Market time unit definition

Market time unit means the time unit for the aFRR, the mFRR, and RR balancing capacity bids or the day-ahead market time unit (i.e. the period for which the balancing capacity bid price or the market price is established).
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Market time unit means the period for which the market price is established or the shortest possible common time period for the two bidding zones, if their market time units are different;
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Market time unit means the period for which the market price is established [24].
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Examples of Market time unit in a sentence

  • CACM 15 According CCR decision the Nordic capacity calculation region (Nordic CCR) is defined by the following bidding zone borders: a) Denmark 1 - Sweden 3 (DK1-SE3); b) Denmark 2 - Sweden 4 (DK2-SE4); c) Denmark 1 - Denmark 2 (DK1-DK2); d) Sweden 4 - Sweden 3 (SE4-SE3); e) Sweden 3 - Sweden 2 (SE3-SE2); f) Sweden 2 - Sweden 1 (SE2-SE1); g) Sweden 3 - Finland (SE3-FI); and h) Sweden 1 - Finland (SE1-FI) 3 Market time unit is currently one hour.


More Definitions of Market time unit

Market time unit means the shortest time interval for which the market price
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Market time unit means the shortest time interval for which the market price is established, which shall be at least as short as the imbalance settlement period.
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Market time unit means the time period during which trading takes place on the reserve market. On the Balancing Energy Market and the Balancing Capacity Market, the Market Time Unit is one hour. Pay as Bid Principle refers to a pricing principle in which the price of each accepted bid is determined by the bid itself.
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Market time unit refers to the trading period in the reserve market. The Market Time Unit in the D-2-FCR Hourly Market, FCR Hourly Market, and FCR Yearly Market is one hour. Reserve Unit refers to a unit that fulfils the requirements concerning the provision of the reserve. A Reserve Unit can consist of one or more Reserve Resources. Reserve Resource refers to an individual resource capable of control: a power plant, consumption facility or energy storage facility.
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Related to Market time unit

  • Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Net Asset Value per Unit means, in respect of a class of Units, the Net Asset Value of the Fund allocated to the Units of such class, divided by the total number of Units of such class outstanding, on the date on which the calculation is being made.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(i) below) and the holders of a majority in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Delivery Date means the date or dates specified in the Purchase Order by which the Supplier is required to deliver the Work.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Real-time Prices means the Locational Marginal Prices resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Best Value means the method by which a proposal/contract, if any, is awarded, in accordance with applicable laws, rules, and regulations. Best Value includes multiple parameters, including experience, references, quality of the Vendor's product(s)/service(s), and price, as detailed in Section 6.0 Evaluation and Award.

  • Cash sale price means the price of a good or service a retail buyer would pay if he or she paid for the good or service in cash, and that is stated in a retail installment contract or in a sales slip or other memorandum furnished by a retail seller to a retail buyer pursuant to a retail charge agreement for that good or service. The cash sale price may include any taxes and charges for delivery, installation, servicing, repairs, alterations, or improvements.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Value Date means a reference time used by a payment service provider for the calculation of interest on the funds debited from or credited to a payment account;

  • Time share means either a time-share estate or a time-share use plus its incidental benefits;

  • Time sale price means the total of the cash price of the goods and services or services, the finance charge, and the amounts, if any, included for insurance premiums and official fees.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.