"This figure depicts a hypothetical combination of supply and demand bids that could've created a situation of ""degeneracy"" at the Silver Peak intertie node, by which the market-efficient, security-constrained, least-cost dispatch solution under the California ISO market tariff could've indicated not a single, unique market-clearing locational marginal price (LMP), but a range of prices, falling between the lowest-priced supply bid (import bid) and the highest-priced demand bid (export bid)—any one of which"
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