Negative LMP definition

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 at the Settlement Point is less than zero dollars ($0).

Examples of Negative LMP in a sentence

  • If during any Settlement Interval, Delivered Energy exceeds the Payment Limit for that Settlement Interval (“Surplus Delivered Energy”), then the Contract Price for any Surplus Delivered Energy in excess of the Payment Limit shall be adjusted to be zero dollars ($0) per kWh for that Settlement Interval, and if there ia Negative LMP during such Settlement Interval, Seller shall pay to Buyer an amount equal to the absolute value of the Negative LMP times such Surplus Delivered Energy (“Negative LMP Costs”).

  • Seller shall be permitted, but not obligated, in its sole discretion to reduce deliveries of Product during any period in which there is a Negative LMP.

  • The monthly payment will equal the sum of the monthly TOD Period payments for all TOD Periods in the month,minus (b) the Negative LMP Costs ] [Only for Facilities with a Nameplate Capacity greater than three megawatts] (“Monthly TOD Payment”).

  • Time aggregationYou can specify a different time aggregation using the Daily/Monthly list at the top right of the chart.

  • The monthly payment will equal the sum of the monthly TOD Period payments for all TOD Periods in the month minus the Negative LMP Costs.


More Definitions of Negative LMP

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).
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, whether in the Day-Ahead Market or Real-Time Market, the LMP at the Delivery Point is less than zero dollars ($0).
Negative LMP means in any Settlement Interval, the locational marginal price, as defined in the CAISO tariff, at the Pnode associated with the Facility’s Delivery Point that is less than zero dollars ($).[Only for conduit hydroelectric Facilities that are eligible pursuant to Assembly Bill No. 1979]
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 Interval, the LMP at the Facility’s PNode 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