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What does LMP stand for?

Locational Marginal Prices


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
ISO-NE also assessed the impact of DR on wholesale pricing, determining that real-time locational marginal prices declined by 31 cents/MWh for the first three months of the reporting period and by 27 cents/MWh during the second half.
NEW MARKET DESIGN (NMD) METHOD The premise of NMD is to create a mechanism at the ISO/RTO that calculates and transacts electricity at locational marginal prices (LMP).
developers of the AURORAxmp([R]) Electric Market Model, announces a new internal capability in AURORAxmp for simulating Locational Marginal Prices ("LMP") and congestion payments for wholesale power markets across North America.

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