Interface Pricing Point definition

Interface Pricing Point shall have the meaning specified in Operating Agreement, Schedule 1, section 2.6A, and the parallel provisions of Tariff, Attachment K-Appendix.
Interface Pricing Point shall have the meaning specified in section 2.6A.
Interface Pricing Point shall have the meaning specified in Operating Agreement, Schedule 1,

Examples of Interface Pricing Point in a sentence

  • PJM shall utilize the sensitivity of the Ttie Llines to an injection at each external pricing point to weight the node associated with that Ttie Lline in the Interface Pricing Point calculation, as more fully described in the PJM Manuals.

  • For each Interface Pricing Point, a set of Ttie Llines will be defined and each node in the interface definition will be assigned to a Ttie Lline.

  • We further find that the PJM Tariff authorizes PJM to use the source point or define the source Interface Pricing Point in a manner consistent with its current practice.

  • Transmission Congestion Charges shall be assessed for real-time transmission use in excess of the amounts scheduled for each hour in the Day-ahead Energy Market, calculated as the excess amount multiplied by the difference between the Real-time Congestion Price at the delivery point or the delivery Interface Pricing Point at the boundary of the PJM Region, and the Real-time Congestion Price at the source point or the source Interface Pricing Point at the boundary of the PJM Region.

  • Additionally, following the ATSI integration, the MICHFE Interface Pricing Point was eliminated, reducing the total number of real-time interface pricing points from 17 to 16.

  • Thus, PJM may determine the Interface Pricing Point by choosing a portion of an external balancing authority area such as MISO.

  • The monthly meter correction charge for Pseudo-Tie generator exports and unit-specific Dynamic Schedule exports out of the PJM Region shall be the product of the positive or negative deviation in energy amounts and the difference between the weighted average interface real-time Locational Marginal Price at the applicable Interface Pricing Point, and the generation weighted average Locational Marginal Price at that generator’s bus, for all hours of that month.

  • The Transmission Congestion Charge shall be the amount of Operating Margin purchased in an hour multiplied by the difference in the Locational Marginal Price at what would be the delivery Interface Pricing Point and the Locational Marginal Price at what would be the source Interface Pricing Point, if the operating contingency that was the basis for the purchase of Operating Margin had occurred in that hour.

  • This integration eliminated the OVEC Interface and the OVEC Interface Pricing Point from the real-time and day-ahead markets.

  • To the extent that the energy actually injected at a generation bus or Interface Pricing Point in any hour is less than the energy scheduled to be injected at that bus or point in the Day-ahead Energy Market, the Market Seller shall be debited for the difference at the Real-time Loss Price for the applicable bus or point at the time of the shortfall times the amount of the shortfall.

Related to Interface Pricing Point

  • Rating Point means the V&H coordinates associated with a particular telephone number for rating purposes.

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.

  • Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of these Credit Derivatives Auction Settlement Terms (expressed as a percentage, in increments equal to the Relevant Pricing Increment, of the outstanding principal balance, rather than the face amount, of Deliverable Obligations).

  • Standard Interface means an interface that either is an official standard defined by a recognized standards body, or, in the case of interfaces specified for a particular programming language, one that is widely used among developers working in that language.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.