FERC Market Rules definition

FERC Market Rules mean the market behavior rules and the prohibition against electric energy market manipulation codified by the Commission in its Rules and Regulations at 18 CFR §§ 1c.2 and 35.37, respectively; the Commission-approved PJM Market Rules and any related proscriptions or any successor rules that the Commission from time to time may issue, approve or otherwise establish.
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FERC Market Rules means the market behavior rules and the prohibition against electric energy market manipulation codified by the Commission in its Rules and Regulations at 18 CFR §§ 1c.2 and 35.37, respectively; the Commission-approved PJM Market Rules and any related proscriptions or any successor rules that the Commission from time to time may issue, approve or otherwise establish.
Sample 1

Examples of FERC Market Rules in a sentence

  • In addition to the notification provided in section IV.I.1. above, where the Market Monitoring Unit has reason to believe, based on sufficient credible information, that a Market Participant or PJM has either violated (a) a PJM Market Rule, or (b) any of the FERC Market Rules, the Market Monitoring Unit will refer the matter to the Commission’s Division of Investigations (or any successor) in the manner described below.

  • To facilitate data collection, this item was divided into 2 areas: accrued expenses and income, and deferred expenses and incomes.The results show that most entities either do not disclose the item in the Annex, or the information disclosed remains insufficient to propose conclusions about the calculation of accruals and deferrals.

  • Capacity Market Sellers are cautioned that representations made that are knowingly false or otherwise inconsistent with the requirements of such section may constitute a violation of, and may subject the Capacity Market Seller to penalties under, the PJM Market Rules and the FERC Market Rules.

  • The July 31 Report states that “ISO, NEPOOL, and NECPUC have made progress through the stakeholder process since March 2009 toward developing an approach to achieving [PRD] for New England.” The filing parties reported an intention to continue the stakeholder process underway, with a goal of filing with the FERC Market Rules concerning the future treatment of PRD that would be effective June 1, 2012.

  • The potential for a Market Participant to exercise market power or violate any of the PJM or FERC Market Rules or the actual exercise of market power or violation of the PJM or FERC Market Rules.

  • In addition to the notification provided in section IV.A. above, where the Market Monitoring Unit has reason to believe, based on sufficient credible information, that a Market Participant has either violated (a) a PJM Market Rule, or (b) any of the FERC Market Rules, the Market Monitoring Unit will refer the matter to the Commission’s Division of Investigations (or any successor) in the manner described below.

  • OA Schedule 1 § 6.4(d) (“Market Participants shall have exclusive responsibility for preparing and submitting their offers on the basis of accurate information and in compliance with the FERC Market Rules, inclusive of the level of any applicable offer cap, and in no event shall PJM be heldmarket power concerns even after discussions with the Market Monitor, PJM may approve the offer as consistent with the tariff and the Market Monitor will take the issue to the Commission.

Related to FERC Market Rules

  • Market Rules means the rules, regulations, customs and practices from time to time of any exchange, clearing house or other organization or market involved in the conclusion, execution or settlement of a Contract any exercise by any such exchange, clearing house or other organization or market of any power or authority conferred on it.

  • PJM Market Rules means the rules, standards, procedures, and practices of the PJM Markets set forth in the PJM Tariff, the PJM Operating Agreement, the PJM Reliability Assurance Agreement, the PJM Consolidated Transmission Owners Agreement, the PJM Manuals, the PJM Regional Practices Document, the PJM-Midwest Independent Transmission System Operator Joint Operating Agreement or any other document setting forth market rules.

  • PPB Rules means the rules of the Procurement Policy Board as set forth in Title 9 of the Rules of the City of New York (“RCNY”), § 1-01 et seq.

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • NASDAQ means the Nasdaq Stock Market.

  • Scheme Rules means the applicable SEPA direct debit or credit transfer scheme rules of the European Payments Council as amended from time to time.