INT-006 Evaluation of Interchange Transaction Flashcards
Interchange Transaction
an agreement that crosses one or more Balancing Authority Area boundaries to transfer energy from a seller to a buyer.
Interchange Schedule
An agreed upon Interchange Transaction size (MWs), start and end time, beginning and ending ramp times and rate, and type required for delivery and receipt of power and energy between the Source and Sink Balancing Authorities involved in the transaction.
Interchange Transaction Process
Five Step Process
1) Submission of Request for Interchange
2) Communicating of Interchange Details
3) Affected Entities Evaluate the Interchange
4) Transition to Confirmed Status
5) Implementation of Interchange
Types of Requests for Interchange
- On-time request
- Emergency request
- Reliability Adjustment
Available Transfer Capability (ATC)
the amount of transfer capability in the transmission network remaining for further commercial activity over and above already committed uses.