Increment Offer definition

Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified location in the Day-ahead Energy Market. A cleared Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

Increment Offer means an offer to sell energy at a specified location in the Day-ahead Energy Market. An accepted Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified

Examples of Increment Offer in a sentence

• It is used only as a pre-screen to determine whether a Participant’s Increment Offers and Decrement Bids should be subject to Increment Offer and Decrement Bid Screening.

• Segments shall be daily for each offer to sell other than an Increment Offer.

• The ability to submit a negative offer as low as negative $150/MWh for External Transactions and the energy Blocks for a Supply Offer, Demand Bid, Increment Offer and Decrement Bid, and; 5.

• The first step in the scheduling process is to examine the relationship between Day-ahead Demand Bids and Decrement Bids with and Generation Offers and Increment Offer and to clear the Day- ahead Market based on these bids and offers.

• The following steps shall then be performed to achieve power balance:All Self-Scheduled External Transaction sales are considered to be priced at $1,000/MWh;Reduce any remaining price-sensitive Demand Bids (including External Transaction sales) and Decrement Bids from lowest price to highest price to zero MW until power balance is achieved (there may be some price sensitive bids that are higher priced than the highest Supply Offer or Increment Offer price cleared).

• In general, for the Day-Ahead Energy Market, Market Participants with Generators are paid based on the Generator Node LMP and Market Participants with cleared Increment Offers are paid based on the LMP at the Location at which the Increment Offer cleared.

• October 25, 2012) presented to the PJM Members Committee, at 30, available at http://www.pjm.com/~/media/committees-groups/committees/mc/ 20121022-webinar/20121022- reports-item-03a-markets-report.ashx.and Increment Offer.

• Segments shall be hourly for each bid to purchase energy, each Increment Offer, each Decrement Bid, each “Up-to” Congestion Transaction, and each Day-ahead Pseudo-Tie Transaction.

• The first step in the scheduling process is to examine the relationship between Day‐ahead Demand Bids and Decrement Bids with and Generation Offers and Increment Offer and to clear the Day‐ ahead Market based on these bids and offers.

More Definitions of Increment Offer

Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a

Increment Offer means an offer to sell energy at a specified Location in the Day-Ahead Energy Market which is not associated with a physical supply. An accepted Increment Offer results in scheduled generation at the specified Location in the Day-Ahead Energy Market. Incremental ARR is an ARR provided in recognition of a participant-funded transmission system upgrade pursuant to Appendix C of this Market Rule. Incremental ARR Holder is an entity which is the record holder of an Incremental Auction Revenue Right in the register maintained by the ISO. Incremental Cost of Reliability Service is described in Section III.13.2.5.2.5.2 of Market Rule 1. Independent Transmission Company (ITC) is a transmission entity that assumes certain responsibilities in accordance with Section 10.05 of the Transmission Operating Agreement and Attachment M to the OATT, subject to the acceptance or approval of the Commission and a finding of the Commission that the transmission entity satisfies applicable independence requirements. Information Request is a request from a potential Disputing Party submitted in writing to the ISO for access to Confidential Information. Initial Market Participant Financial Assurance Requirement is calculated for new Market Participants and Returning Market Participants, other than an FTR-Only Customer or a Governance Only Member, according to Section IV of the ISO New England Financial Assurance Policy.

Increment Offer means an offer to sell energy at a specified Location in the Day-Ahead Energy Market which is not associated with a physical supply. An accepted Increment Offer results in scheduled supply at the specified Location in the Day-Ahead Energy Market. Incremental ARR is an ARR provided in recognition of a participant-funded transmission system upgrade pursuant to Appendix C of this Market Rule. Incremental ARR Holder is an entity which is the record holder of an Incremental Auction Revenue Right in the register maintained by the ISO. Incremental Cost of Reliability Service is described in Section III.13.2.5.2.5.2 of Market Rule 1. Independent Transmission Company (ITC) is a transmission entity that assumes certain responsibilities in accordance with Section 10.05 of the Transmission Operating Agreement and Information Request is a request from a potential Disputing Party submitted in writing to the ISO for access to Confidential Information. Initial Market Participant Financial Assurance Requirement is calculated for new Market Participants and Returning Market Participants, other than an FTR-Only Customer or a Governance Only Member, according to Section IV of the ISO New England Financial Assurance Policy.