Trading Hub definition

Trading Hub. A virtual location in a given Load Zone, modeled as a Generator bus and/or Load bus, for scheduling Bilateral Transactions in which both the POI and POW are located within the NYCA. Trading Hub Energy Owner: A Customer who buys energy in a Bilateral Transaction in which the POW is a Trading Hub, or who sells energy in a Bilateral Transaction in which the POI is a Trading Hub. Transaction: The purchase and/or sale of Energy or Capacity, or the sale of Ancillary Services. A Transaction bid into the Energy market to sell or purchase Energy or to schedule a Bilateral Transaction includes a Point of Injection and a Point of Withdrawal.
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Trading Hub. A virtual location in a given Load Zone, modeled as a Generator bus and/or Load bus, for scheduling Bilateral Transactions in which both the POI and POW are located within the NYCA. Trading Hub Energy Owner: A Customer who buys energy in a Bilateral Transaction in which the POW is a Trading Hub, or who sells energy in a Bilateral Transaction in which the POI is a Trading Hub. Transaction: The purchase and/or sale of Energy or Capacity, or the sale of Ancillary Services.
Sample 1Sample 2Sample 3
Trading Hub means a point at which there is a regular market for the purchase and sale of goods of the same kind as the Goods, with multiple buyers and sellers, including: (a) major common carrier pipelines; and (b) public Terminals with water or common carrier pipeline access.
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Examples of Trading Hub in a sentence

  • Trading Hub Energy Owner: A Customer who buys energy in a Bilateral Transaction in which the POW is a Trading Hub, or who sells energy in a Bilateral Transaction in which the POI is a Trading Hub.

  • Each Trading Hub Energy Owner who bids a Bilateral Transaction into the Day-Ahead Market with a Trading Hub as its POI and has its schedule accepted by the ISO will pay the product of: (a) the Day-Ahead hourly zonal LBMP for the Load Zone associated with that Trading Hub; and (b) the Bilateral Transaction scheduled MW.

  • Trading Hub Energy Owner: A Customer who buys energy in a Bilateral Transaction in which the POW is a Trading Hub, or who sells energy in a Bilateral Transaction in which the POI is a Trading Hub.Transaction: The purchase and/or sale of Energy or Capacity, or the sale of Ancillary Services.

  • Each Trading Hub Energy Owner who bids a Bilateral Transaction into the Day-Ahead Market with a Trading Hub as its POW and has its schedule accepted by the ISO will be paid the product of: (a) the Day-Ahead hourly zonal LBMP for the Load Zone associated with that Trading Hub; and (b) the Bilateral Transaction scheduled MW.The ISO shall publish the Day-Ahead Settlement Load Zone LBMPs for each hour in the Dispatch Day.

  • The specification of seasons will be identical to the seasons used in the annual CRR Allocation, and the annual calculation of Existing Zone Generation Trading Hub weights will be performed in a timely manner to be coordinated with the annual CRR Allocation and CRR Auction processes.

  • The CAISO Market run will produce a Trading Hub price for each Settlement Period or Settlement Interval that is derived from the CAISO Market optimization based on the effectiveness of the Trading Hub aggregation in relieving congestion.

  • For an Eligible PNode or Eligible Aggregated PNode (other than a Default LAP or Trading Hub) associated with more than one physical supply resource, the CAISO will publish a locational limit that will be equal to the sum of the PMaxes of the physical supply resources.

  • Each Existing Zone Generation Trading Hub is comprised of an aggregation of PNodes for Generating Units within the corresponding Existing Zone.

  • All MWh quantities of Inter-SC Trades at Aggregated Pricing Nodes submitted to the CAISO for Settlement in the Day-Ahead Market shall be settled at the relevant Day-Ahead Aggregated Pricing Node price such as the Existing Zone (EZ) Generation Trading Hub price or LAP price.

  • For an Eligible PNode or Eligible Aggregated PNode (other than a Default LAP or Trading Hub) associated with more than one physical demand resource, the CAISO will publish a locational limit that will be equal to the forecast of the maximum MW consumption of the physical demand resources.

Related to Trading Hub

  • Trading Hours means the hours of trading as set forth on the Trading Platform for a particular Underlying Asset.

  • Trading Market means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time

  • Trading means and includes subscribing, buying, selling, dealing, or agreeing to subscribe, buy, sell, deal in any securities, and "trade" shall be construed accordingly.

  • Trading System means the Company’s electronic trade execution system that is used for the trading of Swaps, including the associated hardware, software, systems and communications links.

  • SME growth market means a MTF that is registered as an SME growth market in accordance with Article 35;

  • Trading Day means a day on which the principal Trading Market is open for trading.

  • Principal Trading Market means the Trading Market on which the Common Stock is primarily listed on and quoted for trading, which, as of the date of this Agreement and the Closing Date, shall be the Nasdaq Capital Market.

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Trading Disruption means any suspension of or limitation imposed on trading by the Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the Exchange or Related Exchange or otherwise (i) relating to the Share on the Exchange or (ii) in futures or options contracts relating to the Share on any Related Exchange.

  • Last Trading Day means, for a particular Contract, the last date on which that Contract may be traded on the Market.