Regulation Down definition
Examples of Regulation Down in a sentence
The resulting number shall be recorded as the test Ramp Down Rate and must match the Regulation Down Ramp Rate (MW/min) set forth in Appendix 9: OPERATING LIMITS.
Energy from dispatched ancillary services is treated in the following manner, which is intended to mirror the ISO’s treatment of such Energy: (a) Energy from dispatched Spin, Non-Spin, or Replacement Reserves is treated as ISO instructed Energy (see below); (b) Energy from dispatched Regulation UP or Regulation Down is treated as Uninstructed Supply Deviations (see below).
The Least Cost Spin, Least Cost Regulation Up and Least Cost Regulation Down carried on a Party’s available Generation Resources shall be dedicated first to meet that Party’s Reliability Obligations.
A Party that produces less Spin, Regulation Up or Regulation Down than necessary to satisfy its Reliability Obligations is a buyer of that Energy Service.
These reports shall include the quantities of Energy, Spin, Regulation Up and Regulation Down, and the Production Cost compensation paid by each Party for all relevant Transactions.
Each Monthly Report shall provide hourly totals for: (a) all Transactions during such month for which such Party was a seller of Energy, Spin, Regulation Up or Regulation Down; (b) all Transactions during such month for which such Party was a buyer of Energy, Spin, Regulation Up or Regulation Down; (c) all Transactions with Economy Energy Buyers; (d) total cost of all Transactions during such a month.
The ISO also proposes to add the word “the” before “CAISO.” The ISO is also proposing to remove language related to rescission payments for Regulation Up and Regulation Down Capacity as the ISO does not calculate rescission payments for Regulation Up or Regulation Down on the T+3B Settlement Statements.
T+3B * * * * (f) The CAISO will not estimate Unaccounted For Energy under Section 11.5.3, the rescission of payments for Regulation Up and Regulation Down Capacity under Section 8.10.8.6, Real-Time Imbalance Energy Offset adjustment under Section 11.5.4.1(c), allocation of RTM Bid Cost Up-lift adjustment under Section 11.8.6.3.2(vi), or MSS deviation payments under 11.7.1 for purposes of calculating Initial Settlement Statement T+3B.
As further adjusted by No Pay and Noncompliance, i.e., CT 141-No Pay Charge Spinning Reserve; 142-No Pay Charge-Non-Spinning Reserve; 144-No Pay Charge-Replacement Reserve; 145-Non Compliance Charge for Regulation Up; 146-Non Compliance Charge for Regulation Down; 1030-No Pay Provision Market Refund.
Each Scheduling Coordinator may choose to self-provide all, or a portion, of its Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve obligations in the IFM, and, to the extent needed to satisfy the CAISO’s additional requirement, the Real-Time Market, from resources eligible for self-provision, as may be permissible for any given Ancillary Service in these respective markets.