Locational Marginal Price Decomposition Sample Clauses

Locational Marginal Price Decomposition. The CAISO shall perform the Locational Marginal Price decomposition for each EIM Entity Balancing Authority Area using results of the dynamic competitive path assessment and the congestion pricing results of the pre-market run to determine which resources may have local market power due to congestion on an uncompetitive constraint, consistent with Section 31.2.1, except that— (1) the CAISO will not mitigate resource bids for scheduling limit constraints with Balancing Authority Areas that do not participate in the EIM; (2) the Locational Marginal Price decomposition shall only be triggered if the resource is effective at relieving an uncompetitive constraint within the same Balancing Authority Area in which the resource is located except as described in paragraph (4); (3) EIM Participating Resources shall be mitigated to relieve congestion on uncompetitive constraints within the same Balancing Authority Area in which they are located except as described in paragraph (4); and (4) the EIM Transfer constraints may be included in the market power mitigation procedures if CAISO determines that EIM Entity Balancing Authority Area market power exists, and if such action is authorized by FERC.
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Related to Locational Marginal Price Decomposition

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