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What is the overall market impact for PRR776: Automatic MCPE Adjustment During Intervals of Non-Spinning Reserve Service (NSRS) Deployment?

April 26, 2017adjustment automatic impact intervals market mcpe overall Reserve

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What is the overall market impact for PRR776: Automatic MCPE Adjustment During Intervals of Non-Spinning Reserve Service (NSRS) Deployment?

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PRR776 replaces the MCPE adjustment during intervals of Non-Spinning Reserve Service (NSRS) deployment after the Operating Day to Real-Time by applying a floor price to Off-line NSRS and a minimum Balancing Energy Service bid for NSRS provided by Balancing Energy Service Capable (BESCNSRS) resources. Market Participants offering Resources will be able to respond to prices in Real Time during periods of NSRS deployment.