Market Price Index definition

Market Price Index means the EIM real-time pre-dispatch nodal price for the Delivery Point. In the event PGE is participating in an organized market other than EIM, then the Market Price Index will mean the Locational Marginal Price associated with the Pricing Node or Aggregate Pricing Node for the Delivery Point within such organized market.
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Market Price Index means a metric that represents the price position relative to top competitors across commonly procured goods, works and services;
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Market Price Index means the sum, expressed in dollars per megawatt hour, of both of the following for the upcoming twelve-month period that begins the first day of June and ends the thirty-first day of May:
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Examples of Market Price Index in a sentence

  • The As-Available Rate will be calculated using the Non-Firm Market Price Index.

  • The Non-Firm Market Price Index will remain in effect until a replacement Non-Firm Market Price Index is approved by the Oregon Public Utility Commission.

  • Non-Firm Market Price Index means ninety three percent (93%) of the hourly value calculated based on the average prices reported for a blending of Intercontinental Exchange, Inc.

  • If any index is not available for a given period, the Non- Firm Market Price Index will be the average price derived from days in which all published data is available, for the same number of days immediately preceding and immediately succeeding the period in which an index was not available, regardless of which days of the week are used for this purpose.

  • While any specific unit that cleared in the BRA would receive payments from only one of these categories, to ensure that the Market Price Index most accurately reflects the actual overall market price of capacity, the IPA recommends using a weighted average of the clearing prices for the Capacity Performance Resource and the Base Capacity Resource for the capacity price that will be used in the calculation of the MPI for these two delivery years.


More Definitions of Market Price Index

Market Price Index means the sum, expressed in dollars per megawatt hour, of both of the following for the upcoming program year:
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Market Price Index means the weighted average of the Integrated Forward Market hourly price for all the Reference Hours in the Contract Year, as published by the CAISO, for the SP-15 Existing Zone Generation Trading Hub (as defined in the CAISO Tariff) weighted by hourly and monthly volumes in the forecast most recently delivered by Seller pursuant to Section 7.3(c); provided, that in the event there are no longer market prices for SP-15 Existing Zone Generation Trading Hub, the Parties will mutually agree to a replacement market price index that most closely reflects the geographic location of the SP-15 Existing Zone Generation Trading Hub at the Effective Date; and, provided, further, that if a market price index for solar energy that would more accurately track the price of the PV Delivered Energy is created, the Parties may mutually agree to adapt such index price as the “Market Price Index” at such time.
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Market Price Index means the monthly firm forward market price at NP15 for on- peak hours and off-peak hours, as reasonably calculated by Buyer, and verified by Seller, taking into account, among other valuations, quotations from leading brokers in Energy contracts that are not Affiliates of either Party, settlement prices on established, actively traded power exchanges, other bona fide third-party offers, and other relevant market information; provided that in the event there are no longer market prices for NP15, the Parties will mutually agree to a replacement market price index that most closely reflects the geographic location of NP15 as of the Effective Date.
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Market Price Index means (a) the average price reported on the Intercontinental Exchange (“ICE”) Day-Ahead Mid-Columbia (“Mid-C”) On-Peak Index, for On-Peak Hours, and (b) the average price reported on the ICE Day-Ahead Mid-C Off- Peak Index, for Off-Peak Hours. Page 9 –Wholesale Renewable Power Purchase Agreement
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Market Price Index means the Day-Ahead Market LMP (as defined by the CAISO Tariff) at the Project’s PNode subsequent to the Project becoming a Participating Generator, as published on the CAISO’s OASIS website.
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Market Price Index means the EIM Locational Marginal Price associated with the Pricing Node or Aggregate Pricing Node for the Delivery Point.
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Market Price Index means a metric that represents the price position relative to top competitors across commonly
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