NYISO Tariffs --> Market Administration and Control Area Services Tariff (MST) --> 21 MST Attachment F - Temporary Bid Caps
Except as noted below, all capitalized terms used in Attachment F shall have the meanings specified in Article 2 of the ISO Services Tariff, or in Section 1 of the ISO OATT. In addition, the following terms, which are not defined in the ISO Tariffs, shall have the meanings specified below.
“Bid Restriction” shall mean the maximum or minimum Bid Price that may be submitted in connection with certain Bids, as specified in Section 21.5 of this Attachment F.
“Emergency External Purchases” shall mean the purchase, by the ISO, of Capability or Energy from External Suppliers for the purpose of eliminating an Operating Reserve deficiency, as described in the ISO Procedures.
“Price Cap Load Bid” a Bid identifying the maximum price above which an Internal Load is not willing to be scheduled in the Day-Ahead Market.
During the period that this Attachment F is in effect, the provisions set forth herein shall be deemed incorporated by reference into every provision of the ISO Services Tariff affected by this Attachment F, including each of the ISO Services Tariff’s Rate Schedules and Attachments. In the event of a conflict between the terms of this Attachment F and the terms of any other provision of the ISO Services Tariff, the terms of Attachment F shall prevail.
Attachment F shall become effective on July 25, 2000 for Suppliers submitting Day-Ahead Bids to sell Energy in the July 26, 2000 Day-Ahead Market, and on July 26, 2000 for all other Suppliers and for any Demand Reduction Providers that submit Bids which are subject to Section 21.5 below.
21.4Establishment of Bid Restrictions
During the period that Attachment F is in effect, the Bid Restriction for all Bids referenced in Section 21.5.1 below shall be ± $1,000/MWh. If a Bid exceeds an applicable maximum Bid Restriction or is less than an applicable minimum Bid Restriction, the Bid shall be automatically rejected by the ISO.
21.5Applicability of Bid Restrictions
21.5.1The Bid Restriction established in Section 21.4 shall apply to Day-Ahead and real-time Energy Bids, Minimum Generation Bids, Decremental Bids, Price Cap Load Bids, Sink Price Cap Bids and real-time CTS Interface Bids , as applicable. All Suppliers and Demand Side Resources, whether External or Internal to the NYCA, shall be subject to a Bid Restriction for all Bids specified herein.
21.5.2.The Bid Restriction established in Section 21.4 shall not apply to Ancillary Services Bids, Start-Up Bids or to any other Bid that is not specified in Section 21.5.1, provided however a Bid floor of $0.00 shall apply to Regulation Capacity Bids and Regulation Movement Bids. This Attachment F does not supercede the reference level calculation rule or special mitigation procedures applicable to 10-Minute Non-Synchronized Reserve Bids under Sections 23.3.1.4.4 and 23.5.3 of Attachment H to this ISO Services Tariff.
21.5.3Bid Restrictions shall not apply to Emergency External Purchases. Bids or Offers made in connection with External Emergency Purchases shall not establish market-clearing prices.
Effective Date: 10/22/2014 - Docket #: ER12-701-002 - Page 1