Financial Transmission Right definition

Financial Transmission Right or “FTR” shall mean a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2 and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2.
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Financial Transmission Right or “FTR” shall mean a right to receive Transmission Congestion Credits as specified in Section 5.2.2 of this Schedule.
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Financial Transmission Right means a derivative transacted on a market administered by an ISO/RTO, the value of which is based on price differences at specified times or between specified points in the ISO/RTO’s energy grid, that is a contract that either
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Examples of Financial Transmission Right in a sentence

  • The conversion of an Auction Revenue Right to a Financial Transmission Right pursuant to this section 7 shall not constitute a purchase or sale transaction to which PJMSettlement is a contracting party.

  • Where Financial Transmission Right Obligations are in place, the Single Allocation Platform shall through a clearing house calculate the amounts to be remunerated to and received from the holders of such Long Term Transmission Rights.

  • In deviation to Article 58 paragraph 1 (a) of the Allocation Rules, the Long Term Firmness Deadline is set at D-1, 8:30 a.m. for both, Physical Transmission Rights and Financial Transmission Right Options.

  • In case of Financial Transmission Rights Options the Financial Transmission Right Option holders shall be entitled to receive remuneration in accordance with Article 48.

  • When the FTR Target Allocation is negative, the FTR Target Allocation is set to zero if the FTR is a Financial Transmission Right Option.


More Definitions of Financial Transmission Right

Financial Transmission Right. (FTR) means:
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Financial Transmission Right or "FTR" has such meaning as is set forth in the applicable MISO FERC-approved tariff.
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Financial Transmission Right or “FTR” means a financial instrument that entitles the holder to receive compensation from PJM for certain congestion-related transmission charges that arise when the grid is congested and differences in locational marginal prices result from the redispatch of generators out of merit order to relieve congestion in the PJM day-ahead market.
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Financial Transmission Right means financial transmission right obligation or financial transmission right option;
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Financial Transmission Right or “FTR” shall mean a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2 and the parallel
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Financial Transmission Right or “FTR” shall mean a financial instrument that evidences the rights and obligations specified in Section III.5.2.2 of this Market Rule
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Financial Transmission Right or "FTR" means a financial instrument that ---------------------------- --- entitles the holder to receive compensation from PJM for certain congestion-related transmission charges that arise when the grid is congested and differences in locational marginal prices result from the redispatch of generators out of merit order to relieve congestion in the PJM day-ahead market.
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