Common use of Recall Time Clause in Contracts

Recall Time. The measured time from when ISO/LCC requests an LCC/TO to safely restore a transmission element from outage state to in service.  Short-Term Transmission Outage: A Planned Transmission Outage submitted for ISO Approval less than 21 days and greater than 120 hours prior to 0001 the day the outage is scheduled to begin.  Significantly Reduced Congestion Costs: Reductions in forecasted real-time congestion and Net Commitment-Period Compensation (NCPC) costs resulting from the repositioning of a transmission outage are considered significant when the reduction minus the PTO’s incremental direct costs for repositioning the outage exceeds $200,000 per week or any portion of a week.  Transmission Outage Request Flags: One or more of the following additional identifiers may be associated with each outage to set outage priority as described in this definition section: o Long-Term Economic Approval o Outage Overrun  Transmission Outage Request Status: One of the following: o Active Status  Preliminary: Planned Transmission Outage provided to ISO for informational purposes only; no studies shall be conducted until the outage has been moved to the status of Submitted  Submitted: Transmission outages prepared for ISO study and acceptance and awaiting Interim Approved Status or Approved Status  Study: Transmission outages actively being studied and evaluated by ISO to determine Interim Approved Status or Approved Status  Negotiate: Transmission outages under additional review and pending repositioning  Interim Approved: Transmission outages that have been studied and accepted by ISO through the Long-Term Transmission Outage process but waiting final Approved status through the Short-Term Transmission Outage Process  Approved: Transmission outages studied and accepted by ISO in accordance with the Short-Term Transmission Outage process  Implemented: Transmission outage that has begun, reflecting equipment taken out of service or in an abnormal state o Non-Active Status  Withdrawn: Preliminary Transmission outages that are no longer planned by the TO or have lapsed within 21 days prior to the start date  Denied: Transmission outage requests which have not been Approved  Cancelled: Previously Approved Transmission outages (Interim Approved or Approved) that have been called off by the TO, LCC or ISO.  Completed: A Transmission outage that had been returned to service  Unplanned Outage: This is any outage that cannot be planned and fails to satisfy the lead times required for Planned Short-Term Transmission Outage processing. The following are the three types of Unplanned Outages:

Appears in 3 contracts

Samples: www.iso-ne.com, www.iso-ne.com, www.iso-ne.com

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Recall Time. The measured time from when ISO/LCC requests an LCC/TO to safely restore a transmission element from outage state to in service. Short-Term Transmission Outage: A Planned Transmission Outage submitted for ISO Approval less than 21 days and greater than 120 hours prior to 0001 the day the outage is scheduled to begin. Significantly Reduced Congestion Costs: Reductions in forecasted real-time congestion and Net Commitment-Period Compensation (NCPC) costs resulting from the repositioning of a transmission outage are considered significant when the reduction minus the PTO’s incremental direct costs for repositioning the outage exceeds $200,000 per week or any portion of a week. Transmission Outage Request Flags: One or more of the following additional identifiers may be associated with each outage to set outage priority as described in this definition section: o Long-Term Economic Approval o Outage Overrun Transmission Outage Request Status: One of the following: o Active Status Preliminary: Planned Transmission Outage provided to ISO for informational purposes only; no studies shall be conducted until the outage has been moved to the status of Submitted Submitted: Transmission outages prepared for ISO study and acceptance and awaiting Interim Approved Status or Approved Status Study: Transmission outages actively being studied and evaluated by ISO to determine Interim Approved Status or Approved Status Negotiate: Transmission outages under additional review and pending repositioning Interim Approved: Transmission outages that have been studied and accepted by ISO through the Long-Term Transmission Outage process but waiting final Approved status through the Short-Term Transmission Outage Process Approved: Transmission outages studied and accepted by ISO in accordance with the Short-Term Transmission Outage process Implemented: Transmission outage that has begun, reflecting equipment taken out of service or in an abnormal state o Non-Active Status Withdrawn: Preliminary Transmission outages that are no longer planned by the TO or have lapsed within 21 days prior to the start date Denied: Transmission outage requests which have not been Approved Cancelled: Previously Approved Transmission outages (Interim Approved or Approved) that have been called off by the TO, LCC or ISO. Completed: A Transmission outage that had been returned to service Unplanned Outage: This is any outage that cannot be planned and fails to satisfy the lead times required for Planned Short-Term Transmission Outage processing. The following are the three types of Unplanned Outages:

Appears in 1 contract

Samples: www.iso-ne.com

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