CAISO Energy definition
CAISO Energy means “Energy” as defined in the Tariff.
CAISO Energy means with respect to a Transaction, a Product under which the Seller shall sell and the Buyer shall purchase a quantity of energy equal to the hourly quantity without Ancillary Services (as defined in the Tariff) that is or will be scheduled as a schedule coordinator to schedule coordinator transaction pursuant to the applicable tariff and protocol provisions of the California Independent System Operator (“CAISO”) (as amended from time to time, the “Tariff”) for which the only excuse for failure to deliver or receive is an Uncontrollable Force (as defined in the Tariff). “WECC” means the Western Electricity Coordinating Council. “WSPP” means the Western Systems Power Pool. “WSPP Agreement” means the Western Systems Power Pool Agreement as amended from time to time. “West Firm” or “WSPP Firm” means with respect to a Transaction, a Product that is or will be scheduled as firm energy and consistent with the most recent rules adopted by the WECC for which the only excuses for failure to deliver or receive are if an interruption is (i) due to an Uncontrollable Force as provided in Section 10 of the WSPP Agreement; or (ii) where applicable, to meet Seller's public utility or statutory obligations to its customers. Notwithstanding any other provision in this Master Agreement, if Seller exercises its right to interrupt to meet its public utility or statutory obligations, Seller shall be responsible for payment of damages for failure to deliver firm energy as provided in Article Four of this Agreement.
CAISO Energy means a quantity of Energy equal to the hourly quantity without Ancillary Services that is or will be scheduled as an Inter-SC Trade pursuant to the CAISO Tariff for which the only excuse for failure to deliver or receive is an Uncontrollable Force. Terms that are capitalized, but not defined in this definition shall have the meaning ascribed to them in the CAISO Tariff.
Examples of CAISO Energy in a sentence
At least 4 of these instances must have occurred in response to a grid emergency event signal (these include Emergency Load Reduction Program events, Demand Side Grid Support Program events, CAISO Energy Emergency Alerts, critical peak pricing events if the customer’s rate uses critical peak pricing, and any hour when the customer’s electricity rate exceeds $1/kWh).
Product does not confer to Buyer any right to dispatch the Project or receive CAISO Energy or Ancillary Services revenues from the Project.
Inside each hour, the CAISO Energy Imbalance Market (EIM) takes over load/resource balancing duties.
CAISO Energy quantity without Ancillary Services that is or will be scheduled as an Inter-SC Trade pursuant to the CAISO Tariff for which the only excuse for failure to deliver or receive is an Uncontrollable Force.
The Parties understand and acknowledge that the pro forma CAISO Energy Imbalance Market service agreements must be effective and include the resource information necessary to support the JOU Pilot.
More Definitions of CAISO Energy
CAISO Energy means a quantity of Energy equal to the hourly quantity without Ancillary Services that is or will be scheduled as an Inter-SC Trade pursuant to the CAISO Tariff for which the only excuse for failure to deliver or receive is an Uncontrollable Force. Terms that are capitalized, but not defined in this definition shall have the meaning ascribed to them in the CAISO Tariff. “CAISO Tariff” means the California Independent System Operator Corporation Agreement and Tariff, Business Practice Manuals (BPMs), and Operating Procedures, including the rules, protocols, procedures and standards attached thereto, as the same may be amended or modified from time-to-time and, to the extent subject to Federal Energy Regulatory Commission (“FERC”) approval, as approved by FERC. “City’s Compliance Officer” has the meaning set forth in Section 4.08.020 of the San ▇▇▇▇ Municipal Code. “Flat” means all hours beginning 0 to HE 24, Monday through Sunday, including NERC holidays. “HE” means hour ending. “Inter-SC Trade” or “IST” has the meaning set forth in the CAISO Tariff. “MW” means megawatt. “MWh” means megawatt-hour. “Off-Peak” means HE 01-06, 23-24 PPT Mon-Sat, HE 01-24 Sun and NERC Holidays. “On-Peak” means HE 07-22 PPT Mon-Sat, exc. NERC Holidays.
CAISO Energy means with respect to a Transaction, a Product under which the Seller shall sell and the Buyer shall purchase a quantity of energy equal to the hourly quantity without Ancillary Services (as defined in the Tariff) that is or will be scheduled as a schedule coordinator to schedule coordinator transaction pursuant to the applicable tariff and protocol provisions of the California Independent Operator ("CAISO")(as amended from time to time, the "Tariff") for which the only excuse for failure to deliver or receive is an "Uncontrollable Force."
CAISO Energy means with respect to a Transaction, a Product under which the Seller shall sell and the Buyer shall purchase a quantity of energy equal to the hourly quantity without Ancillary Services (as defined in the Tariff) that is or will be scheduled as a schedule coordinator to schedule coordinator transaction pursuant to the applicable tariff and protocol provisions of the California Independent System Operator ("CAISO") (as amended from time to time, the "Tariff") for which the only excuse for failure to deliver or receive is an "Uncontrollable Force" (as defined in the Tariff).
CAISO Energy means, with respect to a Transaction, a quantity of energy equal to the hourly quantity without Ancillary Services (as defined in the
CAISO Energy means with respect to a Transaction, a Product under which the Seller shall sell and the Buyer shall purchase a quantity of energy equal to the hourly quantity without Ancillary Services (as defined in the Tariff) that is or will be scheduled as a schedule coordinator to schedule coordinator transaction pursuant to the applicable tariff and protocol provisions of the California Independent System Operator (“CAISO”) (as amended from time to time, the “Tariff”) for which the only excuse for failure to deliver or receive is an “Uncontrollable Force” (as defined in the Tariff). A CAISO Schedule Adjustment” (defined as a schedule change implemented by the CAISO that is neither caused by, or within the control of, either Party) shall not constitute an Uncontrollable Force (as defined in the Tariff).
CAISO Energy means a quantity of Energy equal to the hourly quantity without Ancillary Services that is or will be scheduled as an Inter-SC Trade pursuant to the CAISO Tariff for which the only excuse for failure to deliver or receive is an Uncontrollable Force. Terms that are capitalized, but not defined in this definition shall have the meaning ascribed to them in the CAISO Tariff. “CAISO Tariff” means the California Independent System Operator Corporation Agreement and Tariff, Business Practice Manuals (BPMs), and Operating Procedures, including the rules, protocols, procedures and standards attached thereto, as the same may be amended or modified from time-to-time and, to the extent subject to
CAISO Energy means with respect to a Power Transaction, a Product under which the Seller shall sell and the Buyer shall purchase a quantity of energy equal to the hourly quantity without Ancillary Services (as defined in the CAISO Tariff) that is or will be scheduled as a schedule coordinator to schedule coordinator transaction DB1/ 97256719.2 4833-0855-7924 pursuant to the applicable tariff and protocol provisions of the California Independent System Operator (“CAISO”) (as amended from time to time, the “CAISO Tariff”) for which the only excuse for failure to deliver or receive is an “Uncontrollable Force” (as defined in the CAISO Tariff).