Opportunity Cost definition

Opportunity Cost means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.
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Opportunity Cost means the cost of passing up another choice when making a decision or the increase in costs due to delays in making a decision.
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Opportunity Cost means a component of the Market Seller Offer Cap calculated in accordance with section 6.
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Examples of Opportunity Cost in a sentence

  • The Lost Opportunity Cost payment shall be calculated as the maximum of zero or the difference between: (i) the product of: (a) the appropriate MW of output reduction and (b) the Real-Time LBMP at the Generator bus; and (ii) the Generator’s Energy Bid for the reduced output of the Generator multiplied by the time duration of reduction in hours or fractions thereof.

  • The Lost Opportunity Cost payment shall be calculated as the maximum of zero or the difference between: (i) the product of: (a) the appropriate MW of output reduction and (b) the Real-Time LBMP at the Generator bus; and (ii) the Generator’s Energy Bid for the reduced output of the Generator multiplied by the time duration of reduction in hours or fractions thereof.The formula below describes the calculation of LOC as applied to each Generator supplying Voltage Support Service.

  • For Use-Limited Resources using the Proxy Cost methodology, the CAISO will calculate a resource’s Default Commitment Cost Bids as the applicable Proxy Cost multiplied by Commitment Cost Multiplier plus the Start-Up Opportunity Cost, Transition Opportunity Cost, or Minimum Load Opportunity Cost as applicable.

  • If, after receipt of the documentation required pursuant to Section 30.4.6.1.2, the CAISO determines that it cannot rely on the Opportunity Cost calculator to calculate Opportunity Costs for an eligible limitation pursuant to Section 30.4.6.2, the CAISO will establish the Opportunity Costs for the limitation pursuant to this Section.

  • FMM Exceptional Dispatches or RTD Exceptional Dispatches for incremental or decremental Energy needed for Voltage Support procured through Exceptional Dispatch pursuant to Section 34.11.2 will be paid and settled in accordance with Section 11.5.6. RMR Resources and Condition 2 Legacy RMR Units providing Voltage Support are not eligible for an Opportunity Cost pursuant to this Section 11.10.1.4.


More Definitions of Opportunity Cost

Opportunity Cost means a component of the Market Seller Offer Cap calculated in
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Opportunity Cost means the cost of passing up an
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Opportunity Cost means the cost of passing up another choice when making a
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Opportunity Cost means the cost of passing up an alternative and the increase in costs as the result of delaying a decision;
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Opportunity Cost means the difference between the spot price to exchange the
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Opportunity Cost for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "Index" plus the amount of any after-tax benefits paid to the Executive pursuant to this Executive Agreement (Paragraph II hereinafter) plus the amount of all previous years after-tax Opportunity Costs, and multiplying that sum by the average annualized after-tax yield of a one-year Treasury Xxxx. The "average annualized after-tax yield of a one-year Treasury Xxxx" means; (i) the sum of each of the twelve after-tax yields of a one-year Treasury Xxxx as published by the Federal Reserve as of the first day of each month within the Plan Year divided by twelve; (ii) multiplied by one minus the Bank's marginal tax rate for the Plan Year. An illustration of the calculation of the Opportunity Cost as set forth herein is attached hereto and marked as Exhibit "A". The numbers referred to in said Exhibit A are not actual nor representative of any Opportunity Cost that may be actually calculated per this Executive Agreement. Exhibit A is attached hereto merely for illustrative purposes only and the Bank does not make any promises or other representations regarding any said amounts set forth therein.
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Opportunity Cost means a component of the Market Seller Offer Cap calculated in accordance with section II.D.24 of 6the Appendix to Attachment M.
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