Settlement for Instructed Imbalance Energy Sample Clauses

Settlement for Instructed Imbalance Energy. Instructed Imbalance Energy attributable to each Scheduling Coordinator j in each settlement Period t in the relevant Zone shall be deemed to be sold or purshased, as the case may be, by the ISO and charges or payments for Instructed Imbalance Energy shall be settled by debiting or crediting, as the case may be, the Scheduling Coordinator with an amount for each Settlement Period t equal to: IIECj=IGDCj+ILDCj+IIDCj Where: Instructed Generation Deviation Payment/Charge is calculated as follows: Ggi*Pi IGDC = ∑ gi HBI Instructed Load Deviation Payment/Charge is calculated as follows: ILDC = ∑ LLi*Pi Li HBI Instructed Import Deviation Payment/Charge is calculated as follows: IIDC = ∑ I Ii*Pi Ii HBI and where: IGDCj=total of instructed Generation deviation payments/charges for the Settlement Period t ILDCj=total of instructed Demand deviation payments/charges for the Settlement Period t IIDCj=total of instructed import deviation payments/charges for the Settlement Period t Ggi=instructed Energy (in MW) for Generating Unit g during BEEP Interval i LLi=instructed Energy (in MW) for Load L during BEEP Interval i Ili=instructed Energy (in MW) for import I during BEEP Interval I PI=the BEEP incremental Ex Post Price for BEEP Interval i if the net instructed Energy for resources is positive. Or, the BEEP decremental Ex Post Price for BEEP Interval i if the net instructed Energy for resources is negative
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