Physical Trades Inter Sample Clauses

Physical Trades Inter. SC Trades of Energy in the Day-Ahead Market will be settled separately from Inter-SC Trades of Energy in the RTM. Both the Day-Ahead and RTM Inter-SC Trades of Energy will be settled on an hourly basis and the two respective Settlement amounts between the two parties for each market shall net to zero. All MWh quantities of Physical Trades submitted to the CAISO for Settlement in the Day- Ahead Market that are confirmed through the Physical Trade post market confirmation as provided in Section 28.1.6.3 shall be settled at the Day-Ahead LMP at the relevant PNode. All MWh quantities of Physical Trades that are reduced during the Physical Trade post market confirmation shall be settled at the relevant Existing Zone (EZ) Generation Trading Hub price. All MWh quantities of Physical Trades submitted to the CAISO for Settlement in the RTM that are confirmed through the Physical Trade post market confirmation pursuant to This amendment proposes to correct a tariff section cross-reference that was typographically transposed. Section Proposed Revisions Reason for Change Section 28.16.61.3 shall be settled at the simple average of the four FMM LMPs at the relevant Pricing Node. All MWh quantities of Physical Trades submitted for Settlement in RTM that are reduced during the Physical Trade post market confirmation shall be settled at the FMM price for the EZ Generation Trading Hub. 11.10.1.2.1 11.10.1 Settlements for Contracted Ancillary Services * * * * 11. 10.1.2.1 Congestion Charges If a Scheduling Coordinator, including a Scheduling Coordinator for a Pseudo-Tie of a Generating Unit to the CAISO Balancing Authority Area, receives an Ancillary Services Award or provides a qualified Self- Provided Ancillary Service at a congested Scheduling Point, the CAISO will charge or pay the Scheduling Coordinator for Congestion. The charge or payment for Congestion at such locations is equal to the simple average of the fifteen (15) minute applicable intertie constraint Shadow Price over the applicable Trading Hour at the location of the Ancillary Service Award, multiplied by the quantity of Ancillary Services Award or the capacity of the qualified Self-Provided Ancillary Service for the Settlement Period. No such charge or payment for Congestion will apply when the Scheduling Coordinator provides Ancillary Services from HASP Block Intertie Schedules at Scheduling Points pursuant to the CAISO Tariff rules that apply to Existing Rights and Transmission Ownership Rights. This amen...
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Related to Physical Trades Inter

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