Energy Market definition

Energy Market means an organised way of purchasing and selling energy on the basis of supply and demand, applying the requirements and procedures prescribed by this Law;
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Energy Market has the meaning given to it in Chapter 11 of the Market Rules.
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Energy Market means the interactive business and technical activities of energy enterprises and customers involved in the generation, trade, and supply of energy which determines the price of energy;
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Examples of Energy Market in a sentence

  • After that date FERC makes effective MISO’s Energy Market Tariff filed in Docket No. ER04-691-000, Interconnection Customer may place a bid to sell into the market up to the maximum identified Generating Facility output, subject to any conditions specified in the Interconnection Service approval, and the Generating Facility will be dispatched to the extent the Interconnection Customer’s bid clears.

  • Any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • The instructions, rules, procedures and guidelines established by the Transmission Provider for the operation, planning, and accounting requirements of the PJM Region and the PJM Interchange Energy Market.

  • The FTR target allocation is calculated hourly and is equal to the product of the FTR MW and the congestion price difference between sink and source that occurs in the Day-Ahead Energy Market.

  • An obligation provides a credit, positive or negative, equal to the product of the FTR MW and the congestion price difference between FTR sink (destination) and source (origin) that occurs in the Day-Ahead Energy Market.

  • The Australian Energy Market Operator Limited (AEMO) has established a gas trading exchange known as the gas supply hub, in accordance with the National Gas Law and National Gas Rules.

  • Buyer shall have no obligation to pay for any Energy not transferred to Buyer in the Real Time Energy Market or for which Buyer is not credited in the ISO-NE Settlement Market System (including, without limitation, as a result of an outage on any electric transmission or distribution system).

  • The underlying costs are a derivative of the PJM Energy Market, where no “price ceiling” exists.

  • If the market price at the Delivery Point in the Real-Time Energy Market or the Day-Ahead Energy Market, as applicable, for Energy Delivered by Seller is negative in any hour, the payment to Seller for deliveries of Energy shall be reduced by the difference between the absolute value of such hourly LMP at the Delivery Point and $0.00 per MWh for that Energy for each such hour.

  • In the event that the LMP in the Real-Time Energy Market or the Day-Ahead Energy Market, as applicable, for the Energy at the Delivery Point is less than $0.00 per MWh in any hour, Seller shall credit to Buyer, on the appropriate monthly invoice, an amount equal to the product of (i) such Energy delivered in such hour and (ii) the absolute value of such hourly LMP at the Delivery Point.


More Definitions of Energy Market

Energy Market means the bid-based energy market administered by ISO-NE where market participants purchase and sell electric energy. The Energy Market includes both a day-ahead market and a real-time market.
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Energy Market means utilities, energy providers, marketers or traders or other participants in the buying or selling of energy or energy related products or derivatives thereof throughout the world.
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Energy Market means the global energy market or any subsector of that market such as: exploration; production; servicing and equipment; refining; wholesale; storage; transport or other subsector that the Investment Manager shall in its reasonable opinion determine to be a subsector of the Energy Market;
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Energy Market means the Midwest ISO Real Time Energy Market as defined by MISO.
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Energy Market means the electricity market and/or the natural gas market;
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Related to Energy Market

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

  • PJM Interchange Energy Market means the regional competitive market administered by the Office of the Interconnection for the purchase and sale of spot electric energy at wholesale in interstate commerce and related services established pursuant to Operating Agreement, Schedule 1, and the parallel provisions of Tariff, Attachment K - Appendix.

  • Energy Management System means a set of interrelated or interacting elements of a plan which sets an energy efficiency objective and a strategy to achieve that objective;

  • Farmers market means a marketplace which seasonally operates principally as a common market for Iowa-produced farm products on a retail basis for off-the-premises consumption.