System Marginal Buy Price definition

System Marginal Buy Price or “SMBP” has the meaning given in the Network Code; “System Marginal Sell Price” or “SMSP” has the meaning given in the Network Code;
Sample 1Sample 2Sample 3
System Marginal Buy Price or “SMBP” has the meaning given in the Network Code;
Sample 1Sample 2Sample 3
System Marginal Buy Price has the meaning given in the Network Code;
Sample 1Sample 2Sample 3

Examples of System Marginal Buy Price in a sentence

  • The SDP is calculated by reference to the relevant System Marginal Buy Price (SMP Buy), as defined by National Grid in the Network Code, or Exchange Delivery Settlement Price (EDSP).

  • For the avoidance of doubt, any amounts payable by National Grid NTS pursuant to paragraph 7.2.2, 7.2.4 or 7.2.6 shall not be included in the calculation of the System Marginal Buy Price, the System Marginal Sell Price or the System Average Price pursuant to Section F1.2 for the Day to which such amounts relate.

  • For the Seller, it includes an amount calculated by reference to the relevant System Marginal Buy Price, as defined by National Grid in the Network Code.

  • If on any Day the Customer has a Withdrawal Overrun Quantity greater than zero (0), SL shall sell to the Customer the Withdrawal Overrun Quantity from SL at a purchase price calculated in accordance with the following formula: PDQSMAX(D) = (1.25 x SMBP + (Withdrawal Charge + Injection Charge)) x DQSMAX(D) where: PDQSMAX(D) is the Withdrawal Overrun Quantity purchase price in pence; SMBP(D) System Marginal Buy Price in pence/kWh on such Day; and DQSMAX(D) is the Withdrawal Overrun Quantity in kWh.

  • For the purposes of paragraph 1.2.1(a), (b) and (c) Excluded Locational Actions will be excluded in determining the System Marginal Sell Price, System Marginal Buy Price and the System Average Price.

  • In the event of a Class A Contingency (in accordance with Section U6) occurring on the Gas Flow Day the references in paragraph 2.3.1(b) to System Marginal Sell Price and System Marginal Buy Price shall be to the System Average Price.

  • In the event of a Class A Contingency (in accordance with GT Section D5.9) occurring on the Gas Flow Day the references in paragraph 2.3.1(b) to System Marginal Sell Price and System Marginal Buy Price shall be to the System Average Price.

  • The SDP is calculated by reference to the relevant System Marginal Buy Price (SMP Buy), as defined by National Grid in the Network Code, or Market Delivery Settlement Price (MDSP).

  • System Marginal Buy Price + Imbalance Gas Transportation Costs + Balancing Buy Contract Margin) x 1.1.

  • For the avoidance of doubt, any amounts payable by National Grid NTS pursuant to paragraph 6.2.2 or 6.2.4 shall not be included in the calculation of the System Marginal Buy Price, the System Marginal Sell Price or the System Average Price pursuant to Section F1.2 for the Day to which the Emergency Curtailment Quantity relates.


More Definitions of System Marginal Buy Price

System Marginal Buy Price. “SMBP” the System Marginal Buy Price, as calculated and published by National Grid in respect of each Gas Day;
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Related to System Marginal Buy Price

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