Examples of Market Seller Offer Cap in a sentence
If such conditions are met, such Sell Offer shall be set equal to the Market Seller Offer Cap.
If the Market Monitoring Unit does not provide its determination to the Capacity Market Seller and the Office of the Interconnection by the specified deadline, by no later than sixty-five (65) days prior to the commencement of the offer period for the applicable RPM Auction the Office of the Interconnection will make the determination of the level of the Market Seller Offer Cap, which shall be deemed to be final.
The Market Monitoring Unit must attempt to reach agreement with the Capacity Market Seller on the appropriate level of the Market Seller Offer Cap by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction.
The Office of the Interconnection shall review the data submitted by the Capacity Market Seller, make a determination whether to accept or reject the requested unit-specific Market Seller Offer Cap, and notify the Capacity Market Seller and the Market Monitoring Unit of its determination in writing, by no later than sixty-five (65) days prior to the commencement of the offer period for the applicable RPM Auction.
If such agreement cannot be reached, then the Market Monitoring Unit shall inform the Capacity Market Seller and the Office of the Interconnection of its determination of the appropriate level of the Market Seller Offer Cap by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction, and the Market Monitoring Unit may pursue any action available to it under Attachment M.
The Capacity Market Seller shall notify the Market Monitoring Unit in writing, with a copy to the Office of the Interconnection, whether an agreement with the Market Monitoring Unit has been reached or, if no agreement has been reached, specifying the level of Market Seller Offer Cap to which it commits by no later than eighty (80) days prior to the commencement of the offer period for the applicable RPM Auction.
The Capacity Market Seller must promptly address any concerns identified by the Market Monitoring Unit regarding the data and documentation provided, review the Market Seller Offer Cap proposed by the Market Monitoring Unit, and attempt to reach agreement with the Market Monitoring Unit on the level of the Market Seller Offer Cap by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction.
Based on the data and calculations submitted by the Capacity Market Sellers for each Existing Generation Capacity Resource and the formulas specified in Section 6.7(d) of Attachment DD, the Market Monitoring Unit shall calculate the Market Seller Offer Cap for each such resource and provide it to the Capacity Market Seller and the Office of the Interconnection by no later than ninety (90) days before the commencement of the offer period for the applicable RPM Auction.
In order for costs to qualify for inclusion in the Market Seller Offer Cap, the Capacity Market Seller must provide to the Market Monitoring Unit and the Office of the Interconnection relevant unit-specific cost data concerning each data item specified as set forth in section 6 by no later than one hundred twenty (120) days prior to the commencement of the offer period for the applicable RPM Auction.
For each Existing Generation Capacity Resource, a potential Capacity Market Seller must provide to the Market Monitoring Unit and the Office of the Interconnection data and documentation required under section 6.7 below to establish the level of the Market Seller Offer Cap applicable to each resource by no later than one hundred twenty (120) days prior to the commencement of the offer period for the applicable RPM Auction.