Course Title:	LMP 101
Description:	This one-day course provides an in-depth look at locational marginal pricing (LMP) and related concepts. The course will examine the inputs to LMP, how LMP is used in PJM and provide several LMP examples. Dynamic simulations of LMP will also be presented. Financial Transmission Rights (FTRs) will also be defined and explained as a hedging mechanism to transmission congestion charges.
Schedule:
Slides:
Intended Audience:	This course is recommended for those who require a working knowledge of LMP, its inputs and how it is calculated. It is also recommended for participants in the FTR markets.
Prerequisites:	An understanding of generation dispatch is helpful but not required.
Cost:	There is no charge to PJM Members. Non-Members are charged a nominal fee. Please contact TrainingSupport@pjm.com for more details.

PJM reserves the right to discontinue registration and/or cancel training sessions if enrollment is not sufficient. Every effort will be made to notify registrants if a change is made.