CPM Soft Offer Cap definition

CPM Soft Offer Cap has the meaning set forth in the CAISO Tariff.
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CPM Soft Offer Cap has the meaning set forth in the CAISO Tariff.] [Applies if Seller is providing RA]
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Examples of CPM Soft Offer Cap in a sentence

  • Otherwise, for resources that have sought a resource- specific CPM Capacity price pursuant to Section 43A.4.1.1.1, the CAISO shall use the CPM Soft Offer Cap price for calculating the Availability Incentive Mechanism price.43A.6 Reports The CAISO shall publish the following reports and notices.

  • Otherwise, for resources that have sought a resource- specific CPM Capacity price pursuant to Section 43A.4.1.1.1, the CAISO shall use the CPM Soft Offer Cap price for calculating the Availability Incentive Mechanism price.43A.6 Reports‌ The CAISO shall publish the following reports and notices.

  • For a resource whose sales are under FERC jurisdiction that is providing CPM Capacity to be compensated at a rate higher than the CPM Soft Offer Cap, the resource owner must make a limited resource-specific filing before FERC to determine the just and reasonable capacity price for the resource as calculated under this formula.

  • The tariff specially states that the statekholder process may consider “what resource serves as the reference resource, the components of fixed costs that are considered in setting the CPM Soft Offer Cap, or the use of a 20% adder to costs to set the CPM Soft Offer Cap.”13 Staff request the CAISO add this issue to the scope of this initiative.

  • Supplemental revenues authorized under this Section 39.10 shall not exceed within a 30-day period (this 30-day period begins on the day of the first Exceptional Dispatch of the resource and re-starts on the day of the first Exceptional Dispatch of the resource following the end of any prior 30-day period) the CPM Soft Offer Cap, for which the resource would be eligible pursuant to Section 43A.7 had its Eligible Capacity been designated as CPM Capacity.

  • DMM has three concerns about use of the CAISO’s CPM Soft Offer Cap as a price ceiling at or below which the RA-CPE would be required to accept RA-only offers until residual RA requirements are met for a three-year forward period.

  • This provision would also further magnify the importance of the CPM Soft Offer Cap in terms of affecting prices and potential market power in California’s bilateral capacity market.

  • This section of the tariff specifically states:A Scheduling Coordinator for a resource may offer a price in excess of the CPM Soft Offer Cap.

  • If the resource owner fails to make such cost justification filing within 30 days, then theCAISO shall deem the effective CPM Capacity price for the resource to be the CPM Soft Offer Cap.

  • First, DMM notes that the CPM Soft Offer Cap is only one element of the CAISO’s backstop procurement authority, which includes a combination of various CPM and Reliability Must Run (RMR) tariff provisions.

Related to CPM Soft Offer Cap

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.