About This Course

Brian Perrone and Jarred Clements of Enel X Advisory provide an in-depth discussion of the PJM Capacity market and Reliability Pricing Model (RPM) - a construct designed to procure generating resources to ensure long-term grid reliability. Their presentation, which was delivered at a Campus Consortium for Decarbonization meeting, covers the major reforms that have effected RPM prices, PJM Capacity Auctions, and mitigation strategies. Recorded June 17, 2025.

Learning Objectives

1. Define the purposes of the PJM Capacity Auctions and how capacity prices are formed. 2. Identify supply side and demand management mitigation strategies. 3. Describe the purpose of the PJM Capacity market/Reliability Pricing Model. 4. Discuss peak management as a demand management approach to mitigation.