Market Monitoring Unit definition

Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that are assigned to it in Attachment O. The Market Monitoring Unit shall recommend Tariff and market rule changes, but shall not participate in the administration of the ISO’s Tariffs, except as specifically authorized in Attachment O.

Market Monitoring Unit or “MMU” means the independent Market Monitoring Unit defined in 18 CFR § 35.28(a)(7) and established under the PJM Market Monitoring Plan (Attachment M) to the PJM Tariff that is responsible for implementing the Market Monitoring Plan, including the Market Monitor. The Market Monitoring Unit may also be referred to as the IMM or Independent Market Monitor for PJM Market Monitoring Unit Advisory Committee or MMU Advisory Committee: “Market Monitoring Unit Advisory Committee” or “MMU Advisory Committee” shall mean the committee established under Tariff, Attachment M, section III.H.

Market Monitoring Unit or “MMU” means the organization that is responsible for implementing this Plan, including the Market Monitor.

Examples of Market Monitoring Unit in a sentence

• In the Complaint, the Market Monitor requested that the Commission rely on the plain language of Section IV.G of Attachment M to the OATT (“Section IV.G”) to protect its ability to participate in Liaison Committee meetings:The Market Monitoring Unit may, as it deems appropriate or necessary to perform its functions under this Plan, participate (consistent with the rules applicable to all PJM stakeholders) in stakeholder working groups, committees or other PJM stakeholder processes.

• A Commission-approved inde- pendent system operator or regional transmission organization may not alter the reports generated by the Mar- ket Monitoring Unit, or dictate the conclusions reached by the Market Monitoring Unit.

• The Market Monitoring Unit must report to the Commission-ap- proved independent system operator’s or regional transmission organization’s board of directors, with its manage- ment members removed, or to an inde- pendent committee of the Commission- approved independent system opera- tor’s or regional transmission organi- zation’s board of directors.

• Each Commission-approved inde- pendent system operator or regional transmission organization must con- solidate the core Market Monitoring Unit provisions into one section of its tariff.

• The Market Monitoring Unit and its employees must have no material affiliation with any market participant or affiliate.

More Definitions of Market Monitoring Unit

Market Monitoring Unit or “MMU” means the independent Market Monitoring Unit defined in 18 CFR § 35.28(a)(7) and established under the PJM Market Monitoring Plan (Attachment M) to the PJM Tariff that is responsible for implementing the Market Monitoring Plan, including the Market Monitor. The Market Monitoring Unit may also be referred to as the IMM or Independent Market Monitor for PJM

Market Monitoring Unit means the person or entity responsible for car- rying out the market monitoring func- tions that the Commission has ordered Commission-approved independent sys- tem operators and regional trans- mission organizations to perform.

Market Monitoring Unit or “MMU” has the meaning set forth in Section 30.2 of the Services Tariff.

Market Monitoring Unit. (“MMU”) shall mean the group within SPP that is generally responsible, in consultation with the IMM, for implementing SPP’s Market Monitoring Plan.

Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that

Market Monitoring Unit means the organization within PJM that is responsible for implementing this Plan.

Market Monitoring Unit means the person or entity responsible for car- rying out the market monitoringfunctions that the Commis- sion has ordered Commission-approved