Examples of FTR Holder in a sentence
FTR Holder is an entity that acquires an FTR through the FTR Auction to Section III.7 of Market Rule 1 and registers with the ISO as the holder of the FTR in accordance with Section III.7 of Market Rule 1 and applicable ISO New England Manuals.
Nothing in this section shall preclude the Market Monitoring Unit from action to recover inappropriate benefits from the subject activity if the amount forfeited is less than the benefit derived by the Effective FTR Holder.
When the FTR Target Allocation is positive, the FTR Target Allocation is a credit to the FTR Holder.
A Target Allocation of Transmission Congestion Credits for each FTR Holder shall be determined for each Financial Transmission Right.
The hourly economic value of a Financial Transmission Right Obligation is positive (a benefit to the FTR Holder) when the Day-ahead Congestion Price at the point of delivery is higher than the Day-ahead Congestion Price at the point of receipt.
This is published via the usual means of communication within three workdays after the building has been re-opened.
The hourly economic value of a Financial Transmission Right Option is positive (a benefit to the FTR Holder) when the Day-ahead Congestion Price at the point of delivery is higher than the Day-ahead Congestion Price at the point of receipt.
A negative FTR Target Allocation requires the FTR Holder to pay that amount.
An Effective FTR Holder objecting to the application of this rule shall have recourse to the Commission for review of the application of the FTR forfeiture rule to its trading activity.
The total FTR Target Allocation in an hour for each FTR Holder is the sum of the FTR Target Allocations for all FTRs that it holds.