Interchange Schedule definition

Interchange Schedule means an agreed-upon Interchange Transaction size (megawatts), start and end time, beginning and ending ramp times and rate, and type required for delivery and receipt of power and energy between the Source and Sink Balancing Authorities involved in the transaction.**
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Examples of Interchange Schedule in a sentence

  • Adjacent Balancing Authority Areas shall operate to a common Net Interchange Schedule and Actual Net Interchange value and shall record these hourly quantities, with like values but opposite sign.

  • For Existing Rights that permit Interchange Schedule changes after the Market Close of the Day-Ahead Market, the CAISO will reserve transmission capacity equal to the unscheduled ETC amount of transmission capacity for that Scheduling Point.

  • For Existing Rights that permit Interchange Schedule changes over Scheduling Points with other Balancing Authority Areas, the CAISO will reserve transmission capacity equal to the Existing Rights transmission capacity and make a corresponding adjustment in its determination of ATC.

  • The Sink Balancing Authority shall have evidence such as dated and time-stamped electronic logs or other evidence that a Request for Interchange was submitted reflecting that Interchange Schedule within 60 minutes of the start of any scheduled Interchange that was directed by a Reliability Coordinator for actual or anticipated reliability-related reasons.

  • Each Sink Balancing Authority shall ensure that a Request for Interchange is submitted reflecting that Interchange Schedule within 60 minutes of the start of the scheduled Interchange if a Reliability Coordinator directs the scheduling of Interchange for actual or anticipated reliability-related reasons.

  • Each Balancing Authority shall compute its Inadvertent Interchange based on the following: (Violation Risk Factor: Lower)R4.1. Each Balancing Authority, by the end of the next business day, shall agree with its Adjacent Balancing Authorities to: (Violation Risk Factor: Lower)R4.1.1. The hourly values of Net Interchange Schedule.

  • This is an optional step in creating an Interchange Schedule since ExSchedule has the capability to reserve ramp on the participant’s behalf when the Tag is validated against PJM’s business rules.

  • PJM has developed the ExSchedule application in order to facilitate the utilization of Tags as a primary source of Interchange Schedule data.

  • In cases where the Tag does not have the required fields to request a PJM market-specific transaction (e.g. Dispatchable Interchange Schedule, Day-ahead Bid, etc.) the ExSchedule application must be used in concert with the Tag (see “Dispatchable Interchange Schedules” and “Day-ahead Bids” sections).

  • The CAISO may test the Non-Spinning Reserve capability of a resource that is not Curtailable Demand by issuing unannounced Dispatch Instructions requiring the resource to come on line and ramp up or, in the case of a Proxy Demand Resource, to reduce Demand, or, in the case of a System Resource, to affirmatively respond to Real-Time Interchange Schedule adjustment; all in accordance with the Scheduling Coordinator’s Bid.

Related to Interchange Schedule

  • Interchange means the electronic exchange of Data between the Parties using the Adopted Protocol;

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.