Class cim:CRR

Class [owl:Class]
Congestion Revenue Rights (CRR) class that is inherited from a Document class. A CRR is a financial concept that is used to hedge congestion charges. The CRR is usually settled based on the Locational Marginal Prices (LMPs) that are calculated in the day-ahead market. These LMPs are determined by the Day-ahead resource schedules/bids. CRRs will not hedge against marginal losses. If the congestion component of LMP at the sink is greater than at the source, then the CRR owner is entitled to receive a portion of congestion revenues. If the congestion component at the sink is less than at the source, then an obligation-type CRR owner will be charged, but an option-type CRR owner will not.
cim:CRR.tradeSliceID max 1 string
cim:CRR.timeOfUse max 1 cim:TimeOfUse
cim:CRR.hedgeType max 1 cim:CRRHedgeType
cim:CRR.cRRtype max 1 cim:CRRSegmentType
cim:CRR.cRRcategory max 1 cim:CRRCategoryType

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