Resource Node definition
Resource Node means either a logical construct that creates a virtual pricing point required to model a Combined-Cycle Configuration or an Electrical Bus defined in the Network Operations Model, at which a Generation Resource's Settlement Point Price or WSL's Settlement Point Price is calculated and used in Settlement. All Resource Nodes shall be identified in accordance with the document titled "Procedure for Identifying Resource Nodes," which shall be approved by the appropriate TAC subcommittee and posted to the MIS Public Area. For a Generation Resource that is connected to the ERCOT Transmission Grid only by one or more radial transmission lines that all originate at the Generation Resource and terminate in a single substation switchyard, the Resource Node is an Electrical Bus in that substation. For all other Generation Resources, the Resource Node is the Generation Resource's side of the Electrical Bus at which the Generation Resource is connected to the ERCOT Transmission Grid.
Examples of Resource Node in a sentence
The applicable SPP shall be the generator SPP at the applicable Resource Node.