Redispatch definition
Examples of Redispatch in a sentence
Each RTO will independently calculate its Market Flow for all M2M Redispatch Flowgates and Other Coordinated Flowgates using the equations set forth in this Section.
The Notice must include an explanation of the reason(s) why the agreement to the M2M Redispatch Flowgate was withdrawn.
The goal of redispatch coordination at M2M Redispatch Flowgates and Other Coordinated Flowgates is to utilize the more cost effective generation between the two markets to manage the congestion in accordance with Section 7.1 of the attached Market-to-Market Coordination Schedule.
Under this approach, the flow entitlements on the M2M Redispatch Flowgates do not impact the physical dispatch; the flow entitlements are used in market settlements to ensure appropriate compensation based on comparison of the actual Market Flows to the flow entitlements.
For potential M2M Redispatch Flowgates that pass the above GLDF criteria, the Parties must still mutually agree to add each Flowgate for NY-NJ PAR and redispatch coordination.
Redispatch charges shall be in accordance with Section 33.3 of the Tariff.
Each Party shall calculate a M2M Entitlement on each M2M Redispatch Flowgate and compare the results at least once a year on a mutually agreed upon schedule.
The M2M Entitlement calculation shall use both RTOs’ static topological models to determine the Non-Monitoring RTO’s mutually agreed upon share of a M2M Redispatch Flowgate’s total capacity based on historic dispatch patterns.
Redispatch coordination for Other Coordinated Flowgates is not subject to redispatch settlement under Section 8.2 of this Schedule D.
For each M2M Redispatch Flowgate compute the real-time redispatch settlement for each interval as specified below.