Financial Transmission Rights

Financial Transmission Rights or FTRs allow market participants to offset potential losses (hedge) related to the price risk of delivering energy to the grid. FTRs are a financial contract entitling the FTR holder to a stream of revenues (or charges) based on the day-ahead hourly congestion price difference across an energy path. Learn more about financial transmission rights at the Learning Center.

FTR Default	Date
Hill Energy Resource and Services default information
FTR Positions Resulting from Default XLS	3.24.2022
Billed and Unbilled Results - Hill Portfolio as of 3.7.2022 XLS	3.11.2022
Collateral Summary Requested during 2.2.2022 Special MC PDF	2.15.2022
Example PJM Default Allocation Calculation PDF	1.25.2022
Members Committee Update PDF	1.24.2022
Email FTR Questions

Revenue Adequacy
Percent FTR Credit By Month XLS

Auction User Information

Opening, Closing and Clearing Dates for the FTR Auctions & Annual ARR Allocation

Web Calendar | Add to your calendar

	Date
2026 XLS	4.23.2026
2025 XLS	9.30.2024
2024 XLS	9.29.2023
2023 XLS	10.10.2022
2022 XLS	10.12.2021
2021 XLS	10.9.2020
2020 XLS	4.16.2020
2019 (XLS)	10.22.2018
2018 (XLS)	10.10.2018

Annual Auction Revenue Rights (ARR) Allocation

2026/2027

	Date
Facilities Loaded > 95% after Stage 1 XLS	3.16.2026
Valid Stage 2 Sources and Sinks XLS	3.12.2026
Stage 1A Over Allocation Notice PDF	3.9.2026
Stage 1A Over Allocation XLS	3.9.2026
Valid Stage 1B Hub, Interface and Zone Sources XLS	3.4.2026
Contingencies Modeled XLS	2.26.2026
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.24.2026
Transmission Outages XLS \| Modeling PDF	2.23.2026
Interface Contingencies Modeled XLS	2.23.2026
Key System Upgrades Scheduled XLS	2.23.2026
Uncompensated Flow Modeled on Historically Congested Facilities XLS	2.23.2026
IARRs for RTEP Upgrades Allocated PDF	2.12.2026
Point-to-Point ARR Nomination Form XLS	2.9.2026
Stage1 Resources by Zone XLS	2.6.2026
Stage 1A MW & NSPL XLS	2.20.2026
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	12.19.2025

2025/2026

	Date
Residual ARR Outages & Market Names XLS	3.30.2026
Bids XLS	5.29.2025
Facilities Loaded > 95% after Stage 1 XLS	3.17.2025
Valid Stage 2 Sources and Sinks XLS	3.13.2025
Stage 1A Over Allocation Notice PDF	3.10.2025
Stage 1A Over Allocation XLS	3.10.2025
Valid Stage 1B Hub, Interface and Zone Sources XLS	2.28.2025
Contingencies Modeled XLS	2.27.2025
Uncompensated Flow Modeled on Historically Congested Facilities XLS	2.26.2025
Transmission Outages XLS \| Modeling PDF	2.25.2025
Interface Contingencies Modeled XLS	2.24.2025
Key System Upgrades Scheduled XLS	2.24.2025
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.20.2025
IARRs for RTEP Upgrades Allocated PDF	2.18.2025
Stage 1 Resources by Zone XLS	2.14.2025
Point-to-Point ARR Nomination Form XLS	2.14.2025
Stage 1A MW & NSPL XLS	1.21.2025
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	1.28.2025

2024/2025

	Date
Residual ARR Outages & Market Names XLS	3.28.2025
Bids XLS	6.3.2024
Facilities Loaded > 95% after Stage 1 XLS	3.11.2024
Valid Stage 2 Sources and Sinks XLS	3.8.2024
Stage 1A Over Allocation Notice PDF	3.4.2024
Stage 1A Over Allocation XLS	3.4.2024
Valid Stage 1B Hub, Interface and Zone Sources XLS	2.28.2024
Contingencies Modeled XLS	2.22.2024
Interface Contingencies Modeled XLS	2.21.2024
Uncompensated Flow Modeled on Historically Congested Facilities XLS	2.21.2024
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.20.2024
Key System Upgrades Scheduled XLS	2.20.2024
Transmission Outages XLS \| Modeling PDF	2.20.2024
IARRs for RTEP Upgrades Allocated PDF	2.20.2024
Point-to-Point ARR Nomination Form XLS	2.14.2024
Stage 1 Resources by Zone XLS	2.6.2024
Stage 1A MW & NSPL XLS	1.23.2024
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	12.8.2023

2023/2024

	Date
Residual ARR Outages & Market Names XLS	4.30.2024
Interface Contingencies Modeled XLS	9.27.2023
Bids XLS	6.1.2023
Facilities Loaded > 95% after Stage 1 XLS	3.13.2023
Valid Stage 2 Sources and Sinks XLS	3.9.2023
Stage 1A Over Allocation Notice PDF	3.6.2023
Stage 1A Over Allocation XLS	3.6.2023
Uncompensated Flow Modeled on Historically Congested Facilities XLS	2.28.2023
Valid Stage 1B Hub, Interface and Zone Sources XLS	2.27.2023
Contingencies Modeled XLS	2.23.2023
Transmission Outages XLS \| Modeling PDF	2.21.2023
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.21.2023
Key System Upgrades Scheduled XLS	2.21.2023
IARRs for RTEP Upgrades Allocated PDF	2.15.2023
Point-to-Point ARR Nomination Form XLS	2.13.2023
Stage 1 Resources by Zone XLS	2.7.2023
Stage 1A MW & NSPL XLS	1.31.2023
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	12.7.2022

2022/2023

	Date
Residual ARR Outages & Market Names XLS	4.26.2023
Bids XLS	6.1.2022
Facilities Loaded > 95% after Stage 1 XLS	3.10.2022
Valid Stage 2 Sources XLS	3.9.2022
Stage 1A Over Allocation Notice PDF	3.3.2022
Stage 1A Over Allocation XLS	3.3.2022
Uncompensated Flow Modeled Historically Congested Facilities XLS	2.25.2022
Contingencies Modeled XLS	2.25.2022
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.18.2022
Key System Upgrades Scheduled XLS	2.17.2022
Transmission Outages XLS \| Modeling PDF	2.17.2022
Stage 1 Resources by Zone XLS	2.8.2022
IARRs for RTEP Upgrades Allocated PDF	2.8.2022
Point-to-Point ARR Nomination Form XLS	2.4.2022
Zonal Base Load XLS	1.26.2022
Stage 1 Retired & Initial Qualified Replacement Resources Zone XLS	12.2.2021

2021/2022

	Date
Residual ARR Outages & Market Names XLS	4.29.2022
Bids XLS	6.1.2021
Facilities at the Limit after Stage 2 XLS	5.17.2021
Facilities Loaded > 95% after Stage 1 XLS	3.11.2021
Valid Stage 2 Sources XLS	3.8.2021
Stage 1A Over Allocation Notice PDF	3.4.2021
Stage 1A Over Allocation XLS	3.4.2021
Contingencies Modeled XLS	2.24.2021
Uncompensated Flow Modeled Historically Congested Facilities XLS	2.23.2021
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.18.2021
Transmission Outages XLS \| Modeling PDF	2.17.2021
Key System Upgrades Scheduled XLS	2.17.2021
IARRs for RTEP Upgrades Allocated PDF	2.5.2021
Stage 1 Resources by Zone XLS	2.23.2021
Point-to-Point ARR Nomination Form XLS	2.4.2021
Zonal Base Load XLS	1.19.2021
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	12.1.2020

2020/2021

	Date
Residual ARR Outages & Market Names XLS	4.29.2021
Bids XLS	6.2.2020
Facilities at the Limit after Stage 2 XLS	5.19.2020
Valid Stage 2 Sources XLS	3.13.2020
Facilities Loaded > 95% after Stage 1 XLS	3.12.2020
Stage 1A Over Allocation XLS	3.12.2020
Stage 1A Over Allocation Notice PDF	3.5.2020
Contingencies Modeled XLS	2.28.2020
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.28.2020
Uncompensated Flow Modeled Historically Congested Facilities XLS	2.21.2020
Transmission Outages XLS \| Modeling PDF	2.20.2020
Key System Upgrades Scheduled XLS	2.14.2020
IARRs for RTEP Upgrades Allocated PDF	5.29.2020
Point-to-Point ARR Nomination Form XLS	2.10.2020
Stage 1 Resources by Zone XLS	2.4.2020
Zonal Base Load XLS	1.27.2020
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	12.2.2019

2019/2020

	Date
Bids XLS	5.31.2019
Residual ARR Outages & Market Names XLS	4.30.2020
Facilities at the Limit after Stage 2 XLS	5.8.2019
Facilities Loaded > 95% after Stage 1 XLS	3.14.2019
Valid Stage 2 Sources XLS	3.13.2019
Stage 1A Over Allocation Notice PDF	3.7.2019
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.22.2019
Transmission Outages XLS \| Modeling PDF	2.19.2019
Uncompensated Flow Modeled Historically Congested Facilities XLS	2.19.2019
Key Systems Upgrades Scheduled XLS	2.15.2019
IARRs for RTEP Upgrades Allocated PDF	2.11.2019
Stage 1 Resources by Zone XLS	2.22.2019
Point-to-Point ARR Nomination Form XLS	2.11.2019
Zonal Base Load XLS	1.30.2019
Stage 1 Retired & Initial Qualified Replacement Resourced by Zone XLS	12.21.2018

2018/2019

	Date
Bids XLS	12.3.2018
Facilities at the Limit after Stage 2 XLS	6.14.2018
Residual ARR Outages & Market Names XLS	4.29.2019
Facilities Loaded > 95% after Stage 1 XLS	3.15.2018
Valid Stage 2 Sources XLS	3.15.2018
Stage 1A Over Allocation Notice PDF	3.13.2018
Transmission Outages XLS \| Modeling PDF	2.27.2018
Uncompensated Flow Modeled Historically Congested Facilities XLS	2.22.2018
Stage 1 Resources by Zone XLS	2.21.2018
MISO Market-to-Market Firm Flow Entitlements Utilized for the Planning Period XLS	2.20.2018
Key System Upgrades Scheduled XLS	2.20.2018
Point-to-Point ARR Nomination Form XLS	2.13.2018
IARRs for RTEP Upgrades Allocated PDF	2.8.2018
Zonal Base Load XLS	1.22.2018
Stage 1 Retired & Initial Qualified Replacement Resources by Zone XLS	12.26.2017

2017/2018

	Date
Residual ARR Outages & Market Names XLS	4.17.2018

Annual FTR Auction

2026/2027

	Date
Round 2 Results CSV	4.23.2026
Round 1 Results CSV	4.15.2026
Contingencies Modeled CSV	4.2.2026
Valid Source/Sinks for Obligations XLS	4.2.2026
Valid Option Paths XLS	4.2.2026
Transmission Outages XLS \| Modeling PDF	4.1.2026

2025/2026

	Date
Residual ARR Outages & Market Names XLS	11.21.2025
NSPL ARR Credits Zonal XLS	5.16.2025
Round 4 Results XLS	5.6.2025
Round 3 Results XLS	4.29.2025
Round 2 Results XLS	4.22.2025
Round 1 Results XLS	4.15.2025
Contingencies Modeled XLS	4.3.2025
Valid Option Paths XLS	4.3.2025
Valid Source/Sinks for Obligations XLS	4.3.2025
Transmission Outages XLS \| Modeling PDF	4.2.2025

2024/2025

	Date
NSPL ARR Credits Zonal XLS	5.14.2024
Round 4 Results XLS	4.30.2024
Round 3 Results XLS	4.23.2024
Round 2 Results XLS	4.16.2024
Round 1 Results XLS	4.10.2024
Valid Option Paths XLS	4.8.2024
Valid Source/Sinks for Obligations XLS	3.28.2024
Contingencies Modeled XLS	3.28.2024
Transmission Outages XLS \| Modeling PDF	3.28.2024

2023/2024

	Date
NSPL ARR Credits Zonal XLS	5.12.2023
Round 4 Results XLS	5.1.2023
Contingencies Modeled XLS	4.24.2023
Round 3 Results XLS	4.24.2023
Round 2 Results XLS	4.17.2023
Round 1 Results XLS	4.10.2023
Valid Option Paths XLS	3.30.2023
Transmission Outages XLS \| Modeling PDF	3.29.2023
Valid Source/Sinks for Obligations XLS	3.29.2023

2022/2023

	Date
NSPL ARR Credits Zonal XLS	5.24.2022
Round 4 Results XLS	5.2.2022
Round 3 Results XLS	4.25.2022
Round 2 Results XLS	4.18.2022
Round 1 Results XLS	4.11.2022
Contingencies Modeled XLS	4.19.2022
Transmission Outages XLS \| Modeling PDF	3.29.2022
Valid Source/Sinks for Obligations XLS	3.29.2022
Valid Option Paths XLS	3.29.2022

2021/2022

	Date
NSPL ARR Credits Zonal XLS	5.25.2021
Round 4 Results XLS	5.3.2021
Round 3 Results XLS	4.26.2021
Round 2 Results XLS	4.19.2021
Round 1 Results XLS	4.12.2021
Contingencies Modeled XLS	4.2.2021
Transmission Outages XLS \| Modeling PDF	3.30.2021
Valid Source/Sinks for Obligations XLS	3.30.2021
Valid Option Paths CSV	3.30.2021

2020/2021

	Date
NSPL ARR Credits Zonal XLS	5.29.2020
Round 4 Results XLS	5.4.2020
Round 3 Results XLS	4.27.2020
Round 2 Results XLS	4.20.2020
Round 1 Results XLS	4.13.2020
Contingencies Modeled XLS	4.6.2020
Transmission Outages XLS \| Modeling PDF	4.1.2020
Valid Source/Sinks for Obligations XLS	4.1.2020
Valid Option Paths CSV	4.6.2020

2019/2020

	Date
NSPL ARR Credits Zonal XLS	5.14.2019
Round 4 Results XLS	5.6.2019
Round 3 Results XLS	4.29.2019
Round 2 Results XLS	4.22.2019
Round 1 Results XLS	4.15.2019
Valid Source/Sinks for Obligations CSV	4.19.2019
Valid Option Paths CSV	4.19.2019
Transmission Outages XLS \| Modeling PDF	4.5.2019

2015/2016

	Date
Valid Source/Sinks for Obligations CSV	3.24.2015

Long-Term FTR Auction

2026/2029

	Date
Results Round 5 XLS	3.11.2026
MISO Market-to-Market Firm Flow Entitlements Utilized for the Long-Term Auction Round 5 XLS	2.26.2026
Results Round 4 XLS	12.10.2025
Results Round 3 XLS	10.13.2025
Results Round 2 XLS	8.12.2025
Results Round 1 XLS	6.11.2025
Outages XLS	3.11.2026
Contingencies Modeled XLS	2.26.2026
Valid Pricing Nodes XLS	2.26.2026
Upgrades Modeled XLS	2.26.2026

2025/2028

	Date
Results Round 5 XLS	3.12.2025
MISO Market-to-Market Firm Flow Entitlements Utilized for the Long-Term Auction Round 5 XLS	2.26.2025
Results Round 4 XLS	12.11.2024
Results Round 3 XLS	10.10.2024
Outages XLS	3.12.2025
Results Round 2 XLS	8.12.2024
Contingencies Modeled CSV	2.26.2025
Valid Pricing Nodes XLS	2.26.2025
Upgrades Modeled XLS	2.26.2025
Results Round 1 CSV	6.12.2024

2024/2027

	Date
Results Round 5 XLS	3.12.2024
Outages XLS	3.12.2024
MISO Market-to-Market Firm Flow Entitlements Utilized for the Long-Term Auction Round 5 XLS	2.27.2024
Contingencies Modeled CSV	2.27.2024
Valid Pricing Nodes XLS	2.27.2024
Results Round 4 XLS	12.11.2023
Results Round 3 XLS	10.11.2023
Results Round 2 XLS	8.10.2023
Results Round 1 XLS	6.12.2023

2023/2026

	Date
Results Round 5 XLS	3.10.2023
Outages XLS	3.10.2023
Contingencies Modeled CSV	2.28.2023
MISO Market-to-Market Firm Flow Entitlements Utilized for the Long-Term Auction Round 5 XLS	2.28.2023
Valid Pricing Nodes CSV	2.27.2023
Results Round 4 XLS	12.12.2022
Results Round 3 XLS	10.12.2022
Results Round 2 XLS	8.10.2022
Results Round 1 XLS	6.13.2022

2022/2025

	Date
Results Round Five CSV	3.10.2022
Outages XLS	3.10.2022
MISO Market-to-Market Firm Flow Entitlements Utilized for the Long-Term Auction Round 5 XLS	2.28.2022
Contingencies Modeled CSV	2.25.2022
Valid Pricing Nodes CSV	2.25.2022
Results Round Four CSV	12.10.2021
Results Round Three CSV	10.13.2021
Results Round Two CSV	8.11.2021
Results Round One CSV	6.10.2021

2021/2024

	Date
Results Round 5 XLS	3.10.2021
MISO Market-to-Market Firm Flow Entitlements Utilized for the Long-Term Auction Round 5 XLS	2.24.2021
Results Round 4 XLS	12.10.2020
Results Round 3 XLS	10.13.2020
Results Round 2 XLS	8.12.2020
Outages XLS	3.10.2021
Results Round 1 XLS	6.11.2020
Valid Pricing Nodes CSV	2.24.2021
Contingencies Modeled CSV	2.25.2021

2020/2023

	Date
Results Round 3 XLS	12.11.2019
Results Round 2 XLS	9.12.2019
Results Round 1 XLS	6.12.2019
Valid Pricing Nodes CSV	11.25.2019
Outages XLS	12.11.2019

2019/2022

	Date
Results Round 3 XLS	12.12.2018
Results Round 2 XLS	9.13.2018
Outages XLS	12.12.2018
Valid Pricing Nodes CSV	11.29.2018

Monthly FTR Auctions
Valid Source/Sinks for Obligations: Prompt Month \| Non Prompt Month CSV
Valid Pricing Nodes Limited to Sell Offers XLS
Valid Option Paths CSV
Contingencies Modeled CSV
FTR Participant List CSV

Outage & Interface Modeling

	Date
2015/2016 Monthly Transmission Outages That May Cause Infeasibilities PDF	12.9.2015
Monthly Auctions
2026: Outages XLS \| Interface Ratings XLS
2025: Outages XLS \| Interface Ratings XLS
2024: Outages XLS \| Interface Ratings XLS
2023: Outages XLS \| Interface Ratings XLS
2022: Outages XLS \| Interface Ratings XLS
2021: Outages XLS \| Interface Ratings XLS
2020: Outages XLS \| Interface Ratings XLS
2019: Outages XLS \| Interface Ratings XLS
2018: Outages XLS \| Interface Ratings XLS
2017: Outages XLS \| Interface Ratings XLS
2016: Outages XLS \| Interface Ratings XLS
2015: Outages XLS \| Interface Ratings XLS
2014: Outages XLS \| Interface Ratings XLS
2013: Outages XLS \| Interface Ratings XLS
2012: Outages XLS \| Interface Ratings XLS
2011: Outages XLS \| Interface Ratings XLS
2010: Outages XLS
2009: Outages XLS

Monthly Auction Results (January 2006 to present)

FTR Credit	Date
IM-H Historical Data ZIP	3.16.2026
Sample of Monthly Algorithm Run XLS	2.10.2025
IM-H Unwind Schedule for Long Term XLS	12.15.2025
Class Period Hours XLS	5.20.2025
Sample of Long-Term Algorithm Run XLS	1.18.2024
IM-H Cushion for Standard Deviation to Percentile XLS	9.8.2022

FTR Portfolio Liquidation	Date
Default Allocation Assessment
Default Allocation Assessment Timeline PDF	6.15.2021
August 2018 Estimated Net Profit / (Loss) had Positions not been Liquidated XLS	9.12.2018
FTR Positions for Liquidation Resulting From Member Default XLS	8.27.2018
Example PJM Default Allocation Calculation PDF	8.21.2018
August 2018 Liquidated Auction Position Results XLS	7.27.2018
Member Communications
Instructions Regarding Payee Fund Under FTR Waiver Settlement PDF	1.3.2020
Report of the Independent Consultants on the Greenhat Default \| Letter from the PJM Board Special Committee PDF	3.26.2019
Liaison Committee Letter Regarding Greenhat Energy Default PDF	10.16.2018
FTR Liquidation Problem Statement and Issue Charge PDF	8.27.2018
Potential FTR Liquidation Process Alternatives Presentation - 8.23.2018 MRC Meeting PDF	8.23.2018
FTR Default Credit Enhancements Liquidation Process - 8.8.2018 MIC Meeting PDF	8.8.2018
Notification of Greenhat Energy, LLC Payment Default - 6.22.2018 PDF	7.25.2018
FTR Default Liquidation Update - 7.26.2018 MRC Meeting PDF	7.26.2018
FERC Filings
Docket No. ER18-x-000 FTR Liquidation Revisions Transmittal with Attachments PDF	8.24.2018
Docket No. ER18-2068-000 Clarification Letter - FTR Liquidation Waiver Request PDF	8.24.2018
Docket No. ER18-2068-000 - Waiver Request PDF	7.26.2018

FTR Auction Bids
Annual - 4-month delay
Long Term - 4-month delay
Monthly - 4-month delay

Contact PJM
(866) 400-8980 (610) 666-8980 Member Relations

New to Financial Transmission Rights?
FTR Market FAQs
FTRs: Protection Against Congestion Charges PDF
FTR Auction Results Example XLS contains sample WkndOnPeak and DailyOffPeak data for file format purposes, data is fabricated and not meaningful
Q&A for New FTR Class Types PDF
Q&A for Historical Simulation Initial Margining (HSIM) Implementation PDF

Training
Upcoming Training \| Resources

Task Forces
ARR FTR Market Task Force (AFMTF) Upcoming Meetings / Past Meeting Materials
FTR/ARR Senior Task Force (FTRSTF) Past Meeting Materials
Issue Tracking ARR/FTR Market Review

Tools
Overview
FTR Center
Learn More \| Sign In

Manuals
M-6: Financial Transmission Rights WEB \| Current \| Redline PDF	All sections
Agreements
Operating Agreement WEB \| PDF	Sections 5 & 7
Open Access Transmission Tariff WEB \| PDF - Schedule 9.2	Sections 9.2

Model Information
Network Model User Guide PDF	6.4.2024

Annual FTR & ARR Process Details on the Network Model Used in the 2026/2027 Auction

500kV Mapping CSV
Aggregate Definitions CSV
B1 - B2 - B3 Power System Simulator for Engineering (PSSE) Mapping File CSV
Load Apportionment Zones Hubs CSV
FTR Flow Circuit Breaker Constraint Definitions Limits CSV
Phase Angle Regulator (PAR) Data CSV
PJM Interface Definitions Limits CSV
Power System Simulator for Engineering (PSSE) Branch Mapping File CSV
Uncompensated Parallel Flow CSV
Model CEII Data – requires additional access to view the following content: Contingency Flowgate List (XLS) Contingency List Power System Simulator for Engineering (PSSE) Compatible (TXT) PJM Network Model (RAW) Network Model Saved Case (SAV) FTR Auction Sensitivities (CSV)

Long-Term & Monthly FTR Auction Process Details on the Network Model Used

500kV Mapping CSV
Aggregate Definitions CSV
Aggregate Definitions - Long-Term Round 5 CSV
B1 - B2 - B3 Power System Simulator for Engineering (PSSE) Mapping File CSV
FTR Flow Circuit Breaker Constraint Definitions Limits CSV
Load Apportionment Zones Hubs CSV
Load Apportionment Zones Hubs - Long-Term Round 5 CSV
Phase Angle Regulator (PAR) Data CSV
PJM Interface Definitions Limits CSV
Power System Simulator for Engineering (PSSE) Branch Mapping File CSV
Uncompensated Parallel Flow CSV
Model CEII Data – requires additional access to view the following content: Contingency Flowgate List (XLS) Contingency List Power System Simulator for Engineering (PSSE) Compatible (TXT) PJM Network Model (RAW) Network Model Saved Case (SAV) FTR Auction Sensitivities (CSV)

FTRs Affected by LMP Bus Model Updates

	Date
3.11.2026 CSV	3.4.2026
12.17.2025 CSV	12.10.2025
9.17.2025 CSV	9.10.2025
6.11.2025 CSV	6.4.2025
3.12.2025 CSV	3.5.2025
12.11.2024 CSV	12.4.2024
9.18.2024 CSV	9.17.2024
6.12.2024 CSV	6.10.2024
3.13.2024 CSV	3.7.2024
12.13.2023 CSV	12.7.2023
9.20.2023 CSV	9.13.2023
6.7.2023 CSV	5.31.2023
3.15.2023 CSV	3.14.2023
12.7.2022 CSV	12.1.2022
9.14.2022 CSV	9.7.2022
5.20.2022 CSV	5.13.2022
3.11.2022 CSV	3.7.2022
12.8.2021 CSV	12.1.2021
9.17.2021 CSV	9.13.2021
6.1.2021 CSV	5.25.2021
5.19.2021 CSV	5.12.2021
3.10.2021 CSV	3.3.2021
12.9.2020 CSV	12.2.2020
10.1.2020 CSV	9.15.2020
9.16.2020 CSV	9.9.2020
6.1.2020 CSV	6.3.2020
5.28.2020 CSV	5.28.2020
3.11.2020 CSV	3.4.2020
12.11.2019 CSV	12.4.2019
9.25.2019 CSV	9.18.2019
5.22.2019 CSV	5.16.2019
3.13.2019 CSV	3.12.2019
12.12.2018 CSV	12.12.2018
12.1.2018 CSV	11.28.2018
9.21.2018 CSV	9.20.2018
5.23.2018 CSV	5.22.2018
3.14.2018 CSV	3.13.2018
12.20.2017 CSV	12.19.2017
5.24.2017 CSV	5.24.2017
12.14.2016 CSV	12.13.2016
9.14.2016 CSV	9.13.2016

Incremental Auction Revenue Rights (IARR)

Historical IARR requests can be found on the New Services Queue page by filtering Project Types as Upgrade Requests.

PJM IARR Model Development & Analysis PDF
2025/2026 IARR Limiting Facilities-Preliminary List CSV

IARR Network Model used in 2025/2026 Planning Period

	Date
500 kV Mapping CSV	11.12.2025
Aggregate Def CSV	11.12.2025
B1-B2-B3-to-PSSE Mapping File CSV	11.12.2025
Branch Mapping File CSV	11.12.2025
Load Apportionment Zones Hubs CSV	11.12.2025
Par Data CSV	11.12.2025
Interface Definitions Limits CSV	11.12.2025
Uncompensated Parallel Flow CSV	11.12.2025
Model Critical Energy Infrastructure Information Data - - requires additional access to view the following content: Contingency Flowgate List (XLS) Contingency List PSSE Compatible (TXT) IARR Model (SAV) IARR Model (RAW)

Financial Transmission Rights

FTR Default

Revenue Adequacy

Auction User Information

Opening, Closing and Clearing Dates for the FTR Auctions & Annual ARR Allocation

Annual Auction Revenue Rights (ARR) Allocation

Annual FTR Auction

Long-Term FTR Auction

Monthly FTR Auctions

FTR Credit

FTR Portfolio Liquidation

FTR Auction Bids

Contact PJM

New to Financial Transmission Rights?

Training

Task Forces

Tools

FTR Center

Manuals

Agreements

Model Information

Incremental Auction Revenue Rights (IARR)