Real-Time Price definition

Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.
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Real-Time Price means the Real-Time Market price for Uninstructed Imbalance Energy (as defined in the CAISO Tariff) or any successor price for short-term imbalance energy, as such price or successor price is defined in the CAISO Tariff, that would apply to the Generating Facility, which values are, as of the Effective Date, posted by the CAISO on its website. The values used in this Agreement will be those appearing on the CAISO website on the eighth Business Day of the calendar month following the month for which such prices are being applied.
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Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff.
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Examples of Real-Time Price in a sentence

  • To the extent Seller delivers Surplus Delivered Energy to the Delivery Point in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy (in MWh) during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.

  • The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.6(c)(i).

  • Real-Time Price Response Program is the program described in Appendix E to Market Rule 1.

  • The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.5(c)(i).

  • RTORDPA y $/MWh Real-Time On-Line Reliability Deployment Price Adder The Real-Time Price Adder that captures the impact of reliability deployments on energy prices for the SCED interval y.

  • The CAISO will settle Uninstructed Imbalance Energy for non-participating Load in an EIM Entity Balancing Authority Area at the applicable Default LAP Hourly Real-Time Price in accordance with Section 11.5.2.2 with the applicable EIM Entity Scheduling Coordinator and will treat EIM Balancing Authority Demand in the same manner as the CAISO treats CAISO Demand under that Section.

  • The energy offer or offers and energy bid or bids that can jointly serve an increment of load and an increment of Operating Reserve requirement at a Location at the lowest cost, calculated in this manner, shall determine the Real-Time Price at that Node or External Node.

  • C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No under-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount plus the SC Trade Tolerance Band is less than the Metered Energy if, during such Settlement Interval, the Real-Time Price is equal to or less than the Day-Ahead Price payable during the Settlement Interval.

  • C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval.

  • In addition, the calculation of the settlement of the Real-Time Congestion Offset will incorporate the respective pieces of the congestion component of the LMP for PNode in each EIM BAA as noted in the formulas contained in the Configuration Guide for the Real-Time Price Pre-Calc.


More Definitions of Real-Time Price

Real-Time Price means either the hourly price for energy in the Connecticut Load Zone (identified by ISO as Location ID 4004), or if ISO implements two energy zones during the Term of Agreement the hourly prices for energy in the Southwest Connecticut (“SWCT”) Load Zone and the Rest of Connecticut (“ROCT”) Load Zone, as published by ISO under Real-Time LMP on its website, as such price may be corrected or revised from time to time by ISO in accordance with its rules. If ISO ceases to identify these load zones, then the location shall be the zones or groups of Nodes that provides equivalent pricing.
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Real-Time Price means the LMP specific to a given Unit at a given Settlement Interval within the Real-Time Market.
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Real-Time Price means the CAISO Real-Time Market Locational Marginal Price for electric energy in each applicable Settlement Interval (including the energy, congestion and losses components) at the Generating Facility’s PNode (as published by the CAISO) which is the pricing point used by the CAISO for settlements of this Generating Facility.
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Real-Time Price means a price for electricity at a grid exit point or a grid injection point, the price for instantaneous reserve in dollars and cents for the real time pricing period determined in accordance with rule 6 of section III of part G.
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Real-Time Price means the hourly price for energy in the WCMASS Load Zone (as Location ID 4007 in the ISO reporting system as of the Effective Date), as published by ISO under Real-Time LMP on its website, as such price may be corrected or revised from time to time by ISO in accordance with its rules. If ISO ceases to identify the WCMASS Load Zone, then the location shall be the zone or group of Nodes that provides equivalent pricing.
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Real-Time Price means the LMP specific to the Project at a given Settlement Interval within the applicable Real-Time Market and available from CAISO (through its OASIS or successor system).
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Related to Real-Time Price

  • Real-Time Market has the meaning set forth in the CAISO Tariff.

  • 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.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • The Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • 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.

  • Reset Price means the greater of (i) 50% of the Initial Exercise Price (as adjusted for share splits, share dividends, recapitalizations and similar events pursuant to Section 3(a) hereof) and (ii) 100% of the lowest VWAP occurring on any day between the Initial Exercise Date and ninety (90) calendar days following the Issuance Date; provided that the Reset Price shall in no event be less than a floor price of 50% of the Initial Exercise Price.

  • Average Share Price means the average of the closing price per share of Class A Common Stock on the New York Stock Exchange on the Friday (or if Friday is not a trading day, the last trading day before such Friday) for each week of the calendar quarter ending on the Quarter Date.

  • Average Price means a price per Purchase Share (rounded to the nearest tenth of a cent) equal to the quotient obtained by dividing (i) the aggregate gross purchase price paid by the Investor for all Purchase Shares purchased pursuant to this Agreement, by (ii) the aggregate number of Purchase Shares issued pursuant to this Agreement.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;