Market Redesign and Technology Upgrade definition

Market Redesign and Technology Upgrade means the locational marginal pricing market system to be governed by the CAISO MRTU Tariff approved by FERC. “MWh” means megawatt-hour.
Sample 1Sample 2Sample 3
Market Redesign and Technology Upgrade means the locational marginal pricing market system to be governed by the CAISO MRTU Tariff approved by FERC.
Sample 1Sample 2Sample 3
Market Redesign and Technology Upgrade means the locational marginal pricing market system governed by the CAISO Tariff approved by the Federal Energy Regulatory Commission.
Sample 1Sample 2Sample 3

Examples of Market Redesign and Technology Upgrade in a sentence

  • The Market Redesign and Technology Upgrade (“MRTU”) Program is comprised of seven major system projects – (1) Integrated Forward Markets/Real-Time Market/Full Network Model (“IFM/RTM/FNM”), (2) Scheduling Infrastructure Business Rules (“SIBR”), (3) Congestion Revenue Rights (“CRR”),(4) Settlements and Market Clearing (“SaMC”), (5) Legacy Systems, (6) Master File Redesign (“MFRD”) and (7) Post Transaction Repository (“PTR”).

  • Payments for un-recovered bid costs for portions of Energy associated with bids above the Maximum Bid Level are subject to recall if such bids have not been adequately justified pursuant to Section 39.2.The settlement methodology set forth in this section will continue in effect until such time as the ISO implements a methodology for settling bids from System Resources as part of its Market Redesign and Technology Upgrade process.11.2.4.1.2 Penalties for Uninstructed Imbalance Energy.

  • To the best of our knowledge, our analysis in this section is the first study that addresses the bids; in particular demand bids; in CAISO after the market is upgraded to Market Redesign and Technology Upgrade (MRTU) in 2009.

  • The California Independent System Operator (Cal ISO) proposal for its electricity Market Redesign and Technology Upgrade (MRTU) builds on basic principles of efficient use of electric networks and the associated locational marginal pricing (LMP).

  • He offered to circulate any substantive information to all Members as it arose.

  • The California Independent System Operator (CAISO) has asked the Market Surveillance Committee (MSC) to comment on its proposal for market power mitigation and pricing for exceptional dispatch instructions.1 The current Market Redesign and Technology Upgrade (MRTU) tariff allows the ISO operators to issue Exceptional Dispatch (ED) instructions to move dispatchable resources that are necessary to maintain reliable real-time system operation that are not dispatched through the market software.

  • For that reason, under the 2008 Market Redesign and Technology Upgrade, the CAISO created both a real-time 5 minute dispatch market for clearing internal supply and demand for imbalance energy, as well as an Hour Ahead Scheduling Process in order to accommodate WECC rules governing the scheduling of imports from outside the ISO.

  • Upon implementation of the CAISO’s Market Redesign and Technology Upgrade (“MRTU”) project, the CAISO intends to factor the PIRP resource adequacy capacity when making Residual Unit Commitment (“RUC”) decisions to avoid over- procurement of resources.

  • As IID continues to participate in the Market Redesign and Technology Upgrade today, it can continue to do so and stand separate.

  • Market Redesign and Technology Upgrade The foregoing protocols are intended for implementation under the current CAISO electric market structure.


More Definitions of Market Redesign and Technology Upgrade

Market Redesign and Technology Upgrade the locational marginal pricing market system to be governed by the CAISO MRTU Tariff approved by the Federal Energy Regulatory Commission.
Sample 1Sample 2

Related to Market Redesign and Technology Upgrade

  • Development Phase means the period before a vehicle type is type approved.

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • Clean coal technology demonstration project means a project using funds appropriated under the heading “Department of Energy—Clean Coal Technology,” up to a total amount of $2,500,000,000 for commercial demonstration of clean coal technology, or similar projects funded through appropriations for the Environmental Protection Agency. The federal contribution for a qualifying project shall be at least 20 percent of the total cost of the demonstration project.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • Manufacturing Technology means any and all patents, patent applications, know-how, and all intellectual property rights associated therewith that are owned or controlled by Licensor, and including all tangible embodiments thereof, that are necessary or useful for the manufacture of adeno-associated viruses, adeno-associated virus vectors, research or commercial reagents related thereto, Licensed Products, or other products, including manufacturing processes, technical information relating to the methods of manufacture, protocols, standard operating procedures, batch records, assays, formulations, quality control data, specifications, scale up, any and all improvements, modifications, and changes thereto, and any and all activities associated with such manufacture. Any and all chemistry, manufacturing, and controls (CMC), drug master files (DMFs), or similar materials provided to regulatory authorities and the information contained therein are deemed Manufacturing Technology.

  • Research Use shall have the meaning given in Section 2.2.2 of this Agreement.

  • Third Party Components means software and interfaces, licensed by RIM from a third party for incorporation into a RIM software product, or for incorporation into firmware in the case of RIM hardware products, and distributed as an integral part of that RIM product under a RIM brand, but shall not include Third Party Software.

  • Design-build team means an entity that consists of:

  • Specified anatomical areas means and includes:

  • Development Area means that area to which a development plan is applicable.

  • Development Program means the implementation of the development plan.

  • TDP means “TDP” as that term is defined in the Second Amended Joint Plan or as that term is defined in any Plan confirmed by the Bankruptcy Court.

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • SAP Technology Solution(s means SAP NetWeaver Foundation for Third Party Applications, SAP Business Technology Platform (excluding when used solely as a Connectivity App between an SAP Application and ERP), SAP Signavio Solutions and SAP Process Insights (including any renamed, prior and/or successor versions of any of the foregoing made generally available by SAP if any but excluding when any of the foregoing are used as a User Interface for ERP.

  • Technology protection measure means a specific technology that blocks or filters Internet access to visual depictions that are:

  • Supplier Background IPR means Intellectual Property Rights owned by the Supplier before the Call Off Commencement Date, for example those subsisting in the Supplier's standard development tools, program components or standard code used in computer programming or in physical or electronic media containing the Supplier's Know-How or generic business methodologies; and/or Intellectual Property Rights created by the Supplier independently of this Call Off Contract,

  • Project IPR means all Intellectual Property Rights that arise or are obtained or developed by either party, or by a contractor on behalf of either party, in respect of the Deliverables in the course of or in connection with the Project;

  • Scope of Works means the sections of the RFQ detailing the technical requirements of the work to be carried out as existing at the Date of Acceptance of the Quotation and any modification of such Works thereafter directed or the use of which has been permitted by the Superintendent for the purposes of the Contract.

  • Collaboration Know-How means all Know-How conceived, discovered, developed or otherwise made by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing (solely or jointly by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing) in the course of [***].

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.

  • New Technology means any invention, discovery, improvement, or innovation that was not available to the District on the effective date of the contract, whether or not patentable, including, but not limited to, new processes, emerging technology, machines, and improvements to or new applications of existing processes, machines, manufactures and software. Also included are new computer programs, and improvements to, or new applications of, existing computer programs, whether or not copyrightable and any new process, machine, including software, and improvements to, or new applications of, existing processes, machines, manufactures and software.

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Technology startup company means a for profit business that

  • Development Tools means the development kits, programming tools, emulators and other materials that may be used in the development of Games under this Agreement.