CAISO definition

CAISO means the California Independent System Operator Corporation or any successor entity performing similar functions.
CAISO means the California Independent System Operator Corporation or successor entity that dispatches certain generating units, supplies certain loads and controls the transmission facilities of entities that (a) own, operate and maintain transmission lines and associated facilities or have entitlements to use certain transmission lines and associated facilities, and (b) have transferred to the CAISO or its successor entity operational control of such facilities or entitlements.

Examples of CAISO in a sentence

  • Seller and Buyer, or Xxxxx’s Scheduling Coordinator, shall cooperate to allow both Parties to retrieve the meter reads from the CAISO Market Results Interface – Settlements (MRI-S) (or its successor) or directly from the CAISO meter(s) at the Facility.

  • Seller shall hold Buyer harmless from any penalties, imbalance energy charges, or other costs or losses from CAISO or under the Agreement resulting from a third party’s use of such interconnection capacity.

  • Seller shall obtain and maintain a single CAISO resource ID dedicated exclusively to the Facility.

  • Payment adjustments shall be made if Buyer or Seller discovers there have been good faith inaccuracies in invoicing that are not otherwise disputed under Section 8.5 or an adjustment to an amount previously invoiced or paid is required due to a correction of data by the CAISO; provided, however, that there shall be no adjustments to prior invoices based upon meter inaccuracies.

  • As compensation for such Test Energy and associated Product, Buyer shall pay Seller an amount equal to fifty percent (50%) of net CAISO revenues received by Buyer for the Facility Energy (the “Test Energy Rate”).


More Definitions of CAISO

CAISO means the California Independent System Operator.
CAISO means the California Independent System Operator Corporation, or any successor entity performing the same functions.
CAISO means the California Independent System Operator Corporation or its successor.
CAISO means the California ISO or the successor organization to the functions thereof.
CAISO means the California ISO.