Negative LMP means in any Settlement Interval, the locational marginal price, as defined in the CAISO Tariff, at the PNode associated with the Facility’s Delivery Point that is less than zero dollars ($0). [Only for Facilities with a Nameplate Capacity greater than three megawatts]
Negative LMP means, in any Settlement Period or Settlement Interval, the LMP at the Facility’s PNode is less than Zero dollars ($0).
Negative LMP means, in any Settlement Period or Settlement Interval, whether in the Day-Ahead Market or Real-Time Market, the LMP is less than zero dollars ($0).
Examples of Negative LMP in a sentence
If during any Settlement Interval, the Facility Energy is greater than the product of the Guaranteed Capacity and the duration of the Settlement Interval, expressed in hours (“Excess MWh”), then the price applicable to all such Excess MWh in such Settlement Interval shall be zero dollars ($0), and if there is a Negative LMP during such Settlement Interval, Seller shall pay to Buyer an amount equal to the product of absolute value of the Negative LMP times such Excess MWh (“Negative LMP Costs”).
More Definitions of Negative LMP
Negative LMP means, in any Settlement Period or Settlement Interval, the Day-Ahead Market or Real-Time Market at the Facility’s PNode is less than Zero dollars ($0).
Negative LMP means, in any Settlement Interval, the LMP at the Generating Facility’s Pricing Node (as defined in the CAISO Tariff) is less than zero dollars ($0).
Negative LMP means in any Settlement Interval, the locational marginal price, as defined in the CAISO tariff, at the Pnode associated with the Facility’s Delivery Point that is less than zero dollars ($).
Negative LMP means, in any Settlement Period or Settlement Interval, the Real-Time Market LMP at the Facility’s PNode is less than Zero Dollars ($0).
Negative LMP means, in any Settlement Interval, the LMP at the Facility’s PNode is less than Zero dollars ($0).
Negative LMP means, in any Settlement Period or Settlement Interval, the LMP at the Facility’s PNode is
Negative LMP means, in any Settlement Interval, whether in the Day-Ahead Market or Real-Time Market, the LMP at the PNode is less than Zero dollars ($0).