Learn More >
or
Close X
It looks like you have JavaScript disabled.
For the best experience, please enable JavaScript.
or
It looks like you have JavaScript disabled and you’re using an outdated browser, which PJM no longer supports.
For the best experience, please enable JavaScript and upgrade to a modern browser.
or
Sign In
Tools Sign In
Search
Communities
Member Community
Planning Community
Membership Management Community
Calendar
Toggle navigation
about pjm
training
committees
&
groups
planning
markets
&
operations
library
about pjm
training
committees
&
groups
planning
markets
&
operations
library
Committees
&
Groups
Meeting Center
Critical Issue Fast Path - Resource Adequacy
Committees
Audit Advisory Committee
Finance Committee
Budget Process
&
Finance Committee Recommendations
Financial Reporting
PJM Administrative Cost Rates
PJM Settlement Administrative Cost Rates
Pass-Through Rates
Liaison Committee
Market Implementation Committee
Market Monitoring Unit – Advisory Committee
Markets and Reliability Committee
Members Committee
Nominating Committee
Operating Committee
Planning Committee
Risk Management Committee
Subregional RTEP Committee - Mid-Atlantic
Subregional RTEP Committee - Southern
Subregional RTEP Committee - Western
Transmission Expansion Advisory Committee
Transmission Owners Agreement-Administrative Committee
User Groups
Public Interest
&
Environmental Organizations User Group
Forums
eDART Forum
Tech Change Forum
Emerging Technologies Forum
Nuclear Generation Owner Forum
Stakeholder Process Forum
Subcommittees
Cost Development Subcommittee
Station Service Rates
Handy Whitman Index
Data Management Subcommittee
Distributed Resources Subcommittee
Designated Entity Design Standards Subcommittee
Dispatcher Training Subcommittee
Governing Document Enhancement
&
Clarification Subcommittee
Interconnection Process Subcommittee
Load Analysis Subcommittee
Market Settlements Subcommittee
Relay Subcommittee
Relay Testing Subcommittee
Reliability Standards
&
Compliance Subcommittee
Resource Adequacy Analysis Subcommittee
System Operations Subcommittee
TO/TOP Matrix Subcommittee
Transmission
&
Substation Subcommittee
Task Forces
ARR FTR Market Task Force
Clean Attribute Procurement Senior Task Force
Deactivation Enhancements Senior Task Force
Electric Gas Coordination Senior Task Force
Modeling Generation Senior Task Force
Reserve Certainty Senior Task Force
Regulation Market Design Senior Task Force
Resource Adequacy Senior Task Force
Workshops
Long-Term Regional Transmission Planning Workshop
Closed Groups
Pandemic Coordination
Reactive Power Compensation Task Force
Issue Tracking
Stakeholder Meetings
Inter-Regional Planning Stakeholder Advisory Committee - MISO
Annual Meeting of Members
General Session
Price Formation Education Sessions
DER Ride-Through Workshop
GO15 Governing Board Meeting
Inter-Regional Planning Stakeholder Advisory Committee - New York / New England
PJM/MISO Joint
&
Common Market Initiative
PJM/NYISO Joint Initiative
State Commissions
Independent State Agencies Committee
Webex
&
Microsoft Teams
Home
Committees
&
Groups
Issue Tracking
Issue Details
Issue Details
Peak Market Activity Credit Requirement
Considering enhancements to the PMA credit requirement to better protect Participants, particularly during times of stress, to ensure effective collateralization.
Proposed Timeline
Issue initiated: 7.26.2022
Work begins: 7.26.2022
Target Completion: 6.30.2023
Actual Completion: 9.20.2023
Issue Details
Stakeholder Body
Risk Management Committee
Facilitator
Zadlo, Thomas F.
Subject Matter Expert
Hu, Yong
MRC Approval Date
8.24.2023
MC Approval Date
9.20.2023
Problem Statement/
Issue Charge First Read
6.28.2022
Issue Catalyst
PJM
Issue Status
Closed
Manual Changes
No
Agreement Changes
Open Access Transmission Tariff
Problem Statement
PDF
Issue Charge
PDF
Stakeholder Process Step
Approved
Education
Interest
Design
Options
Packages
Consensus
Review
Completed
Associated Materials
Governing Documents
10.25.2023 - MC
Consent Agenda A - Draft MC Minutes - 9.20.2023
PDF
10.24.2023 - RMC
Draft Minutes - RMC - 08.22.2023
PDF
9.20.2023 - MC
Agenda
PDF
Agenda-doc
DOC
Consent Agenda C - 1 Peak Market Activity Credit Requirement - Presentation
PDF
Consent Agenda C - 2 PMA Tariff Revisions - Redline
PDF
9.20.2023 - MRC
Consent Agenda A - Draft MRC Minutes - 8.24.2023
PDF
9.19.2023 - RMC
Draft Minutes - RMC - 08.22.2023
PDF
9.18.2023 - MC Information Webinar
Agenda
PDF
Agenda-doc
DOC
Item 09A - MRC Report - August
PDF
Item 09A - MRC Report - July
PDF
Item 09E - RMC Report - August
PDF
Item 09E - RMC Report - July
PDF
8.24.2023 - MRC
Agenda
PDF
Agenda-doc
DOC
Consent Agenda A - Draft MRC Minutes - 7.26.2023
PDF
Item 02 - 1 Peak Market Activity - Presentation
PDF
Item 02 - 2 PMA Tariff Revisions - Redline
PDF
Summarized Voting Report
PDF
8.22.2023 - RMC
Agenda
PDF
Agenda-doc
DOC
Draft Minutes - RMC - 07.25.2023
PDF
Item 02 - RMC Work Plan
PDF
Item 03-1 - PMA Tariff Changes Summary
PDF
Item 03-2 - Peak Market Activity - Matrix
XLS
Minutes
PDF
7.26.2023 - MRC
Agenda
PDF
Agenda-doc
DOC
Item 05 - Peak Market Activity Credit Requirement Update - Presentation
PDF
7.25.2023 - RMC
Agenda
PDF
Agenda-doc
DOC
Draft Minutes - RMC - 6.21.2023
PDF
Item 02 - RMC Work Plan
PDF
Item 03A - PJM PMA Proposal
PDF
Item 03 - Peak Market Activity - Matrix
XLS
Minutes
PDF
7.24.2023 - MC Information Webinar
Item 07E - RMC Report
PDF
6.21.2023 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 02 - RMC Work Plan
PDF
Item 04A - PMA Proposal
PDF
Item 04B - Peak Market Activity Matrix
XLS
Item 04B - Peak Market Activity Matrix - post meeting
XLS
Minutes
PDF
Draft Minutes - RMC - 5.23.2023
PDF
5.23.2023 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 02 - RMC Work Plan
PDF
Item 05-1 - PMA Recap and Next Steps
PDF
Item 05-2 - Peak Market Activity Credit Requirement - Problem Statement
PDF
Item 05-3 - Peak Market Activity Credit Requirement - Issue Charge
PDF
Item 05-4 - Peak Market Activity Matrix
XLS
Minutes
PDF
4.25.2023 - RMC
Item 02 - RMC Work Plan
PDF
3.21.2023 - RMC
Item 02 - RMC Work Plan
PDF
2.22.2023 - RMC
Item 02 - RMC Work Plan
PDF
2.21.2023 - MC Information Webinar
Item 06E - RMC Report
PDF
1.24.2023 - RMC
Item 02 - RMC Work Plan
PDF
1.23.2023 - MC Information Webinar
Item 06E - RMC Report
PDF
12.20.2022 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 02 - RMC Work Plan
PDF
Item 03A - PMA Updates
PDF
Item 03B - Peak Market Activity Matrix
XLS
Minutes
PDF
Minutes - RMC - 12.20.2022-doc
DOC
12.19.2022 - MC Information Webinar
Item 07E - RMC Report
PDF
11.15.2022 - RMC
Minutes - RMC - 11.15.2022
PDF
11.14.2022 - MC Information Webinar
Item 07E - RMC Report - October
PDF
Item 07E - RMC Report - September
PDF
9.20.2022 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 07A - PMA Update
PDF
Item 07B - PMA Credit Requirement Matrix
XLS
Item 07C - PMA Credit Requirements Matrix - EKPC
XLS
Item 07D - Data Request for PJM on Collateral Calls
XLS
9.19.2022 - MC Information Webinar
Item 06E - RMC Report
PDF
8.23.2022 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 06A - Proposed PMA Calculation and Timeline
PDF
Item 06 - PMA Credit Requirement Matrix
XLS
7.26.2022 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 03A - Peak Market Activity Credit Requirement - Problem Statement
PDF
Item 03B - Peak Market Activity Credit Requirement - Issue Charge
PDF
6.28.2022 - RMC
Agenda
PDF
Agenda-doc
DOC
Item 04A - Peak Market Activity Credit Requirement - Problem Statement
PDF
Item 04B - Peak Market Activity Credit Requirement - Issue Charge
PDF
View All