Real-Time Energy Market

GPTKB entity

Statements (32)
Predicate Object
gptkbp:instanceOf gptkb:energy
gptkbp:alsoKnownAs gptkb:RTM
gptkbp:basisFor real-time locational marginal pricing
gptkbp:distinctFrom gptkb:Day-Ahead_Market
gptkb:Forward_Market
gptkbp:enables ancillary services procurement
real-time price signals
gptkbp:example gptkb:CAISO_Real-Time_Market
gptkb:ERCOT_Real-Time_Market
gptkb:PJM_Real-Time_Market
https://www.w3.org/2000/01/rdf-schema#label Real-Time Energy Market
gptkbp:monitors system operator
gptkbp:operates short time intervals
gptkbp:participants gptkb:merchant
generators
load-serving entities
gptkbp:purpose balance supply and demand in real time
gptkbp:regulates gptkb:Federal_Energy_Regulatory_Commission
grid reliability
gptkbp:relatedTo gptkb:Day-Ahead_Energy_Market
gptkbp:response unexpected changes in demand
unexpected changes in supply
gptkbp:settlementPeriod real time
gptkbp:settlementType spot market
gptkbp:timeInterval 5 minutes
15 minutes
gptkbp:usedBy independent system operators
regional transmission organizations
gptkbp:usedIn gptkb:Europe
gptkb:United_States
gptkbp:bfsParent gptkb:ISO_New_England
gptkbp:bfsLayer 7