Transmission Congestion Credit definition

Transmission Congestion Credit means the allocated share of total Transmission Congestion Charges credited to each holder of Financial Transmission Rights, calculated and allocated as specified in Section 5.2 of this Schedule.
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Transmission Congestion Credit means the allocated share of total Transmission Congestion Charges credited to each FTR Holder, calculated and allocated as specified in Operating Agreement, Schedule 1, section 5.2, and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.
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Transmission Congestion Credit means the allocated share of total Transmission Congestion Charges credited to each FTR Holder, calculated and allocated as specified in Section 5.2 of this Schedule.
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Examples of Transmission Congestion Credit in a sentence

  • If the Office of the Interconnection does not agree with the calculation, then it shall impose a forfeiture of Transmission Congestion Credit consistent with its determination.

  • If the Office of the Interconnection agrees with such calculation, then it shall impose the forfeiture of the Transmission Congestion Credit accordingly.

  • Financial Transmission Rights which have a negative Target Allocation value are assigned the full Target Allocation value as a negative Transmission Congestion Credit.

  • If the Office of the Interconnection imposes a forfeiture of the Transmission Congestion Credit in an amount that the Market Monitoring Unit disagrees with, then it may exercise its powers to inform Commission staff of its concerns and request an adjustment.

  • If the total of the Target Allocations is less than or equal to the total of the Day-ahead Energy Market Transmission Congestion Charges, the Transmission Congestion Credit for each entity holding an FTR shall be equal to its Target Allocation.


More Definitions of Transmission Congestion Credit

Transmission Congestion Credit means the allocated share of total Transmission Congestion Charges credited to each FTR Holder, calculated and allocated as specified in Section 5.2 of this Schedule. Transmission Customer: Any Eligible Customer (or its Designated Agent) that (i) executes a Service Agreement, or (ii) requests in writing that the Transmission Provider file with the Commission, a proposed unexecuted Service Agreement to receive transmission service under Part II of the Tariff. This term is used in the Part I Common Service Provisions and in Part VI to include customers receiving transmission service under Part II and Part III of this Tariff. Where used in Attachment K-Appendix of the Tariff or Schedule 1 of the Operating Agreement, Transmission Customer shall mean an entity using Point-to-Point Transmission Service. Transmission Facilities Transmission Facilities shall have the meaning set forth in the Operating Agreement. Transmission Forced Outage:
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Transmission Congestion Credit means the allocated share of total Transmission
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Transmission Congestion Credit means the allocated share of total Congestion Charges credited to each holder of Financial Transmission Rights, calculated and allocated as specified in Section 5.2 of this Document.
Sample 1
Transmission Congestion Credit means the allocated share of total Transmission Congestion Charges credited to each FTR Hholder of Financial Transmission Rights, calculated and allocated as specified in Section 5.2 of this Schedule.
Sample 1
Transmission Congestion Credit means the allocated share of total Transmission Congestion Charges credited to each FTR Holder, calculated and allocated as specified in Operating Agreement, Schedule 1, sSection 5.2, and the parallel provisions of Tariff, Attachment K-Appendix of this Schedule.
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Related to Transmission Congestion Credit

  • Transmission Reliability Margin or “TRM” shall mean the amount of transmission transfer capability necessary to provide reasonable assurance that the interconnected transmission network will be secure. TRM accounts for the inherent uncertainty in system conditions and the need for operating flexibility to ensure reliable system operation as system conditions change.

  • Transmission Interconnection Customer means an entity that submits an Interconnection Request to interconnect or add Merchant Transmission Facilities to the Transmission System or to increase the capacity of Merchant Transmission Facilities interconnected with the Transmission System in the PJM Region or an entity that submits an Upgrade Request for Merchant Network Upgrades (including accelerating the construction of any transmission enhancement or expansion, other than Merchant Transmission Facilities, that is included in the Regional Transmission Expansion Plan prepared pursuant to Operating Agreement, Schedule 6).

  • Transmission links are the means used for inter-connecting distributed units for the purpose of conveying signals, operating data or an energy supply. This equipment is generally electrical but may, in some part, be mechanical, pneumatic or hydraulic.

  • Transmission Loading Relief means NERC’s procedures for preventing operating security limit violations, as implemented by PJM as the security coordinator responsible for maintaining transmission security for the PJM Region.

  • Transmission Injection Rights means Capacity Transmission Injection Rights and Energy Transmission Injection Rights. Transmission Interconnection Customer:

  • Transmission pipeline means any high pressure transmission pipeline connected to, but excluding the Maui Pipeline, that is used for the open access transportation of Gas, and includes all items of plant, equipment, fixtures and fittings directly appurtenanced to that pipeline, but excluding any item which is controlled by a party other than that pipeline’s TP Welded Party and any low pressure distribution system.

  • Transmission Service means Point-To-Point Transmission Service provided under Tariff, Part II on a firm and non-firm basis.

  • Transmission line means any single or multiphase electric power line operating at nominal voltages at or in excess of either 69,000 volts between ungrounded conductors or 40,000 volts between grounded and ungrounded conductors, regardless of the functional service provided by the line.

  • Network Transmission Service means transmission service provided pursuant to the rates, terms and conditions set forth in Tariff, Part III, or transmission service comparable to such service that is provided to a Load Serving Entity that is also a Transmission Owner.

  • Transmission Provider means any entity or entities transmitting or transporting the Product on behalf of Seller or Buyer to or from the Delivery Point.

  • Transmission Charges means the charges payable to TSP by Long Term Transmission Customer(s) pursuant to the TSA, as adopted by the Appropriate Commission;

  • Transmission Facility means a facility for transmitting electricity, and includes any structures, equipment or other facilities used for that purpose as defined in the Parties respective XXXXx.

  • Transmission Services the services provided by the Transmission Provider(s) to the Distributor;

  • Merchant Transmission Facilities means A.C. or D.C. transmission facilities that are interconnected with or added to the Transmission System pursuant to Tariff, Part IV and Tariff, Part VI and that are so identified in Tariff, Attachment T, provided, however, that Merchant Transmission Facilities shall not include (i) any Customer Interconnection Facilities, (ii) any physical facilities of the Transmission System that were in existence on or before March 20, 2003 ; (iii) any expansions or enhancements of the Transmission System that are not identified as Merchant Transmission Facilities in the Regional Transmission Expansion Plan and Tariff, Attachment T, or (iv) any transmission facilities that are included in the rate base of a public utility and on which a regulated return is earned. Merchant Transmission Provider:

  • Transmission Operator means the entity responsible for the reliability of its “local” Transmission System, and that operates or directs the operations of the Transmission Facilities.

  • Merchant Transmission Provider means an Interconnection Customer that (1) owns, controls, or controls the rights to use the transmission capability of, Merchant D.C. Transmission Facilities and/or Controllable A.C. Merchant Transmission Facilities that connect the Transmission System with another control area, (2) has elected to receive Transmission Injection Rights and Transmission Withdrawal Rights associated with such facility pursuant to Tariff, Part IV, section 36, and (3) makes (or will make) the transmission capability of such facilities available for use by third parties under terms and conditions approved by the Commission and stated in the Tariff, consistent with Tariff, Part IV, section 38. Metering Equipment:

  • Transmission Facilities shall have the meaning set forth in the Operating Agreement. Transmission Injection Rights:

  • Network Integration Transmission Service means the transmission service provided under Tariff, Part III.

  • Transmission Licensee means any person who is authorised by a Transmission Licence to transmit electricity, acting in that capacity;

  • Transmission Withdrawal Rights means Firm Transmission Withdrawal Rights and Non- Firm Transmission Withdrawal Rights. APPENDIX 2 STANDARD CONSTRUCTION TERMS AND CONDITIONS Preamble The construction of any Interconnection Facilities required to interconnect a Customer Facility with the Transmission System shall be in accordance with the following Standard Construction Terms and Conditions.