Market Flows definition

Market Flows means the calculated energy flows on a specified Flowgate as a result of dispatch of generating resources serving load within an RTO’s market.
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Market Flows means the calculated energy flows on a specified Flowgate as a result of dispatch of generating resources within a Market Based Operating Entity’s market (excluding tagged transactions).
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Market Flows means the calculated energy flows on a specified Flowgate as a result of dispatch of generating resources within a Market
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Examples of Market Flows in a sentence

  • Under this approach, the flow entitlements on the M2M Redispatch Flowgates do not impact the physical dispatch; the flow entitlements are used in market settlements to ensure appropriate compensation based on comparison of the actual Market Flows to the flow entitlements.

  • Eighty percent of the RECo load shall be excluded from the calculation of Market Flows and M2M Entitlements, and shall instead be reflected as a PJM obligation over the Ramapo PARs in accordance with Sections 7.2.1 and 8.3 of this Schedule D.

  • Once the Reference Year Market Flows have been calculated for each interval to determine the integrated hourly Market Flow for each hour of the relevant three year period agreed to by the Parties, the new M2M Entitlement will be determined for a representative week in each M2M Entitlement Period using the method established in Section 6.1 above.

  • When new or upgraded Transmission Facility or Transmission Facility retirement adjustments are necessary, the new Reference Year Market Flows will be used to determine the New Year and Transmission Adjusted Market Flows based on the rules set forth above.

  • When no new or upgraded Transmission Facility or Transmission Facility retirement adjustments need to be applied, the new Reference Year Market Flows are the basis for the new M2M Entitlements.

  • Under this approach, the flow entitlements on the M2M Flowgates do not impact the physical dispatch; the flow entitlements are used in market settlements to ensure appropriate compensation based on comparison of the actual Market Flows to the flow entitlements.

  • If the comparison indicates that New Year Market Flows have increased or decreased relative to the Reference Year Market Flows, apply the formulas below to determine new Transmission Adjusted Market Flows.

  • Third, compare the New Year Market Flows to the Reference Year Market Flows, in net across all M2M Flowgates (after adding new or upgraded Transmission Facilities and/or removing retired Transmission Facilities), to determine whether the New Year Market Flows have increased or decreased relative to the Reference Year Market Flows.

  • First, determine the reference set of Market Flows, called Reference Year Market Flows, for all M2M Flowgates using a static transmission model before adding any new or upgraded Transmission Facilities, or removing retired Transmission Facilities.

  • Reflect the new/upgraded/retired facilities, grouped by building RTO, in the reference year model to determine the new set of Market Flows called New Year Market Flows.


More Definitions of Market Flows

Market Flows means all flows through a flowgate resulting from a Market-Based Operating Entity’s dispatch subject to the control of either Party, except flows that are externally tagged.
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Related to Market Flows

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Retail margin means an amount, reflecting differences in

  • Financial Reporting Measures means measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and all other measures that are derived wholly or in part from such measures. Stock price and total shareholder return (and any measures that are derived wholly or in part from stock price or total shareholder return) shall, for purposes of this Policy, be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented in the Company’s financial statements or included in a filing with the SEC.