Examples of Flowgate in a sentence
The first step to determining the Market Flow on a Flowgate is to calculate generator, load and PAR shift factors for the each of the Flowgates.
NY-NJ PAR coordination can occur at any Flowgate and need not be formally invoked by either Party.
Each Party shall calculate a M2M Entitlement on each M2M Redispatch Flowgate and compare the results at least once a year on a mutually agreed upon schedule.
For each M2M Redispatch Flowgate compute the real-time redispatch settlement for each interval as specified below.
For each Flowgate there are two components of the M2M settlement, a redispatch component and a NY-NJ PAR coordination component.
Next, compute the impact of the common PAR effect for Flowgate m as: Where: Flowgate-m = the relevant flowgate; Cmn_PAR_ImpactFlowgate-m = potential flow on Flowgate m that is affected by the operation of the common PARs; Cmn_PAR_MFFlowgate-m = the sum of flow on Flowgate m due to the generation to load and interchange schedules on the common PARs; and Cmn_PAR_ControlFlowgate-m = the flow deviation on each of the common PARs.
For the redispatch component, market settlements under this M2M Schedule will be calculated based on the following: the Non-Monitoring RTO’s real-time Market Flow, determined in accordance with Section 7.1 above, on each M2M Redispatch Flowgate compared to its M2M Entitlement for M2M Redispatch Flowgates eligible for redispatch on each M2M Redispatch Flowgate; and the ex-ante Shadow Price at each M2M Redispatch Flowgate.
The generation-to-load flow for a particular Flowgate, in MWs, will be determined as: Where: Flowgate-m = the relevant flowgate; unit = the relevant generator; RTO_GTLFlowgate-m = the generation to load flow for the entire RTO footprint on Flowgate m; Gen_Finalunit = the portion of each unit’s output that is serving RTO Net Load; GSF(unit,Flowgate-m) = the generator shift factor for each unit on Flowgate m; and RTO_LSFFlowgate-m = the load shift factor for the entire RTO footprint on Flowgate m.
During normal operating conditions, the M2M redispatch process will be initiated by the Monitoring RTO whenever an M2M Flowgate that is eligible for redispatch is constrained and therefore binding in its dispatch.
When determining M2M settlements for a M2M Redispatch Flowgate, each Party will use the M2M Entitlement that corresponds to the period/group for which the real-time Market Flow is being calculated except for the following scenarios: When the Non-Monitoring RTO’s M2M Entitlement is negative and the net market flow of the Non-Monitoring RTO is greater than or equal to zero the M2M Entitlement will be set to zero.