Real-time Prices definition

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 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 Prices means the Locational Marginal Prices resulting from the ISO’s dispatch of the NEPOOL Market in the Operating Day.

Examples of Real-time Prices in a sentence

• External Market Buyers shall be charged or credited at either the Day-ahead Prices or Real-time Prices, whichever is applicable, for energy at the foregoing load bus or busses.

• PJM determines supplier charges or credits based on the hourly usage differences and hourly Real-time Prices.

• In the Real-time Energy Market, Market Participants that deviate from the amounts of energy purchases or sales scheduled in the Day-ahead Energy Market shall be obligated to purchase or sell energy for the amount of the deviations at the applicable Real-time Prices or price differences, unless otherwise specified by this Schedule.

• Greenville-KinstonDupont project started prior to compliance filing and is not technically a mitigation project; the Companies committed to accelerate thisproject to support other mitigation projects.

• Because of practical generator response limitations, a resource whose megawatt output is not ten percent more than the megawatt level specified on the offer price curve for the applicable Dispatch Rate shall be deemed to be following economic dispatch instructions, but the energy price offer used in the calculation of Real-time Prices shall not exceed the applicable Dispatch Rate.

• Units that must be run for local area protection shall not be considered in the calculation of Real-time Prices.

• Where a single TMEP is constructed to reduce Transmission Congestion Charges attributable to more than one targeted Reciprocal Coordinated Flowgate, the Transmission Provider shall net any increases in Day-ahead and Real-time Prices paid by Market Buyers in a Zone or at a Merchant Transmission Facility against any decreases in Day-ahead and Real-time Prices paid by Market Buyers in such Zone or at such Merchant Transmission Facility attributable to all targeted Reciprocal Coordinated Flowgates.

• Adjustments to Day-ahead Energy Markets shall be settled at the applicable Real-time Prices, and shall not affect the obligation to pay or receive payment for the quantities of energy scheduled in the Day- ahead Energy market at the applicable Day-ahead Prices.

• Revisions to thePJM Open Access Transmission Tariff and PJM Operating Agreement (Marked / Redline Format) Section(s) of thePJM Open Access Transmission Tariff (Marked / Redline Format)2.5 Calculation of Real-time Prices.

• Adjustments to Day-ahead Energy Markets shall be settled at the applicable Real-time Prices, and shall not affect the obligation to pay or receive payment for the quantities of energy scheduled in the Day-ahead Energy market at the applicable Day-ahead Prices.

More Definitions of Real-time Prices

Real-time Prices means the Locational Marginal Prices resulting from the ISO’s dispatch of the New England Markets in the Operating Day.

Real-time Prices means the Locational Marginal Prices resulting from the ISO’s dispatch of the New England Markets in the Operating Day. Real-Time Reserve Charge is a Market Participant’s share of applicable system and Reserve Zone Real- Time Operating Reserve costs attributable to meeting the Real-Time Operating Reserve requirement as calculated in accordance with Section III.10 of Market Rule 1. Real-Time Reserve Clearing Price is the Real-Time TMSR, TMNSR or TMOR clearing price, as applicable, for the system and each Reserve Zone that is calculated in accordance with Section III.2.7A of Market Rule 1. Real-Time Reserve Credit is a Market Participant’s compensation associated with that Market Participant’s Resources’ Reserve Quantity For Settlement as calculated in accordance with Section III.10 of Market Rule 1. Real-Time Reserve Designation is the amount, in MW, of Operating Reserve designated to a Resource in Real-Time by the ISO as described in Section III.1.7.19 of Market Rule 1. Real-Time Reserve Opportunity Cost is defined in Section III.2.7A(b) of Market Rule 1. Real-Time Synchronous Condensing NCPC Credit is an NCPC Credit calculated pursuant to Appendix F to Market Rule 1. Real-Time System Adjusted Net Interchange means, for each hour, the sum of Real-Time Locational Adjusted Net Interchange for a Market Participant over all Locations, in kilowatts. Receiving Party is the entity receiving the capacity and/or energy transmitted to Point(s) of Delivery under the OATT. Reference Level is defined in Section III.A.5.7 of Appendix A of Market Rule 1. Regional Benefit Upgrade(s) (RBU) means a Transmission Upgrade that: (i) is rated 115kV or above;