PJM proposes to establish a daily Demand Bid Limit for each LSE by transmission zone. Daily Demand Limit would be the greater of 30% or 10 MW above the LSE’s calculated Zonal Peak Load Reference Point for the operating day. For transparency, PJM intends to make available to each LSE its Zonal Peak Load Reference Point or Demand Bid Limit for each transmission zone two days prior to the applicable operating day. Demand bids in excess of the limit would not be accepted into the Day-ahead market system. Exception requests could be authorized.