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With the Reliability Pricing Model (RPM), PJM capacity market provides locational capacity pricing to recognize and quantify the locational value of resource capacity to meet the reliability requirements.
To ensure sufficient resources that are available to be called upon for the reliability of the electric grid, the Reliability Pricing Model (RPM) has been constructed to clear the PJM capacity market. It provides locational capacity pricing to recognize and quantify the locational value of resource capacity to meet the reliability requirements. Starting year 2011 for the 2014/2015 PJM Base Residual...
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