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At what time does the Day Ahead (DA) market close for PJM?

1000 EST

1100 EST

1200 EST

The Day Ahead (DA) market for PJM closes at 1200 EST. This is a crucial time in the market operation as it marks the deadline for participants to submit their bids and offers for electricity for the following day. After this time, PJM will run its optimization process to determine the most efficient commitment of resources to meet the forecasted demand. The market results, including prices and cleared quantities, are made available shortly after the closure of the DA market, which is essential for planning and scheduling generation resources. Understanding this timing is key for operators and market participants to manage their portfolios effectively and ensure compliance with market rules.

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