KWA |
Issue/Topic |
Progress |
Status |
1 |
Procurement of Clean Resource Attributes
Determine whether a forward procurement of clean resource attributes should be pursued, and investigate the inclusion of the Social Cost of Carbon in PJM markets.
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The RASTF endorsed the procurement of clean resource attribute issue charge that was presented at the RASTF meeting on March 14, 2022. The issue charge was endorsed at the MRC on April 27, 2022. This topic will be addressed in the Clean Attribute Procurement Senior Task Force.
This topic will be addressed in the Clean Attribute Procurement Senior Task Force.
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RASTF Key Work Activity Complete |
2 |
Reliability Risk and Risk Drivers
Determine the types of reliability risks and risk drivers to be considered by the capacity market and how they should be accounted for.
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Stakeholders have begun the CBIR process on this Key Work Activity and have contributed interests, design components, and options.
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
3 |
Procurement Metric and Level
Determine the desired procurement metric and level to maintain the desired level of reliability.
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Stakeholders have begun the CBIR process on this Key Work Activity and have contributed interests, design components, and options.
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
4 |
Performance Assessment
Determine the performance expected from a capacity resource.
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Stakeholders have begun the CBIR process on this Key Work Activity and have contributed interests, design components, and options.
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
5 |
Qualification and Accreditation
Determine the qualification and accreditation of capacity resources.
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Stakeholders have begun the CBIR process on this Key Work Activity and have contributed interests, design components, and options.
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
6 |
Obligations of Capacity Resources
Determine the desired obligations of capacity resources
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Stakeholders have begun the CBIR process on this Key Work Activity and have contributed interests, design components, and options.
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
7 |
Enhancements to the Capacity Procurement Process
Determine if there are needed enhancements to the capacity procurement process.
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Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
8 |
Remaining Design Seasonal Resource Adequacy Construct
As applicable, determine any remaining design details for a seasonal capacity market construct not addressed in other KWAs. |
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts/Solution Options for Seasonal Construct
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9 |
Supply-Side Market Power Mitigation Rules
Determine if supply-side market power mitigation rules in the capacity market need to be enhanced.
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The RASTF worked on the Market Seller Offer Cap (MSOC) related to this key work activity. MSOC items were intended to focus on targeted issues identified by the group with the current MSOC process and calculations to be addressed as soon as practicable for upcoming RPM auctions.
A narrow MSOC package and broader MSOC packages were endorsed by the RASTF, but failed at the MRC.
Stakeholders are presenting and discussing high-level conceptual designs through Q4 2022 to help inform the continued CBIR solution options and package work (detailed designs) targeted for Q1 2023.
|
High-Level Design Concepts / Solution Options |
10 |
Fixed Resource Requirement (FRR) Rules
Determine if the Fixed Resource Requirement (FRR) rules need to be synchronized with any changes made.
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Stakeholders will address this Key Work Activity when appropriate to review the FRR rules and synchronize with any changes coming out of the RASTF.
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