Market Settlements

This three-day course includes an introduction to the Market Settlements process at PJM, and provides the tools used to input and view settlements related data. Participants will have the opportunity to become familiar with the requirements for PJM Membership and the overall billing process. The training will enable the participants to reconcile their company's PJM bill. The numerous billing examples will aid in the understanding of the settlement details behind various billing line items.

Course Details

Load Serving Entities/Electric Distribution Co.
Power Marketers/Traders
MOC Generation Dispatcher
In Person

Membership Requirements

Account Setup

Member Defaults

PJM Settlement, Inc.

Billing Process

Billing Line Items

Schedule 9-10

Power Meter Tool

Market Settlements Reporting System (MSRS)


  • Spot Market
  • Virtual

Generation (Fossil Fuel, Wind and DR)

  • Operating Reserves
  • Lost Opportunity Credits (LOC)
  • Synchronized Reserves
  • Regulation


  • Reconciliation
  • Operating Reserves


  • Hedging Congestion


  • Supply
  • Demand

Demand Response

  • Economic
  • Load Management

If you would like to see this course scheduled in the near future, click "Add to LMS wish list" to access the LMS.
There is no charge to PJM Members. Non-Members are charged a nominal fee. Please contact for more details.