Tock, Jennifer

From: adevitisi@gmail.com

Sent: Sunday, September 17, 2017 6:43 AM
To: Took, Jennifer

Subject: Fwd: Re: PJM Letter

using Mnitinorward aerome ?stensionm

From: Frank LaRose

Date: Tue Jun 13 2017 02:43:03 (AEST)

Subject: Re: PJM Letter

To: "Pine,Ty"

Cc: ?Seitz, William? "John Eklund - Calfee, Halter Griswold LLP Anthony DeVitis "Zucal,
Ethan? Chris Oliveti

 

I?m ok with this version of it. Let's get it out. Thanks.

Frank LaRose

330.461.0HIO (6446)

grank??irankta?osecem

On Jun 12, 2017, at 11:30, Pine, Ty wrote:

Good morning, gentlemen.

The attached letter to PJM incorporates the suggestions I received last week. With your permission, I want to work with
your staff to get your signature on the letter today.

Please confirm that your support sending the letter and that I may work with your staff to get signatures.

Thanks.

Ty Pine
614-257?8926

 

The information contained in this message is intended only for the personal and con?dential use of the
recipient(s) named above. If the reader of this message is not the intended recipient or an agent
responsible for delivering it to the intended recipient, you are hereby notified that you have received this
document in error and that any review, dissemination, distribution, or copying of this message is strictly
prohibited. If you have received this communication in error, please notify us immediately, and delete the
original message.

<Legislative response to PJM letter O61217_v2.d0cx>

Took, Jennifer

From: adevitisi@gmail.oom

Sent: Sunday, September 17, 2017 6:44 AM
To: Took, Jennifer

Subject: Fwd: ZEN and PJM

Attachments: 5-31?2017 PJM Letterpdf

using Mt?itimiiorwatci {Streams Extension-n

From: "Pine, Ty"

Date: Tue Jun 06 2017 00:41:07 (AEST)

Subject: ZEN and PJM

To: "John Eklund - Calfee, Halter 8; Griswold LLP "itsnk?frani?iarose.com" Anthony DeVitis

Gentlemen,

I thought you should be familiar with the attached letterfrom PJM. Their comments recognize that PJM only considers
reliability at the least cost without consideration of any other important factors such as resiliency, environmental,
economic development, and fuel security. They also comment that they are at the "sta rting point? for considering ways
to properly value other factors and invite state policy?makers to participate. We want to work with you as sponsors of
the Zero Emitting Nuclear Resource Program to further understand what PJM is considering in terms of policy objectives,
timing and other procedural items.

I will be in contact with your soon on this issue. As always, thanks for your consideration and please let me know if i can
assist you in any way.

Ty Pine

 

The information contained in this message is intended only for the personal and con?dential use of the
recipient(s) named above. If the reader of this message is not the intended recipient or an agent
reSponsible for delivering it to the intended recipient, you are hereby noti?ed that you have received this
document in error and that any review, dissemination, distribution, or c0pying of this message is strictly
prohibited. If you have received this communication in error, please notify us immediately, and delete the
original message.

fit?? idea's-toe titted;
tits: '2 sees;

titers}; hittooe
httottesget? itegotetoee  tooggisietieezeitoirs
    

 

May 31, 2017

Hen. Bill Beagle

The Ohio Senate Public Committee
Senate Building

1 Capitol square, 2nd Fioor

Coldmhus 0H 4321.5-

Hoo. William Seitz

The Ohio House of Representatives Public Committee
77 8. High St

13th Floor

Coiumbus, OH 43215-

RE: H'armoo'izing State Public PolicytObjectiVes with Wholesale Eiecirioity Markets
Dear' Chairmen Boogie and Seitz,

Your Committees are engaged in discussion focusing on electric grid reliability and Ohio?s energy potioy. .PJM would
like to offer a few thoughts relevant to the discussion for your consideration The attached comments focus on: 
the rote of the whoiesale electricity?market-Operated by PM in Ohio and neighboring states; and (2), opportunities for
cooperation to achieve our respective objectives;

to i999, the state adopted a policy embracing competitive electricity markets to bene?t Ohio consumers and
businesses. As the administrator of the-wholeseiemerket's that support the retail market-to Ohio, PJM commits to
working with Ohio policymakers on accommodating the state?s puhiio poiicy goats related to etectrio generation. The
competitive whoiesale electricity markets provide. an effective platform to address such goats in the most ef?cient and
least cost manner for consumers in addition, approach woold ensure-protection for Ohio from the impacts of
public policy initiatives. undertaken by neighboring states that have not been endorsed and adopted by Ohio
poticymekers.

i thank the Committees. for their consideration of these. comments, welcome the-opportunity for continued
engagement, and look toward to meeting with members whowishsto discuss the approaches outlined in our
comments.

Sincereiy.

(at 
Kerry Shag 25?

co: Ohio Senate PresideotLarry Obhof
Ohio House of Representatives Speaker Cliff Rosenberger
Ohio Senate and House Pubiio Committee members

 page intentionally left blank-

 Roi?e of the whoksaie market" operated by PJM

As a regional power grid operator, PJM manages the reliability of the electric-transmission system for. 13 states,
including all of Ohio, and the District ofColumbia. PJM ensures electric reliability across the region we serve through
coordinated real-time operations, regional transmission planning, and competitive electricity markets

The central operation of the electric grid and wholesale electricity market provides; significant value to Ohio
and the region. services produce annual savings of $2.8 billion to $3.1 billion, largely realized through economies
of scale and supply and demand diversity.

ln restructuring Ohio's retail electricity market in 1999, state. policymakers em braced-a competitive market system that
assures ef?cient decisionson entry and exit; at power supply resources. Doing so transferred from captive ratepayers to
generation owners those risks associated with decisions to retain or invest in resources. Ohio directed the state?s
investor-owned'eiectric utilities tojoin Regional Transmission Organizations-such which, among other things,
facilitate entry and exit.

PM is. responsible for-enacting in real time, the operational reliability of'the high voltage, interstate transmission system
and the interconnected generation and load across-the region. Also, over a longer planninghorizon, PM is responsible
for ensuring that infrastructure - both transmission and generation -- is suf?cient to meet, reliably and costreifectively,
the needs of consumers in our region.

The PM regional transmission planning process identi?es transmission infrastructure. given. ever-evolving system
conditions, necessary-to ensure reliable delivery of generation today and'inito the future. Spanning state boundaries
allows regional solutions to come together in: a single, cohesive} optimized plan- Since 1999, the PJM Board has
approved transmission system enhancements totaling $29.3 billion to ensure compliance with the North American
Electric Reliability Corporation, regional or local transmission owner planning criteria, thereby maintaining PJM
transmission system periorrnanCe' at or above established reliability standards.

PJ M's markets work together to ensure real time operational reliability and long'term resource adequacy at the most
ef?cient cost. A forward capacity auction, combined with energy and ancillary service markets? provide price signals
generation owners and developers rely on to determine-entry and exit decisions necessary to ensure reliability. 
markets are agnostic on resource and fuel types, so do not discriminateor favor one technology. or one specific
resource, over another. A recent PJM analysis has con?rmed that the markets are proyidi'ng resource entry and exit
decisions and encouraging technology innovationi.

To ensure enough power supply resources exist to meet future demand, each May PJM holds an auction to. procure
resources for a one-year term. three years into the future. These forward auctions serve as one of several electric
market signals generation owners useto determine entryand exit decisions. The forwardauction has procured-enough
capacity to meet future demand, plus a reserve margin, through May 31,. .2021.

And to address questions regarding fuel diversity given-the growing dependency on gas resources, evaluated the
reliability of potential future resource mix portfolios? The analysis concluded signi?cantly more natural gas- rred
generation could be added to the system before impacting reliability; however, the study also highlighted how risks
(?resilience risks?) growing with the pole?htialindrda'sed dependency on natural gas delivery infrastructure.

marketsproduoe high levels of reliability and investment. In Ohio alone: wholesale market-signals. have spurred
the active development clover 111000 megawatts of new, highly efficient natural gas~?red generation. Powered by Utica

 

1 Resource investment in iCompetr'tltre' trainers; are interconnectiomlulay-S, acre; 
2 Evolving Reso rce Mix and System Reliant-tn March 30; 291?; hi? diner og?mgodenodcestsgecial-

deraillildfi?d sissy loin wresource our nd sternvreliaoriit .asirx

ialil

       

       

s?haie gas,-accordingto project developers; these plants represent over $9.5 billion of investment, in Butler. C-ajrroli!
Colombians, Guernsey; Harrison, Lucas, Pickaway. and ?frontbuti counties.

ii. Opportunities for cooperation to achieve respective objectives

Wholesale electricity markets strive. to deliver ?reliability-at least cost?. The performance of the: market has met this
objective. delivering. high levels of power supply resources at competitive prices Admittedly, however. the marketdoes
not consider other'interests, such as-advancing zero emission generator characteristics.

Establishing a zero emission policy for Ohio, HB lid and SB 128 would provide payments to certain emission free
generation resources, enabling them toroifer bids into the wholesale market atjpn?ces that do. not re?ecttheir actual
costs. mandate is not-to spine-on the merits of the State?s zero. emi's'siongoals-or other State goals that by
supporting legacy generation PM is concerned, however. about how such policies - impiemented through payments
to select generators will_ impact the wholesale electricity markets-and thelr'des'ign objectives. Generation resources
that no: longer nee?d'to rely on the wholesale market to recover all of'their'cost'sare .ena?bled'and incented to submit lower
than cost offers. Offering bids at lower than cost decreases. wholesale market prices for other competitive generation
owners in Ohio, potentially crowding out merchant competition that relies on the market revenues alone-to support
investment, and providing other incumbent generation lower than competitive returns. These consequences would
oblige PM to take steps? to address this harm to market price 'signal'sirt order theft-he Wholesale. markets can continue
tic-assure reliability in Ohio and the rector? the WM region,

The most ef?cient. way to accomplish state policy objectives While retaining-the .reiiabllity and market bene?ts PJM
provides to Ohio is to incorporate such policies directly'into the wholesale market. It is desire to ?nd pragmatic.
workable solutions with policymakers-and market stakeholders. For this reason PJM has developed an approach to
harmonize market rules with public policy objectives for Ohio.

To begin a dialogue with PM states exploring public policy objectives that recognize the value of zero emission
resources such as nuciear? generation, PJM a white paper for consideration? concept allows states
within PJM to yoluntan?iy come together to implement their policy objectives through the wholesaleelectricity market. in
doing so. states gain ef?ciencies by pooling together resources and demand to meet mutual objectives. Likewise. the
wholesale market continues to incent aliiciententry and exit. of generation supply resources, and-sustains economic real
time dispatch oithegeneration resources 'toprovlde reii'able system operations

Such efforts would not necessarily require thirteen states oil to agree. PM is proposing soiotions. that do not force
consumers to subsidize: resources that bene?t neighboring states or, in the converse, {bros Ohio consumers to bear the
consequences of subsidiztng generating units in other states that negatively affect the need for. infrastructure inVestment
in Ohio.

White the white paper is a starting point to work toward a cooperative. approach, much work would be required to bring
something of this nature to fruition. Ehgagementand:cthideraiion by the states within PM, or a subset of such states,
would serve as the initial starting point. We invite Ohio policymakers, other interested partiesto-en'gage with
us in. sucha discussion.

With respect to policies supporting iegacy generation'which may not be economic injtbe wholesale markets, PM is
Working with stakeholders to consideriohanges to its capacity market ruies that would accept state actions to promote
individual generators, but limit the impact that-such actibns would have on'the competitiveness of wholesale
markets and the integrity of the. investment signais thatissue from these markets. P-JM initiated discussion with

 

3 Advancing Zero Emissions appetites through Energy-Markets; 9.3M interconnection: May 2, 201?; 
y-raarkelsaahx. This document will be updated as PJM
receives feedback on the prop'csal..

stakeholderslest Auguat on now to. harmonize the market rules with such policy objectives. We also invite discussion on

this proposal}

Additionally, while. notbeing- considered in response to state policy developments, PM is undertaking another initiative-
ttnat-rney have bearing? on the resources in question under the proposed bills pending before the Hoose?emd Senate:
committees, We are seeking to examinethe rules that-govern. how marginal prices are farmed in our wholesale energy
market to con?rm whether this market is appropriately reflecting a resources-lull oontributioe to operational reliability in
light oiitho dramatically changed resource'mix since 2010.. As stated _obove,_ the markets are providing appropriate
resotirce entry and exit signals overall; this effort is fojcusled on ensuring that: all resource types are compensated fairly-
for the services they provide for grid reliability.

Finally, PJM is reviewing recently introduced bills HB 239 and SB 7155 addressing OVEC generation Our initial
impression is that these bills raise similar wholesale. market impact cancems as HB 178 and SB 128? In' the neart?ermi

?we will seek to gain a more detailed understanding of them through engagement with the. bill sponsors",

 

4 Riki?s Capacity'Ma'rket Reprioing proposal may be. found at 
This document will. be updated as receives feedbaokon the proposal.

Tock, Jennifer

From: ANTHONY DEVITIS <adevitis?l @sboglobal.net>

Sent: Sunday, September 17, 2017 6:56 AM

To: Took, Jennifer

Subject: Fw: Legislative response to PJM letter 06072017 v1 LaRose editspages
Attachments: Legislative response to PJM letter 06072017 v1 LaRose editspagespdf

On Thursday, June 8, 2017 5:31 PM, Anthony DeVitis <adevitis?l wrote:

Sent from my iPhone

 

 
 

  

 

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Took, Jennifer

From: adevitis1@gmail.com

Sent: Sunday, September 17, 2017 6:44 AM

To: Took, Jennifer

Subject: Fwd: Re: PJM Letter

Attachments: Legislative response to PJM letter 06072017 V1 LaRose editspages

using Multi-Forward Chrome 

From: Frank LaRose

Date: Thu Jun 08 2017 23:54:42 (AEST)

Subject: Re: PJM Letter

To: Ty Pine

Cc: "William J. Seitz" Anthony DeVitis John Eklund Chris Oliveti

Attached is the document with a few minor edits which I am proposing to the letter and questions. Thanks, -
Frank

 

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Aa Ema. 3m mar-ram? m1}: E?gfi?z?a?im garma?aa i3 u??imgagg 31% gaging 3mg  is; 
imam: gm?  Emma: Ea; mew?' xii-mm ?ack-3%? mam 321:1 swim ?1r?3   333w
 'm?gi?i; emg?mwn? p?i??y whammy  mm wm?gi?m?m in.  
?wa? au?flia?mii saw qwg?i?mg in; ??a?h?ii ?msumami Wise 193.33% yams? magma 

312m   my: war mag?? 3mm? mea?gm WE: ?mtim?- 'E?xig-  wm?-

Sim:mez?l?g_

 

a- Siam- with  'W?aiiam?a E?Egzizt?ititg ?i?tkgaiig

 

?aw;   ?g  Maggi  @131: Eng agrmm?t :?fgsr a rwg?igm?i awm??

a, ?aw;  haw-a 221 garmhaigg nm?fmr ?ag-Ema ?lm giatzmki agm: a :mg?ggma?.
.a?pgxma?g? ilk? ?st: ?th 

Jiffazml?i 'szgs 526E mares: making-sail; ?n??tim?r aim-mm?
"$293333: mm  {2333mm "Ear ga?l?iag a mg??ma?. 

 Hawi whiz-w  waft: 5% mam 'Wam; 


is  awaw ?ii?mg Wi?g Emw mam, ..?ggi?i?itii gawk an a ratg?iggna}. w?u??mf?s?

 ix; ma:- {m  1:44:17- 3. mgf?gmai mg?t?m max?  mm?i?a timm ?rm: Mia?
 13323:: $2153?qu  tit}: gm: za- ?a-lugi?m 

E43133 gamma: my mm gaswa ti?m wm?i? amvzm?m? 

:35 t?ggi?mi m?utim?? 
33.. 23%" m3,  pmvi??sa: thaw: 331%?33 ma. mp?za?? ?ag:  {a  {bat 
b? HEW [?ag dm. WM mil-mam ??wE iistit mk?- ?Laz? {twist .Egmmti ?wssa 
12. 31:4;   pamwa. Etw??ri SEE mam ?121 mm 535mm?

Hm Wim? a, .mgi?mi gym-? impa?i; 

{13% NM gm??i?  iha?: any" f?gi?ng?. Wi?ti?? "gawruiaz? a mi? {Elia-E"

{Sam WEEK-I yrw?d? gummt?w fhi?ai?: a. mg?mai m?m?m ?swam gfi?z?i?m?? {?ghi? t?n?3   
wammk 
?33123 ?at; ?g ?aw-53mg:- ?3 magi-Erna? wgst?azs? Liam gqnim?gig 
I?m wagng mm  a saf mam 'baarm?t mam ?ags:
f?mm? ?iggmg??ianal ?at 
mthan.  

Wit-mid gh?w mea fm gag-?231: ?33m: "Magi mime
 a 
{35551. Niki $913332. haw  Ema-?at gag?jm?mmi: w?u?n? warka W?g?g? g? I  ?3ng 
W?mm?? gm 333* WEE 3%  arim?mgi?gq

 EVQEE MW: may i?m?mtiw? mamg??g m.  ?g?kis wm?? mmgf??

 ?39:  a, pma?mi T?haw  nmamug ?atmila   'u?k?aww whi?:
rag-magma: a. s?m? ?f umMaingr  WE: mas-mm ?mt iih?i?; 5&1; 'v?ah?l? mi?tfim?? 
'Wg WSW: $13543: '?lhai {faggm??fy Faxi??mimw Wm: ?at: WESWW yr?gg?y

@3311: imma?i? wmkt??i 'W?gg aha-133$ wt: gag-{mi gm}: ?li?
1mm? wilg?

 

ii, H?w WEEK.  ?is-mm-  ?gzrgarr ?hiizc  ?at: imgagtg {kggufh?u gyg?u}? 
mam-m by migth 3mm  mg: hm mtgm??i? 33;? {3333*
pegl?mymakmf??

a, 33m:  Wm aims-a:- gm?m??w: m?amwg 

35$ mg." . ii pram-$323113; :5va mm this games: Ezmtim?m magg all. ?mz?t:
{gee}? wii?. kWh: a??mpvmi 

s2. gins-3r: 31mg}, :wm ?n??m?mams. 3323' awx: makmay git}  ?aai 
 haw-'1': a vaiimf 3% gating m?w?wr-wy in f?i?
i55- W?hm? 5:2; a?m 5:2? 33mg aggm?

   a?:th  $.5ng  ?aw; WMZ Eggs. H5313. watm
?mm i?wu? E?imft ?Ii-131%?  

Ema: gim?. a?dm?w? ?m i?ua?: 5:52 i??mawzrasai  
  $11343. may m5.  jwsi and. m?j?nnaihii??

 ?ne-323$ mm haw any gagging lit}. grim ?m?aimy mm??ry 

6., mm ?aw m- mg?m?g mailimm in: EM E?ajj??gfgf? 

him-:3 ?gs-es: 152:3. mamas:  smu?ty $22: ?agmazitg 

a- ?aw  Emu: any Wm 3:13}: a?mg grim ifmxt?gm 5% ?at: 
nmrimf?

f;  mm ham any ?gm mym?iy zmi?mgm?uimmam in 
mimigy i wt?  .. .. 

3% ??g-?East aggmm? mud; aim-mam Fm? wM-mgi?mai {a -im?;?amma;  
?fgkn?z?u?l??m?  af'gmm  ?rim?? fz??i??f?l  
 aggmwi 55$ mquimdi, claw. EMS a:  imam m? gamma ??ma?l?m
"Eh: aggpatwa??
a-  Hm: b?im?m   maxim .gg. ?xing-magi s?n?img??
Es, Z?a?  haw. any i?iig?g?g?t aim What-i  ?b?ui a
ragi?am? miw?m?'
3.325..   MW: 3.  fay 3 mgme mimim i3 magii?ng?agi in. =??2va?z?ml magi?"
g?r 13%: it mamgm  ?ffh?- aya?i?m fag? all ?f?hi?n limit?
if: ma: magi: Egugigd?cgim  mi: mam: muggi??pai?mmg? @3th  Emmi
afwh?ah aims-a mm: if? ?rs 

av, 13 5mg .sgg?isi: amilmima ?r E?iimi? {Em git-WM 


.33  gm Hams ?x  $35515; highlig??tigdi Wm? ?xkza; right} gmwing; ?at:
1am mt?mg gm; da?wry Em?f?gim?mm. In. mtimat?am have?
m? Wham will ?mm: waggimm ?st:   {hm gm; itingamm.
mii?a??i?y  ahg?iy ?aw-@133, an. 

a?  mm;  ?at gwmma ?hgtg will; imm??; fram tha-
afar: mg?m? Ei??ll?ii??  an u?kwam. rmii'?m?y 
  $315: *?gymrim?mk mega-mam ?wi? 1m may aim Ma?a-533g:
?l??ffi?iiy  Ex} mains-:3 all 23%? ma?a? ?13  am- amt]: mkmii 3mm:
mg?: 
a, 3, murmme ragga-5mm. {?15333 mnmm?
 i? E3 3.. mmum?a ?mi mm?ag?g fm?gmi gm: am?Etg
giw?w mt?w?m??
523-- ifg?g??. $3 a.  Mimi-m dam mmwa?ki? mwumtig maxim: R??f wig:
aim?im m?wma?
 ?3 a. 'Fi?fi??l gm?zgm W??gi? gm: gg?am?? aim :rw?ivts: mi
athiz-g? ?g-?mmEi?: E?i?i? Warming?

183
I

133% am?i??m? ?g m?ivi?g 
wi?  gingEE-?;  i33me Eymvi-dsm
  mqmmi? zini?iaii?sm- ?rm m'szcgE-mal 2m ?mwi E5. aim 
have: waging  that: gamkw?? 13:53.13? it: WM-
3.. i?e?m WM: 9333331: 11:11?- i?EEimixs-r: aim mmgiim? 3&3


  Nazi. ham  garrm?g?? fix; 

'i??azgt aim WM ?lij??m? $2332: waggimi g?ei?g
"-15.25 1.1. W233. m?g? ?hi??g whjam?iwg any?. hmm?j: ?kimm??

ti?? if?ggmij-Ehm {Em ?nial-35mg the: mmgfiingl grim mimiwn; gm mail-1.3m?
. .gmi?tf my mm mg: a ?g
 faith?

 Egg: 3:531:27.? Ei?if??ir 3mm; Fi?: Ems. 3' Qigm?kmf ym?mw  walmmr? mimimg gm
imagm?ng g?gf? mm: mg?im?k

a. 'Wimt again: dam. i?k?i ggmg??hi? miggi??

many?a? mm mm:  ?mmgii?m? an; ?f?u?m
 m?m mmg? Emma mm  

my Wimt ?ngEnW?g; Egg 

 

 

rig? amy mam St?i?n?i?7? "maid; mng?ian?am?. un?mmy?
mh?am iggm?r?weiy mamga gamma