Nodal Pricing

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf Electricity Market Mechanism
gptkbp:accountsFor Losses
Transmission Constraints
gptkbp:alsoKnownAs gptkb:Locational_Marginal_Pricing
gptkbp:contrastsWith Zonal Pricing
gptkbp:determines Electricity Price at Each Node
gptkbp:enables Efficient Use of Transmission Network
Locational Price Signals
Market-Based Congestion Management
https://www.w3.org/2000/01/rdf-schema#label Nodal Pricing
gptkbp:implementedIn gptkb:ISO_New_England
gptkb:ERCOT
gptkb:PJM_Interconnection
gptkb:New_York_ISO
Australian National Electricity Market
gptkbp:mathematicallyBasedOn Optimal Power Flow
gptkbp:objective Congestion Management
Efficient Dispatch of Generation
Transparent Price Signals
gptkbp:originatedIn gptkb:United_States
gptkbp:priceReflects Losses in Transmission
Marginal Cost of Supplying Electricity at Node
Transmission Congestion
gptkbp:relatedTo Electricity Market Design
Energy Trading
Power System Economics
gptkbp:usedIn Wholesale Electricity Markets
gptkbp:bfsParent gptkb:Spot_Pricing_of_Electricity
gptkbp:bfsLayer 7