Avoided cost of wholesale power definition

Avoided cost of wholesale power means the average locational marginal price of energy in the applicable utility's transmission zone. This cost can be obtained through the website maintained by PJM Interconnection at www.pjm.com.
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Avoided cost of wholesale power means the cost to an EU1 of electric energy that the EU would generate itself or purchase from another source, such as from an organized wholesale power market, but for the purchase from a Renewable Energy Net Metered Interconnection Customer (RENMIC). In essence, the avoided cost is the marginal cost to produce or purchase one more unit of electrical energy. When a RENMIC delivers electricity to an EU, the EU will reduce the equivalent amount of electricity that either is generated at its most expensive operating plant that is not running for reliability purposes or is purchased from an organized wholesale power market. For power generated by an EU, the cost avoided consists of the cost of fuel needed to produce that electricity and the corresponding portion of the plant’s operation and maintenance costs and shall include an appropriate average line loss adjustment. No capacity credit is given as part of the calculation of Avoided Cost of Wholesale Power. For an EU that is a member of a regional transmission organization (RTO), the Avoided Cost of Wholesale Power shall be the average real-time locational marginal price (LMP) calculated by the RTO for the EU’s load zone(s). Such LMP may be adjusted to reflect the daytime energy production of a solar PV system and shall include an appropriate average line loss adjustment.
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Avoided cost of wholesale power means the annual average locational marginal price (“LMP”) of energy in the applicable energy supplier’s transmission zone. This cost (including the method of calculation) can be obtained through the Electric Supplier’s tariff as approved by the Commission.
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More Definitions of Avoided cost of wholesale power

Avoided cost of wholesale power means the average locational marginal price of energy in the EDC’s transmission zone.
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Avoided cost of wholesale power means the cost to an Electric Distribution Company (EDC) of electric energy that the EDC would generate itself or purchase from another source, but for the purchase from the RENMICs. In essence, the avoided cost is the marginal cost to produce or purchase one more unit of electrical energy. When a RENMIC delivers electricity to an EDC, the EDC will reduce the equivalent amount of electricity generated at its most expensive operating plant. The cost avoided consists of the cost of fuel needed to produce that electricity and the corresponding portion of the plant’s operation and maintenance costs. No capacity credit is given as part of the calculation of Avoided Cost of Wholesale Power.
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Avoided cost of wholesale power means the marginal cost of wholesale power paid by the City of South Haven in the fiscal year prior to the current fiscal year. The avoided cost of wholesale power will include the energy charge, fuel charge and fuel adjustment charge from the most recent annual rates set by the City's wholesale power provider.
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Avoided cost of wholesale power means the average locational marginal price of energy in the applicable utility's transmission zone. This cost can be obtained through the website maintained by [insert].
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Related to Avoided cost of wholesale power

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