Operating Reserves Sample Clauses
Operating Reserves. Generating Capacity that is available to supply Energy, or Interruptible Load Resources that are available to Curtail Energy usage, in the event of contingency conditions which meet the requirements of the ISO. Operating Reserves include spinning reserves, ten-minute non-synchronized reserves, and thirty-minute reserves.
Operating Reserves. A Market Seller shall be credited for its pool-scheduled resources based on the prices offered for the operation of such resource, provided that the resource was available for the entire time specified in the Offer Data for such resource, in accordance with the procedures set forth in Section 3.2.3(b).
Operating Reserves. Contingency Reserves, in the amount of 3% of the Purchaser’s in-hour maximum operating capability, are programmatically withheld from the Purchaser’s slice. Reserves will be deployed by the District’s BA on behalf of the Purchaser as needed, for example, as requested from the Northwest Power Pool (NWPP). In-hour, if Purchaser exceeds 97% of the Purchaser’s in-hour maximum operating capability, the Purchaser will reimburse the District for the deficit megawatts. The District will charge the Purchaser for these reserves in the amount of four times the absolute value of the Powerdex Mid-Columbia weighted average Hourly Index for the corresponding hour and will be settled monthly. For each qualifying event under the NWPP Reserve Sharing Group (RSG), the District’s BA may call on reserves from the RSG. The Purchaser’s schedules for the 60 minutes following the event will be maintained by either the use of reserves or by restoring generation. Purchaser shall reduce their generation request to 97% of their new in-hour maximum operating capacity in the case that generation is not restored for the balance of the hour following the conclusion of the qualifying reserve event. Reserve costs incurred by the District will be reimbursed by the Purchaser on a prorated (as the Purchaser’s proportion of PRPO) basis. Previously approved e-Tags for subsequent hours shall be adjusted by the Purchaser to remain within 97% of the Purchaser’s forecasted maximum operating capability and 100% of the Purchaser’s forecasted minimum operating capability. Purchaser shall neither schedule/e-Tag more than 97% of their forecasted maximum operating capability nor less than 100% of their forecasted minimum generation requirement by thirty-minutes prior to the start of any operating hour. If Purchaser fails to meet either requirement by thirty-minutes prior to the start of any operating hour, they will be deemed non-compliant; the District may create an after-the-fact e-Tag and initiate an associated purchase or sale transaction to bring the Purchaser within their slice of PRPO rights and obligations, specifically within 97% of their forecasted maximum operating capability and 100% of their forecasted minimum generation requirement. Inside the hour, if Purchaser’s composite schedule exceeds 97% of their in-hour maximum operating capability and there is insufficient energy available from the market to supply the excess energy, the District will request that Purchaser curtail their schedule fo...
Operating Reserves. 35 3.2.4 Transmission Congestion........................ 35 3.2.5 Transmission Losses............................ 35 3.2.6 Emergency Energy............................... 36 3.2.7 Billing........................................ 36 3.3
Operating Reserves. 37 3.3.4 Emergency Energy............................... 37 3.3.5 Billing........................................ 38 3.4
Operating Reserves. (a) A Market Seller’s pool-scheduled resources capable of providing Operating Reserves shall be credited as specified below based on the prices offered for the operation of such resource, provided that the resource was available for the entire time specified in the Offer Data for such resource. To the extent that Section 3.2.3A.01 of Schedule 1 of this Agreement does not meet the Day-ahead Scheduling Reserves Requirement, the Office of the Interconnection shall schedule additional Operating Reserves pursuant to Section 1.7.17 and 1.10 of Schedule 1 of this Agreement. In addition the Office of the Interconnection shall schedule Operating Reserves pursuant to those sections to satisfy any unforeseen Operating Reserve requirements that are not reflected in the Day-ahead Scheduling Reserves Requirement.
(b) The following determination shall be made for each pool-scheduled resource that is scheduled in the Day-ahead Energy Market: the total offered price for start-up and no-load fees and energy, determined on the basis of the resource’s scheduled output, shall be compared to the total value of that resource’s energy – as determined by the Day-ahead Energy Market and the Day-ahead Prices applicable to the relevant generation bus in the Day-ahead Energy Market. PJM shall also (i) determine whether any resources were scheduled in the Day-ahead Energy Market to provide Black Start service, Reactive Services or transfer interface control during the Operating Day because they are known or expected to be needed to maintain system reliability in a Zone during the Operating Day in order to minimize the total cost of Operating Reserves associated with the provision of such services and reflect the most accurate possible expectation of real-time operating conditions in the day-ahead model, which resources would not have otherwise been committed in the day-ahead security-constrained dispatch and (ii) report on the day following the Operating Day the megawatt quantities scheduled in the Day-ahead Energy Market for the above-enumerated purposes for the entire RTO. Except as provided in Section 3.2.3(n), if the total offered price summed over all hours exceeds the total value summed over all hours, the difference shall be credited to the Market Seller. The Office of the Interconnection shall apply any balancing Operating Reserve credits allocated pursuant to this Section 3.2.3(b) to real-time deviations from day-ahead schedules or real-time load share plus exports, pursuant t...
Operating Reserves. The Office of the Interconnection shall schedule to the Operating Reserve and load-following objectives of the PJM Control Area in scheduling resources pursuant to this Schedule. A table of Operating Reserve objectives is calculated seasonally for various peak load levels and eight weekly periods and is published in the PJM Manuals. Reserve levels are probabilistically determined based on the season's historical load forecasting error and expected generation mix (including typical Planned and Forced/Unplanned Outages).
Operating Reserves. 15 1.7.18 Regulation.................................... 15 1.7.19 Ramping....................................... 16 1.7.20
Operating Reserves. Hourly Coordination shall determine the location, by Project, and type of Operating Reserves necessary to satisfy all Parties’ requests pursuant to subsection 5(b), Requests from Total System, in a manner that does not affect the type, quantity, and quality of Operating Reserves.
Operating Reserves. Each Party shall provide or cause to be provided applicable operating reserve requirements; provided, that such reserves shall meet or exceed the minimum reserve criteria established by the NERC, WECC, or successor organizations.