Spot Pricing of Electricity

URI: https://gptkb.org/entity/Spot_Pricing_of_Electricity

GPTKB entity

Statements (52)

Predicate	Object
gptkbp:instanceOf	gptkb:Electricity_Market_Mechanism
gptkbp:affects	Weather Conditions Fuel Prices Generation Availability Load Variability Transmission Constraints
gptkbp:appliesTo	Electricity Markets
gptkbp:basedOn	gptkb:Supply_and_Demand
gptkbp:basisFor	gptkb:Financial_Transmission_Rights Electricity Derivatives Forward Contracts Hedging Instruments
gptkbp:calculationMethod	Market Clearing Algorithms
gptkbp:component	Deregulated Electricity Markets
gptkbp:contrastsWith	Block Pricing Flat Rate Pricing Time-of-Use Pricing
gptkbp:determines	Real-Time Electricity Prices
gptkbp:enables	gptkb:Demand_Response_Programs Ancillary Services Pricing Congestion Management Efficient Resource Allocation Loss Allocation Price Signals for Investment Short-Term Market Efficiency
gptkbp:impact	Market Volatility Grid Reliability Investment Decisions Retail Electricity Prices
gptkbp:influenced	Consumer Behavior Generator Dispatch Market Settlement
gptkbp:introducedIn	1988
gptkbp:monitors	Market Monitors
gptkbp:objective	Reflect True Cost of Electricity
gptkbp:originatedIn	gptkb:Fred_C._Schweppe
gptkbp:publishedIn	gptkb:IEEE_Transactions_on_Power_Apparatus_and_Systems
gptkbp:regulates	gptkb:Regulatory_Authorities Market Rules
gptkbp:relatedTo	gptkb:Locational_Marginal_Pricing gptkb:Nodal_Pricing Electricity Tariffs
gptkbp:subjectOf	gptkb:Policy_Debates Academic Research
gptkbp:usedBy	gptkb:Independent_System_Operators gptkb:Regional_Transmission_Organizations
gptkbp:usedIn	gptkb:Day-Ahead_Markets gptkb:Real-Time_Markets Wholesale Electricity Markets
gptkbp:bfsParent	gptkb:Charles_H._Schweppe
gptkbp:bfsLayer	6
https://www.w3.org/2000/01/rdf-schema#label	Spot Pricing of Electricity