Examples of Monthly Balance in a sentence
The weighted-average buy-bid FTR price in the Monthly Balance of Planning Period FTR Auctions for the first four months of the 2012 to 2013 planning period was $0.11, down from $0.13 per MW in the first four months of the 2011 to 2012 planning period.
Table 12-16 lists ARR target allocations and net revenue sources from the Annual and Monthly Balance of Planning Period FTR Auctions for the 2011 to 2012 and the 2012 to 2013 (through September 30, 2012) planning periods.
Table 12-7 shows the weighted-average cleared buy-bid price in the Monthly Balance of Planning Period FTR Auctions by bidding period for January 2012 through September 2012.
The total cleared FTR buy bids from the Monthly Balance of Planning Period FTR Auctions for the first four months of the 2012 to 2013 planning period decreased by 15.2 percent from 1,067,015 MW to 904,797 MW compared to the first four months of the 2011 to 2012 planning period.
In addition PJM conducts Monthly Balance of Planning Period FTR Auctions for the remaining months of the planning period, which allows participants to buy and sell residual transmission capability.
The residual capability of the PJM transmission system after the Long Term and Annual FTR Auctions are concluded is offered in the Monthly Balance of Planning Period FTR Auctions.
Any PJM member can participate in the Long Term FTR Auction, the Annual FTR Auction and the Monthly Balance of Planning Period FTR Auctions.
If the combined net revenues from the Long Term, Annual and Monthly Balance of Planning Period FTR Auctions are greater than the sum of all ARR target allocations, ARRs are fully funded.
Financial entities owned 61.6 percent of all prevailing and counter flow FTRs, including 53.3 percent of all prevailing flow FTRs and 79.9 percent of all counter flow FTRs. Table 12-2 presents the Monthly Balance of Planning Period FTR Auction market cleared FTRs for January through September 2012 by trade type, organization type and FTR direction.
For the Monthly Balance of Planning Period Auctions of January through September 2012, financial entities purchased 81.6 percent of prevailing flow and 86.6 percent of counter flow FTRs for 2012.