Examples of External Transaction in a sentence
Coordinated External Transaction is an External Transaction at an external interface for which the enhanced scheduling procedures in Section III.1.10.7.A are implemented.
Each RTC run will produce binding commitment instructions for the periods beginning fifteen and thirty minutes after its scheduled posting time and will produce advisory commitment guidance for the remainder of the optimization period, RTC15 will also establish hourly External Transaction schedules, while all RTC runs may establish 15 minute External Transaction schedules at Variably Scheduled Proxy Generator Buses.
RTD may also establish 5- minute External Transaction schedules at Dynamically Scheduled Proxy Generator Buses.
Each Supplier that bids an External Transaction into the Day-Ahead LBMP Market and is scheduled in the SCUC to buy Energy from the Day-Ahead LBMP Market will pay the product of (a) the Day-Ahead LBMP at the applicable Proxy Generator Bus and (b) the External Transaction schedule.
For External Transactions that are scheduled on a 15 minute basis, the amount of Energy scheduled to be imported, exported or wheeled in association with that External Transaction may change on the quarter hour.
For External Transactions that are scheduled on a 5 minute basis, the amount of Energy scheduled to be imported, exported or wheeled in association with that External Transaction may change every 5 minutes.
The ISO may revert to establishing hourly Import and Export schedules using all available External Transaction Bids at a Proxy Generator Bus that is identified as a Dynamically or Variably Scheduled Proxy Generator Bus when the ISO or a neighboring Balancing Authority is not able to implement schedules as expected, or when necessary to ensure or preserve system reliability.
RTC will make decisions and post information in a series of fifteen-minute “runs” which are described below.RTC15 will begin at the start of the first hour of the RTC co-optimization period and will post its commitment, de-commitment, and External Transaction scheduling decisions no later than fifteen minutes after the start of that hour.
All withdrawals and injections not scheduled on a Day-Ahead basis, including Real-Time deviations from any Day-Ahead External Transaction schedules, shall be subject to the Real-Time Market Settlement.
A transaction to wheel energy into, out of or through the New England Control Area is not a Coordinated External Transaction.