PJM Coronavirus (COVID-19) Information

Committees & Groups

Issue Details

RPM Credit Requirement for At-Risk Existing Resources

The current credit policy does not address potential exposure to committed existing capacity resources that are at increased risk of default on their RPM commitments for which replacement capacity, if required, might cost more than the RPM commitments of the resource at risk of defaulting on its RPM commitments.

Issue Details

Strategic Focus Area: Administration
Issue Status: Emerging
Stakeholder Body: Credit Subcommittee
Stakeholder Process Status: Approved
Issue Catalyst: PJM
Date Created:
MC Approval Date:
Target Completion Date: 12.31.2018
Actual Completion Date:
FERC Filing(s): Yes
Agreement Change(s):
Manual Change(s): No
MC Annual Plan: 2018
Date Documents
9.27.2018 Meeting materials from the MRC meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Agenda  DOC
Item 7 - Reliability Pricing Model Credit Reduction Clarifications Presentation  PDF
Item 7 - Reliability Pricing Model Credit Requirement Reduction Revisions Attachment Q Redline  PDF
Item 7 - Reliability Pricing Model Credit Reduction Clarifications Presentation  PDF
Item 7 - Reliability Pricing Model Credit Requirement Reduction Revisions Attachment Q Redline  PDF
2.12.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
Draft Minutes - CS - 1.11.2018  PDF
Draft Minutes - CS - 1.11.2018  PDF
Item 2A - RPM Credit Requirement for At-Risk Existing Resources - Problem Statement  PDF
Item 2B - RPM Credit Requirement for At-Risk Existing Resources - Issue Charge  PDF
Item 2A - RPM Credit Requirement for At-Risk Existing Resources - Problem Statement  PDF
Item 2B - RPM Credit Requirement for At-Risk Existing Resources - Issue Charge  PDF
6.15.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
9.28.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Agenda  DOC
8.21.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Agenda  DOC
1.11.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
7.13.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Agenda  DOC
8.8.2018 Meeting materials from the MIC meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
Item 5A - RPM Credit Reduction Clarifications  PDF
Item 5B - Attachment Q - PJM Credit Policy - RPM Credit Requirement Reductions Revisions  PDF
Item 5A - RPM Credit Reduction Clarifications  PDF
Item 5B - Attachment Q - PJM Credit Policy - RPM Credit Requirement Reductions Revisions  PDF
5.18.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
4.10.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
Draft Minutes - CS - 3.14.2018  PDF
Draft Minutes - CS - 3.14.2018  PDF
Item 2A - Attachment Q - PJM Credit Policy - RPM Credit for At-Risk Resources - Change Pages Only  PDF
Item 2B - RPM Credit Requirements for At-Risk Existing Resources Options & Packages Matrix  XLS
Item 2A - Attachment Q - PJM Credit Policy - RPM Credit for At-Risk Resources - Change Pages Only  PDF
Item 2B - RPM Credit Requirements for At-Risk Existing Resources Options & Packages Matrix  XLS
9.17.2018 Meeting materials from the CS meeting
Draft Minutes - CS - 8.21.2018  PDF
Draft Minutes - CS - 8.21.2018  PDF
6.4.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
3.19.2019 Meeting materials from the CS meeting
Agenda  PDF
Agenda  DOC
Agenda  PDF
Agenda  DOC
3.14.2018 Meeting materials from the CS meeting
Agenda  PDF
Agenda  PDF
Agenda  DOC
Agenda  DOC
Draft Minutes - CS - 2.12.2018  PDF
Draft Minutes - CS - 2.12.2018  PDF
Item 2A - Problem Statement - RPM Credit Requirement for At-Risk Existing Resources  PDF
Item 2A - Problem Statement - RPM Credit Requirement for At-Risk Existing Resources  PDF
Item 2B - Issue Charge - RPM Credit Requirement for At-Risk Existing Resources  PDF
Item 2B - Issue Charge - RPM Credit Requirement for At-Risk Existing Resources  PDF
Date Type Documents
There are no governing documents currently associated with this issue