RMR Uplift Sample Clauses

RMR Uplift. It is also anticipated that it may be necessary from time to time to schedule a ---------- Participant's generating unit or Dispatchable Load to provide Operating Reserve in one or more hours at prices for Operating Reserve that exceed the applicable Clearing Price for that Operating Reserve service in the Day-Ahead Market in order to satisfy locational Operating Reserve requirements in a particular Reliability Region or Reliability Regions in accordance with applicable Market Rules. When this occurs the Participant providing such service shall be entitled to receive for the Dispatch Day the aggregate of the applicable Supply Offer Prices for Operating Reserve to provide the requested Operating Reserve service for all of the scheduled hours in the Dispatch Day. This comparison of Supply Offer Price against Clearing Price for the applicable Operating Reserve products shall be made on an aggregate basis for all hours scheduled in the Day-Ahead Market for that Dispatch Day, and not on an individual hour-by-hour basis. Where payment is made to a Participant under these circumstances, the amount by which the payment to the Participant exceeds the amount that would be paid if the Participant had only received the applicable Day-Ahead Market Operating Reserve Clearing Prices for the scheduled service during the hours in question shall be recovered as RMR Uplift from Participants which are obligated to pay under the Settlement Obligations for Operating Reserve associated with load in the affected Reliability Region or Reliability Regions for the hours during which the service is scheduled in the Dispatch Day. Except as provided below, RMR Uplift shall be paid by each Participant for each hour in accordance with the following formula: CHd = (UCd)(ELi ) + ADJRR ---------- ELRR in which CHd is the amount to be paid by a Participant pursuant to this Section 14A.19(f) for RMR Uplift for the affected Reliability Region(s). UCd is the aggregate RMR Uplift payments to Participants for the hour for out of merit services for the affected Reliability Region(s) to be allocated and paid pursuant to this Section 14A.19(f). ELi is the number of kilowatthours of Elexxxical Load of the Participant for the hour in the affected Reliability Region(s). ELRR is the aggregate number of kilowatthours of Electrical Load of all Participants for the hour in the affected Reliability Region(s). ADJRR is the total uplift charge adjustment for the Participant required to reflect Operating Reser...
Sample 1
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Related to RMR Uplift

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