NYISO definition

NYISO means the New York Independent System Operator.

NYISO means the New York Independent System Operator, Inc. or any successor organization thereto.

NYISO shall have the meaning stated in the preamble of this Agreement.

Examples of NYISO in a sentence

• If necessary, NYSERDA shall adjust, including by means of set-off, payments to subsequent invoices consistent with adjustments by NYGATS based on NYISO or other local control area billing settlement true-up procedures, based on actual metered production data measured at the Delivery Point, actual and verified data reflecting compliance with the electricity delivery requirements set forth in Article III, and/or based on the number of ORECs Transferred.

• Such notice shall be provided reasonably promptly after, but in no event later than twenty-four (24) hours after, the outage or derating is reported to the NYISO.

• Seller agrees to provide notice to NYSERDA of any planned or unplanned outages or deratings of the Selected Project that are reportable to the NYISO.

• The Actual Production associated with the ORECs for a Selected Project interconnecting in a control area adjacent to the NYCA shall be scheduled, delivered to, and settled in the NYISO energy market in each hour via the NYISO or on a bilateral basis to a New York State load-serving entity or end user.

• This requirement encompasses Seller’s purchasing or arranging for all services including, without limitation, transmission, ancillary services, any control area services, line losses and transaction fees necessary to deliver energy to the New York Control Area, in accordance with all rules and protocols of the NYISO, throughout the Contract Delivery Term.

More Definitions of NYISO

NYISO means the New York Independent System Operator or any successor organization.

NYISO. The New York Independent System Operator, Inc. that administers the wholesale power markets in New York and manages the physical electrical operations of the New York Control Area (NYCA).

NYISO means the New York Independent System Operator, Inc., or any successor to its responsibilities or functions.

NYISO means the New York Independent System Operator, which operates the state of New York’s power grid and wholesale electricity markets;

NYISO shall have the meaning set forth in the recitals to this Agreement.

NYISO means an organization formed in accordance with orders of the Federal Energy Regulatory Commission to administer the operation of the transmission system of New York State, to provide equal access to the bulk power-transmission system and to maintain the reliability of the transmission system of New York State.

NYISO means the New York Independent System Operator or any successor thereto that administers the wholesale electricity markets in the State of New York substantially as a whole, including without limitation, any regional transmission organization so authorized by the FERC.