Day-ahead Scheduling Reserves Market definition

Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.
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Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Section
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Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the
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Examples of Day-ahead Scheduling Reserves Market in a sentence

  • Day-ahead Scheduling Reserves Resources that clear in the Day-ahead Scheduling Reserves Market shall receive a Day-ahead Scheduling Reserves schedule from the Office of the Interconnection for the relevant Operating Day.

  • Market Sellers providing Day-ahead Scheduling Reserves Resources shall submit in the Day-ahead Scheduling Reserves Market: 1) a price offer in dollars per megawatt hour; and 2) such other information specified by the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).

  • A Day-ahead Scheduling Reserves Resource that receives a Day-ahead Scheduling Reserves schedule pursuant to subsection (a) of this section shall be paid the hourly Day-ahead Scheduling Reserves Market clearing price for the MW obligation in each hour of the schedule, subject to meeting the requirements of subsection (c) of this section.

  • Day-ahead Scheduling Reserves Resources that clearin the Day-ahead Scheduling Reserves Market shall receive a Day-ahead Scheduling Reserves schedule from the Office of the Interconnection for the relevant Operating Day.

  • The Office of the Interconnection shall satisfy the Day-ahead Scheduling Reserves Requirement by procuring Day-ahead Scheduling Reserves in the Day-ahead Scheduling Reserves Market from Day-ahead Scheduling Reserves Resources, provided that Demand Resources shall be limited to providing the lesser of any limit established by the Reliability First Corporation or SERC, as applicable, or twenty-five percent of the total Day- ahead Scheduling Reserves Requirement.

  • During a Market Suspension in accordance with Operating Agreement, Schedule 1, section 1.10.8(d), the Day-ahead Scheduling Reserves Market clearing price shall be set to zero dollars per megawatt-hour for the hours corresponding to this suspension interval.

  • Market Sellers that wish to make Day-ahead Scheduling Reserves Resources available to sell Day-ahead Scheduling Reserves shall submit offers in the Day-ahead Scheduling Reserves Market specifying: 1) the price of the offer in dollars per magawatt hour; and 2) such other information specified by Issued By: Craig Glazer Effective: May 30, 2008 the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).

  • Market Sellers that wish to make Day-ahead Scheduling Reserves Resources available to sell Day-ahead Scheduling Reserves shall submit offers, each of which must equal or exceed 0.5 megawatts, in the Day-ahead Scheduling Reserves Market specifying: 1) the price of the offer in dollars per megawatt hour; and 2) such other information specified by the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).

  • Market Sellers that wish to make Day-ahead Scheduling Reserves Resources available to sell Day-ahead Scheduling Reserves shall submit offers, each of which must equal or exceed0.5 0.1 megawatts, in the Day-ahead Scheduling Reserves Market specifying: 1) the price of the offer in dollars per megawatt hour; and 2) such other information specified by the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).

  • Market Sellers providing Day-ahead Scheduling Reserves Resources shall submit in the Day-ahead Scheduling Reserves Market: 1) a price offer in dollars per megawatt hour; and 2)such other information specified by the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).


More Definitions of Day-ahead Scheduling Reserves Market

Day-ahead Scheduling Reserves Market means the schedule of commitments for the
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Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10, and the parallel provisions of Tariff, Attachment K-Appendix.
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Related to Day-ahead Scheduling Reserves Market

  • Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the ReliabilityFirst Corporation and SERC.

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Implementation Date means the date, occurring after the Approval Date, on which the Merger is implemented by the Merging Parties;

  • CAISO Tariff means the California Independent System Operator Corporation Agreement and Tariff, Business Practice Manuals (BPMs), and Operating Procedures, including the rules, protocols, procedures and standards attached thereto, as the same may be amended or modified from time-to-time and approved by FERC.

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.