Transmission Services

Non-Firm Point-to-Point Transmission Service

▶  Practice Flashcards

Definition

Point-to-Point Transmission Service that is available on an as-available basis and subject to curtailment by the Transmission Provider at any time, without liability. Non-firm service is priced lower than firm service to reflect its interruptible nature and is typically used for short-term, opportunistic transactions when firm capacity is unavailable or not required by the transaction.

📚

Topic Deck

Transmission Services

🔗

Source

FERC Pro Forma OATT / LGIP

Ready to test yourself?

Practice this term with interactive flashcards

▶  Open Flashcard Trainer

Related Terms in Transmission Services

Annual Transmission Revenue Requirement (ATRR)

The total annual revenue a Transmission Provider is authorized to collect from Network...

Assignee

Under §23.1 of the OATT, the Eligible Customer that acquires all or a portion of a...

Curtailment

A reduction in the scheduled capacity or energy delivery of a Transmission Customer,...

Delivering Party

The entity supplying capacity and energy to be transmitted at Point(s) of Receipt...

Firm Point-to-Point Transmission Service

The highest-priority class of Point-to-Point Transmission Service, under which the...

Interruption

A reduction in non-firm transmission service due to economic reasons, as distinct from...
View all 28 terms in Transmission Services →