Volume I
Volume I (3MB PDF) of the 2006 State of the Market Report is the Introduction. More detailed analysis and results are included in Volume II.

Volume II - 2006 State of the Market - full version (18MB PDF)

Volume II
Section 1 - Introduction (3MB PDF)
Section 2 - Energy Market, Part 1 (5MB PDF)
Section 3 - Energy Market, Part 2 (4MB PDF)
Section 4 - Interchange Transactions (5MB PDF)
Section 5 - Capacity Markets (3MB PDF)
Section 6 - Ancillary Services (3MB PDF)
Section 7 - Congestion (3MB PDF)
Section 8 - FTR/ARR (4MB PDF)
Appendix (10MB PDF)
     Appendix A - PJM Geography
     Appendix B - PJM Market Milestones
     Appendix C - Energy Market
     Appendix D - Interchange Transactions
     Appendix E - Capacity Market
     Appendix F - Ancillary Service Markets
     Appendix G - Financial Transmission and
                           Auction Revenue Rights
     Appendix H - Calculating Locational Marginal Pricing
     Appendix I - Generator Sensitivity Factors
     Appendix J - Three Pivotal Supplier Test
     Appendix K - Glossary
     Appendix L - List of Acronyms
     Appendix M - Errata (PDF)

Report (28MB PDF)
Part 1 (6MB PDF)
Part 2 (4MB PDF)
Part 3 (2MB PDF)
Part 4 (4MB PDF)
Part 5 (7MB PDF)
Part 6 (5MB PDF)
04.07.2006 Errata (PDF)

Report (19MB PDF)
Part 1 (6MB PDF)
Part 2 (2MB PDF)
Part 3 (5MB PDF)
Part 4 (6MB PDF)
Part 5 (PDF)
03.07.2005 Errata (PDF)