Examples of Trading Hour in a sentence
The hourly RTM Bid Cost Uplift is allocated to the Scheduling Coordinator for NCPA as the MSS Aggregator that has elected to not follow its Load and gross Settlement, in proportion to NCPA’s MSS Measured Demand minus NCPA’s Measured Demand served solely by means of valid and balanced TOR Self-Schedules for the Trading Hour.
The hourly Net IFM Bid Cost Uplift is allocated to NCPA’s Scheduling Coordinator in proportion to NCPA’s MSS non-negative IFM Load Uplift Obligation, but with an IFM Bid Cost Uplift rate not exceeding the ratio of the hourly Net IFM Bid Cost Uplift for the Trading Hour divided by the sum of all hourly Generation scheduled in the Day-Ahead Schedule and IFM upward AS Awards for all Scheduling Coordinators from CAISO-committed Bid Cost Recovery Eligible Resources in that Trading Hour.
If, during any Trading Hour, the metered demand within an EIM Entity Balancing Authority Area is less than the base schedule of supply submitted by the EIM Entity by more than 5% but less than or equal to 10% and by at least 2 MW, the CAISO shall pay the Imbalance Energy at the EIM Entity Load Aggregation Point a price that is 75% of the hourly real-time Load Aggregation Point price.
The Net RTM Bid Cost Uplift for the Trading Hour shall be the product of the uplift ratio in Section 11.8.6.3 and the sum over all of the 5-minute Settlement Intervals of the Trading Hour of any positive Net RTM Bid Cost Uplift plus the sum of Settlement Interval on the Trading Hour of any EIM Transfer adjustment.
Trading Hour - The basic period of time in which electricity delivery or acceptance is contractually defined.