Nodal Market definition

Nodal Market means the implementation of wholesale market design by ERCOT with locational marginal pricing for resources.
Nodal Market means the implementation of wholesale market design by ERCOT with locational marginal pricing for resources that is scheduled to occur in December 2008 or thereafter.

Examples of Nodal Market in a sentence

  • Resources that are thus certified to provide Ancillary Services and that have a performance history determined in accordance with this Section, and that fail to meet the performance metrics described in this Section on the Texas Nodal Market Implementation Date, or thereafter, will be required to qualify in accordance with this Section before providing the Ancillary Service.

  • ERCOT shall develop a TAC- and ERCOT Board-approved Ancillary Service monitoring program to evaluate the performance of QSEs and Resources providing Ancillary Services prior to the Texas Nodal Market Implementation Date.

  • Prior to the Texas Nodal Market Implementation Date, a QSE and the Resources that it represents that are qualified to provide an Ancillary Service in accordance with an effective Protocol, are deemed to be qualified to provide Ancillary Services after the Texas Nodal Market Implementation Date, provided that the QSE and the Resource have been certified capable of providing an Ancillary Service by a responsible Market Participant, as determined by ERCOT.

Related to Nodal Market

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.

  • NASDAQ means The Nasdaq Stock Market.

  • NYSE means the New York Stock Exchange.

  • Financial Markets means international financial markets in which currency and other financial assets exchange rates are determined in multi-party trade.

  • OTC means Over-the-Counter.

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Quotation means the Bidder’s response made on the Quotation form set out on Part E of this RFQ with all appendices or addenda submitted by the Bidder in response to the RFQ;

  • Eligible Market means The New York Stock Exchange, the NYSE Amex, the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market or the Principal Market.