Day-Ahead Energy Market

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instanceOf gptkb:energy
gptkbp:basisFor derivatives
congestion revenue rights
financial transmission rights
forward contracts
gptkbp:challenge complexity of market rules
forecast uncertainty
market manipulation risk
gptkbp:enables demand response
price discovery
integration of renewable energy
efficient resource allocation
hedging against price volatility
gptkbp:example gptkb:CAISO_Day-Ahead_Market
gptkb:EPEX_SPOT_Day-Ahead_Market
gptkb:Nord_Pool_Day-Ahead_Market
gptkb:PJM_Day-Ahead_Market
gptkbp:feature congestion management
financial settlement
hourly or sub-hourly intervals
security-constrained economic dispatch
transmission constraints
unit commitment
https://www.w3.org/2000/01/rdf-schema#label Day-Ahead Energy Market
gptkbp:operatesIn electricity sector
gptkbp:output generation schedule
locational marginal price
gptkbp:period one day before delivery
gptkbp:processor market clears based on supply and demand
market participants submit bids and offers
gptkbp:purpose energy trading
energy price formation
scheduling electricity generation
gptkbp:region gptkb:Asia
gptkb:Europe
gptkb:United_States
gptkbp:regulates gptkb:Federal_Energy_Regulatory_Commission
gptkb:European_Network_of_Transmission_System_Operators_for_Electricity
gptkbp:relatedTo gptkb:Capacity_Market
gptkb:Ancillary_Services_Market
gptkb:Real-Time_Energy_Market
gptkbp:startDate 1990s
gptkbp:usedBy gptkb:Independent_System_Operator
gptkb:Regional_Transmission_Organization
electricity generators
electricity suppliers
large consumers
gptkbp:bfsParent gptkb:ISO_New_England
gptkbp:bfsLayer 7