System Marginal Price definition

System Marginal Price as defined in the TSC Termination Date: the date on which this Agreement is validly terminated in accordance with Clause 12 TSC: the Trading and Settlement Code as amended from time to time or such relevant successor as may be published. Vacation Date: the date on which the Customer physically vacates the Supply Address VAT: value added tax chargeable in the UK or Ireland.
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System Marginal Price as defined in the Pool Rules;
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System Marginal Price or "SMP" means the payment made to all Generators scheduled, whatever level of bid submitted;
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Examples of System Marginal Price in a sentence

  • Peserta bagi kategori Price Taker akan dibayar harga System Marginal Price (SMP) untuk tenaga yang dibekalkan kepada grid tanpa perlu mengemukakan sebarang tawaran.

  • If the Economic Dispatch Minimum Capacity and Economic Dispatch Maximum Capacity for a Dispatchable Unit are changed to be equal to the hourly generation, the unit shall be excluded from the calculation of the System Marginal Price as determined in Section 6.3.

  • Pool price, based on the volume weighted average of the System Marginal Price and the Supplier Capacity Charge for each half hour; plus 8.

  • System Marginal Price adalah harga tenaga yang dijana oleh loji janakuasa thermal yang paling mahal dan dioperasikan untuk memenuhi permintaan dalam tempoh setengah jam.

  • Joint Dispatch Energy shall be priced on a per MWh basis at the System Marginal Price.

  • System Marginal Price is the energy price of the most expensive thermal generator dispatched to meet demand in the half-hour period.

  • The System Marginal Price is determined using the System Marginal Pricing Methodology provided under Section 6.3 below.

  • If the System Marginal Price (SMP) is higher than the CGPA price, the Solar Power Producer pays the Corporate Consumer the difference, and vice versa (CfD structure).

  • Pricing is decided between the RE generator and the consumer, following the standard price determined by the System Marginal Price (SMP) + REC.

  • Market Pool price, based on the volume weighted average of the System Marginal Price and the Supplier Capacity Charge for each half hour; plus 8.


More Definitions of System Marginal Price

System Marginal Price means the Variable Generation Cost of the most expensive Generation Unit which would be dispatched to supply one [1] additional MW of Demand, as determined pursuant the corresponding Commercial Code Operational Procedure developed by the System Operator, as established in
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System Marginal Price means the Price Offer of the Marginal Generating
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System Marginal Price. The price determined using the methodology set forth in Section 6.3. Surplus Energy: Energy provided in accordance with Section 6.1.3.
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