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Reliability Pricing Model FAQs


  1. How do I access eRPM?
  2. Where can I find the important RPM deadlines?
  3. Where can I find the RPM demand (VRR) curves?
  4. Where can I find information on the Cost of New Entry?
  5. Where can I find RPM Auction Results (Prices, Commitments, Scaling Factors, Obligations)?
  6. How do I calculate my capacity obligation?
  7. How can a new generation resource participate in RPM?
  8. How can a demand resource participate in RPM?
  9. How can an external resources participate in RPM?
  10. How can I calculate my RPM Credit Requirement?
  11. Where can I find examples of Resource Performance Assessment Penalties?
  12. How can I find answers to my more detailed RPM questions?


Q1: How do I access eRPM?
A1: eRPM is accessed through PJM eSuite.
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Q2: Where can I find the important RPM deadlines?
A2: View the RPM Schedule.
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Q3: Where can I find the RPM demand (VRR) curves?
A3: The RPM Demand Curves can be found for their respective Delivery Years (DY).
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Q4: Where can I find information on the Cost of New Entry?
A4: The value for Cost of New Entry (in ICAP terms) is determined in accordance with the Open Access Transmission Tariff. There may be different values for the Cost of New Entry for different Locational Deliverability Areas.
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Q5: Where can I find RPM Auction Results (Prices, Commitments, Scaling Factors, Obligations)?
A5: The RPM auction results, prices and parameters can be found for their respective Delivery Years (DY). RPM commitments, scaling factors, and obligations can be found by logging into eRPM in eSuite.
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Q6: How do I calculate my capacity obligation?
A6: Your Peak Load Contribution (PLC) is calculated by the Electric Distribution Company (EDC). It is based on your five coincident peaks (5CP) in the PJM RTO. The EDC uploads the PLC into eRPM on a daily basis. eRPM then takes the PLC, from the EDC, and multiplies it by the Daily Zonal Scaling Factor (DZSF) to calculate the Obligation Peak Load (OPL). Then the OPL is multiplied by the Forecast Pool Requirement (FPR) and the Final RPM Zonal Scaling Factor (FRZSF) to calculate the Daily Unforced Capacity Obligation (DUCO).

OPL * FPR * FRZSF = DUCO

The Forecast Pool Requirement (FPR) can be found under the Planning Parameters under the respective DY's. The Obligation Peak Load (OPL), the Daily Unforced Capacity Obligation (DUCO) and the Final RPM Zonal Scaling Factor (FRZSF) can be found on the Load and Obligation screen when you log into eRPM in eSuite.
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Q7: How can a new generation resource participate in RPM?
A7: New generation must be participating in PJM’s Regional Transmission Expansion Planning Process to be eligible to be offered into PJM’s RPM Auctions. It must also have:
  • A start date of Interconnection Service on or before the start of Delivery Year.
  • At a minimum, an executed Impact Study Agreement to participate in a Base Residual Auction.
  • An executed Interconnection Service Agreement to participate in an Incremental Auction.
  • A submitted Capacity Modification transaction in eRPM in “Provisionally Approved” status.
  • Established an RPM Credit Limit prior to an RPM Auction.

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Q8: How can a demand resource participate in RPM?
A8: Load Management Products may be eligible to be offered as a Demand Resource (DR) into RPM Auctions or to be certified as an Interruptible Load for Reliability (ILR) Resource.

Interested parties with Demand Resources should contact PJM prior to the opening of the Auction Window to create a new DR Resource. Once the resource has been created, a DR Modification is submitted by the participant in eRPM and approved by PJM. If the DR is planned, an RPM credit limit must be established with PJM. Once the Auction Window is open, an offer has to be submitted in order for the Demand Resource to be considered in the clearing process. If a commitment is cleared in the auction, individual sites are then registered in PJM’s Load Response application prior to the start of the applicable delivery year.

ILR Resources must be registered in PJM’s Load Response application by March of the upcoming delivery year. The actual date is available. Late registrations will not be considered. Approved ILR registrations will be transferred automatically into eRPM.
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Q9: How can an external resources participate in RPM?
A9: Existing generation located outside the PJM region is eligible if it meets the following requirements:
  • An indication of the intended ATC path to deliver the external capacity into PJM is provided.
  • The unit resides in the eRPM resource portfolio of a signatory of the PJM Operating Agreement.
  • Twelve months of NERC/GADs unit performance data in PJM format is required to establish a unit’s EFORd.
  • The resource owner or operator submits the required operating and maintenance information into PJM’s eDART and eGADs systems.
  • The resource owner or operator performs winter and summer testing to verify the net capability of each unit.
  • The external capacity without firm transmission must establish an RPM Credit Limit prior to an RPM Auction.
  • The resource owner provides a letter of non-recallability.
  • A communication path must be established between the PJM Dispatchers and the operator of the unit.
  • The unit was not specified in any FRR Capacity Plan for the Delivery Year.

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Q10: How can I calculate my RPM Credit Requirement?
A10: The RPM Credit Requirement is only required for planned resources. The RPM Credit Requirement is calculated by multiplying the Auction Credit Rate for that DY by the MW offered into the auction and the RPM Credit Adjustment Factor. The Auction Credit Rate for a particular year is posted under the Planning Parameters posted under the respective DY. The RPM Credit Adjustment Factor is 0.5 if the planned resource has an executed ISA on file at PJM. If the planned resource does not have an executed ISA on file the rate 1.0.
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Q11: Where can I find examples of Resource Performance Assessment Penalties?
A11: There are several examples posted online.
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Q12: How can I find answers to my more detailed RPM questions?
A12: E-mail the RPM Hotline at rpm_hotline@pjm.com.
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