Settlement Interval definition

Settlement Interval has the meaning set forth in the CAISO Tariff.
Settlement Interval means any one of the six ten (10) minute time intervals beginning on any hour and ending on the next hour (e.g. 12:00 to 12:10, 12:10 to 12:20, etc.).
Settlement Interval has the meaning set forth in the CAISO Tariff. “Settlement Period” has the meaning set forth in the CAISO Tariff.

Examples of Settlement Interval in a sentence

  • If, at any point in any Contract Year, the amount of Facility Energy plus the amount of Deemed Delivered Energy above the Curtailment Cap exceeds one hundred five percent (105%) of the Expected Energy for such Contract Year, the price to be paid for additional Facility Energy or Deemed Delivered Energy shall be equal to the lesser of (a) the Delivery Point LMP for the Real-Time Market for the applicable Settlement Interval or (b) fifty percent (50%) of the Contract Price, but not less than $0.00/MWh.

  • If during any Settlement Interval, the Facility Energy is greater than the product of the Guaranteed Capacity and the duration of the Settlement Interval, expressed in hours (“Excess MWh”), then the price applicable to all such Excess MWh in such Settlement Interval shall be zero dollars ($0), and if there is a Negative LMP during such Settlement Interval, Seller shall pay to Buyer an amount equal to the product of absolute value of the Negative LMP times such Excess MWh (“Negative LMP Costs”).


More Definitions of Settlement Interval

Settlement Interval has meaning set forth in the CAISO Tariff. “Settling Parties” has the meaning set forth in Recital B. “SGIA” (i.e., Small Generator Interconnection Agreement) means the form of Interconnection Request (as defined in the CAISO Tariff) pertaining to a Small Generating Facility (as defined in the CAISO Tariff), which is attached to the CAISO Tariff as Appendix T.
Settlement Interval means any one hourly time interval beginning on any hour and ending on the next hour
Settlement Interval means a "settlement interval" as defined in the ISO Glossary; "Settlement Period" means a "settlement period" as defined in the ISO Glossary;
Settlement Interval has the meaning set forth in the CAISO Tariff. “Shortfall Energy” has the meaning set forth in Section 9.1.
Settlement Interval has the meaning set forth in the Tariff.
Settlement Interval. = means a MISO 15 minute settlement interval
Settlement Interval means a ten (10) minute time interval beginning on the hour (e.g., 12:00 to 12:10, 12:10 to 12:20, etc.).