Day-ahead Congestion Price definition

Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.
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Examples of Day-ahead Congestion Price in a sentence

  • For the purposes of calculating Transmission Congestion Credits, the Day-ahead Congestion Price of a Zone is calculated as the sum of the Day-ahead Congestion Price of each bus that comprises the Zone multiplied by the percent of annual peak load assigned to each node in the Zone.

  • Commencing with the 2015/2016 Planning Period, for the purposes of calculating Transmission Congestion Credits, the Day-ahead Congestion Price of a Residual Metered Load aggregate is calculated as the sum of the Day-ahead Congestion Price of each bus that comprises the Residual Metered Load aggregate multiplied by the percent of the annual peak residual load assigned to each bus that comprises the Residual Metered Load aggregate.

  • The hourly economic value of a Financial Transmission Right Option is zero (neither a benefit nor a liability to the FTR Hholder) when the Day-ahead Congestion Price at the point of receipt is higher than the Day-ahead Congestion Price at the point of delivery.

  • Commencing with the 2015/2016 Planning Period, for the purposes of calculating Transmission Congestion Credits, the Day- ahead Congestion Price of a Residual Metered Load aggregate is calculated as the sum of the Day-ahead Congestion Price of each bus that comprises the Residual Metered Load aggregate multiplied by the percent of the annual peak residual load assigned to each bus that comprises the Residual Metered Load aggregate.

  • The hourly economic value of a Financial Transmission Right Obligation is negative (a liability to the FTR Hholder) when the Day-ahead Congestion Price at the point of receipt is higher than the Day-ahead Congestion Price at the point of delivery.

  • The hourly economic value of a Financial Transmission Right Obligation is positive (a benefit to the Financial Transmission Right holder) when the Day-ahead Congestion Price at the point of delivery is higher than the Day-ahead Congestion Price at the point of receipt.

  • Each Financial Transmission Right shall be multiplied by the Day-ahead Congestion Price differences for the receipt and delivery points associated with the Financial Transmission Right, calculated as the Day-ahead Congestion Price at the delivery point(s) minus the Day-ahead Congestion Price at the receipt point(s).

  • The hourly economic value of a Financial Transmission Right Obligation is positive (a benefit to the FTR Financial Transmission Right hHolder) when the Day-ahead Congestion Price at the point of delivery is higher than the Day-ahead Congestion Price at the point of receipt.

  • The hourly economic value of a Financial Transmission Right Obligation is negative (a liability to the holder) when the Day-ahead Congestion Price at the point of receipt is higher than the Day-ahead Congestion Price at the point of delivery.

  • Each Financial Transmission Right shall Congestion Price at the point of delivery is higher than the Day-ahead Congestion Price at the point of receipt.

Related to Day-ahead Congestion Price

  • Congestion Price means the congestion component of the Locational Marginal Price, which is the effect on transmission congestion costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource, based on the effect of increased generation from or consumption by the resource on transmission line loadings, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Nodal Reference Price at each location shall mean the 97th percentile price differential between day-ahead and real-time prices experienced over the corresponding two-month reference period in the prior calendar year. Reference periods will be Jan-Feb, Mar-Apr, May- Jun, Jul-Aug, Sept-Oct, Nov-Dec. For any given current-year month, the reference period months will be the set of two months in the prior calendar year that include the month corresponding to the current month. For example, July and August 2003 would each use July- August 2002 as their reference period. No-load Cost:

  • Acquisition Price means the fair market value of the securities, cash or other property, or any combination thereof, receivable upon consummation of a Company Transaction in respect of a share of Common Stock.

  • Relevant Reference Price means the Reference Price on the Final Valuation Date. "Security Holder" means the holder of a Security.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Day-ahead Prices means the Locational Marginal Prices resulting from the Day-ahead Energy Market.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.