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State of the Market


mmu,report,reports,somThe 2007 PJM State of the Market Report is prepared by the Market Monitoring Unit.

Because of its size, the report is available in nine parts for download, or those with higher bandwidth may download the document as a whole.

Volume I - 03.11.2008
Volume I (2MB PDF) of the 2007 State of the Market Report is the Introduction. More detailed analysis and results are included in Volume II.

Volume II - 2007 State of the Market - full version (21MB PDF)

Volume II - 03.11.2008
Section 1 - Introduction (3MB PDF)
Section 2 - Energy Market, Part 1 (5MB PDF)
Section 3 - Energy Market, Part 2 (PDF)
Section 4 - Interchange Transactions (5MB PDF)
Section 5 - Capacity Markets (4MB PDF)
Section 6 - Ancillary Services (PDF)
Section 7 - Congestion (4MB 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 - Load Definitions
     Appendix J - Calculating Marginal Losses
     Appendix K - Calculation and Use of Generator
                           Sensitivity/Unit Participation Factors
     Appendix L - Three Pivotal Supplier Test
     Appendix M - Glossary
     Appendix N - List of Acronyms
Errata
     Appendix O (PDF)

Reports for previous years are available in the PJM State of the Market Report Archive.