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Reliability Pricing Model Overview


Course Title: Reliability Pricing Model Review Sessions
Description:

The purpose of the Reliability Pricing Model (RPM) is to provide a long term pricing signal for capacity resources and LSE obligations that is consistent with the PJM Regional Transmission Expansion Planning Process (RTEPP).

This two-day session will review all the key topics surrounding the Reliability Pricing Model.

Day one will be an Introduction to RPM, Demand in RPM, Supply in RPM, and RPM Auctions.

Day two will cover LSE Obligations, Resource Performance Assessments and Settlements. Time will be reserved for Q & A with PJM RPM Subject Matter Experts.

Slides:  
Schedule:

March 10 – 11, 2009 REGISTER
9:00 a.m. – 4:30 p.m. each day
Desmond Great Valley Conference Center

Prerequisites: Participants should have a basic understanding of the differences between energy and capacity in the PJM markets. Also, it is helpful to have an understanding of PJM operations, the PJM generation outage rules, the Day-Ahead Energy Market, and a familiarity of the PJM Regional Transmission Expansion Planning process.
Intended Audience: This training session is designed to provide an overview of the PJM Reliability Pricing Model. Participants might include Generator Owners and Operators, Power Marketers, Curtailment Service Providers, Transmission Owners, and Load Serving Entities (LSE's).
Cost:

There is no charge to PJM Members. Non-Members are charged a nominal fee. Please contact TrainingSupport@pjm.com for more details.  

For additional information, please contact Member Relations at 610-666-8980 or toll free 866-400-8980.