Planning Resource Auction definition
Examples of Planning Resource Auction in a sentence
In addition, the Seller shall pay to Buyer all penalties and/or charges assessed to Buyer (either directly or through contractual obligation) resulting directly from Seller’s failure to deliver all or part of the Product; provided, however, that Seller shall not be liable for any Capacity Deficiency Charges or similar penalties assessed to Buyer resulting from ▇▇▇▇▇’s election to become deficient in the Planning Resource Auction.
In addition, the Seller shall pay to Buyer all penalties and/or charges assessed to Buyer (either directly or through contractual obligation) resulting directly from Seller’s failure to deliver all or part of the Product or due to all or part of the Product being invalid or ineligible; provided, however, that Seller shall not be liable for any Capacity Deficiency Charges or similar penalties assessed to Buyer resulting from ▇▇▇▇▇’s election to become deficient in the Planning Resource Auction.
Seller shall include such amount on the Monthly Invoice for the month in which the results of such Planning Resource Auction are published by MISO, and such amount shall be payable according to Article XI.
In addition, the Seller shall pay to Buyer all penalties and/or charges assessed to Buyer (either directly or through contractual obligation) resulting directly from Seller’s failure to deliver all or part of the Product; provided, however, that Seller shall not be liable for any Capacity Deficiency Charges or similar penalties assessed to Buyer resulting from Buyer’s election to become deficient in the Planning Resource Auction.
The extent to which Planning Resource Auction (“PRA”) benefits are able to be achieved for the additional capacity plus reserves will depend on the schedule for the auctions.
If the MISO Planning Resource Auction Clearing Price is used for the capacity payment, the Planning Resource Auction Clearing Price shall be the rate of compensation on a $/ZRC-month basis for capacity during the months in which the Planning Resource Auction Clearing Price applies.
In addition, the Seller shall pay to Buyer all Financial Settlement Charges (as such term is defined in the MISO Documents) and other penalties and/or charges assessed to Buyer (either directly or through contractual obligation) resulting directly from Seller’s failure to deliver all or part of the Product; provided, however, that Seller shall not be liable for any Capacity Deficiency Charges assessed to Buyer resulting from ▇▇▇▇▇’s election to become deficient in the Planning Resource Auction.
Participant may also offer, from the SSR Unit(s), Zonal Resource Credits into the Planning Resource Auction or include the SSR Unit(s) in a Fixed Resource Adequacy Plan pursuant to the terms of the Tariff.
For each of the 2013/2014, and 2014/2015 MISO Planning Years, the Capacity Price was the Auction Clearing Price for MISO Zone 4 in the MISO Planning Resource Auction for such MISO Planning Year.
In addition, the Seller shall pay to Buyer all penalties and/or charges assessed to Buyer (either directly or through contractual obligation) resulting directly from Seller’s failure to deliver all or part of the Product or due to all or part of the Product being invalid or ineligible; provided, however, that Seller shall not be liable for any Capacity Deficiency Charges or similar penalties assessed to ▇▇▇▇▇ resulting from ▇▇▇▇▇’s election to become deficient in the Planning Resource Auction.