The PJM Tariff currently contemplates the award of Firm Withdrawal Rights (FWRs) and Firm Injection Rights (FIRs) for two categories of merchant transmission projects: Controllable A.C. Merchant Transmission Facilities and Controllable D.C. Merchant Transmission Facilities. PJM is interpreting this as including only Variable Frequency Transmission technology; projects employing Phase Angle Regulator (PAR) technology cannot currently qualify as Controllable A.C. Merchant Transmission Facilities and thus are not entitled to an award of FWRs or FIRs.