Reports

PJM State of the Market - 2018

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These reports are prepared by Monitoring Analytics. Because of their size, the reports are available in parts for download, or those with higher bandwidth may download the document as a whole.

2018 State of the Market Report for PJM   Posting Date
mmu,report,reports,somVolume I
Volume I (3MB PDF) contains the introduction.

Volume II
Volume II (15MB PDF) contains detailed analysis and results.
Table of Contents (63KB PDF)
Section 1 - Introduction (2MB PDF)
Section 2 - Recommendations (224KB PDF)
Section 3 - Energy Market (3MB PDF)
Section 4 - Energy Uplift (1MB PDF)
Section 5 - Capacity Market (3MB PDF)
Section 6 - Demand Response (271KB PDF)
Section 7 - Net Revenue (1MB PDF)
Section 8 - Environmental and Renewable Energy Regulations (1MB PDF)
Section 9 – Interchange Transactions (1MB PDF)
Section 10 – Ancillary Service Markets (1MB PDF)
Section 11 – Congestion and Marginal Losses (2MB PDF)
Section 12 – Generation and Transmission Planning (1MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)
Appendices (3MB PDF)

  • Appendix A - PJM Geography
  • Appendix B - PJM Market Milestones
  • Appendix C - Energy Market
  • Appendix D - Local Energy Market Structure: TPS Results
  • Appendix E - Interchange Transactions
  • Appendix F - Ancillary Service Markets
  • Appendix G - Congestion and Marginal Losses
  • Appendix H - FTR Volumes
  • Appendix I - Environmental and Renewable Energy Regulations
  • Appendix J - Glossary
  • Appendix K - Acronyms
  03.14.2019
Press Briefing Materials (PDF)   03.14.2019
Errata   10.04.2019

2018 Quarterly State of the Market Report for PJM:
January through September
  Posting Date
mmu,report,reports,som2018 Quarterly State of the Market - full version (14MB PDF)

Table of Contents (80KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (250KB PDF)
Section 3 - Energy Market (4MB PDF)
Section 4 - Energy Uplift (507KB PDF)
Section 5 - Capacity Market (3MB PDF)
Section 6 - Demand Response (417KB PDF)
Section 7 - Net Revenue (1MB PDF)
Section 8 - Environmental and Renewable Energy Regulations (1MB PDF)
Section 9 – Interchange Transactions (2MB PDF)
Section 10 – Ancillary Service Markets (2MB PDF)
Section 11 – Congestion and Marginal Losses (3MB PDF)
Section 12 – Generation and Transmission Planning (2MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (623KB PDF)
  11.08.2018
Errata   10.04.2019

2018 Quarterly State of the Market Report for PJM:
January through June
  Posting Date
mmu,report,reports,som2018 Quarterly State of the Market - full version (14MB PDF)

Table of Contents (81KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (239KB PDF)
Section 3 - Energy Market (3MB PDF)
Section 4 - Energy Uplift (517KB PDF)
Section 5 - Capacity Market (3MB PDF)
Section 6 - Demand Response (403KB PDF)
Section 7 - Net Revenue (1MB PDF)
Section 8 - Environmental and Renewable Energy Regulations (1MB PDF)
Section 9 – Interchange Transactions (1MB PDF)
Section 10 – Ancillary Service Markets (1MB PDF)
Section 11 – Congestion and Marginal Losses (2MB PDF)
Section 12 – Generation and Transmission Planning (2MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (830KB PDF)
  08.09.2018
Errata   10.04.2018

2018 Quarterly State of the Market Report for PJM:
January through March
  Posting Date
mmu,report,reports,som2018 Quarterly State of the Market - full version (13MB PDF)

Table of Contents (56KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (197KB PDF)
Section 3 - Energy Market (3MB PDF)
Section 4 - Energy Uplift (396KB PDF)
Section 5 - Capacity Market (2MB PDF)
Section 6 - Demand Response (241KB PDF)
Section 7 - Net Revenue (1MB PDF)
Section 8 - Environmental and Renewable Energy Regulations (1MB PDF)
Section 9 – Interchange Transactions (1MB PDF)
Section 10 – Ancillary Service Markets (1MB PDF)
Section 11 – Congestion and Marginal Losses (1MB PDF)
Section 12 – Generation and Transmission Planning (1MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (405KB PDF)
  05.10.2018
Errata   11.19.2018