Energy Price Formation Senior Task Force Changes in fuel and technology combined with a slow-down in demand growth are influencing the markets and have revealed an opportunity to enhance energy market pricing so that prices accurately reflect the true incremental cost of serving load and minimize the need to recover those costs through out-of-market uplift payments. The Energy Price Formation Senior Task Force will evaluate proposals to enhance incentives for following load and increase flexibility to meet future electricity needs as directed by the Markets and Reliability Committee. Facilitator: Susan Kenney Secretary: Andrea Yeaton During the meeting, if you are experiencing issues with connectivity or teleconference, please contact Meeting Support. For registration issues, contact PJM. Roster PDF | Updates Date Final Report PDF 12.12.2023 Charter PDF 4.27.2022 PJM Board Letter Regarding Energy Market Price Formation PDF 4.12.2018 ORDC & Transmission Constraint Penalty Factors: Problem Statement | Issue Charge PDF 8.16.2021 Energy Price Formation: Problem Statement | Issue Charge PDF 3.22.2018 FAQs PDF 1.22.2018 PJM FERC Filing Simulation Results Summary | Results PDF 3.28.2019 Simulation - Total Daily LMP XLS 3.29.2019 Simulation - Results XLS 4.10.2019 Simulation - Fast Start Pricing - Results Hourly LMP XLS 6.28.2019 Uncertainty Data for ORDC 30 Minute | 60 Minute XLS 5.8.2019 OPSI Requested Simulation Results PJM/OPSI Energy Price Formation: Summary PDF | Results XLS 3.28.2019 Price Formation Education Sessions Education Material for Proposed Goals PDF 5.2.2018 Summary of PJM Proposal and ORDC Presentations PDF 10.22.2018