NY-NJ PARs Settlements Sample Clauses

NY-NJ PARs Settlements. Compute the real-time NY-NJ PARs settlement for each interval as specified below. When , When , Where: Measured real-time actual flow on each of the NY-NJ PARs for interval i. For purposes of this equation, a positive value indicates a flow from PJM to the NYISO; Calculated Target Value for the flow on each NY-NJ PAR as described in Section 7.2.1 above for interval i. For purposes of this equation, a positive value indicates a flow from PJM to the NYISO; PJM Impact, defined as the impact that the current NY-NJ PAR flow relative to target flow is having on PJM’s system congestion for interval i. For purposes of this equation, a positive value indicates that the PAR flow relative to target flow is reducing PJM’s system congestion, whereas a negative value indicates that the PAR flow relative to target flow is increasing PJM’s system congestion. NYISO Impact, defined as the impact that the current NY-NJ PAR flow relative to target flow is having on NYISO’s system congestion for interval i. For purposes of this equation, a positive value indicates that the PAR flow relative to target flow is reducing NYISO’s system congestion, whereas a negative value indicates that the PAR flow relative to the target flow is increasing NYISO’s system congestion system. Cost of congestion at each NY-NJ PAR for PJM, calculated in accordance with Section 7.2.2 above for interval i; Cost of congestion at each NY-NJ PAR for NYISO, calculated in accordance with Section 7.2.2 above for interval i, and M2M PAR Settlement across all NY-NJ PARs, defined as a payment from NYISO to PJM when the value is positive, and a payment from PJM to NYISO when the value is negative for interval i. number of seconds in interval i.
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NY-NJ PARs Settlements. Compute the real-time NY-NJ PARs settlement for each interval as specified below. When 𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥𝑖 > 𝑇𝑎𝑟𝑔𝑒𝑡𝑃𝐴𝑅𝑥 , 𝑖 𝑖
NY-NJ PARs Settlements. Compute the real-time NY-NJ PARs settlement for each interval as specified below. When > , = (($(,) × ( − )) , 0) × ⁄3600 When = ($(,) × ( − )) × ⁄3600 < , = ($(,) × ( − )) × ⁄3600 = (($(,) × ( − )) , 0) × ⁄3600 2 − = ( ( ∑ × ⁄3600 − ,0) − ( ∑ , 0 ) ) Where: = Measured real-time actual flow on each of the NY-NJ PARs for
NY-NJ PARs Settlements. Compute the real-time NY-NJ PARs settlement for each interval as specified below. When , When , Where: Measured real-time actual flow on each of the NY-NJ PARs for
NY-NJ PARs Settlements. Compute the real-time NY-NJ PARs settlement for each interval as specified below. ( ( ) ( )) / When 𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥𝑖 > 𝑇𝑎𝑟𝑔𝑒𝑡𝑃𝐴𝑅𝑥𝑖 , 𝑁𝑌𝐼𝑚𝑝𝑎𝑐𝑡𝑃𝐴𝑅𝑥𝑖 = 𝑀𝑎𝑥((𝐶𝑜𝑛𝑔𝑒𝑠𝑡𝑖𝑜𝑛$(𝑃𝐴𝑅𝑥,𝑁𝑌)𝑖 × (𝑇𝑎𝑟𝑔𝑒𝑡 𝑃𝐽𝑀𝐼𝑚𝑝𝑎𝑐𝑡𝑃𝐴𝑅𝑥𝑖 𝑃𝐴𝑅𝑥𝑖 − 𝐴𝑐𝑡𝑢𝑎𝑙 𝑃𝐴𝑅𝑥𝑖 )) , 0) × 𝑠𝑖/3600𝑠𝑒𝑐 When = (𝐶𝑜𝑛𝑔𝑒𝑠𝑡𝑖𝑜𝑛$(𝑃𝐴𝑅𝑥,𝑃𝐽𝑀)𝑖 × (𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥𝑖 − 𝑇𝑎𝑟𝑔𝑒𝑡𝑃𝐴𝑅𝑥𝑖)) × 𝑠𝑖/3600𝑠𝑒𝑐 𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥𝑖 < 𝑇𝑎𝑟𝑔𝑒𝑡𝑃𝐴𝑅𝑥𝑖 , 𝑁𝑌𝐼𝑚𝑝𝑎𝑐𝑡𝑃𝐴𝑅𝑥𝑖 𝑖 = (𝐶𝑜𝑛𝑔𝑒𝑠𝑡𝑖𝑜𝑛$(𝑃𝐴𝑅𝑥,𝑁𝑌)𝑖 × (𝑇𝑎𝑟𝑔𝑒𝑡𝑃𝐴𝑅𝑥𝑖 − 𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥 )) × 𝑠𝑖/3600𝑠𝑒𝑐 𝑃𝐽𝑀𝐼𝑚𝑝𝑎𝑐𝑡𝑃𝐴𝑅𝑥𝑖 𝑖 = 𝑀𝑎��((𝐶𝑜𝑛𝑔𝑒𝑠𝑡𝑖𝑜𝑛$(𝑃𝐴𝑅𝑥,𝑃𝐽𝑀) 𝑃𝐴𝑅𝑥𝑖 × (𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥𝑖 − 𝑇𝑎𝑟𝑔𝑒𝑡 )) , 0) × 𝑠𝑖/3600𝑠𝑒𝑐 𝑀2𝑀𝑃𝐴𝑅𝑆𝑒𝑡𝑡𝑙𝑒𝑚𝑒𝑛𝑡𝑖 𝐴𝑙𝑙 𝑁F−𝑁𝐽 𝑃𝐴𝑅𝑠 = (𝑀𝑖𝑛 ( � × 𝑠𝑖/3600𝑠𝑒𝑐 𝐴𝑙𝑙 𝑁F−𝑁𝐽 𝑃𝐴𝑅𝑠 𝑁𝑌𝐼𝑚𝑝𝑎𝑐𝑡𝑃𝐴𝑅𝑥𝑖 ,0) −𝑀𝑖𝑛 ( � 𝑃𝐽𝑀𝐼𝑚𝑝𝑎𝑐𝑡𝑃𝐴𝑅𝑥𝑖 , 0 ) ) Where: 𝐴𝑐𝑡𝑢𝑎𝑙𝑃𝐴𝑅𝑥𝑖 = Measured real-time actual flow on each of the NY-NJ PARs for

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