CAISO (California) 5 Min. RTM LMP Prices for 100 AP Nodes
Realtime Market 5 Minutes Locational Marginal Prices (LMP) for Selected 100 Aggregated Pricing Nodes (AP Nodes) in $/MWh since 2016
Applications
- Short-term commitments (forecast) of Locational Marginal Prices (LMP)
- Seasonal average and distribution of price
- Historical trade area and regional price analysis
- Congestion and loss analysis for efficient operations
- Valuation of Power Purchase Agreements (PPA's)
DOCUMENTATION
CAISO (California) 5 Min. RTM LMP Prices for 100 AP Nodes
Overview
This data product offers five minute interval prices for selected 100 Aggregated Pricing Nodes (AP Nodes) in CAISO since 2016. The AP Node coverage of the product is given below.
APNode or APN is an Aggregated Pricing Node (Aggregated Pnode) that can be a Load Aggregation Point, Trading Hub or any group of Pricing Nodes as defined by the California ISO.
LMP is the locational marginal price where demand at that PNode consistent with existing Transmission Constraints and the performance characteristics of resources. The Transmission Provider determines separate components of the LMP for the marginal cost of Energy, Marginal Cost of Congestion, and Marginal Cost of Losses relative to the Reference Bus, consistent with the following equation:
LMP = Energy + Loss + Congestion + GHG
Node Coverage
Here are the list of selected AP Nodes in this data product:
| Node Type | Number of AP Nodes |
|---|---|
| Trading hubs (TH) | 3 AP Nodes |
| Default Load Aggregation Points (DLAP) | 4 AP Nodes |
| Energy Imbalance Market Load Aggregation Points (ELAP) | 9 AP Nodes |
| Metered Load Aggregation Points (MLAP) | 4 AP Nodes |
| Sub Load Aggregation Points (SLAP) | 20+ AP Nodes |
| Custom Load Aggregation Points (CLAP) | 35+ AP Nodes |
Also check out the Related Data Products section below.
Metric Coverage
For each AP Node, you will find:
- LMP (Locational Marginal Price)
- Energy Price
- Congestion Price
- Loss Price
- Green House Gas prices (GHG price occurs in limited AP Nodes)
Data Collection Methodology
- Data is cleansed and organized to provide a ready for analysis dataset
- Both historical and current dates of operations are aggregated
- All date and hours are quality checked for consistency and completeness
- Data updates from CAISO three times a day
California Independent System Operator (CAISO) The California Independent System Operator is a non-profit Independent System Operator serving California. It oversees the operation of California's bulk electric power system, transmission lines, and electricity market generated and transmitted by its member utilities.
Related Data Products
Key Features
- Five-minute interval prices in $/MWh
- Updated daily by 5:00 PM PST
- Historical data goes back to 2016
- Covers 3 Trading Hubs, 4 Default Load Aggregation Points, 8 Energy Imbalance Market Load Aggregation Points, 23 Sub Load Aggregation Points, 37 Custom Load Aggregation Points and 4 Metered Load Aggregation Points
DATA DICTIONARY
9 Data Columns
Operation Timestamp (opr_ts)
The date and hour when the market runs and Energy is supplied to Load
Peak Hour Specification (on_peak_off_peak_hours)
The on peak, off peak flag of the hour. In CAISO, on-peak hours are between 6 AM to 10 PM.
Aggregated Pricing Node Group Name (apnode_group)
A Load Aggregation Point, Trading Hub or any group of Pricing Nodes as defined by the California ISO
Aggregated Pricing Node Id (apnode_id)
The identification code of the APNode (Aggregated Price Node) defined by the California ISO (CAISO)
Locational Marginal Price in the market (price_locational_marginal)
The marginal cost ($/MWh) of serving the next increment of Demand at that node, consistent with existing Transmission Constraints and the performance characteristics of resources
Marginal Cost of Congestion (price_congestion)
The component of LMP at a node that accounts for the cost of congestion, as measured between that Node and a Reference Bus
Marginal Cost of Energy (price_energy)
The component of LMP at a node that accounts for the generation power price
Marginal Cost of Losses (price_loss)
The component of LMP at a node that accounts for the marginal real power losses, as measured between that Node and a Reference Bus
Marginal Cost of Green House Gases (price_green_house_gas)
The component of LMP at a node that accounts for the greenhouse gas charge
Data Provider
Alta Bering
Alta Bering is a Data Curation and Business Analytics Company with its roots in management consulting and decision science. Alta Bering is based in British Columbia and also offers a visual business analytics platform called EPO to help solve complex business problems by using popular Machine Learning and statistical methods
