Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:market
|
| gptkbp:contrastsWith |
Bilateral Contracts
Forward Markets |
| gptkbp:enables |
Grid reliability
Efficient resource allocation |
| gptkbp:example |
gptkb:ERCOT_Real-Time_Market
gptkb:PJM_Real-Time_Market California ISO Real-Time Market MISO Real-Time Market NYISO Real-Time Market |
| gptkbp:feature |
Price volatility
Real-time dispatch Short time intervals (e.g., 5 minutes) |
| https://www.w3.org/2000/01/rdf-schema#label |
Real-Time Markets
|
| gptkbp:location |
gptkb:Asia
gptkb:Europe gptkb:United_States |
| gptkbp:operatedBy |
gptkb:Independent_System_Operator
gptkb:Regional_Transmission_Organization |
| gptkbp:purpose |
Balance supply and demand in real time
|
| gptkbp:regulates |
Electricity prices
|
| gptkbp:relatedTo |
gptkb:Day-Ahead_Markets
|
| gptkbp:response |
Unexpected changes in demand
Unexpected changes in supply |
| gptkbp:settlementPeriod |
5 minutes
15 minutes |
| gptkbp:usedIn |
Electricity industry
|
| gptkbp:bfsParent |
gptkb:Spot_Pricing_of_Electricity
|
| gptkbp:bfsLayer |
7
|