Examples of Market Participant in a sentence
The participating resource or a third party designated by the resource, that is certified by the CAISO and enters into the pro forma EIM Participating Resource Scheduling Coordinator Agreement under which it is a Scheduling Coordinator and Market Participant and is responsible for meeting the requirements specified in Tariff Section 29 on behalf of the resource.
A resource that (1) can deliver energy, curtailable demand, demand response services, or similar services; (2) is located within an EIM Entity Balancing Authority Area; (3) is eligible to be, and elects to participate in the EIM as, a Market Participant, and that enters into the pro forma EIM Participating Resource Agreement under which it is responsible for meeting the requirements specified in Section 29.
The CAISO will allocate the Administrative Charge to each EIM Market Participant according to the sum of (A) the greater of the gross imbalance energy of the EIM Market Participant’s supply and five- percent of the EIM Market Participant’s gross supply, and (B) the greater of the gross imbalance energy of the EIM Market Participant’s demand and five percent of the EIM Market Participant’s gross demand.