Physical Trade definition

Physical Trade has the meaning set forth in the CAISO Tariff.
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Physical Trade has the meaning set forth in the CAISO Tariff. “PIRP” (i.e., Participating Intermittent Resource Program) means the CAISO’s intermittent resource program initially established pursuant to Amendment No. 42 of the CAISO Tariff in Docket No. ER02-922-000, or any successor program that Xxxxx determines accomplishes a similar purpose.
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Physical Trade means an Inter-SC Trade of Energy at an individual generating unit’s pricing node or at the unique aggregated pricing node of a physical scheduling plant that is submitted to the ISO for settlement through the ISO market and is subject to physical validation.
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Examples of Physical Trade in a sentence

  • All MWh quantities of Physical Trades that are reduced during the Physical Trade post market confirmation shall be settled at the relevant Existing Zone (EZ) Generation Trading Hub price.

  • All MWh quantities of Physical Trades submitted for Settlement in RTM that are reduced during the Physical Trade post market confirmation shall be settled at the FMM price for the EZ Generation Trading Hub.

  • All MWh quantities of Physical Trades submitted to the CAISO for Settlement in the Day-Ahead Market that are confirmed through the Physical Trade post market confirmation as provided in Section28.1.6.3 shall be settled at the Day-Ahead LMP at the relevant PNode.

  • The CAISO’s Physical Trade validation procedures begin upon initial submission of a Physical Trade to the CAISO.

  • If a Physical Trade is not adequately physically supported, the quantities in the Physical Trades of that Scheduling Coordinator and its downstream trading counter-parties are reduced on a pro-rata basis until those Physical Trades are valid.

  • The CAISO’s validation procedures for Physical Trades include three components: (1) Physical Trade submittal screening, (2) Physical Trade pre-market validation, and (3) Physical Trade post-market confirmation.

  • Physical Trades can occur at any individual Generating Unit’s PNode or a Physical Scheduling Plant’s Aggregated Pricing Node provided the Physical Trade satisfies the CAISO’s Physical Trades validation procedures described herein.

  • The first stage of that process, Physical Trade submittal screening, validates that the submitted Physical Trade does not exceed the PMax of the identified Generating Unit or Physical Scheduling Plant.

  • Once that concatenation is complete, the CAISO will determine whether the concatenated Physical Trades are physically supported by either another Inter-SC Trade of Energy at that same location or the Bid submitted in the relevant CAISO Market on behalf of the resource for that Physical Trade, individually and in the aggregate.

  • The CAISO does not perform any Settlement on Physical Trade quantities (MWh) that are curtailed during Physical Trade pre-market validation.

Related to Physical Trade

  • Physical abuse means any physical injury, mental injury, or threatened injury, inflicted by a person responsible for the child’s care other than by accidental means; or any physical or mental injury that cannot reasonably be explained by the child’s history of injuries or any aversive or deprivation procedures, or regulated interventions, that have not been authorized by Minn. Stat. § 125A.0942 or § 245.825.

  • Physical Safeguards are physical measures, policies, and procedures to protect CONTRACTOR’s electronic information systems and related buildings and equipment, from natural and environmental hazards, and unauthorized intrusion.

  • Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.

  • special nuclear material shall have the meaning given it in the Atomic Energy Act of 1954 or by any law amendatory thereof.