Coordinated Transaction Scheduling definition

Coordinated Transaction Scheduling or “CTS” shall mean the market rules that allow transactions to be scheduled based on a bidder’s willingness to purchase energy from a source in either the NYISO or PJM Control Area and sell it at a sink in the other Control Area if the forecasted price at the sink minus the forecasted price at the corresponding source is greater than or equal to the dollar value specified in the bid.

Coordinated Transaction Scheduling or “CTS” shall mean the scheduling of Coordinated External Transactions at a CTS Enabled Interface in accordance with the procedures of Operating Agreement, Schedule 1, section 1.13, and the parallel provisions of Tariff, Attachment K-Appendix.

Coordinated Transaction Scheduling or “CTS” means an external transaction scheduling process between the NYCA and NECA in which Market Participants’ bids, to buy energy in one region and sell in another region, are economically and simultaneously cleared by ISO-NE and NYISO. This process takes place pursuant to market rules in the Parties’ respective tariffs that allow transactions to be scheduled over a CTS Enabled Interface based on a bidder’s willingness to purchase energy from the NYCA or NECA (the source) and sell it to the other Control Area (the sink) if the bid price is less than or equal to the expected LMP difference across the interface in the requested direction, as of the time the interface is scheduled.

Examples of Coordinated Transaction Scheduling in a sentence

• Coordinated Transaction Scheduling or “CTS” are real time market rules implemented by NYISO and PJM that allow transactions to be scheduled based on a bidder’s willingness to purchase energy at a source (in the PJM Control Area or the NYISO Control Area) and sell it at a sink (in the other Control Area) if the forecasted price at the sink minus the forecasted price at the corresponding source is greater than or equal to the dollar value specified in the bid.

• Coordinated Transaction Scheduling means the enhanced scheduling procedures set forth in Section III.1.10.7.A. Correction Limit means the date that is one hundred and one (101) calendar days from the last Operating Day of the month to which the data applied.

• CTS Enabled Interface: An External Interface at which the ISO has authorized the use of Coordinated Transaction Scheduling (“CTS”) market rules and which includes a CTS Enabled Proxy Generator Bus for New York and a CTS Enabled Proxy Generator Bus for the neighboring Control Area.

• If no adjustments to Coordinated Transaction Scheduling have been identified, the ISO will proceed to develop and file the revisions necessary to amend the Transmission, Markets and Services Tariff to implement the inter-regional interchange scheduling practice known as Tie Optimization as a compliance filing.

• To the extent tariff revisions are necessary to implement the adjustments to Coordinated Transaction Scheduling, the ISO will file such revisions with the Commission as a compliance filing in the Coordinated Transaction Scheduling docket.

More Definitions of Coordinated Transaction Scheduling

Coordinated Transaction Scheduling or “CTS” shall mean the scheduling of Coordinated External Transactions at a CTS Enabled Interface in accordance with the procedures of Section

Coordinated Transaction Scheduling or “CTS” means an external transaction scheduling process between the NYCA and NECA in which Market Participants’ bids, to buy energy in one region and sell in another region, is are economically and simultaneously cleared by ISO-NE and NYISO.

Coordinated Transaction Scheduling or “CTS” means an external transaction scheduling process between the NYCA and NECA in which Market Participants’ bids, to buy energy in one region and sell in another region, are economically and simultaneously cleared by ISO-NE and NYISO. This process takes place pursuant to market rules in the Parties’ respective tariffs that allow transactions to be scheduled over a CTS Enabled Interface based on a bidder’s willingness to purchase energy from the NYCA or NECA (the source) and sell it to the other Control Area

Coordinated Transaction Scheduling or “CTS” means an external transaction scheduling process between the NYCA and NECA in which Market Participants’ bid, to buy energy in one region and sell in another region, is economically and simultaneously cleared by ISO-NE and NYISO. This process takes place pursuant to market rules in the Parties’ respective tariffs that allow transactions to be scheduled over a CTS Enabled Interface based on a bidder’s willingness to purchase energy from the NYCA or NECA (the source) and sell it to the other Control Area (the sink) if the bid price is less than or equal to the expected LMP difference across the interface in the requested direction, as of the time the interface is scheduled.

Coordinated Transaction Scheduling or “CTS” shall mean the scheduling of Coordinated

Coordinated Transaction Scheduling or “CTS” shall mean the market rules that allow

Coordinated Transaction Scheduling or “CTS” shall mean the scheduling of Coordinated External Transactions at a CTS Enabled Interface in accordance with the procedures of Section 1.13 of Schedule 1 of this Agreement.