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.

Auction Schedule: XLSWeb Calendar | Add to your calendar

Delivery Years

2015/2016

Date
Daily Zonal Scaling FactorsXLS
8.17.2015
Pricing PointsXLS
5.29.2015
Auction Results for All Incremental Auctions & Base Residual AuctionXLS
5.22.2015
Final Zonal UCAP Obligations, Capacity Prices, & CTR Credit RatesXLS
5.22.2015
3rd Incremental Auction Planning ParametersXLS
3.25.2015
3rd Incremental Auction Results: PDFPDF
3.6.2015
2nd Incremental Auction Planning ParametersXLS 
8.4.2014
2nd Incremental Auction Results: PDFPDF| XLSXLS
7.25.2014
1st Incremental Auction Planning ParametersXLS
10.7.2013
1st Incremental Auction Results: PDFPDF| XLSXLS
9.20.2013
Minimum Offer Price Rule Floor Offer PricesXLS
8.9.2013
1st Incremental Auction Applicable Deadlines Reminders CommunicationPDF
4.12.2013
Sensitivity Scenario Analysis ResultsXLS
11.9.2012
Supply Curves for Base Residual AuctionPDF
9.27.2012
Planning Parameters for Base Residual AuctionXLS
5.22.2012
Base Residual Auction Results: PDFPDF| XLSXLS
5.18.2012
Resources Designated in Fixed Resource Request Capacity PlansPDF
4.11.2012
Planning Period Parameters for Base Residual Auction - UpdatedPDF
4.6.2012
Planning Parameters Updates for Base Residual AuctionPDF
2.16.2012
Preliminary Market Structure ScreenPDF
2.7.2012
Minimum Offer Price Rule Screen Price for Base Residual AuctionXLS
2.2.2012
Resource ModelXLS
2.2.2012
Participation of Planned Resources in Base Residual Auction CommunicationPDF
1.13.2012
Default Avoidable Cost Rates (ACR)PDF
1.13.2012
Early Termination of Duke Energy Ohio, Inc. Election of Fixed Resource Request AlternativePDF
12.21.2011
Early Termination of Duke Energy, Inc. Election of Fixed Resource Request Alternative - PJM ResponsePDF
12.21.2011
Notification of Intent to Elect 40 Year Plus Alternative OptionPDF
11.29.2011

2012/2013

Date
Peak Hour Period Availability CalculatorXLS
6.24.2015
Daily Zonal Scaling FactorsXLS
5.15.2013
Pricing PointsXLS
11.5.2012
Auction Results for All Incremental Auctions & Base Residual AuctionXLS
11.2.2012
Final Zonal UCAP Obligations, Capacity Prices & CTR Credit RatesXLS
11.2.2012
AEP (Indiana Michigan Power) Capacity Rate - 10.1.2012 NoticePDF
10.17.2012
AEP Final Zone Capacity Rate - 8.8.2012 NoticePDF
9.12.2012
AEP Final Zone Capacity Rate NoticePDF
6.27.2012
Demand Resources Offered & ClearedXLS
6.19.2012
DEOK & ATSI Final Fixed Resource Request, Daily UCAP Obligations & Load Change RatesXLS
6.12.2012
Zonal Allocation Excess Commitment CreditsXLS
3.20.2012
3rd Incremental Auction ResultsPDF
3.9.2012
3rd Incremental Auction Planning ParametersXLS
3.9.2012
2nd Incremental Auction ResultsPDF
7.29.2011
2nd Incremental Auction Planning ParametersXLS
7.29.2011
DEOK Fixed Resource Request Daily UCAP OligationsXLS
2.1.2011
Default Avoidable Cost RatesPDF
1.19.2011
Resources Designated in Fixed Resource Request Capacity PlansPDF
1.6.2011
1st Incremental Auction Planning ParametersXLS
10.18.2010
1st Incremental Auction ResultsPDF
9.24.2010
ATSI Fixed Resource Request Integration Auction ResultsPDF
3.26.2010
Base Residual Auction Mitigated Supply OffersPDF
5.29.2009
Planning Parameters for Base Residual AuctionXLS
5.22.2009
Base Residual Auction Clearing Price MapPDF
5.27.2009
Base Residual Auction ResultsPDF
5.15.2009
Net Cost of New Entry (CONE) for Base Residual AuctionXLS
4.9.2009
Transmission Upgrades (Expected)XLS
2.20.2009
Planned Demand Resources: Request to Offer into RPM AuctionsPDF
2.13.2009
Net Energy & Ancillary Services Offset for Net Cost of New Entry CalculationsPDF
2.13.2009
Resource ModelXLS
2.13.2009
Preliminary Market Structure ScreenXLS
2.3.2009
Upcoming Base Residual Auction Opening 5.4.2009 CommunicationPDF
1.30.2009

 

Date
Commitments by Fuel Type & Delivery Year 2007/08 - 2018/19XLS
8.28.2015
Resource Clearing Prices Auctions Summary 2007/08 - 2017/18XLS
5.12.2015
Base Residual Auction vs Incremental Auction (IA) Prices & IA Buy-Back 2008/09-2015/16XLS
3.10.2014
Pricing Point DefinitionsPDF
6.17.2012
Annual Penalties by Delivery Year 2007/08 - 2010/11XLS
9.22.2011

Demand Resources & Energy Efficiency

Date

Demand Resources

 
Operational Resource Flexibility Transition ProvisionPDF
1.13.2015
Weather Standards for Demand Response CertificationPDF
12.11.2014
Zones of ConcernPDF
12.1.2014
Sell Offer Plan Officer Certification FormDOC
3.28.2013
Subzonal Load Delivery Areas (LDA) by Zip CodeXLS
12.12.2012
Sell Offer Plan Templates  
Instructions for Demand Response Sell Offer Plans for Capacity Performance Transition AuctionsPDF
8.3.2015
Capacity Performance Transition Auction: 2017/2018 | 2016/2017XLS
8.3.2015
2018/19 Delivery YearXLS
1.27.2015
2017/18 Delivery YearXLS
2.20.2014
2016/17 Delivery YearXLS
6.17.2015
2015/16 Delivery YearXLS
6.19.2014
2014/15 Delivery YearXLS
1.14.2014

Energy Efficiency

 
Sell Offer Plans for Capacity Performance Transition Incremental AuctionsPDF
8.5.2015
Sell Offer Plan Template for Capacity Performance Transition Auction:
2016-2017 | 2017-2018XLS
8.5.2015
Nominated Energy Efficiency Value TemplateXLS
4.4.2013
Post-Installation Measurement & Verification Report TemplatePDF
4.4.2012
Energy Efficiency FAQPDF
3.30.2011
Estimation of Precision for Resource for Aggregated Energy Efficiency Installations ExampleXLS
3.30.2011
Initial Measurement & Verification Plan TemplatePDF
3.25.2011

ATSI Integration

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

Fixed Resource Requests

 
Integration Auction FAQPDF
2.3.2011
Plan Load Settlements Approach SummaryPDF
12.8.2010
Integration Auction RulesPDF
3.11.2010
Capacity Purchase & Sale Agreement:
2011/12 | 2012/13PDF
3.11.2010

Contact PJM

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

Website Feedback

New to Capacity Market?

Date

Auctions

 
Incremental Auction FAQPDF
12.11.2014
Base Residual Auction FAQPDF
12.5.2014
Base Residual Auction Optimization FormulationPDF
12.12.2007

Capacity Performance

 
Enhanced Liaison Committee - Capacity Performance  
Issue Tracking  
FAQsXLS
8.21.2015
Unit Specific Parameter Adjustment FAQsPDF
7.29.2015
Capacity Performance at a GlancePDF
7.23.2015
Training - Capacity Performance for Capacity Sellers: PresentationPDF 
7.8.2015
June 2015 Parameter LimitationsPDF
6.12.2015
Performance Assessment Hours for 2011-2014XLS
3.23.2015
Historical Performance Assessment Hours FAQsXLS
3.23.2015
Updated ProposalPDF
11.3.2014
Problem Statement on PJM Capacity Performance DefinitionPDF
8.1.2014
Training: Materials | Upcoming Training  
eRPM: Sign InRegister | Learn more  

Generation Resources

Date

Peak Hour Period Availability

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

Manuals & Notices

Date
M-18: PJM Capacity Market
CurrentRedlinePDF All sections
M-18B: Energy Efficiency Measurement & Verification
CurrentRedlinePDF All sections
Capital Recovery Factors (CRF) ClarificationPDF
4.15.2011
RPM Planned Resource Milestone Certification Forms for Credit Reduction:
Officer Certification of Financial Close for Balance Sheet Financed ResourcesDOC
Independent Engineer Certification of MilestoneDOC
 

External Reports

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

Duke Integration

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

Capacity Payment Agreements

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