Outage. [T] Final Bill Determinant A Bill Determinant that represents the Billable Quantity, Settlement Amount, and Billable Price for a Charge Code. Final Invoice The invoice due from a RMR Owner to the CAISO at termination of the RMR Contract. [T] Final NERC/WECC A final invoice issued by the CAISO that reflects an allocation of NERC/WECC Charge Invoice Charges to a Scheduling Coordinator based on the Final NERC/WECC Charge Rate for the NERC/WECC Charge Assessment Year. [T] Final NERC/WECC The rate to be paid by Scheduling Coordinators for NERC/WECC Charges Charge Rate based on the WECC invoice to the CAISO for NERC/WECC Charges for a given year and on the NERC/WECC Metered Demand for the NERC/WECC Charge Assessment Year. [T] Financial Clearing The business functions and processes used to transfer amounts payable from/to Business Associates through bank accounts authorized by the CAISO Tariff. Financial Security Any of the types of financial instruments listed in Section 12 that are posted by a Market Participant, CRR Holder or Candidate CRR Holder. [T] Financial Security The level of Financial Security posted in accordance with Section 12 by a Amount Market Participant, CRR Holder or Candidate CRR Holder. [T] Firm Liquidated A contract utilizing or consistent with Service Schedule C of the Western Damages Contract Systems Power Pool Agreement or the Firm Liquidated Damages product of the Edison Electric Institute pro forma agreement, or any other similar firm Energy contract that does not require the seller to source the Energy from a particular unit, and specifies a delivery point internal to the CAISO Balancing Authority Area. [T] CRRs Congestion Revenue Rights that are used in the running of an SFT to represent encumbrances on the transmission system and which may include some or all of the following: previously allocated or awarded Monthly CRRs, Seasonal CRRs, Long Term CRRs, and Merchant Transmission CRRs, Existing Transmission Contracts, and Converted Rights. [T] Flexible Capacity The capacity of a resource that is operationally able to respond to Dispatch Instructions to manage variations in load and variable energy resource output. [T] Flexible Capacity The classification of Flexible Capacity as base ramping, peak ramping, or Category super-peak ramping based on the resource’s operational characteristics and
Outage. [T] Final Bill Determinant A Bill Determinant that represents the Billable Quantity, Settlement Amount, and Billable Price for a Charge Code. Final Invoice The invoice due from a RMR Owner to the CAISO at termination of the RMR Contract. [T] Final NERC/WECC Charge Invoice A final invoice issued by the CAISO that reflects an allocation of NERC/WECC Charges to a Scheduling Coordinator based on the Final NERC/WECC Charge Rate for the NERC/WECC Charge Assessment Year. [T] Final NERC/WECC Charge Rate The rate to be paid by Scheduling Coordinators for NERC/WECC Charges based on the WECC invoice to the CAISO for NERC/WECC Charges for a given year and on the NERC/WECC Metered Demand for the NERC/WECC Charge Assessment Year. [T] Financial Clearing The business functions and processes used to transfer amounts payable from/to Business Associates through bank accounts authorized by the CAISO Tariff. Financial Security Any of the types of financial instruments listed in Section 12 that are posted by a Market Participant, CRR Holder or Candidate CRR Holder. [T] Financial Security Amount The level of Financial Security posted in accordance with Section 12 by a Market Participant, CRR Holder or Candidate CRR Holder. [T] Firm Liquidated Damages Contract A contract utilizing or consistent with Service Schedule C of the Western Systems Power Pool Agreement or the Firm Liquidated Damages product of the Edison Electric Institute pro forma agreement, or any other similar firm Energy contract that does not require the seller to source the Energy from a particular unit, and specifies a delivery point internal to the CAISO Balancing Authority Area. [T] CRRs Congestion Revenue Rights that are used in the running of an SFT to represent encumbrances on the transmission system and which may include some or all of the following: previously allocated or awarded Monthly CRRs, Seasonal CRRs, Long Term CRRs, and Merchant Transmission CRRs, Existing Transmission Contracts, and Converted Rights. [T] Flexible Capacity The capacity of a resource that is operationally able to respond to Dispatch Instructions to manage variations in load and variable energy resource output. [T] Flexible Capacity Category The classification of Flexible Capacity as base ramping, peak ramping, or super-peak ramping based on the resource’s operational characteristics and
BPM_for_Defintions_and_Acronyms_V16_Clean.docx