RPM (Reliability Pricing Model) is PJM’s Capacity Market, which ensures long-term grid reliability by securing the appropriate amount of power supply resources needed to meet predicted energy demand in the future. PJM’s capacity market design includes a series of auctions to satisfy the reliability requirements of the PJM region for each Delivery Year.

Source: https://www.pjm.com/markets-and-operations

Posts

PJM Capacity Auctions Current and Future Schedule | Capacity Watch Blog

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The PJM BRA for delivery year 2026/27 will take place in a few weeks. PJM is scheduled to open the offer window for the 2026/27 BRA on July 9th, 2025, for market participants. The Capacity auction window will close on July 16th, and PJM plans to post the auction results on July 22nd. The subsequent PJM Capacity Auction is scheduled in December. PJM is scheduled to open the offer window for 2027/28 BRA on December 4th for market participants. The auction window closes on December 10th, and PJM will post auction results on December 17th, 2025.

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PJM’s Updated Capacity Auction Schedule | Capacity Watch Blog

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PJM recently updated its Capacity Auction schedule for the 2026/27 Base Residual Auction. The auction was set to begin in early December 2024 but has now been delayed and is scheduled to take place in early July 2024. PJM is now scheduled to open the offer window for the 2026/27 BRA on July 9th, 2025 for market participants.  The Capacity auction window will close on July 16th, and PJM plans to post the auction results on July 22nd.

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