Markets & Operations

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.

Date

 
Fuel Cost Policy Guidelines PDF
5.3.2023
Frequently Asked Questions PDF
9.11.2020
VOM Template
Cost Agent User Guide PDF
2024 VOM Worksheet XLS
2023 XLS
Multi Sheets XLS
Review Guidelines PDF
Default Values PDF
PJM Connect WEB
 
4.11.2024
5.23.2024
4.27.2023
4.27.2023
4.27.2023
3.15.2024
 
2024 VOM Education Session: Process PDF | Streaming WEB
4.25.2024

Timelines

 Intraday Offers Timeline

 

Fuel Cost Policy Submission

 
Fuel cost policies should be submitted in MIRA using the template guidelines provided on the Monitoring Analytics website.

Contact PJM

Member Community

(866) 400-8980
(610) 666-8980

 

Other Contacts

Fuel Cost Policy Analysis
 

Tools

 
MIRA - submit monthly fuel information
Learn More | Sign In

Manuals

 
M-15: Cost Development Guidelines 
Clean WEBCurrentRedline PDF Sections 1.8 and 2.3 (1 and 7)

Agreements

Operating Agreement WEB | PDF - Schedule 2