Examples of Real Time Energy in a sentence
Buyer shall have no obligation to pay for any Energy not transferred to Buyer in the Real Time Energy Market or for which Buyer is not credited in the ISO-NE Settlement Market System (including, without limitation, as a result of an outage on any electric transmission or distribution system).
If the SSR Unit receives revenue pursuant to Sections 39.3 Day-Ahead Energy and Operating Reserve Market and 40.3 Real Time Energy and Operating Reserve Market Settlement of the Tariff in hours other than those described above, the Transmission Provider will debit those revenues from the Market Participant.
The SSR Unit Energy, Operating Reserve, and Short-Term Reserve Credit are those charges and credits calculated pursuant to Sections 39.3 Day-Ahead Energy and Operating Reserve Market, 40.3 Real Time Energy and Operating Reserve Market Settlement and 40.7 Determination of Inadvertent Energy of the Tariff, plus any revenues from Schedule 2 associated with the SSR Unit or from Planning Resource designation and any charges assessed through Schedule 17 and Schedule 24.
All resources certified and capable of providing Regulation that have submitted Real Time Energy bids shall also submit applicable Regulation Bids.
In the Real- Time Energy Market only pool-scheduled resources that follow PJM’s dispatch instructions are eligible for balancing operating reserve credits.
Operating hours are the hours in the Day-Ahead Energy Market for which a Resource has cleared output (MW) greater than zero and hours in the Real- Time Energy Market for which a Resource has metered output (MW) greater than zero.
Balancing congestion charges and credits are based on load or generation deviations between the Day-Ahead and Real-Time Energy Markets and LMP in the Real- Time Energy Market.
Seller shall transfer Scheduled Energy to Buyer (i) in the Day Ahead Energy Market if the Scheduled Energy is offered by Seller and settled in the Day Ahead Energy Market and (ii) in the Real Time Energy Market if the Scheduled Energy is offered by Seller and settled in the Real Time Energy Market, in each case in accordance with all ISO-NE Practices and ISO-NE Rules.
In the event that the LMP for the Scheduled Energy at the Delivery Point in the Day Ahead Energy Market and/or the Real Time Energy Market, as applicable pursuant to Section 4.2(a), is less than $0.00 per MWh in any hour, Seller shall credit to Buyer, on the appropriate monthly invoice, an amount equal to the product of (y) such Scheduled Energy Delivered in such hour and (z) the absolute value of the hourly Day Ahead LMP or Real Time LMP at the Delivery Point, as applicable pursuant to Section 4.2(a).
The process for non-represented staff is detailed in the University Policy Register.