[Federal Register Volume 71, Number 88 (Monday, May 8, 2006)]
[Notices]
[Page 26761]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-6898]



[[Page 26761]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. EL05-148-000 and ER05-1410-000]


PJM Interconnection, L.L.C.; Notice of Staff Technical Conference

May 1, 2006.
    Take notice that, as directed by the Commission in its April 20, 
2006 Order,\1\ a staff technical conference will be held on Wednesday, 
June 7, 2006, from 9 a.m. to 5 p.m. (EST) and Thursday, June 8, 2006, 
from 9 a.m. onwards, but no later than 5 p.m. (EST) at the Federal 
Energy Regulatory Commission, 888 First Street, NE., Washington, DC 
20426, in a room to be designated.
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    \1\ PJM Interconnection, L.L.C., 115 FERC ] 61,079 (2006) (April 
20 Order).
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    As explained in the April 20 Order, the purpose of the conference 
will be to address specific issues relating to the mechanisms to be 
used by PJM Interconnection, L.L.C. (PJM) to enable customers to 
satisfy reliability requirements. This conference is intended to be an 
informal working session focused solely on determining the appropriate 
parameters for the variable resource requirement, and the long term 
fixed resource adequacy requirement accepted by the Commission in the 
April 20 Order. It is, therefore, not appropriate to revisit the merits 
of those elements of RPM themselves in this technical conference.
    The following issues to be discussed at the conference were set 
forth by the Commission in Appendix A to the April 20 Order:

I. Variable Resource Requirement

    A. How should the height and slope of the downward sloping demand 
curve be determined? Should the curve be based on the net cost of new 
generation entry, or on other factors such as the value to customers of 
alternative levels of capacity?
    B. If the demand curve is based on the cost of new generation 
entry, what is the cost of new entry?
    C. How should expected revenues from the energy and ancillary 
service markets be estimated and how should they be used to adjust the 
height and slope of the demand curve?
    D. What is the appropriate capacity level at which the capacity 
price should equal the net cost of new entry.
    E. What is the appropriate slope or slopes for various portions of 
the demand curve?
    F. What is the appropriate maximum price and the appropriate 
capacity level at which the price of capacity should fall to zero?

II. Long Term Fixed Resource Adequacy Requirement

    A. What should be the time period for which load serving entities 
(LSEs) must commit to using the long-term fixed resource requirement 
option?
    B. What should be the level of deficiency charge needed to ensure 
compliance?
    C. Should an LSE that fails to procure the full amount of capacity 
be precluded thereafter from using the long-term fixed resource 
requirement option?
    D. How much capacity should the LSE be required to procure under 
this option?
    All attendees will be welcome to participate to the extent 
possible. Parties who will participate in a conference panel will be 
asked to submit written comments of their position on the issues set 
forth above by May 30, 2006. Parties interested in serving on panels 
addressing specific issues may notify the Commission by accessing an 
online form at http://www.ferc.gov/whats-new/registration/pjm-06-07-speaker-form.asp. Please specify which of the topics you propose to 
address. All requests should be submitted on or before May 10, 2006. To 
ensure that all points of view are represented and to help the 
conference move more smoothly and expeditiously, we encourage parties 
sharing the same position on an issue or issues to coordinate their 
efforts and designate one speaker to represent their shared position. 
In place of preliminary presentations from the panelists, staff will 
present questions to the panelists and ask for responses and 
discussion. To the extent that time permits during each panel, staff 
will also take questions or comments from the floor. Facilities for 
real-time PowerPoint presentations will not be available. All parties 
may file post-conference comments on or before June 22, 2006.
    The conference will be transcribed. Transcripts of the conference 
will be immediately available from Ace Reporting Company (202-347-3700 
or 1-800-336-6646) for a fee. They will be available for the public on 
the Commission's eLibrary seven calendar days after FERC receives the 
transcript. The eLibrary is accessible to the public on the Internet at 
http://ferc.fed.us/docs-filing/elibrary.asp.
    FERC conferences are accessible under section 508 of the 
Rehabilitation Act of 1973. For accessibility accommodations please 
send an e-mail to [email protected] or call toll free (866) 208-
3372 (voice) or 202-208-1659 (TTY), or send a FAX to 202-208-2106 with 
the required accommodations.
    All interested parties and staff are permitted to attend the 
conference. For more information about the conference, please contact 
John McPherson by e-mail at [email protected] or by phone at 202-
502-6418.

Magalie R. Salas,
Secretary.
 [FR Doc. E6-6898 Filed 5-5-06; 8:45 am]
BILLING CODE 6717-01-P