ISO-NE Sample Clauses
The ISO-NE clause defines the role and responsibilities of the Independent System Operator of New England (ISO-NE) within the context of the agreement. It typically specifies that ISO-NE is the entity responsible for overseeing the operation of the regional electricity grid, managing wholesale electricity markets, and ensuring system reliability in New England. This clause may outline how parties must comply with ISO-NE rules, procedures, and market requirements, and may reference obligations such as scheduling, dispatch, or settlement processes. Its core function is to ensure that all parties recognize and adhere to the operational and regulatory framework established by ISO-NE, thereby promoting reliability and regulatory compliance in electricity transactions.
ISO-NE. The New England Independent System Operator, or such successor or other entity which oversees the integrated dispatch of power plants in New England and the bulk transmission of electricity throughout the New England power grid.
ISO-NE. Customer and Supplier agree to execute all contracts required by ISO-NE in order to transfer settlement credits and obligations to implement the terms of this Agreement. The Parties shall in good faith use all reasonable efforts to resolve any issues and prepare all contracts required by ISO-NE to accomplish the objectives of, and implement the Parties’ respective rights and obligations under, this Agreement. The Customer shall operate and maintain the Facility in accordance with Good Utility Practices and in a manner which does not discriminate against deliveries of Energy by Supplier.
ISO-NE. The Independent System Operator of New England provided ------ for in the NEPOOL Agreement, or its successor.