Examples of Auction Price in a sentence
The “ICAP Spot Market Auction Price with Entry” shall be based on the ICAP Spot Market Auction prices calculated for each Locality and the NYCA, averaged over the three most recently completed Capability Years preceding the Class Year Start Date, and adjusted to reflect the entry of the SSE Applicant.
Each CRR Holder that holds a CRR with a term of one year or less shall be subject to a credit requirement ($/MW) equal to the negative of the most recent CRR Auction Price of such CRR or the Historical Expected Value of such CRR, whichever is lower, plus the Credit Margin for such CRR.
Whenever the CAISO requests additional Financial Security from a Market Participant as a result of a change in CRR value that is not related to an adjustment due to the monthly CRR Auction Price or an adjustment related to Historical Expected Value, the CAISO will provide a written explanation of the reason for that request.
E-Auction will be a single parameter incremental bidding process wherein the Bidder would be able to view the last H1 bid or Starting Auction Price.
Bids which do not fulfill any of the requirements stated in the Daily Auction Rules shall be excluded and shall not be included among the assessed Bids.All Bids which fulfill the above-mentioned requirements will be evaluated, and the Auction Price will be determined in accordance with the rules stated in Section 4.