Bid Restriction definition

Bid Restriction means the maximum or minimum Bid Price that may be submitted in connection with certain Bids, as specified in Sections 21.4 and 21.5 of this Attachment F.
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Examples of Bid Restriction in a sentence

  • If the ISO ever decides to allow adders above cost to be included in the cost-based based reference levels it uses to determine if a Bid Restriction should be applied, then the combined impact of all of the adders above cost included in the reference level(s) shall be limited to no more than $100/MWh.

  • If any component of an Incremental Energy Bid exceeds $1,000/MWh or if a Minimum Generation Bid exceeds $1,000/MWh, then the ISO shall use cost-based reference levels to determine if a Bid Restriction should be applied, and to test all components of the Incremental Energy Bid or the Minimum Generation Bid for possible mitigation in accordance with these Mitigation Measures.

  • An Energy Storage Resource that submits an Incremental Energy Bid that exceeds $1,000/MWh may be subject to the alternative Bid Restriction specified below if its submitted Incremental Energy Bid curve extends from a Lower Operating Limit that is less than zero MW to an Upper Operating Limit that exceeds zero MW.

  • The Bid Restriction established in Section 21.4 shall apply to Day-Ahead and real-time Energy Bids, Minimum Generation Bids, Decremental Bids, Price Cap Load Bids, Sink Price Cap Bids and real-time CTS Interface Bids , as applicable.

  • The Bid Restriction established in Section 21.4 shall not apply to Ancillary Services Bids, Start-Up Bids or to any other Bid that is not specified in Section 21.5.1, provided however a Bid floor of $0.00 shall apply to Regulation Capacity Bids and Regulation Movement Bids.

  • All Suppliers and Demand Side Resources, whether External or Internal to the NYCA, shall be subject to a Bid Restriction for all Bids specified herein.

  • If a Bid Price exceeds an applicable maximum Bid Restriction or is less than an applicable minimum Bid Restriction, the Bid shall either be automatically rejected by the ISO or shall be reduced in accordance with the rules specified in Section 23.7 of the ISO Services Tariff.

  • Incremental Energy Bids and Minimum Generation Bids submitted for NYCA Resources that exceed the maximum Bid Restriction shall be reduced in accordance with Section 23.7 of the ISO Services Tariff.

  • During the period that Attachment F is in effect, the Bid Restriction for all Bids referenced in Section 21.5.1 below shall be ± $1,000/MWh. If a Bid exceeds an applicable maximum Bid Restriction or is less than an applicable minimum Bid Restriction, the Bid shall be automatically rejected by the ISO.

  • Day-Ahead Price Cap Load Bids are restricted to a maximum Bid Price of $2,000/MWh. Day-Ahead Price Cap Load Bids are restricted to a minimum Bid Price of -$1,000/MWh. Price Cap Load Bids that violate the maximum Bid Restriction or the minimum Bid Restriction shall be automatically rejected by the ISO.

Related to Bid Restriction

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in:

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Period of Restriction means the period during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based on the passage of time, the achievement of target levels of performance, or the occurrence of other events as determined by the Administrator.