Fuel Cost Policies
Market Sellers are required to have a PJM-approved fuel cost policy for each unit and fuel type for which they wish to submit a non-zero, cost-based offer into the energy market. Fuel cost policies must be drafted in accordance with Manual 15 and the Operating Agreement. All approved fuel cost policies will undergo a periodic review by the Market Seller, PJM and the IMM prior to the policy expiration to ensure that the cost offer estimation practices are still accurate and acceptable.
Timelines
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Fuel Cost Policy Submission
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Fuel cost policies should be submitted in MIRA using the template guidelines provided on the Monitoring Analytics website. |