colbert@ferc.gov.
Dated: December 10, 2014.
Kimberly D. Bose,
Secretary.
• Examples of how INCs/DECs and
UTC transactions influence the value of
FTRs
• Behaviors to be discouraged or
encouraged through the FTR forfeiture
rule
During the discussion on different ways
of structuring the FTR forfeiture rule
design, Panelists should be prepared to
address the structural components of an
effective rule, including:
• In which way, if at all, should
transactions be aggregated to determine
the effect on congestion? In determining
the effect on congestion, should the FTR
forfeiture rule consider each market
participant’s portfolio of transactions? If
so, is this approach technically feasible?
• In which way, if at all, should the
FTR forfeiture rule assess INCs/DECs
and UTC transactions that are intended
to relieve congestion to benefit the value
of counter-flow FTRs?
• At what threshold should the flow
impact on a transmission constraint’s
limit trigger the forfeiture? What are the
possible implications of implementing
an overly strict rule versus a rule that
may fail to identify all instances of
potentially manipulative behavior?
• How, if at all, should the rule treat
INCs/DECs and UTC transactions
E:\FR\FM\17DEN1.SGM
17DEN1
EN17DE14.014
Webcast of the technical conference.
The webcast will allow persons to listen
to the technical conference but not
participate. Anyone with Internet access
who wants to listen to the technical
conference can do so by navigating to
the Calendar of Events at www.ferc.gov,
locating the technical conference in the
Calendar, and clicking on the webcast
link. The Capitol Connection provides
technical support for the Webcast and
offers the option of listening to the
meeting via phone-bridge for a fee. If
you have any questions, visit
www.CapitolConnection.org or call 703–
993–3100.
While this technical conference is not
for the purpose of discussing specific
cases, the technical conference may
address matters at issue in the
following, related Commission
Federal Register / Vol. 79, No. 242 / Wednesday, December 17, 2014 / Notices
differently under various rule designs?
For instance, should different injection/
withdrawal points be utilized? Should
different forfeiture thresholds be used?
Panelists:
• Andrew Hartshorn, Boston Energy
Trading and Marketing
• Noha Sidhom, Inertia Power, LP
• Harry Singh, J. Aron & Company
• Joseph Bowring, Monitoring
Analytics
• Stu Bresler, PJM Interconnection,
L.L.C.
mstockstill on DSK4VPTVN1PROD with NOTICES
12:00pm–1:00pm
Lunch
1:00pm–4:15pm Panel 2: Uplift
Causation and Allocation (with a 15
minute break)
Panel 2 will explore the
circumstances under which INCs/DECs
and UTC transactions may cause uplift
in PJM and, if so, how INCs/DECs and
UTC transactions should be allocated
uplift charges. In the context of
assessing PJM’s uplift allocation, the
Panel will discuss: (1) the extent to
which uplift may be caused by INCs/
DECs and UTC transactions; and (2)
different ways to potentially allocate
uplift to INCs/DECs and UTC
transactions.
During the discussion on uplift
causation, Panelists should be prepared
to address the following:
• How, if at all, do INCs/DECs and
UTC transactions cause uplift?
• In which way, if at all, is uplift
caused by INCs/DECs and UTC
transactions associated with congestion,
divergences between day-ahead and
real-time physical energy requirements,
or other positions held by each market
participant?
• Are there methods available to
accurately and dynamically determine
any uplift that may be caused by INCs/
DECs and UTC transactions?
During the discussion on uplift
allocation, Panelists should be prepared
to address the following:
• The status of PJM’s Energy Market
Uplift Senior Task Force.
• What principle(s) should be
followed if and when allocating uplift to
INCs/DECs and UTC transactions? For
instance, one potential solution is that
uplift costs should be strictly allocated
based on cost causation determinations.
Other potential solutions may be guided
by simplicity, predictability, or multiple
objectives. What new, if any, uplift
allocation rules should be implemented
based on this principle(s)?
• Under which, if any, circumstances
should INCs/DECs and UTC
VerDate Sep<11>2014
19:49 Dec 16, 2014
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transactions be offset by other
transactions to limit uplift allocation
exposure?
Panelists:
• Abram Klein, Appian Way Energy
Partners
• William Hogan, Harvard University,
speaking on behalf of Financial
Marketers Coalition
• Joseph Bowring, Monitoring
Analytics
• Adam Keech, PJM Interconnection,
L.L.C.
• David Patton, Potomac Economics,
Ltd.
• Wesley Allen, Red Wolf Energy
Trading, L.L.C.
• Stephanie Staska, Twin Cities
Power Holdings, L.L.C.
• Michael McNair, Yes Energy
4:15pm–4:30pm
Closing
[FR Doc. 2014–29543 Filed 12–16–14; 8:45 am]
BILLING CODE 6717–01–P
ENVIRONMENTAL PROTECTION
AGENCY
[EPA–HQ–OPP–2010–0014; FRL–9920–12]
Product Cancellation Order for Certain
Pesticide Registrations
Environmental Protection
Agency (EPA).
ACTION: Notice.
AGENCY:
This notice announces EPA’s
order for the cancellations, voluntarily
requested by the registrants and
accepted by the Agency, of the products
listed in Table 1 of Unit II., pursuant to
the Federal Insecticide, Fungicide, and
Rodenticide Act (FIFRA). This
cancellation order follows an April 11,
2014 Federal Register Notice of Receipt
of Requests from the registrants listed in
Table 2 of Unit II. to voluntarily cancel
these product registrations. In the April
11, 2014 Federal Register notice, EPA
indicated that it would issue an order
implementing the cancellations, unless
the Agency received substantive
comments within the 180 day comment
period that would merit its further
review of these requests, or unless the
registrants withdrew their requests. The
Agency received comments on the April
11, 2014 Federal Register notice but
none merited its further review of the
requests. Further, the registrants did not
withdraw their requests. Accordingly,
EPA hereby issues in this notice a
cancellation order granting the
requested cancellations. Any
SUMMARY:
PO 00000
Frm 00036
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75149
distribution, sale, or use of the products
subject to this cancellation order is
permitted only in accordance with the
terms of this order, including any
existing stocks provisions.
The cancellations are effective
December 17, 2014.
DATES:
FOR FURTHER INFORMATION CONTACT:
Janeese Hackley, Pesticide ReEvaluation Division (7508P), Office of
Pesticide Programs, Environmental
Protection Agency, 1200 Pennsylvania
Ave. NW., Washington, DC 20460–0001;
telephone number: (703) 605–1523;
email address: hackley.janeese@epa.gov.
SUPPLEMENTARY INFORMATION:
I. General Information
A. Does this action apply to me?
This action is directed to the public
in general, and may be of interest to a
wide range of stakeholders including
environmental, human health, and
agricultural advocates; the chemical
industry; pesticide users; and members
of the public interested in the sale,
distribution, or use of pesticides. Since
others also may be interested, the
Agency has not attempted to describe all
the specific entities that may be affected
by this action.
B. How can I get copies of this document
and other related information?
The docket for this action, identified
by docket identification (ID) number
EPA–HQ–OPP–2010–0014, is available
at https://www.regulations.gov or at the
Office of Pesticide Programs Regulatory
Public Docket (OPP Docket) in the
Environmental Protection Agency
Docket Center (EPA/DC), West William
Jefferson Clinton Bldg., Rm. 3334, 1301
Constitution Ave. NW., Washington, DC
20460–0001. The Public Reading Room
is open from 8:30 a.m. to 4:30 p.m.,
Monday through Friday, excluding legal
holidays. The telephone number for the
Public Reading Room is (202) 566–1744,
and the telephone number for the OPP
Docket is (703) 305–5805. Please review
the visitor instructions and additional
information about the docket available
at https://www.epa.gov/dockets.
II. What action is the agency taking?
This notice announces the
cancellation, as requested by registrants,
of products registered under FIFRA
section 3 (7 U.S.C. 136a). These
registrations are listed in sequence by
registration number in Table 1 of this
unit.
E:\FR\FM\17DEN1.SGM
17DEN1
Agencies
[Federal Register Volume 79, Number 242 (Wednesday, December 17, 2014)]
[Notices]
[Pages 75147-75149]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-29543]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. EL14-37-000]
PJM Interconnection, L.L.C.; Supplemental Notice of Technical
Conference
As announced in a Notice issued on October 31, 2014, the Federal
Energy Regulatory Commission (Commission) will hold a technical
conference on Wednesday, January 7, 2015. The technical conference will
explore whether: 1) PJM Interconnection, L.L.C.'s (PJM) Financial
Transmission Rights (FTR) forfeiture rule as it applies to Up-to
Congestion (UTC) transactions and virtual (INC/DEC) transactions is
just and reasonable; and 2) PJM's current uplift allocation associated
with UTC transactions and INCs/DECs is just and reasonable. The
technical conference will commence at 9:00 a.m. and conclude at 4:30
p.m. and be held at the Federal Energy Regulatory Commission, 888 First
Street, NE., Washington, DC 20426. This technical conference is free of
charge and open to the public. Commission members may participate in
the technical conference.
The agenda and a list of participants for this technical conference
are attached.
Those who plan to attend the technical conference are encouraged to
complete the registration form located at: https://www.ferc.gov/whats-new/registration/01-07-15-form.asp. There is no registration deadline.
The technical conference will be transcribed. Transcripts of the
technical conference will be available for a fee from Ace-Federal
Reporters, Inc. (202-347-3700 or 1-800-336-6646). Additionally, there
will be a free
[[Page 75148]]
Webcast of the technical conference. The webcast will allow persons to
listen to the technical conference but not participate. Anyone with
Internet access who wants to listen to the technical conference can do
so by navigating to the Calendar of Events at www.ferc.gov, locating
the technical conference in the Calendar, and clicking on the webcast
link. The Capitol Connection provides technical support for the Webcast
and offers the option of listening to the meeting via phone-bridge for
a fee. If you have any questions, visit www.CapitolConnection.org or
call 703-993-3100.
While this technical conference is not for the purpose of
discussing specific cases, the technical conference may address matters
at issue in the following, related Commission proceeding that is
pending: ER13-1654-001.
Commission technical conferences are accessible under section 508
of the Rehabilitation Act of 1973. For accessibility accommodations,
please send an email to accessibility@ferc.gov or call toll free (866)
208-3372 (voice) or (202) 502-8659 (TTY), or send a fax to (202) 208-
2106 with the requested accommodations.
For more information about the technical conference, please
contact:
Sarah McKinley (Logistical Information), Office of External
Affairs, Federal Energy Regulatory Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502-8368, sarah.mckinley@ferc.gov.
Carmen Gastilo Machuga (Legal Information), Office of the General
Counsel, Federal Energy Regulatory Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502-8657, carmen.gastilo@ferc.gov.
William Sauer (Technical Information), Office of Energy Policy and
Innovation, Federal Energy Regulatory Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502-6639, william.sauer@ferc.gov.
Cathleen Colbert (Technical Information), Office of Enforcement,
Federal Energy Regulatory Commission, 888 First Street NE., Washington,
DC 20426, (202) 502-8997, cathleen.colbert@ferc.gov.
Dated: December 10, 2014.
Kimberly D. Bose,
Secretary.
[GRAPHIC] [TIFF OMITTED] TN17DE14.014
Docket No. EL14-37-000
January 7, 2015
Agenda
The technical conference will explore whether: (1) PJM's FTR
forfeiture rule as it applies to UTC transactions and INCs/DECs is just
and reasonable; and (2) PJM's current uplift allocation associated with
UTC transactions and INCs/DECs is just and reasonable. Presentations
will be allowed at the beginning of each Panel. Any presentations
should be narrowly confined to the topics discussed in this agenda and
should be no longer than five minutes. Presentations should primarily
focus on factual background. Presentations and discussions should be
confined to proposals for addressing these issues within PJM.
9:00am-9:15am Welcome and Opening Remarks
9:15am-12:00pm Panel 1: FTR Forfeiture Rule Goals and Designs (with a
15 minute break)
Panel 1 will explore PJM's FTR forfeiture rule as it applies to
INCs/DECs and UTC transactions. In the context of applying the rule to
these products, the Panel will discuss: (1) the goals of the FTR
forfeiture rule; and (2) different ways of structuring the FTR
forfeiture rule's design.
During the discussion on goals, Panelists should be prepared to
address the following:
The FTR forfeiture rule was intended to address potential
market abuse.\1\ The market abuse in question was trading to create
artificial congestion in the day-ahead market that influenced the value
of FTRs, conduct which may be a violation of the Anti-Manipulation Rule
after its implementation in 2006. INCs/DECs and UTC transactions may
provide value to the system by improving price convergence. Given these
two priorities, is it possible to design an effective rule that
addresses market abuse yet does not discourage legitimate virtual
trading that can contribute to price convergence?
---------------------------------------------------------------------------
\1\ December 22, 2000 filing of PJM Interconnection, L.L.C.,
Docket No. ER01-773-000 at 2 (``The purpose of the modifications is
to address concerns . . . that an entity can purchase FTRs in the
monthly FTR auction and then enter Increment and Decrement Bids in
the Day-ahead Market so as to create congestion and artificially
(continued . . .) increase the value of its FTRs.'').
---------------------------------------------------------------------------
Examples of how INCs/DECs and UTC transactions influence
the value of FTRs
Behaviors to be discouraged or encouraged through the FTR
forfeiture rule
During the discussion on different ways of structuring the FTR
forfeiture rule design, Panelists should be prepared to address the
structural components of an effective rule, including:
In which way, if at all, should transactions be aggregated
to determine the effect on congestion? In determining the effect on
congestion, should the FTR forfeiture rule consider each market
participant's portfolio of transactions? If so, is this approach
technically feasible?
In which way, if at all, should the FTR forfeiture rule
assess INCs/DECs and UTC transactions that are intended to relieve
congestion to benefit the value of counter-flow FTRs?
At what threshold should the flow impact on a transmission
constraint's limit trigger the forfeiture? What are the possible
implications of implementing an overly strict rule versus a rule that
may fail to identify all instances of potentially manipulative
behavior?
How, if at all, should the rule treat INCs/DECs and UTC
transactions
[[Page 75149]]
differently under various rule designs? For instance, should different
injection/withdrawal points be utilized? Should different forfeiture
thresholds be used?
Panelists:
Andrew Hartshorn, Boston Energy Trading and Marketing
Noha Sidhom, Inertia Power, LP
Harry Singh, J. Aron & Company
Joseph Bowring, Monitoring Analytics
Stu Bresler, PJM Interconnection, L.L.C.
12:00pm-1:00pm Lunch
1:00pm-4:15pm Panel 2: Uplift Causation and Allocation (with a 15
minute break)
Panel 2 will explore the circumstances under which INCs/DECs and
UTC transactions may cause uplift in PJM and, if so, how INCs/DECs and
UTC transactions should be allocated uplift charges. In the context of
assessing PJM's uplift allocation, the Panel will discuss: (1) the
extent to which uplift may be caused by INCs/DECs and UTC transactions;
and (2) different ways to potentially allocate uplift to INCs/DECs and
UTC transactions.
During the discussion on uplift causation, Panelists should be
prepared to address the following:
How, if at all, do INCs/DECs and UTC transactions cause
uplift?
In which way, if at all, is uplift caused by INCs/DECs and
UTC transactions associated with congestion, divergences between day-
ahead and real-time physical energy requirements, or other positions
held by each market participant?
Are there methods available to accurately and dynamically
determine any uplift that may be caused by INCs/DECs and UTC
transactions?
During the discussion on uplift allocation, Panelists should be
prepared to address the following:
The status of PJM's Energy Market Uplift Senior Task
Force.
What principle(s) should be followed if and when
allocating uplift to INCs/DECs and UTC transactions? For instance, one
potential solution is that uplift costs should be strictly allocated
based on cost causation determinations. Other potential solutions may
be guided by simplicity, predictability, or multiple objectives. What
new, if any, uplift allocation rules should be implemented based on
this principle(s)?
Under which, if any, circumstances should INCs/DECs and
UTC transactions be offset by other transactions to limit uplift
allocation exposure?
Panelists:
Abram Klein, Appian Way Energy Partners
William Hogan, Harvard University, speaking on behalf of
Financial Marketers Coalition
Joseph Bowring, Monitoring Analytics
Adam Keech, PJM Interconnection, L.L.C.
David Patton, Potomac Economics, Ltd.
Wesley Allen, Red Wolf Energy Trading, L.L.C.
Stephanie Staska, Twin Cities Power Holdings, L.L.C.
Michael McNair, Yes Energy
4:15pm-4:30pm Closing
[FR Doc. 2014-29543 Filed 12-16-14; 8:45 am]
BILLING CODE 6717-01-P