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.
• Definition of Locational Marginal Pricing (LMP)
• LMP Examples
• Financial Transmission Rights (FTRs)
• FTR Auctions
• FTR Center
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.