Explain Locational marginal price.
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Locational marginal pricing is a way for wholesale electric energy prices to reflect the value of electric energy at different locations, accounting for the patterns of load, generation, and the physical limits of the transmission system.
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✌✌Hey, mate here is your answer⤵
LMP takes into account the effect of actual operating conditions on the transmission system in determining the price of electricity at different locations in the PJM region. Locational marginal pricing reflects the value of the energy at the specific location and time it is delivered.
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@1Angel25
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LMP takes into account the effect of actual operating conditions on the transmission system in determining the price of electricity at different locations in the PJM region. Locational marginal pricing reflects the value of the energy at the specific location and time it is delivered.
Hope this answer will help you..《《
#Be Brainly#
@1Angel25
__________
Thanks✊..
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