Energy Price Formation Senior Task Force
Changes in fuel and technology combined with a slow-down in demand growth are influencing the markets and have revealed an opportunity to enhance energy market pricing so that prices accurately reflect the true incremental cost of serving load and minimize the need to recover those costs through out-of-market uplift payments. The Energy Price Formation Senior Task Force will evaluate proposals to enhance incentives for following load and increase flexibility to meet future electricity needs as directed by the Markets and Reliability Committee.
Facilitator: Susan Kenney
Secretary: Andrea Yeaton
During the meeting, if you are experiencing issues with connectivity or teleconference, please contact Meeting Support. For registration issues, contact PJM.
|
Date
|
|
|---|---|
| Final Report PDF | 12.12.2023 |
| Charter PDF | 4.27.2022 |
| PJM Board Letter Regarding Energy Market Price Formation PDF |
4.12.2018 |
| ORDC & Transmission Constraint Penalty Factors: Problem Statement | Issue Charge PDF |
8.16.2021 |
| Energy Price Formation: Problem Statement | Issue Charge PDF |
3.22.2018 |
| FAQs PDF | 1.22.2018 |
| PJM FERC Filing Simulation Results |
|
| Summary | Results PDF |
3.28.2019 |
| Simulation - Total Daily LMP XLS |
3.29.2019 |
| Simulation - Results XLS | 4.10.2019 |
| Simulation - Fast Start Pricing - Results Hourly LMP XLS | 6.28.2019 |
| Uncertainty Data for ORDC | |
| 30 Minute | 60 Minute XLS | 5.8.2019 |
| OPSI Requested Simulation Results |
|
| PJM/OPSI Energy Price Formation: Summary PDF | Results XLS | 3.28.2019 |
| Price Formation Education Sessions |
|
| Education Material for Proposed Goals PDF |
5.2.2018 |
| Summary of PJM Proposal and ORDC Presentations PDF | 10.22.2018 |
Upcoming Meetings
|
Meeting
|
Date
|
Time
|
Attendance
|
|
|---|---|---|---|---|
| No records found | ||||
Upcoming Meetings
| No records found |
Meeting Materials
12.12.2022 - Energy Price Formation Senior Task Force
11.21.2022 - Energy Price Formation Senior Task Force
| 11.16.2022 | Agenda PDF | |
| 11.16.2022 | Agenda-doc DOC | |
| 11.16.2022 | Draft Minutes - EPFSTF - 9.9.2022 PDF | |
| 11.16.2022 | Item 02 - Work Plan XLS | |
| 11.16.2022 | Item 03 - Key Work Activity 3 Discussion0 PDF | |
| 11.16.2022 | Item 04A - Circuit Breaker Status PDF | |
| 11.16.2022 | Item 04B - Matrix - Circuit Breaker XLS |
10.17.2022 - Energy Price Formation Senior Task Force
| 9.15.2022 | Draft Minutes - EPFSTF - 9.9.2022 PDF | |
| 9.19.2022 | Item 02 - EFPSTF Voting Results PDF |
9.9.2022 - Energy Price Formation Senior Task Force
| 9.6.2022 | Agenda PDF | |
| 9.6.2022 | Agenda-doc DOC | |
| 8.19.2022 | Draft Minutes - EPFSTF - 8.15.2022 PDF | |
| 9.6.2022 | Informational Only - Frequency of Shortage Conditions PDF | |
| 9.6.2022 | Informational Only - Shortage Pricing Tariff Provisions PDF | |
| 9.9.2022 | Item 02 - Workplan XLS | |
| 9.9.2022 | Item 03 - Matrix - TCPF XLS | |
| 9.12.2022 | Item 03 - Matrix - TCPF - post meeting XLS | |
| 9.12.2022 | Item 04D - Circuit Breaker - Joint Stakeholders - Presentation PDF | |
| 9.9.2022 | Item 04F - Circuit Breaker Package Comparison XLS | |
| 9.16.2022 | Item 04F - Circuit Breaker Package Comparison - post meeting XLS | |
| 9.9.2022 | Item 04 - Matrix - Circuit Breaker XLS | |
| 9.12.2022 | Item 04 - Matrix - Circuit Breaker - post meeting XLS | |
| 11.21.2022 | Minutes - EPFSTF - 9.9.2022 PDF |
8.15.2022 - Energy Price Formation Senior Task Force
| 8.12.2022 | Agenda PDF | |
| 8.12.2022 | Agenda-doc DOC | |
| 8.10.2022 | Draft Minutes - EPFSTF - 7.19.2022 PDF | |
| 8.10.2022 | Item 02 - Workplan XLS | |
| 8.12.2022 | Item 03A - Circuit Breaker Methodology Package Comparison XLS | |
| 8.12.2022 | Item 03B - IMM - Circuit Breaker Presentation PDF | |
| 8.10.2022 | Item 03CA - Joint Stakeholders - Circuit Breaker - Presentation PDF | |
| 8.10.2022 | Item 03CB - Joint Stakeholders - Circuit Breaker - Presentation Matrix XLS | |
| 8.12.2022 | Item 03E - DTE Energy Trading - Circuit Breaker Proposal PDF | |
| 8.12.2022 | Item 03 - Matrix - Circuit Breaker XLS | |
| 8.10.2022 | Item 04 - Matrix - TCPF XLS | |
| 9.14.2022 | Minutes - EPFSTF - 8.15.2022 PDF |
7.19.2022 - Energy Price Formation Senior Taskforce
| 7.14.2022 | Agenda PDF | |
| 7.14.2022 | Agenda-doc DOC | |
| 7.1.2022 | Draft Minutes - EPFSTF - 6.30.2022 PDF | |
| 7.14.2022 | Item 02 - Workplan XLS | |
| 7.18.2022 | Item 03 - Matrix - Circuit Breaker XLS | |
| 7.18.2022 | Item 04 - Matrix - TCPF XLS | |
| 7.18.2022 | Item 05 - IMM Circuit Breaker PDF | |
| 7.18.2022 | Item 06 - IMM - TCPF Circuit Breaker PDF | |
| 8.19.2022 | Minutes - EPFSTF - 7.19.2022 PDF |
6.30.2022 - Energy Price Formation Senior Task Force
| 6.28.2022 | Agenda PDF | |
| 6.28.2022 | Agenda-doc DOC | |
| 6.28.2022 | Draft Minutes - EPFSTF - 5.23.2022 PDF | |
| 6.27.2022 | Informational Posting - Default Service Programs Survey XLS | |
| 6.1.2022 | Informational Posting - Energy and Ancillary Service Co-Optimization Formulation PDF | |
| 6.28.2022 | Item 02 - Workplan XLS | |
| 6.28.2022 | Item 04 - Survey Results - June 2022 PDF | |
| 6.28.2022 | Item 05 - Matrix - Circuit Breaker XLS | |
| 6.28.2022 | Item 06 - Matrix - TCPF XLS | |
| 7.22.2022 | Minutes - EPFSTF - 6.30.2022 PDF |
5.23.2022 - Energy Price Formation Senior Task Force
| 5.18.2022 | Agenda PDF | |
| 5.18.2022 | Agenda DOC | |
| 5.12.2022 | Draft Minutes - EPFSTF - 5.6.2022 PDF | |
| 5.18.2022 | Item 03 - Circuit Breaker Matrix XLS | |
| 5.18.2022 | Item 04 - Draft Polling Questions PDF | |
| 5.18.2022 | Item 05 - Transmission Constraint Penalty Factor Matrix XLS | |
| 7.1.2022 | Minutes - EPFSTF - 5.23.2022 PDF |
5.6.2022 - Energy Price Formation Senior Task Force
| 5.3.2022 | Agenda PDF | |
| 5.3.2022 | Agenda DOC | |
| 4.26.2022 | Draft Minutes - EPFSTF - 4.20.2022 PDF | |
| 5.3.2022 | Item 02 - Transmission Constraint Penalty Factors - Reliability Impact PDF | |
| 5.3.2022 | Item 03 - ISO/RTO Transmission Shortage Summary PDF | |
| 5.3.2022 | Item 04 - Transmission Constraint Penalty Factor - Matrix XLS | |
| 5.6.2022 | Item 04 - Transmission Constraint Penalty Factor - Matrix - Post Meeting XLS | |
| 5.3.2022 | Item 05 - Work Plan XLS | |
| 5.4.2022 | Item 06 – Circuit Breaker Matrix XLS | |
| 5.26.2022 | Minutes PDF | |
| 5.5.2022 | Draft Polling Questions PDF |
4.20.2022 - Energy Price Formation Senior Task Force
| 4.15.2022 | Agenda PDF | |
| 4.15.2022 | Agenda DOC | |
| 5.6.2022 | Minutes PDF | |
| 4.6.2022 | Draft Minutes - EPFSTF - 4.5.2022 PDF | |
| 4.15.2022 | Item 2 - Workplan XLS | |
| 4.15.2022 | Item 3A - Pricing Impacts of Reserve Shortages - Updated PDF | |
| 4.15.2022 | Item 3 - Narrative on Energy and Reserve Co-Optimization and Price Capping Impacts of Reserve - Updated PDF | |
| 4.18.2022 | Item 4 - Energy & Reserve Pricing Capping in Other ISOs PDF | |
| 4.22.2022 | Item 5 - Circuit Breaker Trigger Data - Post Meeting PDF | |
| 4.15.2022 | Item 6 - Matrix - Circuit Breaker XLS |
4.5.2022 - Energy Price Formation Senior Task Force
| 3.31.2022 | Agenda PDF | |
| 3.31.2022 | Agenda DOC | |
| 4.26.2022 | Minutes PDF | |
| 3.22.2022 | Draft Minutes - EPFSTF - 3.16.2022 PDF | |
| 3.31.2022 | Item 2 - EPFDTF Work Plan - Revised XLS | |
| 3.31.2022 | Item 3 - APR EPFSTF TCPF PDF | |
| 3.31.2022 | Item 4 - Transmission Constraint Penalty Facors Education PDF | |
| 3.31.2022 | Item 5 - TCPF - Matrix XLS | |
| 4.6.2022 | Item 5 - TCPF Matrix - Post Meeting XLS |
3.16.2022 - Energy Price Formation Senior Task Force
| 3.11.2022 | Agenda PDF | |
| 3.11.2022 | Agenda DOC | |
| 4.6.2022 | Minutes PDF | |
| 2.23.2022 | Draft Minutes - EPFSTF - 2.16.2022 PDF | |
| 3.11.2022 | Item 2 - Charter Revision PDF | |
| 3.15.2022 | Item 3 - Pricing Impacts of Reserve Shortages PDF | |
| 3.11.2022 | Matrix XLS | |
| 3.16.2022 | Matrix - Post Meeting XLS |
2.16.2022 - Energy Price Formation Senior Task Force
| 2.11.2022 | Agenda PDF | |
| 2.11.2022 | Agenda DOC | |
| 3.16.2022 | Minutes PDF | |
| 2.11.2022 | Item 1 - Draft Minutes - EPFSTF - 12.10.2021 PDF | |
| 2.15.2022 | Item 2 - FERC Order on Voluntary Remand PDF | |
| 2.11.2022 | Item 3 - Circuit Breaker Simulation PDF | |
| 2.11.2022 | Item 4 - Circuit Breaker Design Objectives PDF | |
| 2.11.2022 | Item 5 - Charter Revision PDF |
12.10.2021 - Energy Price Formation Senior Task Force
Materials submitted to PJM by PJM Members or any other stakeholder for posting on PJM.com shall not imply support or endorsement by PJM Interconnection.