Firm Market definition
Examples of Firm Market in a sentence
Seller shall have the option to select one of four pricing options: Fixed Avoided Cost Prices (“Fixed Price”), Firm Market Indexed Avoided Cost Prices (“Firm Electric Market”), Gas Market Indexed Avoided Cost Prices (“Gas Market”), or Banded Gas Market Indexed Avoided Cost Prices (“Banded Gas Market”), as published in Schedule 37.
Firm Market Flows are considered as firm use of the transmission system for congestion management purposes and will be curtailed on a proportional basis with other firm uses during periods of firm curtailments and are equivalent to Firm Transmission Service.
Market Flows can be divided into Firm Market Flows and Non-Firm Market Flows.
Therefore, these Firm Market Flows can be determined based on expected usage and the Allocation of Flowgate capacity.
Firm Market Flows represent the directional sum of flows created by Designated Network Resources serving designated network loads within a particular market area.
An entity can determine Firm Market Flows on a particular Flowgate using the same process as utilized by the IDC.
PacifiCorp shall pay Seller for such Test Energy and Net Output delivered at the Point of Delivery, an amount per MWh equal to the Firm Market Price Index for the applicable hour on the applicable day in the applicable month, provided, however, that Seller's right to receive payment for such Test Energy and Net Output is subject to PacifiCorp's right of offset under Section 10.2 for, among other things, payment by Seller of any Delay Damages owed to PacifiCorp by Seller pursuant to Section 2.4.
The results should be an hourly forecast of directional Firm Market Flows.
Given the Firm Market Flow determinations described in the previous section, Market-Based Operating Entities can assume them to be their Firm Flow Limits.
To the extent a user of the Platform has been designated by Cboe FX in its discretion as a Non- Firm Market Maker pursuant to Cboe FX’s Market Maker Standards, which standards appear at ▇▇▇▇▇://▇▇.▇▇▇▇.▇▇▇/pdfs/press/market-maker-standards.pdf and which are incorporated into these Operating Procedures by reference, such Non-Firm Market Maker may be permitted to provide non-firm liquidity to the Platform.