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 XLS Delivery Years 2025/2026 Date RPM Existing Resource List XLS 4.15.2024 Base Residual Auction Report PDF | Results XLS Scenario Analysis for BRA XLS Supply Curves for Base Residual Auction PDF Planning Period Parameters for Base Residual Auction: Spreadsheet XLS | Report PDF Resources Designated in FRR Plans PDF Transitional System Capability Study Results BRA XLS 8.16.2024 9.24.2024 9.20.2024 8.7.2024 5.22.2023 6.8.2023 Default New Entry MOPR Offer Prices XLS 3.27.2024 Default Gross ACR Values for MOPR and MSOC Purposes XLS 1.14.2024 Winter CIRs XLS 4.19.2024 Base Residual Auction Pre-Auction Credit Calculator XLS 6.5.2024 Aggregate Resource Request Form XLS 6.5.2024 2024/2025 Date Daily Zonal Scaling Factors XLS 11.1.2024 Zonal Allocation of Excess Commitment Credits XLS 5.30.2024 3rd Incremental Auction Report PDF | Results XLS Planning Parameters XLS Pre-Auction Credit Calculator XLS 6.6.2024 6.6.2024 1.30.2024 Remaining Import Limits by LDA XLS 3.12.2024 2024/2025 Disqualified Results - 3IA Report - Informational Posting XLS 6.12.2024 Base Residual Auction Report PDF | Results XLS Scenario Analysis for BRA XLS 6.18.2024 7.9.2024 Supply Curves for Base Residual Auction PDF 6.12.2024 Planning Period Parameters for Base Residual Auction: Spreadsheet XLS 5.9.2024 Resources Designated in FRR Plans PDF 11.8.2022 Winter CIRs XLS 10.14.2022 Aggregate Resource Request Form XLS 10.12.2022 Base Residual Auction Pre-Auction Credit Calculator XLS 9.27.2022 RPM Resource Model XLS 8.26.2022 Default Gross ACR Values for MOPR and MSOC Purposes XLS 7.6.2022 Default New Entry MOPR Offer Prices XLS 7.6.2022 2023/2024 Date Daily Zonal Scaling Factors XLS 5.6.2024 Zonal Allocation of Excess Commitment Credits XLS 4.24.2023 RPM Pricing Points XLS 4.12.2023 3rd Incremental Auction Report PDF | Results XLS Planning Parameters XLS Pre-Auction Credit Calculator XLS 6.22.2023 4.13.2023 2.23.2023 Remaining Import Limits by LDA XLS 4.3.2023 Scenario Analysis for Base Residual Auction XLS 4.26.2023 Base Residual Auction Supply Curves PDF 7.26.2022 Report PDF | Results XLS 6.21.2022 Planning Period Parameters for Base Residual Auction: Spreadsheet XLS | Report PDF 6.21.2022 Winter CIRs XLS 5.24.2022 Resources Designated in FRR Plans PDF 5.19.2022 Resource Model XLS 4.25.2022 Base Residual Auction Capacity Performance Pre-Auction Credit Calculator XLS 3.21.2022 Default Gross ACR Values for MOPR & MSOC Purposes XLS 2.3.2022 Default MOPR Floor Offer Prices for: Default New Entry MOPR Offer Prices XLS 2.3.2022 Market Seller Offer Cap Unit Specific Exception Process PDF 11.17.2021 Aggregate Resource Request Form XLS 10.20.2021 New MOPR 5.14(h-2) Certification Process for 23/24 BRA PDF 9.30.2021 2022/2023 Date Daily Zonal Scaling Factors XLS 5.18.2023 Remaining Import Limits by LDA XLS 8.1.2022 Final Zonal UCAP Obligations, Capacity Prices and CTR Credit Rates XLS 6.3.2022 Unit Specific Transaction Template for Excess Commitment Credits XLS 5.24.2022 Replacement Capacity Transaction Template for Excess Commitment Credits XLS 5.24.2022 Zonal Allocation of Excess Commitment Credits XLS 4.26.2022 3rd Incremental Auction Report PDF | Results XLS Pre-Auction Credit Calculator XLS Planning Parameters XLS 6.1.2022 1.31.2022 3.11.2022 RPM Pricing Points XLS 3.11.2022 CRF Values for APIR Determination PDF 7.12.2021 Scenario Analysis for Base Residual Auction XLS 7.6.2021 Supply Curves for Base Residual Auction PDF 6.10.2021 Base Residual Auction Report PDF | Results XLS 1.6.2022 Resources Designated in FRR PDF 4.23.2021 Aggregate Resource Request Form XLS 4.7.2021 State Subsidy Certification Process for CSPs and EE Providers in Capacity Exchange PDF 4.6.2021 Base Residual Auction Capacity Performance Pre-Auction Credit Calculator XLS 4.2.2021 Resource Model XLS 2.9.2021 Planning Period Parameters for Base Residual Auction PDF 2.8.2021 Planning Period Parameters for Base Residual Auction XLS 5.17.2021 Supporting Files for New Forward-Looking Net EAS Offset Methodology ZIP 1.14.2021 Default Gross ACR for Cleared Capacity Resources with State Subsidy PDF 12.18.2020 Default MOPR Floor Offer Prices for: Certain New Generation that is not State-Subsidized XLS 1.14.2021 4.16.2021 Default MSOC Prices XLS 1.19.2021 State Subsidy Certification Process in Capacity Exchange PDF 12.10.2020 Winter CIRs XLS 5.5.2021 2021/2022 Date Daily Zonal Scaling Factors XLS 5.16.2022 Remaining Import Limits by LDA XLS 4.29.2022 Pricing Points XLS 6.3.2021 Replacement Capacity Transaction Template for Excess Commitment Credits XLS 6.1.2021 Unit Specific Transaction Template for Excess Commitment Credits XLS 6.1.2021 Zonal Allocation of Excess Commitment Credits XLS 4.29.2021 Final Zonal UCAP Obligations, Capacity Prices and CTR Credit Rates XLS 3.5.2021 3rd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 3.5.2021 2.1.2021 3.9.2021 2nd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 7.17.2020 6.9.2020 7.28.2020 1st Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 6.8.2020 8.12.2019 9.23.2019 Scenario Analysis for Base Residual Auction XLS 9.4.2018 Supply Curves for Base Residual Auction PDF 5.8.2019 Base Residual Auction Report PDF | Results XLS 5.23.2018 Winter CIRs XLS 5.16.2018 Planning Period Parameters for Base Residual Auction XLS 5.3.2018 Resources Designated in FRR PDF 5.1.2018 Aggregate Resource Request Form XLS 4.11.2018 Base Residual Auction Capacity Performance Pre-Auction Credit Calculator XLS 4.4.2018 Resource Model XLS 2.1.2018 Planning Period Parameters for Base Residual Auction PDF 2.1.2018 Final Capacity Performance Market Seller Offer Cap Values XLS 1.9.2018 Final Minimum Offer Price Rule Floor Offer Prices XLS 1.9.2018 Zonal Scaling Factors for Use in PRD Plan Preparation XLS 1.3.2018 2020/2021 Date Remaining Imports by LDA XLS 5.3.2021 Daily Zonal Scaling Factors XLS 5.17.2021 Remaining Import & Product Commitments by LDA XLS 12.1.2020 Unit Specific Transaction Template for Excess Commitment Credits XLS 5.20.2020 Replacement Capacity Transaction Template for Excess Commitment Credits XLS 5.20.2020 Zonal Allocation of Excess Commitment Credits XLS 4.15.2020 3rd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Period Parameters XLS 5.13.2020 1.29.2020 1.24.2020 Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS 5.13.2020 2nd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Period Parameters XLS 7.19.2019 6.17.2019 8.14.2019 1st Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Auction Planning Period Parameters XLS 9.21.2018 8.16.2018 10.2.2018 Final MOPR Floor Offer Prices for the Incremental Auctions XLS 7.18.2018 Scenario Analysis for Base Residual Auction XLS 7.26.2017 Planning Period Parameters for Base Residual Auction XLS 5.23.2017 Pricing Points XLS 5.26.2020 Supply Curves for Base Residual Auction PDF 5.8.2019 Base Residual Auction Report PDF | Results XLS 5.23.2017 Resources Designated in FRR Capacity Plans PDF 5.10.2017 Winter CIRs XLS 5.8.2017 Aggregate Resource Request Form XLS 4.21.2017 Base Residual Auction Capacity Performance Pre-Auction Credit Calculator XLS 4.12.2017 MOPR Exemption Requests PDF 3.27.2017 Resource Model XLS 3.20.2017 Planning Period Parameters for Base Residual Auction PDF 2.13.2017 Final Capacity Performance Market Seller Offer Cap Values XLS 1.9.2017 Final MOPR Floor Offer Prices XLS 1.9.2017 Zonal Scaling Factors for Use in PRD Plan Preparation XLS 1.5.2017 Previous Delivery Years 2019/2020 Date Daily Zonal Scaling Factors XLS 5.18.2020 Zonal Allocation of Excess Commitment Credits XLS 4.26.2019 Remaining Import & Product Commitments by LDA XLS 5.1.2020 Pricing Points XLS 5.26.2019 3rd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 12.15.2021 2.1.2019 3.12.2019 Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS 5.13.2020 Final MOPR Floor Offer Prices for the 2nd & 3rd Incremental Auctions XLS 7.18.2018 2nd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 7.20.2018 6.15.2018 1st Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 9.22.2017 8.17.2017 9.22.2017 Scenario Analysis for Base Residual Auction XLS 9.23.2016 Planning Period Parameters for Base Residual Auction XLS 6.10.2016 Supply Curves for Base Residual Auction PDF 5.8.2019 Base Residual Auction Report PDF | Results XLS 5.24.2016 Resources Designated in Fixed Resource Requirement Capacity Plans PDF 5.5.2016 Resource Model XLS 3.17.2016 Base Residual Auction Capacity Performance Pre-Auction Credit Calculator XLS 3.15.2016 Minimum Offer Price Rule Exemption Requests PDF 3.11.2016 Final CP Market Seller Offer Cap Values XLS 2.9.2016 Planning Period Parameters for Base Residual Auction PDF 2.8.2016 Final Minimum Offer Price Rule Floor Offer Prices XLS 1.7.2016 Zonal Scaling Factors for Use in Price Response Demand (PRD) Plan Preparation XLS 1.4.2016 Default Avoidable Cost Rates PDF 12.9.2015 2018/2019 Date Peak Hour Period Availability Calculator XLS 8.28.2019 Remaining Import & Product Commitments by LDA XLS 5.1.2019 Daily Zonal Scaling Factors XLS 12.13.2019 Zonal Allocation of Excess Commitment Credits XLS 4.23.2018 3rd Incremental Auction Results: Report PDF | Results XLS Planning Parameters XLS Capacity Performance Pre-Auction Credit Calculator XLS Minimum Offer Price Rule Floor Offer Prices XLS 3.9.2018 1.31.2018 12.21.2017 Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS 3.9.2018 Pricing Points XLS 3.9.2018 2nd Incremental Auction Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS Planning Parameters XLS 7.21.2017 6.19.2017 7.24.2017 1st Incremental Auction Planning Parameters XLS Report PDF | Results XLS Capacity Performance Pre-Auction Credit Calculator XLS 9.26.2016 9.23.2016 8.19.2016 Scenario Analysis for Base Residual Auction XLS 12.28.2015 Resources Designated in Fixed Resource Request Capacity Plans PDF 11.17.2015 Supply Curves for Base Residual Auction PDF 5.8.2019 Base Residual Auction Report PDF | Results XLS 8.28.2015 Planning Period Parameters for Base Residual Auction XLS 8.27.2015 Net CONE for Capacity Performance Market Seller Offer Caps XLS 7.22.2015 Resource Model XLS 3.19.2015 Minimum Offer Price Rule Floor Offer Prices – Final XLS Exemption Requests PDF 3.13.2015 3.12.2015 Planning Period Parameters for Base Residual Auction PDF 2.6.2015 Participation of Planned Resources in Base Residual Auction Communication PDF 1.28.2015 Joint PJM/IMM Clarification of 1.11.2015 Deadline for Submission of Capacity Performance Information PDF 1.8.2015 Zonal Scaling Factors for Use in Price Response Demand (PRD) Plan Preparation XLS 1.7.2015 Joint PJM/IMM Communication regarding Key Base Residual Auction Activities & Deadlines PDF 12.19.2014 Default Avoidable Cost Rates PDF 12.11.2014 2017/2018 Date Daily Zonal Scaling Factors XLS 5.15.2018 Peak Hour Period Availability Calculator XLS 8.31.2018 3rd Incremental Auction Planning Parameters XLS Report PDF | Results XLS 8.16.2017 6.1.2017 Remaining Limited & Sub-Annual DR Commitment Limits XLS 4.11.2017 Zonal Allocation of Excess Commitment Credits XLS 3.31.2017 Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS 3.10.2017 Pricing Points XLS 3.10.2017 2nd Incremental Auction Planning Parameters XLS Report PDF | Results XLS 7.25.2016 7.28.2016 1st Incremental Auction Planning Parameters XLS Report PDF | Results XLS 9.29.2015 9.25.2015 Transition Incremental Auction Report PDF | Results XLS 11.5.2015 eRPM Display of Capacity Performance (CP) Transition Auction Results by Resource PDF 9.1.2015 Submittal of Sell Offers in the CP Transition Auctions PDF 8.26.2015 Transitional Auction Instructions PDF 8.20.2015 CP Transition Incremental Auctions - Rules, Schedule & Planning Parameters PDF 7.30.2015 Scenario Analysis for Base Residual Auction XLS 9.22.2014 Minimum Offer Price Rule Exemption Requests PDF 7.3.2014 Resources Designated in Fixed Resource Request Capacity Plans PDF 6.20.2014 Supply Curves for Base Residual Auction PDF 5.8.2019 Base Residual Auction Results PDF 6.18.2014 Planning Parameters for Base Residual Auction XLS 6.4.2014 Base Residual Auction Summary & Results XLS 5.23.2014 Resource Model XLS 3.5.2014 Planning Period Parameters for Base Residual Auction PDF 2.5.2014 Minimum Offer Price Rule Floor Offer Prices - Final XLS 1.24.2014 Participation of Planned Resources in Base Residual Auction Communication PDF 1.17.2014 Zonal Scaling Factors for Use in Price Responsive Demand (PRD) Plan Preparation XLS 1.9.2014 Default Avoidable Cost Rates (ACR) PDF 12.5.2013 2016/2017 Date Peak Hour Period Availability Calculator XLS 9.14.2017 Daily Zonal Scaling Factors XLS 5.15.2017 Pricing Points XLS 6.9.2016 3rd Incremental Auction Results XLS Planning Parameters XLS 5.27.2016 3.18.2016 Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS 5.27.2016 Zonal Allocation of Excess Commitment Credits XLS 5.19.2016 eRPM Display of CP Transition Auction Results by Resource PDF 9.1.2015 Transition Incremental Auction Report PDF | Results XLS 11.5.2015 Submittal of Sell Offers in the CP Transition Auctions PDF 8.26.2015 Transitional Auction Instructions PDF 8.20.2015 2nd Incremental Auction Planning Parameters XLS Results XLS 8.3.2015 7.24.2015 CP Transition Incremental Auctions - Rules, Schedule & Planning Parameters PDF 7.30.2015 1st Incremental Auction Offers, Configuration & Planning Parameters XLS 10.10.2014 Planning Parameters for Base Residual Auction XLS 6.4.2014 2015/2016 Date Peak Hour Period Availability Calculator XLS 11.4.2016 Daily Zonal Scaling Factors XLS 5.19.2016 Pricing Points XLS 10.26.2015 Auction Results for All Incremental Auctions & Base Residual Auction XLS 10.1.2015 Final Zonal UCAP Obligations, Capacity Prices, & CTR Credit Rates XLS 10.1.2015 3rd Incremental Auction Planning Parameters XLS Results: PDF 3.25.2015 3.6.2015 2nd Incremental Auction Planning Parameters XLS Results: PDF| XLS 8.4.2014 7.25.2014 2014/2015 Date Peak Hour Period Availability Calculator XLS 9.1.2015 Daily Zonal Scaling Factors XLS 5.15.2015 Pricing Points XLS 6.12.2014 Auction Results for All Incremental Auctions & Base Residual Auction XLS 6.5.2014 Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS 5.28.2014 3rd Incremental Auction Results: PDF | XLS Offers, Configuration & Planning Parameters XLS 3.7.2014 3.7.2014 2nd Incremental Auction Offers, Configuration & Planning Parameters (XLS) 10.7.2013 Base Residual Auction Results: PDF | XLS 5.13.2011 Minimum Offer Price Rule Screen Price for Base Residual Auction XLS 4.13.2011 2013/2014 Date Peak Hour Period Availability Calculator XLS 6.24.2015 Daily Zonal Scaling Factors XLS 5.19.2014 Sensitivity Scenario Requests XLS 7.23.2010 2012/2013 Date 3rd Incremental Auction Planning Parameters XLS 3.9.2012 2011/2012 Date Resources Designated in Fixed Resource Requirement Capacity Plans XLS 7.24.2020 Planning Period Parameters XLS 12.2.2009 2010/2011 Date Resources Designated in Fixed Resource Requirement Capacity Plans XLS 7.24.2020 Daily Zonal Scaling Factors XLS 5.18.2011 2009/2010 Date Resources Designated in Fixed Resource Requirement Capacity Plans XLS 7.24.2020 2008/2009 Date Resources Designated in Fixed Resource Requirement Capacity Plans XLS 7.24.2020 2007/2008 Date Resources Designated in Fixed Resource Requirement Capacity Plans XLS 7.24.2020 Planned Generation Offer Notification Implementation PDF 11.18.2024 Manual Offer Notification WEB THEO, PLC & NSPL Methodology Inventory An inventory of the procedures for calculation of THEO, PLC and NSPL for each of the electric distribution companies. Generator Must Offer Exception Requests for Deactivations and Removal of Capacity Status by DY XLS 11.13.2024 Unit Specific Parameter Adjustment FAQs PDF 2.23.2024 Unit Specific Adjustment Process Overview & Parameter Values PDF 10.24.2023 Commitments by Fuel Type & Delivery Year 2007/08 - 2024/25 XLS 9.20.2024 Resource Clearing Prices Auction Summary XLS 8.13.2024 Unit Specific Adjustment Request Template DY 2024/2025 XLS 10.18.2022 RPM Pricing Points Definitions PDF 3.27.2023 Minimum Offer Price Rule (MOPR) MOPR (5.14 h-2) Certification Process PDF 6.18.2024 MOPR Manual State Support & Buyer Side Market Power Certification Template WEB 2022/2023 BRA MOPR Results XLS 6.18.2021 Market Seller Offer Cap (MSOC) CRF Values for APIR Determination PDF 7.5.2024 Unit Specific MSOC Process & Support Documentation PDF 2.8.2024 Seller Disagreement with Independent Market Monitor PJM Template XLS 2.4.2022 Officer Certification PDF 10.26.2021 Demand Resources & Energy Efficiency Date Demand Resources Sell Offer Plan Template: 2025/2026 | 2026/2027 XLS 10.18.2024 Zones of Concern PDF 7.22.2024 Officer Certification Form PDF 5.28.2024 Energy Efficiency Nominated EE Value Template XLS 7.8.2024 Approved Installation Periods by Auction XLS 4.25.2024 Guidance for MV Plan & Post Installation Report PDF 3.25.2024 Initial Measurement & Verification Plan Template PDF 3.25.2011 Post Installation Measurement and Verification PDF 6.29.2023 Fast Start Capable Request Process FS Capable Adjustment Process Template XLS 1.24.2023 Fast Start Capable Request Process Support Documentation PDF 3.7.2022 Contact PJM (866) 400-8980 (610) 666-8980 Member Relations New to Capacity Market? Date Training Resources | Upcoming Training Market Participation Requirements PDF Capacity Exchange: Sign In | Register | Learn more Capacity Exchange User Guide PDF 5.3.2022 Incremental Auction FAQ PDF 2.25.2019 Base Residual Auction FAQ PDF 10.10.2016 Base Residual Auction Optimization Formulation PDF 12.12.2007 Manuals & Notices Date M-18: PJM Capacity Market WEB | Current | Redline PDF All sections M-18B: Energy Efficiency Measurement & Verification WEB | Current | Redline PDF All sections Generation Resources Date RPM Planned Resource Milestone Certification Forms for Credit Reduction Officer Certification of Financial Close for Balance Sheet Financed Resources DOC Independent Engineer Certification of Milestone DOC External Resource Officer Certification Form PDF 9.22.2022 Non-Recallable Letter (Generic) PDF 12.18.2020 Dynamic Transfers Reimbursement Agreement for Pseudo-Ties PDF 5.17.2017 Non-Retail Behind-the-Meter Generation Amount, Threshold & Ratio Adjustment XLS Non-Retail BTMG Performance PDF New NRBTMG Officer Certification Form PDF 11.19.2024 4.5.2023 10.5.2021 Co-located Load PJM Guidance on Co-located Load PDF 4.23.2024 Non-Performance Assessment Performance Assessment Settlement Summary PDF 10.23.2023 2022-2023 PAI Charge Rates by LDA XLS 12.30.2022 Performance Assessment Interval Balancing Ratios XLS 2.7.2020 Review of October 2019 Performance Assessment Event PDF 4.7.2020 PAI Balancing Ratio: Preliminary | Final Retroactive Replacement Transaction Examples PDF 4.7.2020 External Reports Date Brattle Reports Variable Resource Requirement Curve PDF 5.9.2019 Cost of New Entry Estimates for Combustion Turbine & Combined Cycle Plants PDF 5.9.2019