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Committees & Groups

Issue Details

Capacity Market Minimum Offer Price Rule (MOPR) Order

The Federal Energy Regulatory Commission issued an order Dec. 19 directing PJM to expand its current Minimum Offer Price Rule as it applies to PJM’s capacity market. PJM has received the Federal Energy Regulatory Commission’s order on the capacity market and is reviewing it. From the details outlined in its meeting, FERC has provided direction to PJM and a 90-day compliance schedule. As we prepare our compliance filing, we will engage with our stakeholders and members to discuss the substance of the order and its impact.

Issue Details

Strategic Focus Area: Markets
Issue Status: Closed
Stakeholder Body: Market Implementation Committee
Stakeholder Process Status: Completed
Issue Catalyst: FERC Order
Date Created: 12.19.2019
MC Approval Date:
Target Completion Date: 3.19.2020
Actual Completion Date: 3.18.2020
FERC Filing(s): Yes
Agreement Change(s):
Manual Change(s): No
MC Annual Plan: 2020
Date Documents
3.9.2020 Meeting materials from the DRS meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Item 1 - Draft Minutes - DRS - 2.19.2020  PDF
Agenda  DOC
Item 4A - Potential Impact of MOPR Order on DR Resources  PDF
Item 1 - Draft Minutes - DRS - 2.19.2020  PDF
Item 4B - MOPR Process Review  PDF
Item 4A - Potential Impact of MOPR Order on DR Resources  PDF
Item 4B - MOPR Process Review  PDF
3.26.2020 Meeting materials from the MRC meeting
Agenda  PDF
Agenda  PDF
Minimum Offer Price Rule Compliance Filing - Presentation   PDF
Minimum Offer Price Rule Compliance Filing - Presentation   PDF
2.5.2020 Meeting materials from the MIC meeting
Item 6A - Treatment of Voluntary Renewable Energy Certificates (RECs) in RPM  PDF
Item 6B1 - Potential Impacts of COMED - FRR/IMM Presentation  PDF
Item 6B2 - Potential Impacts of COMED - FRR/IMM Report  PDF
Item 6A - Treatment of Voluntary Renewable Energy Certificates (RECs) in RPM  PDF
Item 6B1 - Potential Impacts of COMED - FRR/IMM Presentation  PDF
Item 6B2 - Potential Impacts of COMED - FRR/IMM Report  PDF
1.28.2020 Meeting materials from the MIC Special Session - Capacity Market Minimum Offer Price Rule (MOPR) Order meeting
Item 2 - Minimum Offer Price Rule (MOPR) Sessions Timeline  PDF
Item 3 - PJM's Rehearing & Compliance Plan  PDF
Item 4A - Minimum Offer Price Rule (MOPR) Default Offer Price Floors  PDF
Item 4B - CONE & ACR Values - IMM Presentation  PDF
Item 4B - CONE & ACR Values - Preliminary  PDF
Item 2 - Minimum Offer Price Rule (MOPR) Sessions Timeline  PDF
Item 5 - Identification of Resources Eligible for Subsidies & Exemptions  PDF
Item 3 - PJM's Rehearing & Compliance Plan  PDF
Item 4A - Minimum Offer Price Rule (MOPR) Default Offer Price Floors  PDF
Item 4B - CONE & ACR Values - IMM Presentation  PDF
Item 4B - CONE & ACR Values - Preliminary  PDF
Item 5 - Identification of Resources Eligible for Subsidies & Exemptions  PDF
3.11.2020 Meeting materials from the MIC meeting
Agenda  PDF
Agenda  PDF
Draft Minutes - MIC - 2.5.2020  PDF
Draft Minutes - MIC - 2.5.2020  PDF
Item 6A - Planned Guidance for Identifying Resources with State Subsidies  PDF
Item 6B - Application of Existing MOPR to CTs & CCs  PDF
Item 6C - Default MOPR CONE  PDF
Item 6A - Planned Guidance for Identifying Resources with State Subsidies  PDF
Item 6C1 - Default MOPR Floor Prices Worksheet  XLS
Item 6B - Application of Existing MOPR to CTs & CCs  PDF
Item 6D - Default MOPR Gross ACR & EE Net CONE  PDF
Item 6C - Default MOPR CONE  PDF
Item 6C1 - Default MOPR Floor Prices Worksheet  XLS
Item 6D - Default MOPR Gross ACR & EE Net CONE  PDF
3.12.2020 Meeting materials from the MIC Special Session - Capacity Market Minimum Offer Price Rule (MOPR) Order meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Draft Minutes - Special MIC - 2.28.2020  PDF
Agenda  DOC
Item 2 - Proposed Auction Schedule  PDF
Draft Minutes - Special MIC - 2.28.2020  PDF
Item 3 - Asset-Life Ban Review  PDF
Item 2 - Proposed Auction Schedule  PDF
Item 4 - Unit-Specific Exception Process  PDF
Item 3 - Asset-Life Ban Review  PDF
Item 4 - Unit-Specific Exception Process  PDF
2.28.2020 Meeting materials from the MIC Special Session - Capacity Market Minimum Offer Price Rule (MOPR) Order meeting
Agenda  PDF
Draft Minutes - Special MIC - 2.19.2020  PDF
Item 2A - MOPR & Offer Cap Unit Specific Review Comparison  PDF
Item 3A – PJM Preliminary CONE Values  PDF
Item 3B - Preliminary Default Avoidable Cost Rate - Brattle  PDF
Item 4A - IMM ACR Template  PDF
Item 4B - MOPR Unit Specific Inputs  PDF
Agenda  PDF
Draft Minutes - Special MIC - 2.19.2020  PDF
Item 2A - MOPR & Offer Cap Unit Specific Review Comparison  PDF
Item 3A – PJM Preliminary CONE Values  PDF
Item 3B - Preliminary Default Avoidable Cost Rate - Brattle  PDF
Item 4A - IMM ACR Template  PDF
Item 4B - MOPR Unit Specific Inputs  PDF
Date Type Documents
There are no governing documents currently associated with this issue