We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Real-time Loss Price definition

Real-time Loss Price means the Loss Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.
Sample 1Sample 2Sample 3
Real-time Loss Price means the Loss Price resulting from the Office of the
Sample 1Sample 2Sample 3

Examples of Real-time Loss Price in a sentence

  • The hydration step was then performed at 25°C in the air flow (20 mL.min-1) containing 30% of RH for a duration of 16h.

  • Transmission Loss Charges shall be assessed for real-time transmission use in excess of the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the excess amount multiplied by the difference between the Real-time Loss Price at the delivery point or the delivery Interface Pricing Point at the boundary of the PJM Region, and the Real-time Loss Price at the source point or the source Interface Pricing Point at the boundary of the PJM Region.

  • Transmission Loss Charges shall be assessed for real-time transmission use in excess of the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the excess amount multiplied by the difference between the Real- time Loss Price at the delivery point or the delivery interface at the boundary of the PJM Region, and the Real-time Loss Price at the source point or the source interface at the boundary of the PJM Region.

  • As an independent regulator, the ICCC has carried out a number of reviews in 2009 and will continue to identify and undertake further reviews to improve and strengthen competition.

  • To the extent that the energy actually injected at a generation bus or Interface Pricing Point in any hour is less than the energy scheduled to be injected at that bus or point in the Day-ahead Energy Market, the Market Seller shall be debited for the difference at the Real-time Loss Price for the applicable bus or point at the time of the shortfall times the amount of the shortfall.

  • Such Market Participant shall be paid for Transmission Loss Charges for real-time cleared MWh falling below the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the shortfall amount multiplied by the difference between the Real-time Loss Price at the sink point and the Real-time Loss Price at the source point.

  • A Transmission Customer shall be paid for Transmission Loss Charges for real- time transmission use falling below the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the shortfall amount multiplied by the difference between the Real- time Loss Price at the delivery point or the delivery interface at the boundary of the PJM Region, and the Real-time Loss Price at the source point or the source interface at the boundary of the PJM Region.

  • To the extent that the load (net of operating Behind The Meter Generation, but not to be less than zero) actually served at a load bus is less than the load (net of Behind The Meter Generation expected to be operating, but not to be less than zero) scheduled to be served at that bus in the Day-ahead Energy Market, the Market Buyer shall be paid for the difference at the Real-time Loss Price for the load bus at the time of the shortfall.

  • The total real-time generation revenues for each Market Seller shall be the sum of its credits determined by the product of (i) the hourly net amount of energy delivered to the PJM Region at the applicable generation or interface bus in excess of the amount scheduled to be delivered in that hour at that bus in the Day-ahead Energy Market from each of the Market Seller’s resources, times (ii) the hourly Real-time Loss Price at that bus.

  • A revised Real-time Loss Price for residual metered EDCaggregates is calculated using the updated distribution factors to determine the Transmission Loss charge reconciliations.For those eSchedules where the aggregate sink bus is a residual metered EDC aggregate, PJM calculates additional Transmission Loss charge reconciliations by multiplying the scheduled Retail Load Responsibiity eSchedules (in MWh) by the difference between the revised Real-time Loss Price and the original Real-time Loss Price.

Related to Real-time Loss Price

  • Loss Price means the loss component of the Locational Marginal Price, which is the effect on transmission loss costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource based on the effect of increased generation from or consumption by the resource on transmission losses, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • 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.

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

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

Most Referenced Clauses

Most Referenced Definitions