Security Constrained Economic Dispatch definition

Security Constrained Economic Dispatch. “(SCED)” means the determination of desirable generation resource output levels using energy offer curves while considering state estimator (SE) output for load at transmission-level electrical buses, generation resource limits, and transmission limits to provide the least offer-based cost dispatch of the ERCOT System.
View Source
Security Constrained Economic Dispatch or “SCED” means the allocation of system demand to individual generation facilities to effect the most economical production of electricity for optimum system economy, security and reliability with due consideration to variable generation and operation costs, incremental network losses, load flow and other operational considerations as may be determined by the system operator at the time of performing system operations, subject to subsequent review and due diligence, if any required, by the Authority or any other party as the Authority may appoint for the said purpose;
View Source

Examples of Security Constrained Economic Dispatch in a sentence

  • CTS transactions are ordinarily evaluated on a 15-minute basis consistent with forecasted real-time prices from NYISO’s Real-Time Commitment run and the forecasted price information from PJM’s Intermediate Term Security Constrained Economic Dispatch solution.

  • CTS transactions are ordinarily evaluated on a 15-minute basis consistent with forecasted real-time prices from ▇▇▇▇▇’s Real-Time Commitment run and the forecasted price information from PJM’s Intermediate Term Security Constrained Economic Dispatch solution.

  • The resulting Day-Ahead Schedule shall achieve Security Constrained Economic Dispatch for the Parties.

  • Within the constraints of the applicable monthly hydroelectric energy production plan, the Central Scheduling Service shall adjust the daily hydroelectric energy production plan to achieve Security Constrained Economic Dispatch.

  • All such plans shall be consistent with the energy generated or available to be generated by hydroelectric Generation Resources shall be used to achieve Security Constrained Economic Dispatch.

  • The CAISO shall modify its Security Constrained Economic Dispatch optimization in the Real-Time Unit Commitment and Real-Time Dispatch to take into account greenhouse gas bid adders in selecting energy produced by EIM Participating Resources outside California for import into California but not when selecting EIM Participating Resources to serve load outside of California.

  • The CAISO shall modify its Security Constrained Economic Dispatch optimization in the Real-Time Unit Commitment and Real-Time Dispatch to take into account greenhouse gasCalifornia bid adders in selecting energy produced by EIM Participating Resources outside California for import into California but not when selecting EIM Participating Resources to serve load outside of California.

  • Parties that are owners or purchasers of existing Variable Generation Resources that required dedicated regulation resources as determined through an Operating Committee approved study may use their Generation Resources for capacity reservation and regulation for these existing Variable Generation Resource, as listed in Exhibit D, without cost or penalty by other Parties to achieve a Security Constrained Economic Dispatch.

  • PJM will utilize its Day-ahead Security Constrained Economic Dispatch (DA SCED) to establish firm flow limits.] Generator real power output of, and management thereof, for the Facility is considered within the PJM Balancing Authority Area for all purposes of application, implementation, and execution of NERC Reliability Standards requirements for the duration of this Agreement.

  • A Market-Based Operating Entity must use either the day-ahead unit commitment and its associated Security Constrained Economic Dispatch, or a Market-Based Operating Entity's GTL and unused Firm Transmission Service impacts, up to the Flowgate Limit, on the Coordinated Flowgate.