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 XLS

Delivery Years

2022/2023


Date
Remaining Import Limits by LDA XLS
 
Daily Zonal Scaling Factors XLS
11.15.2022
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 PDFResults 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 PDFResults XLS
Capacity Performance Pre-Auction Credit Calculator XLS
Planning Parameters XLS

7.20.2018
6.15.2018

1st Incremental Auction
Report PDFResults 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 PDFResults 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 PDFResults 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 PDFResults 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 PDFResults 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 PDFResults 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 PDFResults 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 PDFResults XLS
7.25.2016
7.28.2016
1st Incremental Auction
Planning Parameters XLS
Report PDFResults XLS
9.29.2015
9.25.2015
Transition Incremental Auction
Report PDFResults 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 PDFResults 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
Sensitivity Scenario Analysis Results XLS
8.27.2013
Supply Curves for Base Residual Auction PDF
7.29.2013
Resources Designated in Fixed Resource Request Capacity Plans PDF
5.31.2013
Base Residual Auction Results:  PDF | XLS
5.24.2013
Minimum Offer Price Rule Exemption Requests for Base Residual Auction PDF
5.8.2013
NEPA-Contingent Sell Offers for Base Residual Auction Communication PDF
5.8.2013
Minimum Offer Price Rule Implementation Communication PDF
5.7.2013
Applicable Deadlines Reminders for Base Residual Auction Communication PDF
2.21.2013
Resource Model XLS
2.8.2013
Planning Period Parameters for Base Residual Auction PDF
2.1.2013
Participation of Planned Resources for Base Residual Auction Communication PDF
12.18.2012
Minimum Offer Price Rule
Floor Offer Prices - Preliminary XLS
Exemption Information PDF
2.12.2013
12.12.2012
Default Avoidable Cost Rates (ACR) XLS
12.7.2012
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
1st Incremental Auction
Planning Parameters XLS
Results: PDF | XLS
10.7.2013
9.20.2013
Minimum Offer Price Rule 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 PDF
9.27.2012
Planning Parameters for Base Residual Auction XLS
5.22.2012
Base Residual Auction Results: PDF| XLS
5.18.2012
Resources Designated in Fixed Resource Request Capacity Plans PDF
4.11.2012
Planning Period Parameters for Base Residual Auction - Updated PDF
4.6.2012
Planning Parameters Updates for Base Residual Auction PDF
2.16.2012
Preliminary Market Structure Screen PDF
2.7.2012
Minimum Offer Price Rule Screen Price for Base Residual Auction XLS
2.2.2012
Resource Model XLS
2.2.2012
Participation of Planned Resources in Base Residual Auction 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 Alternative PDF
12.21.2011
Early Termination of Duke Energy, Inc. Election of Fixed Resource Request Alternative - PJM Response PDF
12.21.2011
Notification of Intent to Elect 40 Year Plus Alternative Option PDF
11.29.2011
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
Results: PDF | XLS
10.7.2013
7.26.2013
1st Incremental Auction
Applicable Deadlines Reminders Communication PDF
Results: PDF | XLS
Planning Parameters XLS
3.14.2013
9.21.2012
8.10.2012
Sensitivity Scenario Analysis Results XLS
10.25.2011
Base Residual Auction Results: PDF | XLS
5.13.2011
Minimum Offer Price Rule Screen Price for Base Residual Auction XLS
4.13.2011
Resource Model XLS
2.1.2011
2013/2014
Date
Peak Hour Period Availability Calculator XLS 
6.24.2015
Daily Zonal Scaling Factors XLS
5.19.2014
DEOK Fixed Resources Request Daily UCAP Obligations XLS
5.16.2013
Pricing Points XLS
3.22.2013
Zone Allocation of Excess Commitment Credits XLS
3.22.2013
3rd Incremental Auction
Planning Parameters XLS
Results: PDF | XLS
3.22.2013
3.8.2013
EKPC Fixed Resource Request Daily UCAP Obligations XLS
3.11.2013
Final Zonal UCAP Obligations, Capacity Prices & CTR Credit Rates XLS
3.8.2013
2nd Incremental Auction
Planning Parameters XLS
Results: PDF | XLS
9.27.2012
7.27.2012
Sensitivity Scenario Requests XLS
7.23.2010
2012/2013
Date
Peak Hour Period Availability Calculator XLS
6.24.2015
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 Notice
8.8.2012 Notice PDF
Original Notice PDF
9.12.2012
6.27.2012
Demand Resources Offered & Cleared XLS
6.19.2012
DEOK & ATSI Final Fixed Resource Request, Daily UCAP Obligations & Load Change Rates XLS
6.12.2012
Zonal Allocation Excess Commitment Credits XLS
3.20.2012
3rd Incremental Auction
Results PDFPlanning Parameters XLS
3.9.2012
2011/2012
Date
Resources Designated in Fixed Resource Requirement Capacity Plans XLS
7.24.2020
Peak Hour Period Availability Calculator XLS
12.12.2012
Daily Zonal Scaling Factors XLS
6.15.2012
AEP Zone Capacity Rate Notice
Revised PDF
Original PDF
3.16.2012
1.4.2012
Pricing Points XLS
12.9.2011
Final Zonal UCAP Obligations & Scaling Factors XLS
12.9.2011
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

 

THEO, PLC & NSPL Methodology Inventory
An inventory of the procedures for calculation of THEO, PLC and NSPL for each of the electric distribution companies.
 
Commitments by Fuel Type & Delivery Year 2007/08 - 2023/24 XLS
6.21.2022
Resource Clearing Prices Auction Summary XLS
3.28.2022
2022/2023 BRA MOPR Results XLS 
6.18.2021
Minimum Offer Price Rule (MOPR)  
MOPR (5.14 h-2) Certification Process PDF   12.7.2022
MOPR Manual State Support & Buyer Side Market Power Certification Template XLS   12.7.2022
Market Seller Offer Cap (MSOC)  
Unit Specific MSOC Process & Support Documentation PDF 2.23.2022
Seller Disagreement with Independent Market Monitor PJM Template XLS 2.4.2022
Officer Certification PDF 10.26.2021
CRF Values for APIR Determination PDF
7.12.2021

Demand Resources & Energy Efficiency

Date

Demand Resources

 
Zones of Concern PDF
7.27.2022
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 Template XLS
5.6.2022

Energy Efficiency

 
Post-Installation Measurement & Verification Report Template PDF
4.4.2012
Initial Measurement & Verification Plan Template PDF
3.25.2011
Nominated EE Value Template XLS
9.12.2022






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
Unit Specific Parameter Adjustment FAQs PDF
10.18.2022
Unit Specific Adjustment Request Template DY 2023/2024 XLS
10.18.2022

Manuals & Notices

Date
M-18: PJM Capacity Market
WEBCurrentRedline PDF All sections
M-18B: Energy Efficiency Measurement & Verification
WEBCurrentRedline PDF All sections

Generation Resources

Date
PJM Rules on the Siting of New Load Behind the Meter of Existing Generation PDF
5.27.2022
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
Non-Retail Behind-the-Meter
New NRBTMG Officer Certification Form PDF
Generation Amount, Threshold & Ratio Adjustment XLS

10.5.2021
11.29.2022
Requests for Exception to Must-Offer Requirement Based on Proposed Deactivation 2017/18 – 2024/25 XLS
10.18.2022
External Resource
Officer Certification Form PDF
 
9.22.2022
Non-Recallable Letter (Generic) PDF
12.18.2020
Dynamic Transfers  
Pseudo-Tie Units Commitment Data 2017/18 -2020/21 DYs XLS
10.18.2017
Reimbursement Agreement for Pseudo-Ties PDF
5.17.2017
PAI Balancing Ratio: Preliminary | Final
 

Non-Performance Assessment

 
Performance Assessment Settlement Summary PDF  5.26.2022
Performance Assessment Interval Balancing Ratios XLS
 2.7.2020
Review of October 2019 Performance Assessment Event 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