Pool-Scheduled Resources Clause Samples
The Pool-Scheduled Resources clause defines the rules and requirements for resources that are scheduled and dispatched by a centralized pool operator, such as in an electricity market. It typically outlines how resources must submit their availability and operating parameters to the pool, and how the pool operator will use this information to determine dispatch instructions. This clause ensures that all participating resources are coordinated efficiently, helping to maintain system reliability and optimize the use of available generation assets.
Pool-Scheduled Resources. Pool-scheduled resources shall be governed by the following principles and procedures.
(a) Pool-scheduled resources shall be selected by the Office of the Interconnection on the basis of the prices offered for energy and related services, start-up, no-load and cancellation fees, and the specified operating characteristics, offered by Market Sellers to the Office of the Interconnection by the 12:00 noon offer deadline.
(b) A resource that is scheduled by a Market Participant to support a bilateral sale, or that is self-scheduled by a Generating Market Buyer, shall not be selected by the Office of the Interconnection as a pool-scheduled resource except in an Emergency.
(c) Market Sellers offering energy from hydropower or other facilities with fuel or environmental limitations may submit data to the Office of the Interconnection that is sufficient to enable the Office of the Interconnection to determine the available operating hours of such facilities.
(d) The Market Seller of a resource selected as a pool- scheduled resource shall receive payments or credits for energy or related services, or for start-up and no-load fees, from the Office of the Interconnection on behalf of the Market Buyers in accordance with Schedule 3 to this Agreement. Alternatively, the Market Seller shall receive any cancellation fee reflected in the Market Seller's offer in lieu of start-up and no-load fees, if any, if the Office of the Interconnection cancels its selection of the resource as a pool-scheduled resource and so notifies the Market Seller before the resource is synchronized.
(e) Market Participants shall make available their pool- scheduled resources to the Office of the Interconnection for coordinated operation to supply the needs of the PJM Control Area for Operating Reserves.
Pool-Scheduled Resources. Pool-scheduled resources are those resources for which Market Participants submitted offers to sell energy in the Day-ahead Energy Market and which the Office of the Interconnection scheduled in the Day-ahead Energy Market as well as generators committed by the Office of the Interconnection subsequent to the Day-ahead Energy Market. Such resources shall be committed to provide energy in the real-time dispatch unless the schedules for such units are revised pursuant to Sections 1.10.9 or 1.