> search
> advanced search

> Home      > Markets      > FTR      > Auction User Information     
 
Auction User Information


Financial Transmission Rights (FTRs) are financial instruments that entitle the holder to a stream of revenues (or charges) based on the day-ahead hourly energy price differences across the transmission path. The purpose of a Financial Transmission Right is to provide all market participants the ability to have price certainty when delivering energy across the PJM system. FTRs provide a hedging mechanism that can be traded separately from transmission service.

In order to assist in understanding FTRs and the FTR Auction clearing process the following informational material is being provided:

Annual FTR Auction Training

The eFTR Web site can provide additional information specific to current and past FTR Auctions
Show All
Long Term FTR Auction
2009/2012
  Posting Date
2009/2012 FTR Long Term Auction Valid Pnodes (CSV)   09.05.2008
2009/2012 Long Term FTR Auction Schedule (PDF)   08.19.2008
2009/2012 FTR Long Term Auction Names and Periods (CSV)   08.21.2008
Equipment Outages for Long Term FTR Auction Geographically Undiversified Credit Checking (XLS)   09.18.2008

Annual ARR Allocation
2008/2009
  Posting Date
Facilities Loaded >95% after Stage 1 (XLS)   03.11.2008
Key System Upgrades Scheduled for 2008/2009 (XLS)   02.27.2008
Point-to-Point ARR/FTR Nomination Form (XLS)   02.15.2008
Zonal Base Load (XLS) his-gen-res-by-zone.xls   02.06.2008
Historic Stage 1 Resources by Zone (XLS)   02.07.2008
Modeling of Duquesne Zone in 2008/2009 ARR/FTR Process (PDF)   02.13.2008
2007/2008
  Posting Date
Facilities Loaded 95% after Stage (XLS)   03.13.2007
Key System Upgrades Scheduled for 2007/2008 (XLS)   02.20.2007
Historic Stage 1 Resources by Zone (XLS)   02.20.2007
Zonal Base Load (XLS)   02.01.2007
Point-to-Point ARR/FTR Nomination Form (XLS)   01.19.2007
2007/2008 Annual ARR Allocation & Annual FTR Auction Schedule (PDF)   01.19.2007
2006/2007
    Posting Date
Key System Upgrades Scheduled for 2006/2007 (XLS)   02.28.2006
Historic Stage 1 Resources by Zone (XLS)   02.27.2006
Point-to-Point ARR/FTR Nomination Form (XLS)   02.06.2006
2005/2006
    Posting Date
Historic Stage 1 Resources by Zone (XLS)   03.09.2005
Key System Upgrades Scheduled for 2005/2006 (XLS)   02.11.2005
Point-to-Point ARR/FTR Nomination Form (XLS)   02.28.2005
2004/2005
    Posting Date
Description of Annual ARR Allocation Process (PDF)   07.15.2004
Historic Generation Resources by Zone (XLS)   07.15.2004
Historic Generation Resources for ComEd Zone (XLS)   05.24.2004
 
Annual FTR Auction
2008/2009
  Posting Date
2008/2009 NSPL ARR Credits - Zonal (XLS)   05.07.2008
2008/2009 Annual FTR Auction Results Round 4 (XLS)   05.05.2008
2008/2009 Annual FTR Auction Results Round 3 (XLS)   04.28.2008
2008/2009 Annual FTR Auction Results Round 2 (XLS)   04.21.2008
2008/2009 Annual FTR Auction Results Round 1 (XLS)   04.22.2008
Credit Rules for 2008/2009 (PDF)   04.03.2008
Equipment Outages for Geographically Undiversified Credit Checking (XLS)   04.01.2008
2008/2009 Annual Auction Valid Source/Sinks for Obligations (CVS)   04.04.2008
2008/2009 Annual Auction Valid Option Paths (CVS)   04.04.2008
FTR Credit Example (PDF)   03.28.2008
2007/2008
  Posting Date
2007/2008 NSPL ARR Credits - Zonal (XLS)   05.09.2007
2007/2008 Annual FTR Auction Results Round 4 (XLS)   05.07.2007
2007/2008 Annual FTR Auction Results Round 3 (XLS)   04.30.2007
2007/2008 Annual FTR Auction Results Round 2 (XLS)   04.23.2007
2007/2008 Annual FTR Auction Results Round 1 (XLS)
   04.16.2007
2007/2008 Annual Auction Valid Source/Sinks for Obligations   03.26.2007
2007/2008 Annual Auction Valid Option Paths   03.26.2007
Historical LMPs for Credit Calculation for 2007/2008 Planning Period (XLS)   05.10.2007
2006/2007
    Posting Date
Analysis of ARR proration for Bedington Black Oak Transfer Interface Including Impact of Planned Upgrades in the Future (PDF)   12.20.2006
ARR Credit and Network Service Peak Load by Zone (XLS)   05.15.2006
2006/2007 Directly Allocated FTRs (XLS)   05.08.2006
2006/2007 Annual FTR Auction Results Round 4 (XLS)   05.08.2006
2006/2007 Annual FTR Auction Results Round 3 (XLS)   05.01.2006
2006/2007 Annual FTR Auction Results Round 2 (XLS)   04.24.2006
2006/2007 Annual FTR Auction Results Round 1 (XLS)   04.17.2006
Historical LMPs for Credit Calculation in all 2006/07 Auctions (XLS)   04.21.2006
2006/2007 Annual Auction Valid Source/Sinks for Obligations (CSV)   03.16.2006
2006/2007 Annual Auction Valid Option Paths (CSV)   03.30.2006
2005/2006
    Posting Date
ARR Credit and Network Service Peak Load by Zone (XLS)   05.13.2005
Credit Requirement Assistance (XLS)   03.04.2005
2005/2006 Annual Auction Valid Source/Sinks for Obligations (CSV)   04.15.2005
2005/2006 Annual Auction Valid Option Paths (CSV)   05.02.2005
2005/2006 Annual FTR Auction Results: Round 1 | Round 2 | Round 3 | Round 4 (XLS)   05.25.2005
2005/2006 Directly Allocated FTRs (XLS)   05.27.2005
2004/2005
    Posting Date
2004/2005 Directly Allocated FTRs (XLS)   07.15.2004
2004/2005 PJM Annual Auction Results - Round 4 (XLS)   05.11.2004
2004/2005 ComEd Annual Auction Results - Round 4 (XLS)   07.15.2004
2004/2005 PJM Annual Auction Results - Round 3 (XLS)   05.04.2004
2004/2005 ComEd Annual Auction Results - Round 3 (XLS)   07.15.2004
2004/2005 PJM Annual Auction Results - Round 2 (XLS)   04.27.2004
2004/2005 ComEd Annual Auction Results - Round 2 (XLS)   04.27.2004
2004/2005 PJM Annual Auction Results - Round 1 (XLS)   07.15.2004
2004/2005 ComEd Annual Auction Results - Round 1 (XLS)   07.15.2004
ARR Credit and Network Service Peak Load by Zone (XLS)   07.15.2004
2003/2004
    Posting Date
2003/2004 Annual Allocation Summary (PDF)   07.15.2004
2003/2004 Annual Auction Results: Round 1 | Round 2 | Round 3 | Round 4 (XLS)   08.26.2003
ARR Credit and Network Service Peak Load by Zone (CSV)   08.26.2003
 
FTR Allocation
AEP-Dayton
    Posting Date
Initial FTR Allocation Results (XLS)   07.28.2004
Description of FTR Allocation Process (PDF)   08.16.2004
Historical Resources for Stage 1 Allocation (XLS)   07.15.2004
Dominion
    Posting Date
Initial FTR Allocation Results (XLS)   08.31.2004
Description of FTR Allocation Process (PDF)   06.21.2004
Historical Resources for Stage 1 Allocation (XLS)   07.23.2004
Duquesne
    Posting Date
Initial FTR Allocation Results (XLS)   10.28.2004
Description of FTR Allocation Process (PDF)   08.16.2004
Historic Resources for Stage 1 Allocation (XLS)   09.15.2004
COMED
    Posting Date
Awarded COMED FTRs for the May 2004 Phase-In Period (XLS)   07.15.2004
 
FTR Credit
    Posting Date
Credit Requirement Calculator (XLS)   08.26.2008
Credit Rules for 2008/2009 (PDF)   08.26.2008
FTR Credit Example (PDF)   08.26.2008
Monthly FTR Auctions
    Posting Date
2008/2009 FTR Monthly Auction Names and Periods (CSV)   05.05.2008
Equipment Outages for Geographically Undiversified Credit Checking (XLS)   04.25.2008
2007/2008 FTR Monthly Auction Names and Periods (CSV)   02.08.2007
FTR Monthly Auction Balancing of Planning Period Presentation (PDF)   04.27.2006
2006/2007 FTR Monthly Auction Names and Periods (CSV)   03.17.2006
Prompt Month Established Participants (CSV)    
2008 Monthly Auction Outages (XLS)    
2007 Monthly Auction Outages (XLS)    
2006 Monthly Auction Outages (XLS)   11.06.2006
2005 Monthly Auction Outages (XLS)   11.04.2005
FTR Participant List (CSV)    
Monthly Auctions Valid Source/Sinks for Obligations - Prompt Month (CSV)    
Monthly Auctions Valid Source/Sinks for Obligations - Non Prompt Month (CSV)    
Monthly Auctions Valid Option Paths (CSV)    
2006 Monthly Auction Market Names (TXT)   10.24.2005
2005 Monthly Auction Market Names (TXT)   11.01.2004
2004 Monthly Auction Market Names (TXT)   07.15.2004
FTR Market Schedule
Opening, closing and clearing dates for the FTR Auctions & Annual ARR Allocation   Posting Date
2008 FTR/ARR Market Schedule (XLS)   08.21.2008
2007/2008 Annual ARR Allocation & Annual FTR Auction Schedule (PDF)   11.06.2006
2007 FTR Monthly Auction Schedule (PDF)   11.06.2006
2006/2007 Annual ARR Allocation & Annual FTR Auction Schedule (PDF)   01.03.2006
2006 FTR Monthly Auction Schedule (PDF)   10.24.2005
2005/2006 Annual ARR Allocation & Annual FTR Auction Schedule (PDF)   11.01.2004
2005 FTR Monthly Auction Schedule (PDF)   11.01.2004
Historical FTR Auction Results
Nodal prices, binding constraints and auction results   Posting Date
FTR Monthly Auction Results (January 2006 to present)    
2005 (XLS)   11.18.2005
2004 (XLS)   11.18.2004
2003 (XLS)   07.15.2004
2002 | 2001 | 2000 | 1999 (XLS)   08.26.2003
Marginal Value of FTR Auction Constraints
    Posting Date
2003 | 2002 (XLS)   08.26.2003