Reports

PJM State of the Market - 2021

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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.

2021 State of the Market Report for PJM   Posting Date
mmu,report,reports,somVolume I
Volume I (9MB PDF) contains the introduction.

Volume II
Volume II (28MB PDF) contains detailed analysis and results.
Table of Contents (76KB PDF)
Section 1 - Introduction (3MB PDF)
Section 2 - Recommendations (279KB PDF)
Section 3 - Energy Market (5MB PDF)
Section 4 - Energy Uplift (419KB PDF)
Section 5 - Capacity Market (6MB PDF)
Section 6 - Demand Response (331KB PDF)
Section 7 - Net Revenue (1MB PDF)
Section 8 - Environmental and Renewable Energy Regulations (2MB PDF)
Section 9 – Interchange Transactions (3MB PDF)
Section 10 – Ancillary Service Markets (2MB PDF)
Section 11 – Congestion and Marginal Losses (5MB PDF)
Section 12 – Generation and Transmission Planning (7MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)

   03.10.2022
Press Briefing Materials (PDF)   03.10.2022
Errata   05.26.2022

2021 Quarterly State of the Market Report for PJM:
January through September		   Posting Date
mmu,report,reports,som2021 Quarterly State of the Market - full version (21MB PDF)

Table of Contents (78KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (241KB PDF)
Section 3 - Energy Market (5MB PDF)
Section 4 - Energy Uplift (423KB PDF)
Section 5 - Capacity Market (4MB PDF)
Section 6 - Demand Response (362KB 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 (3MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)
   11.11.2021
Errata   05.26.2022

2021 Quarterly State of the Market Report for PJM:
January through June		   Posting Date
mmu,report,reports,som2021 Quarterly State of the Market - full version (23MB PDF)

Table of Contents (85KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (280KB PDF)
Section 3 - Energy Market (4MB PDF)
Section 4 - Energy Uplift (1MB PDF)
Section 5 - Capacity Market (3MB PDF)
Section 6 - Demand Response (1MB 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 (3MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)
   08.12.2021
Errata   05.26.2022

2021 Quarterly State of the Market Report for PJM:
January through March		   Posting Date
mmu,report,reports,som2021 Quarterly State of the Market - full version (22MB PDF)

Table of Contents (86KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (279KB PDF)
Section 3 - Energy Market (4MB PDF)
Section 4 - Energy Uplift (1MB PDF)
Section 5 - Capacity Market (3MB PDF)
Section 6 - Demand Response (348KB 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 (3MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)
   05.13.2021