Hourly Market Price definition

Hourly Market Price means the applicable Index Price for the specified time period (on-peak or off-peak) in a specified day multiplied by the Hourly Shaping Factor.
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Hourly Market Price means PowerdexTM hourly power index for the Palo Verde market as reported by PowerdexTM at xxx.xxxxxxxxxxxxx.xxx. If the PowerdexTM Palo Verde index or any replacement of that index ceases to be published during the Term, PacifiCorp shall select as a replacement a substantially equivalent, published, industry standard index that, after any appropriate or necessary adjustments, provides the most reasonable substitute for the index in question. PacifiCorp’s selection shall be subject to Seller’s consent, which Seller shall not unreasonably withhold, condition or delay.
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Hourly Market Price means either the Day Ahead Hourly LMP price or the Real Time Hourly price for the Batavia Hub, to be defined by PJM, for the applicable hour and currently published at pjm.org/markets/energy-market/day-ahead and pjm.org/markets/energy-market/real-time, respectively.
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Examples of Hourly Market Price in a sentence

  • The prepayment amount due on the fifteenth of each Month may be increased or decreased, as applicable, to reflect the estimated increase or decrease in the Demand and/or Hourly Market Price for that Month.

  • The Company proposes to base Rider ISS on market price and will recover costs associated with serving customers at the time the service is necessary by applying the Hourly Market Price to the amount of energy supplied to the customer.

  • Where: “Total Hourly Value ($/hr)” = Hourly Market Price * Non-firm Discount * Actual Hourly Metered Generation Output * ( 1 + Losses ) Non-firm Discount (%) = 93% “Actual Hourly Metered Generation Output (MWh)” = Delivered Energy in any hour, up to the Net Output, as available from Seller’s generation as metered at the Point of Delivery.

  • None of the mechanisms is capable of predicting the whole product spectrum observed for the four Fischer-Tropsch metals of interest, i.e. iron, cobalt, ruthenium, and nickel.

  • The hourly market price (Hourly Market Price or MP) at the transmission / distribution interface, shall consist of the California Independent System Operator (CAISO) hourly Integrated Forward Market (IFM) Locational Marginal Price (LMP) for the PGE Utility Distribution Company (UDC) control Area (LAP_PGAE), multiplied by an allowance for Unaccounted for Energy (UFE), plus an allowance for Ancillary Services and the Independent System Operator (ISO) Grid Management Charges (GMC).

  • Pursuant to Decision 11-12-018 and Resolution E-4475, the revised hourly market price (Revised Hourly Market Price or Revised MP) will equal the sum of the Hourly Market Price, as determined in Part 1, the Renewable Portfolio Standard (RPS) adder and the Capacity adder (CAP ADDER).

Related to Hourly Market Price

  • Market Price as of any date, (i) means the average of the last reported sale prices for the shares of Common Stock on the OTCBB for the five (5) Trading Days immediately preceding such date as reported by Bloomberg, or (ii) if the OTCBB is not the principal trading market for the shares of Common Stock, the average of the last reported sale prices on the principal trading market for the Common Stock during the same period as reported by Bloomberg, or (iii) if market value cannot be calculated as of such date on any of the foregoing bases, the Market Price shall be the fair market value as reasonably determined in good faith by (a) the Board of Directors of the Company or, at the option of a majority-in-interest of the holders of the outstanding Warrants by (b) an independent investment bank of nationally recognized standing in the valuation of businesses similar to the business of the corporation. The manner of determining the Market Price of the Common Stock set forth in the foregoing definition shall apply with respect to any other security in respect of which a determination as to market value must be made hereunder.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;