Examples of Regulation Down in a sentence
Energy from dispatched ancillary services is treated in the following manner, which is intended to mirror the ISO’s treatment of such Energy: (a) Energy from dispatched Spin, Non-Spin, or Replacement Reserves is treated as ISO instructed Energy (see below); (b) Energy from dispatched Regulation UP or Regulation Down is treated as Uninstructed Supply Deviations (see below).
The Regulation Ancillary Services Settlement (“RAS”) will be calculated as follows: RAS = ∑ (RDASPi + RUASPi ) where, ∑ = for day d, the sum from i = 1 to z, where z is ___ hours [insert the number of hours of duration of the Project]; RDASPi = the largest i Regulation Down Day-Ahead Price for all Settlement Periods in a day; RUASPi = the largest i Regulation Up Day-Ahead Price for all Settlement Periods in a day.
The ISO also proposes to add the word “the” before “CAISO.” The ISO is also proposing to remove language related to rescission payments for Regulation Up and Regulation Down Capacity as the ISO does not calculate rescission payments for Regulation Up or Regulation Down on the T+3B Settlement Statements.
To the extent that a Scheduling Coordinator self-provides Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve, the CAISO shall correspondingly reduce the quantity of the Ancillary Services it procures from Bids submitted in the IFM and the Real-Time Market.
T+3B * * * * (f) The CAISO will not estimate Unaccounted For Energy under Section 11.5.3, the rescission of payments for Regulation Up and Regulation Down Capacity under Section 8.10.8.6, Real-Time Imbalance Energy Offset adjustment under Section 11.5.4.1(c), allocation of RTM Bid Cost Up-lift adjustment under Section 11.8.6.3.2(vi), or MSS deviation payments under 11.7.1 for purposes of calculating Initial Settlement Statement T+3B.
The Regulation Ancillary Services Settlement (“RAS”) will be calculated as follows: RAS = ∑ (RDASPi + RUASPi ) where, ∑ = for day d, the sum from i = 1 to z, where z is ___ hours [insert the number of hours of duration of the Project]; RDASPi = the i largest Regulation Down Day-Ahead Price for all Settlement Periods in a day; RUASPi = the i largest Regulation Up Day-Ahead Price for all Settlement Periods in a day.
Each Scheduling Coordinator may choose to self-provide all, or a portion, of its Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve obligations in the IFM, and, to the extent needed to satisfy the CAISO’s additional requirement, the Real-Time Market, from resources eligible for self-provision, as may be permissible for any given Ancillary Service in these respective markets.