Annual FTR Auctions Sample Clauses

Annual FTR Auctions. After the Long Term FTR Auction, residual capability on the PJM transmission system is auctioned in the Annual FTR Auction. These FTRs are effective beginning June 1 of the planning period through May 31. This auction consists of four rounds that allow any transmission service customers or PJM members to bid for any FTR or to offer for sale any FTR that they currently hold. These FTRs will be effective for the entirety of the planning period. FTRs purchased in one round of the Annual FTR Auction can be sold in later rounds or in the Monthly Balance of Planning Period FTR Auctions. Figure 12-1 shows the geographic location of the top ten binding constraints from the Annual FTR Auction and the Annual ARR allocation for the 2012 to 2013 planning period. Many of the top binding constraints are flowgates and the binding constraints are primarily concentrated near the PJM-MISO border. Figure 12‑1 Geographic location of top ten binding constraints for the Annual FTR Auction and ARR allocation: Planning period 2012 to 2013 (See 2011 SOM, Figure 12‑1) Table 12-2 shows the top 10 binding constraints for the 2012 to 2013 Annual FTR Auction based on the marginal value of on peak hours Table 12‑2 Top 10 principal binding transmission constraints limiting the Annual FTR Auction: Planning period 2012 to 2013 (See 2011 SOM, Table 12‑3) Severity Ranking by Auction Round Constraint Type Control Zone 1 2 3 4 Cumberland Ave - Xxxx Flowgate MISO 1 1 1 1 Xxxxxxxxxx - Xxxxxxxxx Line AP 2 2 2 2 Monticello - East Winamac Flowgate MISO 6 3 3 3 Graceton - Raphael Road Line BGE 9 5 4 4 Belmont Transformer AP 3 4 5 8 Doubs Transformer AP 5 7 7 7 Xxxxxxxxx Flowgate MISO NA 159 NA 6 Zion Transformer ComEd 8 6 6 NA Monthly Balance of Planning Period FTR Auctions The residual capability of the PJM transmission system after the Long Term and Annual FTR Auctions are concluded is offered in the Monthly Balance of Planning Period FTR Auctions. These are single-round monthly auctions that allow any transmission service customers or PJM members to bid for any FTR or to offer for sale any FTR that they currently hold. Market participants can bid for or offer monthly FTRs for any of the next three months remaining in the planning period, or quarterly FTRs for any of the quarters remaining in the planning period. FTRs in the auctions include obligations and options and 24-hour, on peak or off peak products.7 Secondary Bilateral Market Market participants can buy and sell existing FTRs through the ...
Sample 1
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Annual FTR Auctions. After the Long Term FTR Auction, residual capability on the PJM transmission system is auctioned in the Annual FTR Auction. Annual FTRs are effective beginning June 1 of the planning period through May 31. Outages expected to last two or more months are included in the determination of the simultaneous feasibility for the Annual FTR Auction. ARR holders who wish to self schedule must inform PJM prior to round one of this auction. Any self-scheduled ARR requests clear 25 percent of the requested volume in each round of the Annual FTR Auction as price takers. This auction consists of four rounds that allow any transmission service customers or PJM members to bid for any FTR or to
Sample 1
Annual FTR Auctions. Annual FTRs are effective beginning June 1 of the planning period through May 31. Outages expected to last two or more months are included in the determination of the simultaneous feasibility for the Annual FTR Auction. ARR holders who wish to self schedule must inform PJM prior to round one of this auction. Any self scheduled ARR requests clear 25 percent of the requested volume in each round of the Annual FTR Auction as price takers. This auction consists of four rounds that allow any transmission service customers or PJM members to bid for any FTR or to offer for sale any FTR that they currently hold. FTRs in this auction can be obligations or options for peak, off peak or 24 hour periods. FTRs purchased in one round of the Annual FTR Auction can be sold in later rounds or in the Monthly Balance of Planning Period FTR Auctions. The FTRs sold in the Long Term FTR Auction for a future delivery year may conflict with the ARRs assigned to load in the ARR allocation process when that delivery year is the next one if the ARRs are self scheduled.
Sample 1
Annual FTR Auctions. Annual FTRs are effective beginning June 1 of the planning period through May 31. Outages expected to last two or more months, as well as any outages of a shorter duration that PJM determines would cause FTR revenue inadequacy if not modeled, are included in the determination of the simultaneous feasibility for the Annual FTR Auction.33 While the full list of outages selected is publicly posted, PJM exercises significant discretion in selecting outages to accomplish FTR revenue adequacy goals and the process by which these outages are selected is not fully explained. ARR holders who wish to self schedule must inform PJM prior to round one of this auction. Any self scheduled ARR requests clear 25 percent of the requested volume in each round of the Annual FTR Auction as price takers. This auction consists of four rounds that allow any transmission service customers or PJM members to bid for any FTR or to offer for sale any FTR that they currently hold. FTRs in this auction can be obligations or options for peak, off peak or 24 hour periods. FTRs purchased in one round of the Annual FTR Auction can be sold in later rounds or in the Monthly Balance of Planning Period FTR Auctions. The FTRs sold in the Long Term FTR Auction for a future delivery year may conflict with the ARRs assigned to load in the ARR allocation process when that delivery year is the next one if the ARRs are self scheduled.
Sample 1

Related to Annual FTR Auctions

  • AFTER AUCTION 6.1 Any successful E-bidders shall and undertake to sign the contract of sale and pay the additional 10% for the difference of the purchase price within two (2) working days to ESZAM AUCTIONEER SDN BHD bank account or prepare a bank draft. In the event that the successful E-bidder fail to pay additional deposit, the Bank will forfeit the deposit and the sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-bidders.

  • ONLINE PUBLIC AUCTION PROCESS 2.1. E-Bidders may browse through the PAH Website and select the properties they wish to bid online.

  • POST PUBLIC AUCTION 5.1. Any E-Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Sale and pay the difference between 10% of the purchase price and the deposit paid under clause 3.5 above (“differential sum”) at the office of the Auctioneer within same day from the date of auction, failing which the deposit paid will be forfeited to the Assignee Bank and sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.5 above and the differential sum paid under this clause (If any) to the Assignee Bank.

  • BEFORE AUCTION 4.1 All intended bidder can access to the ESZAM AUCTIONEER SDN BHD website to download the Proclamation of Sale (POS) & Conditions of Sale (COS). By proceeding with E-bidding with ESZAM AUCTIONEER SDN BHD, the E-bidders’ have agreed and accepted the ESZAM AUCTIONEER SDN BHD terms and conditions. Any bid by registered E-bidder shall not be withdrawn once entered.

  • POST ONLINE PUBLIC AUCTION PROCEDURES 4.1. Successful E-bidders shall and undertake to sign the Memorandum of Sale at the office of the Auctioneer within 3 working days from the date of auction, failing which the deposit paid will be forfeited to the Assignee bank and the sale will be deemed cancelled/terminated and the property may be put up again for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the required deposit paid under Clause 2.4 above and the differential sum paid under this clause (if any) to the Assignee bank.

  • ONLINE PUBLIC AUCTION TERMS AND CONDITIONS The Terms and Conditions specified herein shall govern all users of xxxx.xxxxxxxx.xxx.xx. (PAH Website) IMPORTANT These terms and conditions apply to all online bidding at auction sales conducted by or in conjunction with AMBANK (M) BERHAD / AMBANK ISLAMIC BERHAD (“Online Public Auction”). By registering to participate, bidding or purchasing in a AMBANK (M) BERHAD / AMBANK ISLAMIC BERHAD auction sale via Online Public Auction, you expressly agree to be bound by these terms and conditions in full.

  • Auctions Lessee shall not conduct, nor permit to be conducted, either voluntarily or involuntarily, any auction upon the Premises without first having obtained Lessor's prior written consent. Notwithstanding anything to the contrary in this Lease, Lessor shall not be obligated to exercise any standard of reasonableness in determining whether to grant such consent.

  • The Auction Agent may perform its duties and exercise its rights hereunder either directly or by or through agents or attorneys.

  • WORKING DAY BEFORE AUCTION DATE The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale to the Assignee. Bidders please refer to the Online Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit. For further particulars, please contact MESSRS SIDEK XXXX XXXX & XXXXXX, Solicitors for Assignee herein whose address is at Level 16, Menara Bumiputra-Commerce, Xx. 00, Xxxxx Xxxx Xxxx, 00000 Xxxxx Xxxxxx. Tel: 00-0000 0000 / Fax: 00-0000 0000 [Ref:L3546(F).00101702523JCS/YN] or under mentioned Auctioneer. RAJAN AUCTIONEERS SDN. BHD. X. XXXXX Xx.00X, Xxxxxxx Xxxx, Xxxxx Xxxx Xxxxxx, ( Licensed Auctioneer ) 41000 Klang , Selangor Darul Ehsan H/P : 000-0000000 Tel : 00-00000000 / Fax: 00-00000000 H/P : 012-2738109 Our Ref: RA/ABB/STWD/KL/2086-23(sri) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN KEMUDAHAN XXX PENYERAHAN PERJANJIAN BELI JUAL (PIHAK PERTAMA) KEDUA-DUANYA BERTARIKH 09HB APRIL 2019 ANTARA AFFIN BANK BERHAD (197501003274 / 25046-T) PIHAK PEMEGANG SERAHHAK/PIHAK BANK XXX XX XXX XXX ( XX.XX: 810511-05-5658)… PIHAKPENYERAHHAK/PEMINJAM Dalam menjalankan xxx xxx kuasa xxxx diberi kepada Pihak Pemegang Serahhak xxx di bawah Perjanjian Kemudahan xxx Penyarahan Beli Jual (Pihak Pertama) kedua-duanya bertarikh 09hb April 2019, dimasukkan di antara Pihak Pemegang Serahhak xxx Pihak Penyerahhak xxx dalam Perjanjian Jual Beli di antara Pihak Penyerahhak xxx Nusmetro Ampang Sdn Bhd (“Pemaju”) xxx N Jaya Sdn Bhd (‘Penjual’’) xxx Pihak Berkuasa Kemajuan Pekebun Kecil Perusahaan Getah (‘Pemilik”) bertarikh 03hb Januari 2019, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Xxxxx xxx dengan dibantu oleh Xxxxxxxx yang tersebut di bawah. AKAN MENJUAL HARTANAH YANG DIPERIHALKAN DI BAWAH MELALUI LELONGAN AWAM PADA HARI SELASA, 31HB OKTOBER 2023 PADA JAM 11.30 PAGI, DI RAJAN AUCTIONEERS SDN BHD, XX.00X, 0XX XXXXX, XXXXX XXXX XXXXXX, 41000 KLANG, SELANGOR DARUL EHSAN

  • Notice of Auction Results (a) On each Auction Date, the Auction Agent shall notify BD by telephone as set forth in paragraph (a) of the Settlement Procedures. On the Business Day next succeeding such Auction Date, the Auction Agent shall notify BD in writing of the disposition of all Orders submitted by BD in the Auction held on such Auction Date.

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