System Maintenance

Market Settlements

This two-day course includes an introduction to the Market Settlements process at PJM. Participants will have the opportunity to become familiar with the requirements for PJM Membership and the overall billing process, including reconciling their company's PJM bill. The numerous billing examples will aid in the understanding of the settlement details behind various billing line items. An introduction will also be provided on the tools used to input and view settlements related data.

Course Details


MOC Generation Dispatcher
Load Serving Entities/Electric Distribution Co.
Power Marketers/Traders
In Person
  • Membership Requirements
  • Credit Requirements
  • Account Setup
  • Member Defaults
  • PJM Settlement, Inc.
  • Billing Process
  • Billing Line Items
  • Schedule 9-10
  • Power Meter Tool
  • Market Settlements Reporting System (MSRS)
  • Energy Settlements
  • Generation Billing Line Items
    • Energy
    • Operating Reserves
    • Lost Opportunity Credits (LOC)
    • Synchronized Reserves
    • Regulation
  • Load Billing Line Items
    • Energy
    • Ancillary Services
    • Operating Reserves
    • Reconciliation
  • Virtual Transactions
    • INCs, DECs and Up-To Congestion
  • FTR/ARR
    • Hedging Congestion
NERC Approved:
No

If you would like to see this course scheduled in the near future, click "Add to LMS wish list" to access the LMS.

As a neutral, independent party, PJM is prohibited from having a financial interest in any products or materials used in this training. All training materials will be provided.

There is no charge to PJM Members or Governmental Entities.  Non-Members are charged a nominal fee. Please contact Training Support for more details. All training materials will be provided.