[Federal Register Volume 71, Number 100 (Wednesday, May 24, 2006)]
[Notices]
[Pages 29950-29951]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-7899]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

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


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

May 17, 2006.
    As announced in the Notice of Staff Technical Conference issued on 
May 1, 2006 and in the Commission's April 20, 2006 Order,\1\ the 
Commission staff will hold a technical conference on Wednesday, June 7 
and Thursday, June 8, 2006 at the Federal Energy Regulatory Commission, 
888 First Street, NE., Washington, DC. 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 in principle by the 
Commission in the April 20 Order. On June 7, the discussion will focus 
on the parameters of the variable resource requirement, and on June 8, 
the discussion will shift to the issue of long term fixed resource 
adequacy requirement. This supplemental notice provides additional 
information and an agenda for both days. The conference will be open 
for the public to attend. The conference will be held in the Commission 
Meeting Room.
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    \1\ PJM Interconnection, L.L.C., 115 FERC ] 61,079 (2006) (April 
20 Order).
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    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. 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.
    For further information regarding this conference, contact John 
McPherson at [email protected].

Magalie R. Salas,
Secretary.

Attachment--Reliability Pricing Model in PJM

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

    June 7-8, 2006.

Technical Conference Agenda \2\
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    \2\ Both this schedule and the list of panelists may change. The 
Commission will issue a further notice of such changes if time 
permits.
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June 7, 2006 (9 a.m. to 5 p.m. (EST))

Panel I: Variable Resource Requirement
    Panelists:
     Mr. Hisham Choueiki, Senior Energy Specialist, Public 
Utilities Commission of Ohio.
     Dr. Benjamin Hobbs on behalf of PJM.
     Mr. Ezra Hausman on behalf of the Coalition of Consumers 
for Reliability (CCR).
     Mr. Andrew Ott, Vice President of Market Services, PJM.
     Mr. Seth Parker on behalf of Midwest Generation, Edison 
Mission Energy, Consolidated Edison Energy, Conectiv Energy Supply and 
Constellation Energy Commodities Group.
     Mr. Raymond Pasteris on behalf of PJM.
     Mr. Matthew Picardi on behalf of Coral Power L.L.C.
     Mr. Robert Stoddard on behalf of Mirant parties.
     Mr. Jonathan Wallach on behalf of CCR.
    Issues:
    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

[[Page 29951]]

cost of new entry? How should these costs be determined?
    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?

June 8, 2006 (9 a.m. to 5 p.m. (EST))

Panel II. Long Term Fixed Resource Adequacy Requirement
    Panelists:
     Mr. Craig Baker, Senior Vice President, Regulatory 
Services, American Electric Power Service Corporation (AEP).
     Mr. Robert Bradish, Vice President, Transmission and 
Market Analysis, AEP.
     Mr. John Horstmann, Director of RTO Affairs, the Dayton 
Power and Light Company.
     Ms. Elizabeth Moler, Executive Vice President Government 
and Environmental Affairs and Public Policy, Exelon Corporation.
     Mr. Andrew Ott, Vice President of Market Services, PJM.
     Dr. Roy Shanker on behalf of PSEG Companies, FPL Energy 
L.L.C., Reliant Energy Inc., Constellation, Dominion Resources Services 
Inc.
     Mr. Robert Stoddard on behalf of Mirant parties.
     Mr. Stephen Wemple, Director, Retail and Regulatory 
Affairs, Consolidated Edison Energy.
    Issues:
    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?

[FR Doc. E6-7899 Filed 5-23-06; 8:45 am]
BILLING CODE 6717-01-P