Markets Exam Resource Materials

PJM Markets Certification SealThe PJM Markets Certification recognizes comprehension of the requirements related to participating in the markets within the PJM RTO. The exam is voluntary and can be taken at several exam testing locations.

Markets Certification Candidate Bulletin PDF
Exam Content Outline PDF

Manuals & User Guides

The following are copies of the PJM manuals supporting the certification testing and may not be a copy of current processes and procedures. You can view current versions of the PJM Manuals.

Balancing Operations PDF
Billing PDF
Capacity Market PDF
Cost Development Guidelines PDF
Emergency Operations PDF
Energy & Ancillary Services Market Operations PDF
Financial Transmission Rights Revision PDF
Load Forecasting & Analysis PDF
Open Access Transmission Tariff Accounting PDF
Operating Agreement Accounting PDF
Rules & Procedures for Determination of Generating Capability PDF
Transmission Service Requests PDF
Markets Gateway - User Guide PDF

Training Material

Note that the following are copies of PJM training presentations that are available as a reference for preparing for the certification exams. The content may not reflect current processes and procedures. You can view current training material on the Training Material page.

Market Optimization Workshop

Objective Function & Production Cost PDF
Unit Commitment & Dispatch PDF
Day-Ahead Market - Generation Schedules & Parameters PDF
Generation Dispatch Rate PDF
Locational Marginal Pricing (LMP) PDF
Generator Contingency Analysis PDF
Two-Settlement PDF
Regulation Market PDF
Reserve Market PDF
Load Payments PDF
Financial Transmission Rights PDF

Market Settlements 101

PJM Membership PDF
eCredit Training PDF
PJM Settlement, Inc. PDF
PJM Billing Process PDF
Member Defaults PDF
Billing Line Items PDF
Billing Line Item Transfer Tool PDF
Power Meter Tool PDF
InSchedule PDF
Schedule 9 & 10 PDF

Market Settlements Advanced

Energy Market PDF
Energy & Transactions Billing Examples PDF
Transmission Services PDF
Operating Reserves PDF
Generation Operating Reserves PDF
Generation Billing Examples PDF
Calculate Energy Under Offer Curve PDF
Generation Synchronized Reserves Billing Examples PDF
Generation Regulation Billing Examples PDF
Demand PDF
Demand Response PDF
Financial Transmission Rights (FTRs) – Auction Revenue Rights (ARRs) PDF
Reliability Pricing Model (RPM) PDF


Objective Function & Production Cost PDF
Generation Dispatch PDF
LMP Components PDF
Financial Transmission Rights (FTRs) PDF

Reliability Pricing Model (RPM)

RPM 101 – Overview of Reliability Pricing Model PDF
RPM 201 – Resource Participation in PJM Capacity Market PDF
RPM 301 – Performance in Reliability Pricing Model PDF

Generation ITP

Dispatch Signal & LMP PDF
Day-Ahead Energy Market PDF
Real-Time Energy Market PDF
Regulation Testing PDF
Reserve Market PDF