Reports

PJM State of the Market - 2022

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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.

2022 State of the Market Report for PJM   Posting Date
mmu,report,reports,somVolume I
Volume I (5MB PDF) contains the introduction.

Volume II
Volume II (18MB PDF) contains detailed analysis and results.
Table of Contents (83KB PDF)
Section 1 - Introduction (1MB PDF)
Section 2 - Recommendations (302KB PDF)
Section 3 - Energy Market (4MB PDF)
Section 4 - Energy Uplift (371KB PDF)
Section 5 - Capacity Market (2MB 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 (2MB PDF)
Section 11 – Congestion and Marginal Losses (3MB PDF)
Section 12 – Generation and Transmission Planning (3MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)

  03.09.2023
Press Briefing Materials (PDF)   03.09.2023
Reserve Shortages (XLXS)   03.09.2023
Errata   05.25.2023

2022 Quarterly State of the Market Report for PJM:
January through September
  Posting Date
mmu,report,reports,som2022 Quarterly State of the Market - full version (17MB PDF)

Table of Contents (1MB PDF)
Section 1 - Introduction (2MB PDF)
Section 2 - Recommendations (1MB PDF)
Section 3 - Energy Market (6MB 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 (2MB PDF)
Section 10 – Ancillary Service Markets (2MB PDF)
Section 11 – Congestion and Marginal Losses (3MB PDF)
Section 12 – Generation and Transmission Planning (4MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (1MB PDF)
  11.10.2022
Errata   03.09.2023

2022 Quarterly State of the Market Report for PJM:
January through June
  Posting Date
mmu,report,reports,som2022 Quarterly State of the Market - full version (26MB PDF)

Table of Contents (1MB PDF)
Section 1 - Introduction (2MB PDF)
Section 2 - Recommendations (1MB PDF)
Section 3 - Energy Market (5MB 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 (2MB 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 (4MB PDF)
Section 13 – Financial Transmission and Auction Revenue Rights (2MB PDF)
  08.11.2022

2022 Quarterly State of the Market Report for PJM:
January through March
  Posting Date
mmu,report,reports,som2022 Quarterly State of the Market - full version (25MB PDF)

Table of Contents (87KB PDF)
Section 1 - Introduction (2MB PDF)
Section 2 - Recommendations (299KB PDF)
Section 3 - Energy Market (5MB 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 (2MB 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)
  05.12.2022