Glossary

nodal prices

nodal prices is prices quoted at individual grid locations (pricing nodes or PNodes) rather than as one system-wide number; CAISO OASIS coverage records "nodal detail across all PNodes, trading hubs (NP15, ZP26, SP15) and load aggregation points". In Datadory's catalog of 1,744 datasets, CAISO OASIS coverage and PJM coverage are working examples.

What is nodal prices?

Prices quoted at individual grid locations (pricing nodes or PNodes) rather than as one system-wide number.

CAISO OASIS carries nodal detail across every PNode plus trading hubs and load aggregation points, and PJM reports by pricing node, hub, interface, transmission zone and load area.

In this catalog it appears concretely: - CAISO OASIS coverage — "nodal detail across all PNodes, trading hubs (NP15, ZP26, SP15) and load aggregation points". - PJM coverage — "reported by pricing node, hub, interface, transmission zone and load area".

Why does nodal prices matter when choosing a dataset?

Conventions decide whether two sources can be joined at all. Buy one side of an analysis that ignores this convention and every reconciliation step — calendar alignment, unit conversion, entity matching — lands on your team instead of the vendor's.

The failure mode is concrete: the label appears in a listing, the delivered files tell a different story, and the gap surfaces mid-project when fixing it is most expensive.

You rarely have to take a vendor's word for it. 82.4% of the 1,744 datasets Datadory catalogs are free to access, and CAISO OASIS coverage lets you inspect the real artifact before any budget is committed.

How do you evaluate nodal prices in a data source?

Treat every claim of this attribute as testable:

  1. Open CAISO OASIS coverage and confirm its record — "nodal detail across all PNodes, trading hubs (NP15, ZP26, SP15) and load aggregation points" — against the files you actually receive.
  2. Open PJM coverage and confirm its record — "reported by pricing node, hub, interface, transmission zone and load area" — against the files you actually receive.
  3. Pin down update cadence in writing. Across this catalog, 22.6% of 1,744 datasets refresh daily and 64 still arrive only through a manual request form, so ask exactly how fresh each release is.
  4. Check whether definitions are verified at all. Field definitions are verified for 1495 of 1,744 datasets (85.7%), and any source you license should meet that bar.
  5. Price the delivery route before the license. In this catalog bulk download is the most common access method (725 datasets) ahead of official APIs (574), and 379 sources still require scraping — a maintenance cost that lands on you, not the vendor.

See the term applied to real records: independent-power-producers-energy-traders data.

Adjacent concepts worth reading next: - ISO/RTO - locational marginal price - trading hub

Frequently asked questions

What is an example of nodal prices?

CAISO OASIS coverage is the clearest example in this catalog. Its record states: "nodal detail across all PNodes, trading hubs (NP15, ZP26, SP15) and load aggregation points". Across all 1,744 datasets Datadory averages a quality score of 7.81 out of 10, so a named example can be weighed rather than trusted blindly.

Is data described as "nodal prices" free to use?

Treat access and permission separately. 82.4% of the 1,744 datasets in this catalog are free to access, but 235 are freemium and 61 are paid outright, so confirm both the price and the license on the exact distribution before building on it.

How do I verify a source really provides nodal prices?

Open CAISO OASIS coverage next to PJM coverage and compare the promise with the download. Field definitions are verified for 1495 of 1,744 datasets (85.7%), which makes that check fast inside the catalog and manual outside it.

Datasets containing this field

Datasets containing nodal prices

6 datasets carry nodal prices in the catalog. Open one, count the fields, judge for yourself.

Independent Power Producers & Energy Traders

CAISO OASIS — Open Access Same-time Information System

Independent Power Producers & Energy Traders

EIA API Technical Documentation (v2 Routes & Facets)

Independent Power Producers & Energy Traders

EIA Electric Power Annual

Independent Power Producers & Energy Traders

EIA Electric Power Monthly

Independent Power Producers & Energy Traders

EIA Form EIA-860 — Annual Electric Generator Inventory

Independent Power Producers & Energy Traders

PJM Markets & Operations — LMP, Load, Fuel Mix and Reserves Data

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