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Issue Details

Load Reconciliation Process

Prior to 2015, load reconciliation charges were not applied to emergency energy, emergency load response, and balancing operating reserve deviations. Through the stakeholder process, consensus was reached to include the impact of the reconciled megawatts for these three charge types. However, the related settlement calculations were not addressed by creating new load reconciliation billing line items, but rather by factoring the reconciled megawatts directly into these billing calculations as an adjustment to the applicable previously billed month. PJM is currently working on a technology upgrade project for the Market Settlement Calculation System. Through this project, the opportunity is available to remove the stand alone load reconciliation charge calculations and instead factor the reconciled megawatts directly into the billing calculations as an adjustment to the applicable previously billed month. This would result in a consistent set of settlement calculations

Issue Details

Strategic Focus Area: Markets
Issue Status: Emerging
Stakeholder Body: Market Settlements Subcommittee
Stakeholder Process Status: Approved
Issue Catalyst: PJM
Date Created: 10.16.2019
MC Approval Date:
Target Completion Date: 3.31.2020
Actual Completion Date:
FERC Filing(s): TBD
Agreement Change(s):
Manual Change(s): No
MC Annual Plan: 2020