spot market price definition

spot market price means, for a given hour, the Hourly Ontario Energy Price established by the IESO for that hour;
spot market price means the arithmetic average of the prices reported in the weekly and bi-weekly updates of the reference pricing reports during the month of delivery for the reference points set forth in Exhibit "B" hereto.
spot market price means the midpoint of the range of prices reported for Millennium – East Receipts citygate index price published in Platts Inside FERC’s Gas Market Report, or any successor publication.

More Definitions of spot market price

spot market price means the real-time price of electricity on the spot market as determined by the Utility;
spot market price means the priceyou or another seller report to ONRR on Form ONRR–4440 for a spot market contract.(b) The following terms are defined at43 CFR 3480.0–5:Advance Royalty; Continued operation;Continued operation year; andLogical mining unit (LMU).§ 1218.602 How will ONRR compute the coal advance royalty you owe?
spot market price means the Alternate Spot Market Price, if any, otherwise it refers to a price listed in Gas Daily, as published by S&P Global Platts (or successor publication) that is the Midpoint specified in the Daily Price Survey table for the location which is geographically the nearest to the Delivery Point(s) for the pertinent day. If instead of listing a single price for such location, Gas Daily lists a range of prices for such location, then the Spot Market Price is the average of such range. In the absence of a single price or a range of prices for the pertinent day, the Spot Market Price is determined by taking the average of what would be the Spot Market Price available on the day nearest in time before the pertinent day and what would be the Spot Market Price available on the day nearest in time after the pertinent day.
spot market price. The default election is that the Spot Market Price will be based on a Gas Daily Midpoint and not on an Alternate Spot Market Price. This default election will apply unless otherwise specified below. ☐ If checked, then instead of the default election, the following Alternate Spot Market Price applies (if following field is left blank, it is the same as if the box is not checked): .
spot market price means the numeric average of three quotes for the spot market price for CERs obtained from three separate independent third party brokers selected by the Trustee, as determined on a date nominated by Trustee, provided that the Trustee's nominated date shall be within two months of the date of the notice issued by the Trustee of its intention to claim liquidated damages from the Project Entity;
spot market price means the average of the monthly spot market price reported by Photon, Bloomberg or another mutually acceptable third party index. If there is uncertainty in price between the delivery period and the total quantity for that period based on the table above, the price assigned to the quantity shall prevail. For example, the first [***] MT shall be invoiced at either (i) [***] or (ii) the Spot Market Price minus [***] percent ([***]%) per kilogram. The effectiveness of the foregoing pricing schedule is subject to the provisions of Sections 1 and 14.12 of the Agreement, including the provisos set forth therein.
spot market price means the hourly price for electricity in the spot market as determined by the IMO. The price may include IMO settlement charges, charges for transmission and distribution losses, and other costs attributable to wholesale purchases as approved by the Board;