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RPM 201: Resource Participation in PJM Cap Market

The Resource Participation in PJM Capacity Market is one-day training course focusing on the mechanics of supply resources participating in RPM Auctions and transacting capacity bilaterally in PJM. This course is designed for Capacity Market Sellers who need to understand the requirements and mechanics to participate in RPM Auctions or transact capacity bilaterally. An overview of the obligations that result in the Delivery Year when RPM commitments are placed on a unit will be presented.

Course Details


Generation
Curtailment Service Providers
Energy Efficiency Providers
Power Marketers/Traders
In Person
  • Auction Structure
  • Requirements for resource participation & timelines for auction related activities 
  • Changes for 2020/2021 Delivery Year

Generation – Internal/External, Existing/Planned 

  • Must Offer Requirement & Capacity performance Must Offer Requirement
  • Market Seller Offer Cap
  • Minimum Offer Price Rule
  • New Entry Pricing 

Demand Resources – Existing/ Planned

  • Pre-registration Process
  • DR Plans & Officer Certification Form

Energy Efficiency Resources – Existing/Planned

  • EE M&V Plan 

Qualifying Transmission Upgrades (QTUs) 

Aggregate Resource

  • RPM Pre-Auction/Post-Auction Credit Requirements
  • Available Capacity to Offer into Auction
  • Resource-specific Sell Offers
  • Buy Bids in Incremental Auctions
  • Transactions
  • Committed Resource Obligations in Delivery Year
There is no charge to PJM Members. Non-Members are charged a nominal fee. Please contact TrainingSupport@pjm.com for more details.