Real-Time Redispatch Settlement Sample Clauses

Real-Time Redispatch Settlement. If the M2M Flowgate is eligible for redispatch, then compute the real-time redispatch settlement for each interval as specified below. When 𝑅𝑇_𝑀𝑘𝑡𝐹𝑙𝑜𝑤𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 > 𝑀2𝑀_𝐸𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 , 𝑖 𝑀𝑜𝑛𝑅𝑇𝑂_𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚 = 𝑀𝑜𝑛_𝑆ℎ𝑎𝑑𝑜𝑤$𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 𝑠𝑖 𝑖 × (𝑅𝑇_𝑀𝑘𝑡𝐹𝑙𝑜𝑤𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 − 𝑀2𝑀_𝐸𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚 ) × /3600𝑠𝑒𝑐 When 𝑅𝑇_𝑀𝑘𝑡𝐹𝑙𝑜𝑤𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 < 𝑀2𝑀_𝐸𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 , 𝑁𝑜𝑛_𝑀𝑜𝑛𝑅𝑇𝑂_𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤��𝑎𝑡𝑒−𝑚 𝑖 = 𝑁𝑜��_𝑀𝑜��_𝑆ℎ𝑎𝑑𝑜𝑤$��2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 × (𝑀2𝑀_𝐸𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 − 𝑅𝑇_𝑀𝑘𝑡𝐹𝑙𝑜𝑤𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚 ) × 𝑠𝑖/3600𝑠𝑒𝑐 Where: 𝑖 𝑁𝑜𝑛_𝑀𝑜𝑛𝑅𝑇𝑂_𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚 =M2M redispatch settlement, in the form of a payment to the Non-Monitoring RTO from the Monitoring RTO, for M2M Flowgate m and interval i; 𝑖 𝑀𝑜𝑛𝑅𝑇𝑂_𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚 = M2M redispatch settlement, in the form of a payment to the Monitoring RTO from the Non- Monitoring RTO, for M2M Flowgate m and interval i; 𝑅𝑇_𝑀𝑘𝑡𝐹𝑙𝑜𝑤𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 = real-time RTO_MF, determined for settlement in accordance with Section 7.1 above, for M2M Flowgate m and interval i; 𝑀2𝑀_𝐸𝑛𝑡𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 = Non-Monitoring RTO M2M Entitlement for M2M Flowgate m and interval i; 𝑀𝑜𝑛_𝑆ℎ𝑎𝑑𝑜𝑤$𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 = Monitoring RTO’s Shadow Price for M2M Flowgate m and interval i; 𝑁𝑜𝑛_𝑀𝑜𝑛_𝑆ℎ𝑎𝑑𝑜𝑤$𝑀2𝑀 𝐹𝑙𝑜𝑤𝑔𝑎𝑡𝑒−𝑚𝑖 = Non-Monitoring RTO’s Shadow Price for M2M Flowgate m and interval i; and 𝑠𝑖 = number of seconds in interval i.

Real-Time Redispatch Settlement. If the M2M Flowgate is eligible for redispatch, then compute the real-time redispatch settlement for each interval as specified below. When _2 − > 2_2 −, _2 − = _ℎ$2 − × (_2 − − 2_2 − ) × ⁄3600 When _2 − < 2_2 −, __2 − = __ℎ$2 − × (2_2 − − _2 − ) × ⁄3600 Where: __2 − =M2M redispatch settlement, in the form of a payment to the Non-Monitoring RTO from the Monitoring RTO, for M2M Flowgate m and interval i; _2 − = M2M redispatch settlement, in the form of a payment to the Monitoring RTO from the Non- Monitoring RTO, for M2M Flowgate m and interval i; _2 − = real-time RTO_MF, determined for settlement in accordance with Section 7.1 above, for M2M Flowgate m and interval i; 2_2 − = Non-Monitoring RTO M2M Entitlement for M2M Flowgate m and interval i; _ℎ$2 − = Monitoring RTO’s Shadow Price for M2M Flowgate m and interval i; __ℎ$2 − = Non-Monitoring RTO’s Shadow Price for M2M Flowgate m and interval i; and = number of seconds in interval i.