Examples of Incremental Energy in a sentence
Other costs that were Bid, but that were not included in the cost-based Incremental Energy or Minimum Generation reference levels that the ISO used to perform the cost comparison described in Section 23.7.2 above, are eligible for recovery through a Bid Production Cost Guarantee payment in accordance with Section 18 of the ISO Services Tariff if the Market Party demonstrates that they were incurred in an after-the-fact review.
The Bid spread is determined by subtracting the least Incremental Energy Bid price from the greatest Incremental Energy Bid price.
Hourly Threshold (applies to both the Day-Ahead and Real-Time Markets)—the Incremental Energy Bid spread is compared to the Incremental Energy reference level spread for the same market hour.
This value is compared to the reference level spread, which is determined by subtracting the Incremental Energy reference level price that corresponds to the least Incremental Energy Bid price from the Incremental Energy reference level price that corresponds to the greatest Incremental Energy Bid price.
The ISO shall run the SCUC utilizing the computed Transfer Capabilities, submitted Firm Point-to-Point Transmission Service requests, Load forecasts, and submitted Incremental Energy Bids, Decremental Bids and Sink Price Cap Bids.The schedule will include commitment of sufficient Generators and/or Demand Side Resources to provide for the safe and reliable operation of the NYS Power System.
Permitting Incremental Energy Bids submitted in the real-time market to exceed the Incremental Energy Bids submitted in the Day-Ahead Market or the mitigated Day-Ahead Incremental Energy Bids where appropriate, for portions of Generators’ Capacity that were scheduled in the Day-Ahead Market substantially impairs the ability of the ISO to maintain the reliability of the electric system.
If the ISO requests additional information about an Incremental Energy Bid or Minimum Generation Bid that exceed $1,000/MWh or about information supporting such a Bid or supporting a proposed change to the associated reference level, the Market Party shall respond promptly to the ISO’s request.
Submission of inaccurate cost information to the ISO in support of Incremental Energy or Minimum Generation Bids that exceed $1,000/MWh. A Market Party that submits inaccurate cost information to the ISO for a Generator or Demand Side Resource that causes a market clearing price impact or a guarantee payment impact shall be subject to financial penalties in accordance with Section 23.4.3 of these Mitigation Measures.
These rules apply to Day-Ahead and real-time Incremental Energy Bids and Minimum Generation Bids submitted for NYCA Resources that exceed $1,000/MWh. The rules in Section 23.7 apply in addition to, not in lieu of, any other market power mitigation measure, requirement, obligation, penalty or sanction set forth in the ISO’s Tariffs.
If the cost-based reference level the ISO uses to perform the comparison is greater than $1,000/MWh but not more than $2,000/MWh, then the ISO shall use the Incremental Energy Bids and Minimum Generation Bids that are less than or equal to that cost-based reference level in its Day-Ahead Market or Real-Time Market (as appropriate).