Locational Marginal Prices

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LMP
Pronunciation
/loʊˈkeɪʃənəl ˈmɑːrdʒɪnəl ˈpraɪsɪz/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. Different congestion management methodologies are adopted according to different types of transaction or settlement mechanism. Locational marginal prices ( LMP ), a pricing method used to price energy purchases and sales in market, also can alleviate congestion.

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