Real-time Loss Price definition
Examples of Real-time Loss Price in a sentence
Such Market Participant shall be paid for Transmission Loss Charges for real-time cleared MWh falling below the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the shortfall amount multiplied by the difference between the Real-time Loss Price at the sink point and the Real-time Loss Price at the source point.
The total real-time generation revenues for each Market Seller shall be the sum of its credits determined by the product of (i) the hourly net amount of energy delivered to the PJM Region at the applicable generation or interface bus in excess of the amount scheduled to be delivered in that hour at that bus in the Day-ahead Energy Market from each of the Market Seller’s resources, times (ii) the hourly Real-time Loss Price at that bus.
To the extent that the load (net of operating Behind The Meter Generation, but not to be less than zero) actually served at a load bus is less than the load (net of Behind The Meter Generation expected to be operating, but not to be less than zero) scheduled to be served at that bus in the Day-ahead Energy Market, the Market Buyer shall be paid for the difference at the Real-time Loss Price for the load bus at the time of the shortfall.
Transmission Loss Charges shall be assessed for real-time cleared MWh in excess of the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the excess amount multiplied by the difference between the Real-time Loss Price at the sink point and the Real-time Loss Price at the source point.
Transmission Loss Charges shall be assessed for real-time transmission use in excess of the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the excess amount multiplied by the difference between the Real- time Loss Price at the delivery point or the delivery interface at the boundary of the PJM Region, and the Real-time Loss Price at the source point or the source interface at the boundary of the PJM Region.
A Transmission Customer shall be paid for Transmission Loss Charges for real- time transmission use falling below the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the shortfall amount multiplied by the difference between the Real- time Loss Price at the delivery point or the delivery interface at the boundary of the PJM Region, and the Real-time Loss Price at the source point or the source interface at the boundary of the PJM Region.
Transmission Loss Charges shall be assessed for real-time transmission use in excess of the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the excess amount multiplied by the difference between the Real-time Loss Price at the delivery point or the delivery Interface Pricing Point at the boundary of the PJM Region, and the Real-time Loss Price at the source point or the source Interface Pricing Point at the boundary of the PJM Region.
To the extent that the energy actually injected at a generation bus or Interface Pricing Point in any hour is less than the energy scheduled to be injected at that bus or point in the Day-ahead Energy Market, the Market Seller shall be debited for the difference at the Real-time Loss Price for the applicable bus or point at the time of the shortfall times the amount of the shortfall.
To the extent that the energy actually injected at the generation bus is less than the energy scheduled to be injected at that bus in the Day-ahead Energy Market, the Generating Market Buyer shall be debited for the difference at the Real-time Loss Price for the generation bus at the time of the shortfall.