Clearing Prices definition

Clearing Prices. : means the price determined by matching the highest accepted selling order and the lowest accepted buying order in the electricity market.
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Examples of Clearing Prices in a sentence

  • Each winning bidder in the auction shall pay the Market Clearing Price for the TCCs. The total revenues received from the sale of TCCs, the Market Clearing Prices, and the entities awarded TCCs shall be posted on OASIS.

  • If the Commonwealth considers that an adjustment to the Peak Period is appropriate to reflect changes in electricity demand and peak Energy Market Clearing Prices applicable in the Relevant Jurisdiction, then the Commonwealth may, by giving at least 3 years’ prior notice to Project Operator, make such adjustment, provided that the duration of the Peak Period cannot exceed 4 months in a year.

  • The Real-Time Nodal Price at each Node for each hour shall be the time interval weighted-average of the Clearing Prices calculated at that Node for each time interval within that hour, except as noted in Section A(4) below with respect to the prices used for Real-Time settlements at External Nodes.

  • Capacity Transfer Right (CTR) is a financial right that entitles the holder to the difference in the Net Regional Clearing Prices between Capacity Zones for which the transfer right is defined, in the MW Capacity Transferring Resource is a resource that has a Capacity Supply Obligation and is seeking to shed such obligation, or a portion thereof, through a Capacity Supply Obligation Bilateral, as described in Section III.13.5.1 of Market Rule 1.

  • The total revenues received from the sale of TCCs, the Market Clearing Prices, and the entities awarded TCCs shall be posted on OASIS.

Related to Clearing Prices

  • Resource clearing price or "RCP" means the clearing price

  • Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Market prices means current prices that are established in the course of ordinary trade between buyers and sellers free to bargain and that can be substantiated through competition or from sources independent of the offerors.

  • Clearing Systems means Euroclear and Clearstream, Luxembourg;