Financial Transmission Right Obligation definition

Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(b), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(b).
Sample 1Sample 2Sample 3
Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(b), and the parallel provisions of Tariff, Attachment K-Appendix. Financial Transmission Right Option:
Sample 1Sample 2Sample 3
Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Section 5.2.2(b) of this Schedule.
Sample 1Sample 2Sample 3

Examples of Financial Transmission Right Obligation in a sentence

  • When the FTR Target Allocation is negative, the FTR Target Allocation is a debit to the FTR holder if the FTR is a Financial Transmission Right Obligation.


More Definitions of Financial Transmission Right Obligation

Financial Transmission Right Obligation means a right entitling its holder to receive financial remuneration or obliging its holder to provide financial remuneration based on the day-ahead allocation results between two Bidding Zones during a specified period of time in a specific direction;
Sample 1Sample 2Sample 3
Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(b), and the
Sample 1Sample 2Sample 3
Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, sSection 5.2.2(b), and the parallel provisions of Tariff, Attachment K-Appendix of this Schedule.
Sample 1
Financial Transmission Right Obligation means a right entitling its holder to receive or obliging its holder to pay a financial remuneration based on the day-ahead market results between two bidding zones during a specified time period in a specific direction;
Sample 1Sample 2

Related to Financial Transmission Right Obligation

  • Financial Transmission Right or “FTR” shall mean a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2 and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2.

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Capacity Transmission Injection Rights means the rights to schedule energy and capacity deliveries at a Point of Interconnection of a Merchant Transmission Facility with the Transmission System. Capacity Transmission Injection Rights may be awarded only to a Merchant D.C. Transmission Facility and/or Controllable A.C. Merchant Transmission Facilities that connects the Transmission System to another control area. Deliveries scheduled using Capacity Transmission Injection Rights have rights similar to those under Firm Point-to-Point Transmission Service or, if coupled with a generating unit external to the PJM Region that satisfies all applicable criteria specified in the PJM Manuals, similar to Capacity Interconnection Rights.

  • Central Transmission Utility means the Government Company notified by the Central Government under Sub-Section (1) of Section 38 of the Electricity Act, 2003.

  • Energy Transmission Injection Rights means the rights to schedule energy deliveries at a specified point on the Transmission System. Energy Transmission Injection Rights may be awarded only to a Merchant D.C. Transmission Facility that connects the Transmission System to another control area. Deliveries scheduled using Energy Transmission Injection Rights have rights similar to those under Non-Firm Point-to-Point Transmission Service.

  • CTU or Central Transmission Utility means the Central Transmission Utility as defined in Sub-Section (10) of section (2) of the EA-2003.

  • Financial Instrument Obligations means obligations arising under:

  • Money transmission means any of the following:

  • Credit Agreement Obligations means the “Obligations” as defined in the Credit Agreement.

  • Financial Transaction means purchase, redemption, exchange or any other transaction involving the movement of Shares initiated by an End-User.

  • Transmission line means any single or multiphase electric power line operating at nominal voltages at or in excess of either 69,000 volts between ungrounded conductors or 40,000 volts between grounded and ungrounded conductors, regardless of the functional service provided by the line.

  • State Transmission Utility or “STU” shall mean the Board or the Government company notified by the respective State Government under Sub-section (1) of Section 39 of the Act;

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Transmission links are the means used for inter-connecting distributed units for the purpose of conveying signals, operating data or an energy supply. This equipment is generally electrical but may, in some part, be mechanical, pneumatic or hydraulic.