Examples of Regulation Down in a sentence
The IFM calculates hourly Day-Ahead Ancillary Service Awards and establishes Ancillary Service Marginal Prices (ASMPs) for the accepted Regulation Up, Regulation Down, Spinning Reserve and Non-Spinning Reserve Bids.
Bids for the Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve service in the Day-Ahead Market must be received by Market Close for the Day-Ahead Market.
For Regulation Down capacity, the lower portion of the resource capacity from its applicable Regulation Limit is allocated to Regulation regardless of its Energy Bid Curve.
Bids for Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve service for each Settlement Period must be received at least seventy-five minutes prior to the commencement of that Settlement Period.
When Scheduling Coordinators bid into the Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve markets, they may submit Bids for the same capacity into as many of these markets as desired at the same time by providing the appropriate Bid information to the CAISO.
Regulation Up and Regulation Down payments shall be calculated separately.
Regulation Up, Regulation Down, and Operating Reserves necessary to meet CAISO requirements not met by self-provision will be procured by the CAISO as described in this CAISO Tariff.
The CAISO will apply resource specific Mileage multipliers to Bid-in Regulation Up and Regulation Down capacity to determine the expected Mileage.
The CAISO shall determine a separate hourly user rate for Regulation Down Reserve, Regulation Up Reserve, Spinning Reserve, and Non-Spinning Reserve purchased for each Settlement Period.
The CAISO will use Mileage awards to determine a uniform clearing mileage price for Regulation Up and Regulation Down, but the Mileage quantity awards will not be financially binding.