Spot Price
Spot Price
Engineering glossary
Regulation
Definition of spot price
The price for a one-time open market transaction for immediate delivery of the specific quantity of product at a specific location where the commodity is purchased "on the spot" at current market rates.
Source : http://www.utilityami.org/docs/Utility%20AMI%20Glossary_Compiled_041306.xls
link: http://www.utilityami.org/
Second source: Constellation Energy Web Site
Author : not indicated on the source document of the above text
Engineering glossary
Engineering glossary index of terms
Definition and meaning of spot price
Meaning of spot price
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