Examples of Real-Time Price in a sentence
To the extent Seller delivers Surplus Delivered Energy to the Delivery Point in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy (in MWh) during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.
The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.6(c)(i).
Real-Time Price Response Program is the program described in Appendix E to Market Rule 1.
The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.5(c)(i).
RTORDPA y $/MWh Real-Time On-Line Reliability Deployment Price Adder The Real-Time Price Adder that captures the impact of reliability deployments on energy prices for the SCED interval y.
The CAISO will settle Uninstructed Imbalance Energy for non-participating Load in an EIM Entity Balancing Authority Area at the applicable Default LAP Hourly Real-Time Price in accordance with Section 11.5.2.2 with the applicable EIM Entity Scheduling Coordinator and will treat EIM Balancing Authority Demand in the same manner as the CAISO treats CAISO Demand under that Section.
The energy offer or offers and energy bid or bids that can jointly serve an increment of load and an increment of Operating Reserve requirement at a Location at the lowest cost, calculated in this manner, shall determine the Real-Time Price at that Node or External Node.
C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No under-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount plus the SC Trade Tolerance Band is less than the Metered Energy if, during such Settlement Interval, the Real-Time Price is equal to or less than the Day-Ahead Price payable during the Settlement Interval.
C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval.
In addition, the calculation of the settlement of the Real-Time Congestion Offset will incorporate the respective pieces of the congestion component of the LMP for PNode in each EIM BAA as noted in the formulas contained in the Configuration Guide for the Real-Time Price Pre-Calc.