LMP definition

LMP means the market clearing price for energy at a given location in a Party’s RC Area, and “Locational Marginal Pricing” shall mean the processes related to the determination of the LMP.

LMP shall have the meaning set forth in the ISO-NE Rules.

LMP has the meaning set forth in the CAISO Tariff.

Examples of LMP in a sentence

• In accordance with Section 4 below, the RTC optimization will determine the External Interface Congestion component of the RTC LMP at a CTS Enabled Interface, which will subsequently be incorporated into the Parties’ real-time settlement LMPs. Wheel-through transactions across a CTS Enabled Interface will be scheduled on an hourly basis.

• In order to provide consistent price signals between their respective real-time energy markets, the Parties shall each incorporate the foregoing process into the real-time settlement LMP at their External Proxy Bus for each CTS Enabled Interface.

• The results will be provided to NYISO as increasing MW-price pairs, where the MW value represents a net interchange level on the CTS Enabled Interface and the price value represents ISO-NE’s forecast of its real-time LMP for its External Proxy Bus at that net interchange MW level.

• The RTC optimization incorporates Ramp Limits and Transfer Limits in the manner described in Section 5 of this Schedule D to economically schedule CTS Interface Bids and shall determine: (1) the net interchange schedule for each CTS Enabled Interface, (2) the RTC LMP for each CTS Enabled External Proxy Bus, and (3) the External Interface Congestion at each CTS Enabled Interface.

• In such cases, employees may not receive a payment from the LMP PSP in addition to a payment from a current program.

More Definitions of LMP

LMP means Locational Marginal Price.

LMP means, for any MISO Settlement Interval in each MISO Market, the price at which MISO settles such MISO Market at the Energy Financial Delivery Point for such MISO Settlement Interval; provided, however, that, in the case neither such price nor any successor price any longer exists in MISO or such price (or any successor price) is unavailable for any MISO Settlement Interval, then the LMP shall be such other reference or index price for such MISO Settlement Interval as is reasonably acceptable to the Parties (expressed in $/MWh) that reflects as closely as possible the intention of the Parties as expressed herein. As of the Effective Date, the LMP is, for any MISO Settlement Interval, (a) in the MISO Day-Ahead Energy Market, the Day-Ahead Ex Post LMP (as defined in the MISO Rules) for such MISO Settlement Interval at the Energy Financial Delivery Point and (b) in the MISO Real-Time Energy Market, the Real-Time Ex Post LMP (as defined in the MISO Rules) for such MISO Settlement Interval at the Energy Financial Delivery Point.

LMP means Landscaping Maintenance Plan;

LMP means Lighting and Marking Plan;

LMP has the meaning set forth in Appendix C of the CAISO Tariff.

LMP. ’ means Line Maintenance Parts which are parts removable or repairable on wing pursuant to the Component Maintenance Manual.

LMP has the meaning set forth in the CAISO Tariff. “Losses” means, with respect to any Party, an amount equal to the present value of the economic loss to it, if any (exclusive of Costs), resulting from termination of this Agreement for the remaining Contract Term, determined in a commercially reasonable manner. Factors used in determining economic loss to a Party may include, without limitation, reference to information supplied by one or more third parties, which shall exclude Affiliates of the Non-Defaulting Party, including without limitation, quotations (either firm or indicative) of relevant rates, prices, yields, yield curves, volatilities, spreads or other relevant market data in the relevant markets, comparable transactions, forward price curves based on economic analysis of the relevant markets, settlement prices for comparable transactions at liquid trading hubs (e.g., SP-15), all of which should be calculated for the remaining Contract Term and must include the value of Green Attributes, Capacity Attributes, and Renewable Energy Incentives.