Real-Time Price definition

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.
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Real-Time Price means the Real-Time Market price for Uninstructed Imbalance Energy (as defined in the CAISO Tariff) or any successor price for short-term imbalance energy, as such price or successor price is defined in the CAISO Tariff, that would apply to the Generating Facility, which values are, as of the Effective Date, posted by the CAISO on its website. The values used in this Agreement will be those appearing on the CAISO website on the eighth Business Day of the calendar month following the month for which such prices are being applied.
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Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff.
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Examples of Real-Time Price in a sentence

  • To the extent Seller delivers Surplus Delivered Energy to the Delivery Point in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy (in MWh) during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.

  • The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.6(c)(i).

  • The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.5(c)(i).

  • The CAISO will settle Uninstructed Imbalance Energy for non-participating Load in an EIM Entity Balancing Authority Area at the applicable Default LAP Hourly Real-Time Price in accordance with Section 11.5.2.2 with the applicable EIM Entity Scheduling Coordinator and will treat EIM Balancing Authority Demand in the same manner as the CAISO treats CAISO Demand under that Section.

  • C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval.

  • C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No under-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount plus the SC Trade Tolerance Band is less than the Metered Energy if, during such Settlement Interval, the Real-Time Price is equal to or less than the Day-Ahead Price payable during the Settlement Interval.

  • The CAISO will settle Uninstructed Imbalance Energy for non-participating Load in an EIM Entity Balancing Authority Area at the applicable Default LAP Hourly Real-Time Price in accordance with Section 11.5.2.2 with the applicable EIM Entity Scheduling Coordinator or EIM Sub-Entity Scheduling Coordinator and will treat EIM Balancing Authority Demand in the same manner as the CAISO treats CAISO Demand under that Section.

  • The Custom LAP Hourly Real-Time Price is then determined for Settlement purposes as further described in Section 11.5.2.2.

  • For each Settlement Interval, the differences between the Day-Ahead Scheduled CAISO Demand and Metered Demand (MWh) is settled at the Default LAP Hourly Real-Time Price or the Custom LAP Hourly Real-Time Price, as appropriate.

  • For each Default LAP, the CAISO calculates the applicable Default LAP Hourly Real-Time Price as the weighted average LMP of the four Default LAP FMM LMPs and the twelve (12) five-minute Default LAP RTD LMPs. The CAISO calculates the weighted average LMP for each Default LAP as the summation of the weighted average SMEC, the weighted average MCC, and the weighted average MCL for that Default LAP.


More Definitions of Real-Time Price

Real-Time Price means either the hourly price for energy in the Connecticut Load Zone (identified by ISO as Location ID 4004), or if ISO implements two energy zones during the Term of Agreement the hourly prices for energy in the Southwest Connecticut (“SWCT”) Load Zone and the Rest of Connecticut (“ROCT”) Load Zone, as published by ISO under Real-Time LMP on its website, as such price may be corrected or revised from time to time by ISO in accordance with its rules. If ISO ceases to identify these load zones, then the location shall be the zones or groups of Nodes that provides equivalent pricing.
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Real-Time Price means the LMP specific to a given Unit at a given Settlement Interval within the Real-Time Market.
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Real-Time Price means the CAISO Real-Time Market Locational Marginal Price for electric energy in each applicable Settlement Interval (including the energy, congestion and losses components) at the Generating Facility’s PNode (as published by the CAISO) which is the pricing point used by the CAISO for settlements of this Generating Facility.
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Real-Time Price means a price for electricity at a grid exit point or a grid injection point, the price for instantaneous reserve in dollars and cents for the real time pricing period determined in accordance with rule 6 of section III of part G.
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Real-Time Price means the LMP specific to the Project at a given Settlement Interval within the applicable Real-Time Market and available from CAISO (through its OASIS or successor system).
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Real-Time Price means the hourly price for energy in the WCMASS Load Zone (as Location ID 4007 in the ISO reporting system as of the Effective Date), as published by ISO under Real-Time LMP on its website, as such price may be corrected or revised from time to time by ISO in accordance with its rules. If ISO ceases to identify the WCMASS Load Zone, then the location shall be the zone or group of Nodes that provides equivalent pricing.
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Related to Real-Time Price

  • Real-Time Market has the meaning set forth in the CAISO Tariff.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Reset Price means the price of the relevant Underlying Reference determined by the Calculation Agent by reference to the price obtained by unwinding any underlying related hedging arrangements in respect of the relevant Security during the Unwinding Time Period immediately following the relevant Reset Event Determination Time ;

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 15. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.