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The Day-Ahead Market is a forward market in which hourly LMPs
(Locational Marginal Pricing) are calculated for the next operating day based
on generation offers, demand bids and scheduled bilateral transactions. This is
often noted as DA LMP.
The Real-Time Market is a spot market in which current LMPs are
calculated at five-minute intervals based on actual grid operating conditions.
This is often noted as RT LMP.
The map below shows the current real-time zonal prices for the
NYISO regions.
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