Spot Market Energy definition

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.
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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. Start Additional Labor Costs:
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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 Section 2 of this Schedule.
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Examples of Spot Market Energy in a sentence

  • A purchase of Spot Market Energy by an External Market Buyer shall be delivered to a bus or buses at the electrical boundaries of the PJM Region specified by the Office of the Interconnection, or to load in such area that is not served by Network Transmission Service, using Point-to-Point Transmission Service paid for by the External Market Buyer.

  • For each Day-ahead Settlement Interval during an Operating Day, the Office of the Interconnection shall calculate Spot Market Energy charges for each Market Participant as the difference between the sum of its Market Participant Energy Withdrawals scheduled times the Day-ahead System Energy Price and the sum of its Market Participant Energy Injections scheduled times the Day-ahead System Energy Price.

  • The Revenue Data for Settlements determined for each Real-time Settlement Interval in accordance with section 3.1A of this Schedule shall be used in determining the real-time Market Participant Energy Withdrawals and Market Participant Energy Injections used to calculate Spot Market Energy charges under this subsection (e).

  • Interface capability is used to support Spot Market Energy Imports using the SPOT_IN product.

  • Spot Market Energy imports are delivered to LSEs using secondary NITS (non- designated) the same way energy from an interconnected, energy only, generation resource is delivered to load.

  • An External Market Buyer shall be charged for its Spot Market Energy purchases based on the energy delivered to it, determined as specified in Section 3.2.1(d) above.

  • A reservation of this product represents the capability allocated to a PJM Market Participant for use in delivering Spot Market Energy to the PJM border.

  • The SPOT_IN product was created as an option for non-LSEs to offer Spot Market Energy into PJM at the border/interface as price takers, therefore reducing the marginal cost of energy to load.

  • Renamed Section 1.5.3.2 from “Background on Spot Market Imports” to “Background on Spot Market Energy Imports” v.

  • PJM accepts offers from Market Participants to deliver Spot Market Energy to the border using the SPOT_IN product.


More Definitions of Spot Market Energy

Spot Market Energy means Energy bought or sold by Participants through the NEPOOL Market at Locational Marginal Prices determined as specified in Section 2 of this Document.
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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, sSection 2, and the parallel provisions of Tariff, Attachment K- Appendix of this Schedule.
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Related to Spot Market Energy

  • Spot Market Backup means the purchase of energy from, or the delivery of energy to, the PJM Interchange Energy Market in quantities sufficient to complete the delivery or receipt obligations of a bilateral contract that has been curtailed or interrupted for any reason.

  • 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.

  • Capacity Market Seller means a Member that owns, or has the contractual authority to control the output or load reduction capability of, a Capacity Resource, that has not transferred such authority to another entity, and that offers such resource in the Base Residual Auction or an Incremental Auction.

  • 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.

  • 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.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

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

  • Capacity Market Buyer means a Member that submits bids to buy Capacity Resources in any Incremental Auction.

  • Initial Market Value means, in relation to a Ship, the Market Value of that Ship calculated in accordance with the valuations relative thereto referred to in paragraph 5 of Schedule 4, Part B;

  • Relevant Market means the market for overnight cash borrowing collateralised by US Government securities.

  • Secondary Market refers to a bulletin board platform at wxx.xxxxxxxxxxx.xx created by Masterworks.