Examples of Generator Assets in a sentence
Market Participants are responsible for reporting to the ISO anticipated availability and other information concerning Generator Assets, Demand Response Resources and Dispatchable Asset Related Demands required by the ISO New England Operating Documents, including but not limited to the Market Participant’s ability to procure fuel and physical limitations that could reduce Resource output or demand reduction capability for the pertinent Operating Day.
The ISO may communicate with Market Participants with dual-fuel Generator Assets that normally burn natural gas to verify whether the Market Participants have switched or are planning to switch to an alternate fuel.
The ISO may request that Market Participants with dual-fuel Generator Assets that normally burn natural gas voluntarily switch to a secondary fuel in anticipation of natural gas supply shortages.
Pool-Scheduled Resources are those Resources for which Market Participants submitted Supply Offers, Demand Reduction Offers, or Demand Bids in the Day-Ahead Energy Market and which the ISO scheduled in the Day-Ahead Energy Market as well as Generator Assets, DARDs or Demand Response Resources committed by the ISO subsequent to the Day-Ahead Energy Market.
All Market Participants shall submit to the ISO schedules for any External Transactions involving use of Generator Assets or the New England Transmission System as specified below, and shall inform the ISO whether the transaction is to be included in the Day-Ahead Energy Market.
These resources operate to maintain a set-point voltage and include, but are not limited to, Generator Assets, Dispatchable Asset Related Demands that are part of an Electric Storage Facility, and dynamic transmission devices.
Unless otherwise directed by the ISO, Generator Assets that are required to perform Reactive Capability Audits must perform both a Lagging Reactive Capability Audit and a Leading Reactive Capability Audit.
In addition to the payments for oil inventory services, Generator Assets demonstrating their fuel switching capability, as described in Section III.K.4, shall be compensated via NCPC Credits for successful demonstrations of their ability to swap and operate on oil within five hours and otherwise in accordance with the Generator Asset’s approved test plan.
Generator Assets and Demand Response Resources shall have a 5% or 5 MWh threshold when determining such deviations.
The ISO shall develop a list of Generator Assets that must conduct Reactive Capability Audits.