LMP/FTR 101

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 within PJM and provide several LMP examples. Fixed Transmission Rights (FTRs) will also be defined and explained as a hedging mechanism to transmission congestion charges.

Course Details


Power Marketers/Traders
Load Serving Entities/Electric Distribution Co.
In Person
• Definition of Locational Marginal Pricing (LMP)
• LMP Examples
• Financial Transmission Rights (FTRs)
• FTR Auctions
• FTR Center

If you would like to see this course scheduled in the near future, click "Add to LMS wishlist" to access the LMS.
There is no charge to PJM Members or Governmental Entities. Non-Members are charged a nominal fee. Please contact Training Support for more details. All training materials will be provided.