PJM Coronavirus (COVID-19) Information

Committees & Groups

Issue Details

ARR/FTR Market Review

The ARR FTR Market Task Force (AFMTF) will conduct a comprehensive review of the ARR/FTR market design including allocation of congestion rights, FERC objectives, value proposition, and opportunities for enhancements.

Issue Details

Strategic Focus Area: Markets
Issue Status: Evaluation in Progress
Stakeholder Body: ARR FTR Market Task Force
Stakeholder Process Status: Education
Issue Catalyst: Dominion Energy, Exelon, NextEra Power Marketing, PSEG Energy Resources & Trade, Dynegy Marketing & Trade, Vitol, and the Financial Marketers Coalition.
Date Created: 10.16.2019
MC Approval Date:
Target Completion Date: 1.31.2021
Actual Completion Date:
FERC Filing(s): Yes
Agreement Change(s):
Manual Change(s): No
MC Annual Plan: 2020
Date Documents
9.2.2020 Meeting materials from the MIC meeting
Draft Minutes - MIC - 8.5.2020  PDF
2.19.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Agenda  DOC
Item 1 - Draft Minutes - AFMTF - 1.13.2020  PDF
Item 3 - ARR/FTR Offset & Price Convergence  PDF
Item 4 - Existing FTR Construct Education  PDF
5.27.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Agenda  DOC
Item 1 - Draft Minutes - AFMTF - 4.29.2020  PDF
Item 2A - FTR Review - Initial Scope  PDF
Item 2B - Work Plan  PDF
Item 2C - Post Meeting Comments  PDF
Item 3A - Issues & Next Steps  PDF
Item 3B - Congestion  PDF
Item 4 - Load Serving Entities - Perspective on AFMTF Design  PDF
Item 5 - Congestion Rents & cLMP  PDF
Item 6 - Options & Packages Matrix  XLS
4.15.2020 Meeting materials from the MIC meeting
Agenda  PDF
Item 6 - AFMTF Status  PDF
3.25.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Agenda  DOC
Item 1 - Draft Minutes - AFMTF - 2.19.2020  PDF
Item 2 - Work Plan  PDF
Item 5 - FTR PTP Construct  PDF
Item 6 - Existing FTR Construct Education - Part 2  PDF
Item 7 - PJM Bill & Congestion Paid  PDF
Item 8 - CAISO CRR Market Overview  PDF
Item 9 - ERCOT Congestion Revenue Rights Market Overview  PDF
7.22.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Agenda  DOC
Item 1 - Draft Minutes - AFMTF - 6.26.2020  PDF
Item 2 - Poll Results  PDF
Item 3 - Congestion by Constraint Two Settlement  PDF
Item 3A - Constraint Based Congestion Calculations  PDF
Item 3B - 12 Bus Base Impedance & DFAX - Post Meeting  XLS
6.26.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Agenda  DOC
Item 1 - Draft Minutes - AFMTF - 5.27.2020  PDF
Item 2A - Review Scope of Work  PDF
1.13.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Agenda  DOC
Item 2 - Issue Charge  PDF
Item 3 - Work Plan  PDF
Item 4 - History & Evolution of FTRs in PJM  PDF
Item 5 - FTR History  PDF
8.5.2020 Meeting materials from the MIC meeting
Agenda  PDF
Item 3 - Hiatus Recommendation  PDF
4.29.2020 Meeting materials from the AFMTF meeting
Agenda  PDF
Item 1 - Draft Minutes - AFMTF - 3.25.2020  PDF
Item 2 - Issue Charge - Approved  PDF
Item 2 - Work Plan  PDF
Item 2 - Comparison of Congestion Hedging Markets & Auction Revenue Allocations  XLS
Item 2 - Comparison of Congestion Hedging Markets & Auction Revenue Allocations - Post Meeting  XLS
Item 3 - IARR Education  PDF
Item 4 - FTR Market Review Whitepaper Overview  PDF
Item 5 - ARRs & FTRs  PDF
Item 6 - Response to PJM  PDF
Item 7 - ARR Allocation & Cross Subsidies  PDF
Item 8 - Analysis of PJM ARR FTR Market Design & Reform Options  PDF
Item 8 - CAPS Brief PJM FTR Design Review  PDF
Item 8 - Options for Reforming ARR FTR Market Design  PDF
Item 9 - Options & Packages Matrix  XLS
Date Type Documents
There are no governing documents currently associated with this issue