Marginal Price definition

Marginal Price means the price determined at a particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Long Term Transmission Right;
Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Daily Transmission Right;
Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Daily Transmission Right; Multiregional Price Coupling (MRC) means the mechanism where the market clearing prices and the net positions are determined in the day-ahead timeframe in a single step in accordance with the multi-regional procedures using physical hourly ATC and/or Flow Based capacities between Parties. ATC based means Price Coupling made by using coordinated ATC (Available Transfer Capacities) values to define the available Cross-Zonal Capacities; National Regulatory Authorities means the Swiss regulatory authority as defined in Article 21 of the Swiss Federal Electricity Supply Act (Stromversorgungsgesetz [StromVG CC 734.7]) and the regulatory authorities referred to in Article 35(1) of Directive 2009/72/EC and the Swiss Federal Electricity Supply Act of 2007; Nomination means the notification of the use of Transmission Rights by a Physical Transmission Rights holder and, where applicable, by their counterparty, or an authorized third party, to the respective Transmission System Operator(s); Nomination Rules means the rules with regard to the notification of use of Physical Transmission Rights holder and their counterparty, or an authorized third party, to the respective Transmission System Operator(s);Participation Agreement means, the agreement, by which the Parties undertake to comply with the terms and conditions for Daily Capacity Allocation as contained in these Allocation Rules; Party/ Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Pre-Bid means a pair of Bid Quantity and Bid Price offered by a Registered Participant participating in an Auction before the bidding gate opens; Product Period means the time and date on which the right to use Transmission Rights commences and the time and date on which the right to use the Transmission Rights ends. For daily Allocation the Product Period covers a calendar day of a period of 24 hours beginning at 0:00 and ending at 23:59:59. The days on which the legal time changes (daylight saving time) will be composed of either 23 hours or 25 hours; Registered Participant means a market participant whic...

Examples of Marginal Price in a sentence

  • RTLMP b, hb, North345, y $/MWh Real-Time Locational Marginal Price at Electrical Bus of Hub Bus per intervalThe Real-Time LMP at Electrical Bus b that is a component of Hub Bus hb, for the SCED interval y.

  • If any Real-Time Locational Marginal Price (LMP) exceeds 50 times the Fuel Index Price (FIP) during any 15-minute Settlement Interval for the applicable Operating Day, ERCOT shall post on the ERCOT website the portion of any Generation Resource’s as-submitted and as-mitigated and extended Energy Offer Curve that is at or above 50 times the FIP for each 15-minute Settlement Interval seven days after the applicable Operating Day.

  • DALMP CCGR_PhyR $/MWh Day-Ahead Locational Marginal Price at a Resource Node for a generation unit registered in the Combined Cycle Generation Resource—The Day-Ahead LMP at the Resource Node of a generation unit designated in the Combined Cycle Train registration for the Combined Cycle Generation Resource.

  • If at any point during the period in which the QSGR is in SHUTDOWN mode, the QSGR Locational Marginal Price (LMP) is greater than or equal to the Energy Offer Curve price, capped per Section 4.4.9.4.1, Mitigated Offer Cap, the QSE may reverse the decommitment process, if possible and make the QSGR available for SCED following normal operating practices.

  • DALMP b $/MWh Day-Ahead Locational Marginal Price per busThe DAM LMP at Electrical Bus b for the hour.


More Definitions of Marginal Price

Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Daily Transmission Right; Participation Agreement means the agreement, by which the Parties undertake to comply with the terms and conditions for capacity allocation as contained in these Allocation Rules; Party/Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Pre-bid means a pair of Bid Quantity and Bid Price offered by a Registered Participant participating in an Auction before start of a Bidding Period; Pre-bidding Period means the time period within which the Registered Participants wishing to participate in an Auction may submit their Pre-bids; Product Period means the time and date on which the right to use the Daily Transmission Right commences and the time and date on which the right to use the Daily Transmission Right ends;
Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Intraday Transmission Right; Nomination means the use of Intraday Cross Zonal Capacity by a Physical Transmission Rights holder, or an authorized third party, to the respective Transmission System Operator(s); Nomination Rules means the rules with regard to the notification of use of Transmission Rights to the respective Transmission System Operator(s); Participation Agreement means the agreement by which the Parties undertake to comply with the terms and conditions for Cross Zonal Capacity Allocation as contained in these Allocation Rules; Party / Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Pre-Bid means a pair of Bid Quantity and Bid Price offered by a Registered Participant participating in an Auction before the bidding gate opens; Product Period means the time and date on which the right to use the Intraday Transmission Right commences and the time and date on which the right to use the Intraday Transmission Right ends; Registered Participant means a market participant which entered into the Participation Agreement with the Allocation Platform; Rights Document means a document containing the information of the maximum allocated Physical Transmission Rights that can be nominated by a market participant per Bidding Zone border per day per hour and per direction, taking into account the volume of rights initially acquired, and any possible curtailments which occurred before the issuance of the Rights Document.;
Marginal Price means the lowest winning Bid received by BritNed in an Auction and equal or higher than the Reserve Price in accordance with Rule C6;
Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Daily Transmission Right; National Regulatory Authorities means the regulatory authorities referred to in Article 35(1) of Directive 2009/72/EC or, as it may be, similar national legislation; Participation Agreement means the agreement, by which the Parties undertake to comply with the terms and conditions for capacity allocation as contained in these Allocation Rules; Party/ Parties mean the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Product Period means the time and date on which the right to use the Daily Transmission Right commences and the time and date on which the right to use the Daily Transmission Right ends;
Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Daily Transmission Right; National Regulatory Authorities means the regulatory authorities referred to in Article 35(1) of Directive 2009/72/EC; Nomination means the notification of the use of Daily Cross Zonal Capacity by a Physical Transmission Rights holder and its counterparty, or an authorized third party to the respective Transmission System Operator(s); Nomination Rules means the rules with regard to the notification of use of Physical Transmission Rights holder and their counterparty, or an authorized third party to the relevant Transmission System Operator(s); Participation Agreement means the agreement, by which the Parties undertake to comply with the terms and conditions for capacity allocation as contained in these Allocation Rules; Party/ Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Pre-bid means a pair of Bid Quantity and Bid Price offered by a Registered Participant participating in an Auction before start of a Bidding Period; Pre-bidding Period means the time period within which the Registered Participants wishing to participate in an Auction may submit their Pre-bids; Product Period means the time and date on which the right to use the Daily Transmission Right commences and the time and date on which the right to use the Daily Transmission Right ends;
Marginal Price means the price determined at particular Auction to be paid by all the Registered Participants for each MW and hour of acquired Long Term Transmission Right; National Regulatory Authorities means the the regulatory authorities referred to in Article 35(1) of Directive 2009/72/EC as it may be, similar national legislation; Participation Agreement means the agreement, by which the Parties undertake to comply with the terms and conditions for Cross Zonal Capacity Allocation as contained in these Allocation Rules; Party/ Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two bidding zones in a specific direction; Product Period means the time and date on which the right to use the Long Term Transmission Right commences and the time and date on which the right to use the Long Term Transmission Right ends; Reduction Period means a period of time, i.e. specific calendar days and/or hours, within the Product Period in which Cross Zonal Capacities with a reduced amount of MW are offered taking into account a foreseen specific network situation (e.g. planned maintenance, long-term outages, foreseen balancing problems);
Marginal Price means the price in EUR determined at a particular auction to be paid by all the registered participants for each MWh of acquired long-term transmission right;