Non-Monitoring RTO definition
Examples of Non-Monitoring RTO in a sentence
M2M Entitlements are the equivalent of financial rights for the Non-Monitoring RTO to use the Monitoring RTO’s transmission system within the confines of the M2M redispatch process.
If the data exchanged for the M2M redispatch process was relied on by the Non-Monitoring RTO’s dispatch to determine the shadow cost the Non-Monitoring RTO was dispatching to when providing relief at an M2M Flowgate, the data transmitted by the Monitoring RTO that was used to determine the Non-Monitoring RTO’s shadow cost shall not be modified except by mutual agreement prior to calculating M2M settlements.
For each of the M2M Entitlement Periods listed above the Non-Monitoring RTO will calculate its M2M Entitlement on each M2M Flowgate for each hour of each day of a week that will serve as the representative week for that M2M Entitlement Period.
To identify Flowgates the Parties will perform an off-line study to determine if there is a significant GLDF for at least one generator within the Non-Monitoring RTO, or significant PSF for at least one NY-NJ PAR, on a potential Flowgate within the Monitoring RTO that is greater than or equal to the thresholds as described below.
The Non-Monitoring RTO shall use the Market Flow data for all of the like day/hours, that occurred in that day of the week and hour in the M2M Entitlement Period, in each year contained within the three year period agreed to by the Parties to calculate the Non-Monitoring RTO’s average Market Flow on each M2M Flowgate.
In the equations below, the Non-Monitoring RTO is credited for or responsible for PAR_Impact resulting from the common PAR effect on the Monitoring RTO’s M2M Flowgates.
To identify M2M Flowgates the Parties will perform an off-line study to determine if the significant GLDF for at least one generator within the Non-Monitoring RTO, or significant PSF for at least one NY-NJ PAR, on a potential M2M Flowgate within the Monitoring RTO is greater than or equal to the thresholds as described below.
Monitoring RTO shall acknowledge receipt of the notification and one of the following shall occur: The Non-Monitoring RTO refuses to activate M2M: The Non-Monitoring RTO notifies the Monitoring RTO of the reason for refusal; and The M2M State is set to “Refused”; or The Non-Monitoring RTO agrees to activate M2M: Such an agreement shall be considered an initiation of the M2M redispatch process for operational and settlement purposes; and The M2M State is set to “Activated”.
The Non-Monitoring RTO will then be able to use the Monitoring RTO’s Shadow Price without limiting the Shadow Price to the maximum Shadow Price associated with a physical control action inside the Non-Monitoring RTO.
To identify M2M Flowgates the Parties will perform an off-line study to determine if the significant GLDF for at least one generator within the Non-Monitoring RTO, or significant PSF for at least one Ramapo PAR, on a potential M2M Flowgate within the Monitoring RTO is greater than or equal to the thresholds as described below.