PJM · Pricing

PJM real-time constraint marginal values

PJM's settled record of every transmission constraint that bound in the real-time market, five minutes at a time, with its contingency, shadow price (negative, in PJM's convention), penalty factor and limit control percentage. Posted about three days late, on business days.

pjm-rt-marginal-valueevery 5 min, posted ~3 days late · 5m rows60 entities

What is in it

Updates
every 5 min, posted ~3 days late · 5m rows
Entities
60 entities — APSOUTH, BED-BLA…
Source timezone
US Eastern — every timestamp Dryos serves is UTC
Coverage
6 September 2026 to now
Rows held
8,449
Primary key
iso, constraint_name, contingency, interval_start_utc

What it measures

Every value, its unit, and what the source means by it.

  • Marginal value$/MWh

    The constraint's settled shadow price for the interval; negative in PJM's convention.

    shadow_price

Columns

Exactly what a request answers with, read from the API rather than written here.

ColumnTypeDescription
interval_start_utcrequiredtimestampStart of the interval, UTC, read from PJM's own UTC column.e.g. 2026-09-09T12:30:00Z
isorequiredstringPublishing ISO.e.g. PJM
constraint_namerequiredstringThe monitored facility as PJM names it — a line, transformer or interface.e.g. Chicago - Praxair3 138 kV l/o Wilton Center - Dumont 765 kV
contingencyrequiredstringThe contingency the constraint bound for, as PJM names it (`ACTUAL` for the base case in the day-ahead market).e.g. Dumont-Wilton Center 765kV
shadow_pricerequirednumberThe constraint's marginal value, $/MWh. Negative in PJM's convention, as on `pjm-binding-constraints`.e.g. -350.61
penalty_factornumberThe transmission constraint penalty factor in force, $/MWh.e.g. 630.8
limit_control_pctnumberThe limit control percentage the dispatch applied, %.e.g. 100
source_published_at_utctimestampWhen PJM published the row, UTC.
collected_at_utcrequiredtimestampWhen Dryos collected this row, UTC. Stamped by the platform, not the collector.e.g. 2026-09-09T12:35:12Z

Read it

Public, read-only, no key and no sign-up. Relative times stay relative, so a URL keeps working.

The newest rows

shell
curl "https://api.dryos.ai/v1/datasets/pjm-rt-marginal-value/query?node=APSOUTH&limit=12"

The catalogue entry — every column, its type and the source

shell
curl "https://api.dryos.ai/v1/datasets/pjm-rt-marginal-value"

Hourly averages for the last day

shell
curl "https://api.dryos.ai/v1/datasets/pjm-rt-marginal-value/query?node=APSOUTH&start=-24h&interval=1h&agg=avg"

Full parameters — bucketing, aggregation, filters and search — are on the API reference.

Ask an agent

The same stream through the Model Context Protocol, so Claude, ChatGPT, Cursor or any MCP client can query it directly.

shell
claude mcp add --transport http dryos https://api.dryos.ai/mcp

Then ask:

What has Marginal value been at APSOUTH over the last 24 hours, and when did it peak?

Setup for every client is on the MCP server page.

Changes to this collector

A change in the collector is a change in the data. Anyone reading a step in a series is owed the day it moved under them.

  1. 2026-09-13

    First collected, from PJM Data Miner 2.

    PJM's settled shadow prices, kept by PJM indefinitely. Reconciled against live responses on 2026-09-13.

How this stream is checked

  • Pulled straight from PJM Data Miner 2 · rt_marginal_value — no reseller in between — and compared against that file before it is served.
  • Null means the source did not report it — never zero.
  • A reading lands every 5 min, posted ~3 days late; the interval timestamp is the start of the interval, in UTC.
  • PJM's Eastern Prevailing Time observes daylight saving; its rows carry UTC as well. Every timestamp Dryos serves is UTC.

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