Markets & Operations

Energy Market

The PJM Energy Market procures electricity to meet consumers’ demands both in real time and in the near term. It includes the sale or purchase of energy in PJM’s Real-Time Energy Market (five minutes) and Day-Ahead Market (one day forward). Learn more about the energy market at the Learning Center.

Real-Time Energy Market

7-Day Load Forecast  
Hourly LMP:  
Daily | Settlements Verified Monthly LMP  
Marginal Fuel Type Data  
Hourly Load:
PreliminaryEstimated | Metered
 
Export Credit Screening: Nodal Reference Prices  
Drivers of Uplift  
Reserve Shortage Pricing Paper PDF 3.7.2023
Forecasted Interface Prices  
Primary Reserve Shortage Intervals From RT SCED XLS
10.20.2023

Real-Time Transmission Constraints

The marginal value files contain dates and times for binding constraints along with the marginal value, also called the shadow price, for those constraints in the Real-Time Energy Market.  
Marginal Value | Real Time  

Day-Ahead Energy Market

Hourly LMP:
Daily | Settlements Verified Monthly LMP
 
Monthly Financial Transmission Rights Zonal LMPs  
Hourly Demand Bids  
Nodal Reference Prices for Increment Offer & Decrement Bid Screening  
Path Reference Prices for Up-to-Congestion Bid Screening  
Daily Cleared INCs, DECs & UTCs  
Drivers of Uplift  
De-energized Nodes XLS
10.1.2024
Valid Bidding Locations for Virtual Bids XLS
10.1.2024
Default Transmission Constraint Penalty Factor (TCPF) PDF
6.9.2023
Valid Bidding Locations for UTC Bids XLS   6.1.2021
Winter Testing CSV
12.16.2019

Day-Ahead Transmission Constraints

The marginal value files contain dates and times for binding constraints along with the marginal value, also called the shadow price, for those constraints in the Day-Ahead Energy Market.
2018: Marginal ValueDay Ahead

Uplift Data

Daily Uplift Credits by Zone

Bid & Offer Data

Data Miner
 
Daily Energy Market Generation Offers - 4-month delay
Hourly Day-Ahead Demand Bids - 6-month delay  
Hourly Day-Ahead Increment Offer & Decrement - 4-month delay  
Monthly Demand Response Offers - 4-month delay  
Monthly Equivalent Forced Outage Rates  
Daily Generation Capacity  

Contact PJM


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

New to Energy Market?

Maps: Locational Marginal Pricing | Interregional Data | Dynamic Transfers
 
Real-Time Energy and Ancillary Service Co-Optimization Formulation PDF
6.1.2022

Training

How the energy market works in PJM
Find Upcoming Training
PJM 101 Basics: In Person
 

Tools

 
Overview
Data Miner - access historical data
Learn More | Sign In
Data Viewer - access real-time data
Learn More | Sign In
ExSchedule
Learn More | Sign In
InSchedule
Learn More | Sign In
Markets Gateway
Learn More | Sign In
Member Community
Submit demand bid: Access | Limit Increase
 
PJM Now
Learn More

Manuals

 
M-11: Energy & Ancillary Services Market Operations 
 WEBCurrentRedline PDF All Sections
Fuel Cost Policies

Generation Offers

Energy Offer Verification
Fuel Cost Policy

Parameter Limited Schedules

Unit Specific Parameter Adjustment FAQs PDF
2.23.2024
Unit Specific Adjustment Process Overview & Parameter Values PDF
10.24.2023
Temporary Operating Parameter Limit (PLS) Exceptions due to Pipeline Restrictions PDF
9.8.2023
Unit Specific Adjustment Request Template DY 2024/2025 XLS
10.18.2022
Matrix PDF
2.18.2015
Schedules Template XLS
9.1.2009

Residual Metered Load Pricing

Issue Tracking Detail  
Nodal vs. Zonal MWh Priced Load by Electric Distribution Company PDF
9.15.2023
Residual Metered Load Aggregate Pricing Frequently Asked Questions PDF
6.10.2015
Sample Locational Marginal Pricing Postings ZIP
4.14.2015
Revised ATSI & UGI Residual LMPs January - July 2014 XLS 2.10.2015
Overview PDF
9.18.2014
Training Materials  
Residual Metered Load Training Slides PDF 3.19.2015
Webex Training Recording 3.19.2015