Markets & Operations

Capacity Market (RPM)

PJM's capacity market, called the Reliability Pricing Model, ensures long-term grid reliability by securing the appropriate amount of power supply resources needed to meet predicted energy demand in the future. Learn more about the capacity market at the Learning Center.

View Delivery Year Information
Auction Schedule: XLSWeb Calendar | Add to your calendar

 

Date
Resource Clearing Prices Auctions Summary 2007/08 - 2017/18 XLS
5.12.2015
Commitments by Fuel Type & Delivery Year 2007/08 - 2017/18 XLS
5.29.2014
Base Residual Auction (BRA) vs Incremental Auction (IA) Prices & IA Buy-Back 2008/09-2015/16 XLS
3.10.2014
Pricing Point Definitions PDF
6.17.2012
Annual Penalties by Delivery Year 2007/08 - 2010/11 XLS
9.22.2011

Demand Resources & Energy Efficiency

Date

Demand Resources

 
Operational Resource Flexibility Transition Provision PDF
1.13.2015
Weather Standards for Demand Response Certification PDF
12.11.2014
Zones of Concern PDF
12.1.2014
Sell Offer Plan Officer Certification Form DOC
3.28.2013
Subzonal Load Delivery Areas (LDA) by Zip Code XLS
12.12.2012
Sell Offer Plan Templates  
2018/19 Delivery Year XLS
1.27.2015
2017/18 Delivery Year XLS
2.20.2014
2016/17 Delivery Year XLS
7.14.2014
2015/16 Delivery Year XLS
6.19.2014
2014/15 Delivery Year XLS
1.14.2014

Energy Efficiency

 
Nominated Energy Efficiency Value Template XLS
4.4.2013
Post-Installation Measurement & Verification Report Template PDF
4.4.2012
Energy Efficiency FAQ PDF
3.30.2011
Estimation of Precision for Resource for Aggregated Energy Efficiency Installations Example XLS
3.30.2011
Initial Measurement & Verification Plan Template PDF
3.25.2011

ATSI Integration

Date
Required to be available until 2015
Instructions for Load Serving Entities for 2011/12 & 2012/13 PDF
1.29.2010
Capacity Payment Agreement for Load Serving Entities PDF
1.15.2010
Demand Resources Participation in Fixed Resource Requirement (FRR) Integration Auctions PDF
1.15.2010
Opt-Out Agreement for Load Serving Entities 2011/12 PDF
1.15.2010

Fixed Resource Requests

 
Integration Auction FAQ PDF
2.3.2011
Plan Load Settlements Approach Summary PDF
12.8.2010
Integration Auction Rules PDF
3.11.2010
Capacity Purchase & Sale Agreement: 2011/12 | 2012/13 PDF
3.11.2010

Delivery Years

2015/2016

Date
Auction Results for All Incremental Auctions & Base Residual Auction XLS
5.22.2015
Final Zonal UCAP Obligations, Capacity Prices, & CTR Credit Rates XLS
5.22.2015
3rd Incremental Auction Planning Parameters XLS
3.25.2015
Pricing Points XLS
3.11.2015
3rd Incremental Auction Results: PDF PDF
3.6.2015
2nd Incremental Auction Planning Parameters XLS 
8.4.2014
2nd Incremental Auction Results: PDF PDF| XLS XLS
7.25.2014
1st Incremental Auction Planning Parameters XLS
10.7.2013
1st Incremental Auction Results: PDF PDF| XLS XLS
9.20.2013
Minimum Offer Price Rule (MOPR) Floor Offer Prices XLS
8.9.2013
1st Incremental Auction Applicable Deadlines Reminders Communication PDF
4.12.2013
Sensitivity Scenario Analysis Results XLS
11.9.2012
Supply Curves for Base Residual Auction (BRA) PDF
9.27.2012
Planning Parameters for Base Residual Auction (BRA) XLS
5.22.2012
Base Residual Auction Results: PDF PDF| XLS XLS
5.18.2012
Resources Designated in Fixed Resource Request (FRR) Capacity Plans PDF
4.11.2012
Planning Period Parameters for Base Residual Auction (BRA) - Updated PDF
4.6.2012
Planning Parameters Updates for Base Residual Auction (BRA) PDF
2.16.2012
Preliminary Market Structure Screen PDF
2.7.2012
Minimum Offer Price Rule (MOPR) Screen Price for Base Residual Auction XLS
2.2.2012
Resource Model XLS
2.2.2012
Participation of Planned Resources in Base Residual Auction (BRA) Communication PDF
1.13.2012
Default Avoidable Cost Rates (ACR) PDF
1.13.2012
Early Termination of Duke Energy Ohio, Inc. Election of Fixed Resource Request (FRR) Alternative PDF
12.21.2011
Early Termination of Duke Energy, Inc. Election of Fixed Resource Request (FRR) Alternative - PJM Response PDF
12.21.2011
Notification of Intent to Elect 40 Year Plus Alternative Option PDF
11.29.2011

2012/2013

Date
Peak Hour Period Availability Calculator XLS
9.3.2013
Daily Zonal Scaling Factors XLS
5.15.2013
Pricing Points XLS
11.5.2012
Auction Results for All Incremental Auctions & Base Residual Auction XLS
11.2.2012
Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS
11.2.2012
AEP (Indiana Michigan Power) Capacity Rate - 10.1.2012 Notice PDF
10.17.2012
AEP Final Zone Capacity Rate - 8.8.2012 Notice PDF
9.12.2012
AEP Final Zone Capacity Rate Notice PDF
6.27.2012
Demand Resources Offered & Cleared XLS
6.19.2012
DEOK & ATSI Final Fixed Resource Request (FRR), Daily UCAP Obligations & Load Change Rates XLS
6.12.2012
Zonal Allocation Excess Commitment Credits XLS
3.20.2012
3rd Incremental Auction Results PDF
3.9.2012
3rd Incremental Auction Planning Parameters XLS
3.9.2012
2nd Incremental Auction Results PDF
7.29.2011
2nd Incremental Auction Planning Parameters XLS
7.29.2011
DEOK Fixed Resource Request (FRR) Daily UCAP Oligations XLS
2.1.2011
Default Avoidable Cost Rates PDF
1.19.2011
Resources Designated in Fixed Resource Request (FRR) Capacity Plans PDF
1.6.2011
1st Incremental Auction Planning Parameters XLS
10.18.2010
1st Incremental Auction Results PDF
9.24.2010
ATSI Fixed Resource Request (FRR) Integration Auction Results PDF
3.26.2010
Base Residual Auction (BRA) Mitigated Supply Offers PDF
5.29.2009
Planning Parameters for Base Residual Auction (BRA) XLS
5.22.2009
Base Residual Auction (BRA) Clearing Price Map PDF
5.27.2009
Base Residual Auction (BRA) Results PDF
5.15.2009
Net Cost of New Entry (CONE) for Base Residual Auction (BRA) XLS
4.9.2009
Transmission Upgrades (Expected) XLS
2.20.2009
Planned Demand Resources: Request to Offer into RPM Auctions PDF
2.13.2009
Net Energy & Ancillary Services Offset for Net Cost of New Entry Calculations PDF
2.13.2009
Resource Model XLS
2.13.2009
Preliminary Market Structure Screen XLS
2.3.2009
Upcoming Base Residual Auction (BRA) Opening 5.4.2009 Communication PDF
1.30.2009

2011/2012

Date
Peak Hour Period Availability Calculator XLS
12.12.2012
Daily Zonal Scaling Factors XLS
6.15.2012
AEP Zone Capacity Rate Notice (Revised) PDF
3.16.2012
AEP Zone Capacity Rate Notice PDF
1.4.2012
Pricing Points XLS
12.9.2011
Final Zonal UCAP Obligations & Scaling Factors XLS
12.9.2011
Excess ILR MW & Committment Credits XLS
7.18.2011
3rd Incremental Auction Results PDF
3.11.2011
DQE Fixed Resource Request (FRR) Daily UCAP Obligation XLS
2.1.2011
ATSI Final Daily UCAP Obligations XLS
2.1.2011
DEOK Fixed Resource Request (FRR) Daily UCAP Obligations XLS
2.1.2011
Default Avoidable Cost Rates PDF
1.19.2011
ATSI Fixed Resource Request (FRR) Auction Results PDF
3.26.2010
Planning Period Parameters XLS
12.2.2009
Duquesne (DUQ) Settlement Information PDF
7.20.2009
1st Incremental Auction Results PDF
6.15.2009
Mitigated Supply Offers for Base Residual Auction (BRA) PDF
10.7.2008
Base & Final Zonal Scaling Factors PDF
9.10.2008
Resources Designated in Fixed Resource Request (FRR) Capacity Plans PDF
5.21.2008
Capacity by State and Fuel Type PDF
5.20.2008
Demand Resource Offers by Zone PDF
5.20.2008
Base Residual Auction Results: PDF PDF| XLS XLS
5.15.2008
Resource Model XLS
4.28.2008
Preliminary Market Structure Screen PDF
2.4.2008
Duquesne Light Letter of Withdraw to FERC & PJM PDF
2.1.2008
Transmission Upgrades (Expected) XLS
2.1.2008
Upcoming Base Residual Auction (BRA) Opening 5.5.2008 Communication PDF
2.1.2008
Net Cost of New Entry (CONE) Proposed Update XLS
12.4.2007

Contact PJM

(866) 400-8980
(610) 666-8980
Member Relations

Website Feedback

New to Capacity Market?

Date

Auctions

 
Incremental Auction FAQ PDF
12.11.2014
Base Residual Auction FAQ PDF
12.5.2014
Base Residual Auction Optimization Formulation PDF
12.12.2007

Capacity Performance

 
Enhanced Liaison Committee - Capacity Performance  
Issue Tracking  
WebEx Training PDF
3.17.2015
Capacity Performance Updated Proposal PDF
11.3.2014
Problem Statement on PJM Capacity Performance Definition PDF
8.1.2014
Training: Materials | Upcoming Training  
eRPM: LoginRegister | Learn more  

Generation Resources

Date

Peak Hour Period Availability

 
Preliminary Requests for Exemption to Must-Offer Requirement Based on Proposed Deactivation 2017/18 & 2018/19 XLS
5.8.2015
Peak Hour Period Availability Charge/Credit FAQ PDF
12.11.2014
Capacity Import Limit Exception Officer Certification Form PDF
12.5.2014
Non-Recallable Letter (Generic) PDF
5.7.2014
External Resource Must-Offer Agreement for Capacity Import Limits Exception PDF
4.29.2014
Reimbursement Agreement for Pseudo-Ties PDF
4.29.2014
Non-Diversion Agreement PDF
4.16.2014
Implementation of Peak Hour Period Availability (PHPA) Enhancement PDF
8.23.2010
Dynamic Transfers  

Manuals & Notices

Date
M-18: PJM Capacity Market
CurrentRedline PDF All sections
M-18B: Energy Efficiency Measurement & Verification
CurrentRedline PDF All sections
Capital Recovery Factors (CRF) Clarification PDF
4.15.2011

External Reports

Date
Brattle Reports
Variable Resource Requirement Curve PDF
5.15.2014
Cost of New Entry Estimates (CONE) for Combustion Turbine & Combined Cycle Plants PDF
5.15.2014
Brattle/MISO Capacity Market Seam Report - Initial PJM Comments PDF
12.15.2011
Second Performance Assessment of PJM’s Reliability Pricing Model PDF
8.29.2011
Cost of New Entry Estimates (CONE) for Combustion Turbine & Combined Cycle Plants PDF
8.26.2011

Duke Integration

Date
Required to be available until 2015
Submitting Opt-Out Resource Plans Instructiuons 2011/12-2014/15 PDF
3.24.2011
Load Serving Entities Instructions 2011/12-2013/14 PDF
3.10.2011
Fixed Resource Request (FRR) Plan Load Settlements Approach Summary PDF
2.24.2011
Demand Response Integration Business Rules for Partial Delivery Year 2011/12 (Jan-May 2012) PDF
2.11.2011

Capacity Payment Agreements

 
2014/15 PDF
3.23.2011
2013/14 PDF
3.23.2011
2012/13 PDF
3.23.2011
2011/12 PDF
3.23.2011