Real-time System Energy Price definition

Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.
Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day. Reasonable Efforts:
Real-time System Energy Price means the System Energy Price resulting from the Office

Examples of Real-time System Energy Price in a sentence

  • The total charge shall be determined by the product of the hourly net amount of PJM Interchange Imports times the hourly Real-time System Energy Price for that Market Buyer.

  • The total payment shall be determined by the product of the hourly net amount of PJM Interchange Exports times the hourly Real-time System Energy Price for that Market Seller.

Related to Real-time System Energy Price

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

  • Real-time Prices means the Locational Marginal Prices resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Real-time Loss Price means the Loss Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Real-time means the actual time in which an event takes place, with the reporting on or the recording of the event simultaneous with its occurrence.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Energy year or "EY" means the 12-month period from June 1st