Decrement Bid definition

Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market.
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Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in
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Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a
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Examples of Decrement Bid in a sentence

  • It is used only as a pre-screen to determine whether a Participant’s Increment Offers and Decrement Bids should be subject to Increment Offer and Decrement Bid Screening.


More Definitions of Decrement Bid

Decrement Bid means a bid to purchase energy at a specified Location in the Day-Ahead Energy Market which is not associated with a physical load. An accepted
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Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market. As used in the Interconnection Service Agreement and Construction Service Agreement,
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Related to Decrement Bid

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Highest Bidder means the Bidder, who quotes the highest License Fees