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Committees & Groups

Issue Details

Real Time Market Values

A review of the Real Time Value (RTVs) market rules to address their purpose, expectations of usage, and interactions with Parameter Limited Schedules.

Issue Details

Strategic Focus Area: Markets
Issue Status: Solution Alternatives Proposed
Stakeholder Body: Market Implementation Committee
Stakeholder Process Status: Options
Issue Catalyst: PJM
Date Created: 12.19.2019
MC Approval Date:
Target Completion Date: 12.31.2020
Actual Completion Date:
FERC Filing(s): Yes
Agreement Change(s):
Manual Change(s): No
MC Annual Plan: 2020
Date Documents
2.6.2020 Meeting materials from the OC meeting
Agenda  PDF
7.15.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Minutes  PDF
Item 5 - Joint Matrix  XLS
10.7.2020 Meeting materials from the MIC meeting
Agenda  PDF
Agenda  DOC
Minutes  PDF
Item 6A - PJM Review of Real Time Values Market Rules  PDF
Item 6B - Real-Time Values IMM  PDF
Item 6C - Real-Time Values Market Rules Matrix  XLS
6.12.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Minutes  PDF
Pre Meeting Matrix  XLS
Work Plan  PDF
11.5.2020 Meeting materials from the MIC meeting
Agenda  PDF
Minutes  PDF
Agenda  DOC
Draft Minutes - MIC - 10.7.2020  PDF
Item 3A - PJM Review of Real Time Market Values Market Rules  PDF
Item 3B - Real Time Values - IMM  PDF
Item 3C - Real Time Values Market Rules - Matrix  XLS
12.19.2019 Meeting materials from the MRC meeting
Agenda  PDF
Agenda  DOC
Consent Agenda A - Draft Minutes - MRC - 12.5.2019  PDF
Item 4 - Real-Time Values - Problem Statement  PDF
Item 4 - Real-Time Values - Issue Charge  PDF
3.12.2020 Meeting materials from the OC meeting
Draft Minutes - OC - 2.6.2020  PDF
5.14.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Minutes  PDF
Pre-meeting Real Time Values (RTV) Matrix  XLS
Post-meeting Real Time Values (RTV) Matrix  XLS
1.8.2020 Meeting materials from the MIC meeting
Agenda  DOC
12.5.2019 Meeting materials from the MRC meeting
Agenda  PDF
Item 6 - Real Time Values - Issue Charge  PDF
Item 6 - Real Time Values - Problem Statement  PDF
9.16.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Minutes  PDF
Draft Minutes - MIC - 8.13.2020  PDF
Item 1 - Real Time Value Poll Presentation  PDF
Item 3 - RTV Matrix  XLS
Item 3 - RTV Matrix - Corrected  XLS
4.3.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Minutes  PDF
Matrix  XLS
1.23.2020 Meeting materials from the MRC meeting
Consent Agenda A - Draft Minutes - MRC - 12.19.2019  PDF
1.31.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Item 2 - Real Time Values - Problem Statement  PDF
Item 2A - Real Time Values - Issue Charge  PDF
Item 3A - Real Time Values - Overview  PDF
Item 3B - Real Time Values - Manual 11  PDF
Item 4 - Real Time Values - Work Plan  PDF
Item 5 - Consensus Based Issue Resolution Process (CBIR)  PDF
Options & Packages Matrix  XLS
2020 Safety Procedure  PDF
3.3.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Real Time Value Overview  PDF
2020 Safety Procedure  PDF
Real Time Values Design Components for Discussion  XLS
Real Time Values Q&A  PDF
8.13.2020 Meeting materials from the MIC Special Session - Review of Real Time Values Market Rules meeting
Agenda  PDF
Agenda  DOC
Draft Minutes - Special MIC - 7.15.2020  PDF
Item 2 - Joint Matrix with Hybrid Proposal  XLS
Item 2 - Joint Matrix with Hybrid Proposal - Post Meeting  XLS
Item 3 - Non-Binding Poll  PDF
PJM Proposal Flow Chart - Post Meeting  PDF
Date Type Documents
There are no governing documents currently associated with this issue