Computation of Installed Capability Responsibilities Sample Clauses

Computation of Installed Capability Responsibilities. (a) (1) At the conclusion of each month, the System Operator under the direction of the Participants Committee shall determine each Participant's tentative Installed Capability Responsibility in Kilowatts for such month in accordance with the following formula: X = (P(A-N)+Np)(1+T) - C(Dp) As used in this Section 12.2(a)(1), the symbols used in the formula and the additional symbols defined below have the following meanings: X is the Participant's tentative Installed Capability Responsibility for the month. P is the value of the Participant's fraction for the month as determined in accordance with the following formula: P = (Fp + Dp) / (F + D), wherein: Fp is the Participant's Adjusted Monthly Peak for the month less any Kilowatts received by such Participant pursuant to a contract of a type that traditionally has been treated by NEPOOL as a firm contract for the purposes of this Section prior to January 1, 1999, but which does not constitute a Firm Contract as defined in this Agreement. Dp is the Participant's actual or potential load reduction resulting from its NEPOOL Interruptible and Dispatchable Loads for the month. F is the aggregate for the month of the Adjusted Monthly Peaks for all Participants less any Kilowatts received by any Participant pursuant to a contract of a type that traditionally has been treated by NEPOOL as a firm contract for the purposes of this Section prior to January 1, 1999, but which does not constitute a Firm Contract as defined in this Agreement.
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Computation of Installed Capability Responsibilities. (a) (1) At the conclusion of each month, the Regional Market Operations Committee shall determine each Participant's tentative Installed Capability Responsibility in Kilowatts for such month in accordance with the following formula: X = (P(A-N)+Np)(1+T) As used in this Section 12.2(a)(1), the symbols used in the formula and the additional symbols defined below have the following meanings: X is the Participant's tentative Installed Capability Responsibility for the month. P is the value of the Participant's fraction for the month as determined in accordance with the following formula: P = Fp/F, wherein: Fp is the Participant's Adjusted Monthly Peak for the month less any Kilowatts received by such Participant pursuant to a contract of a type that traditionally has been treated by NEPOOL as a firm contract for the purposes of this Section prior to January 1, 1999, but which does not constitute a Firm Contract as defined in this Agreement. F is the aggregate for the month of the Adjusted Monthly Peaks for all Participants less any Kilowatts received by any Participant pursuant to a contract of a type that traditionally has been treated by NEPOOL as a firm contract for the purposes of this Section prior to January 1, 1999, but which does not constitute a Firm Contract as defined in this Agreement. A is the NEPOOL Objective Capability in megawatts for the month as fixed by the Management Committee pursuant to Section 6.14(e). N is the aggregate of the New Unit Adjustments for all Participants for the month as determined by the Regional Market Operations Committee in accordance with Section 12.2(a)(2). Np is the aggregate of the Participant's New Unit Adjustments for the month, as determined by the Regional Market Operations Committee, and is equal to the aggregate of the Participant's adjustments for each New Unit included in its Installed System Capability during the hour of the coincident The Participant's adjustment for each New Unit may be positive or negative and shall be the product of (i) the Participant's Installed Capability Entitlement in the New Unit during the hour of the coincident peak load
Sample 1
Computation of Installed Capability Responsibilities. (a) (1) At the conclusion of each month, the Regional Market Operations Committee shall determine each Participant's tentative Installed Capability Responsibility in Kilowatts for such month in accordance with the following formula: X = (P(A-N)+N{p})(1+T) + OTA As used in this Section 12.2(a)(1), the symbols used in the formula and the additional symbols defined below have the following meanings: X is the Participant's tentative Installed Capability Responsibility for the month. P is the value of the Participant's fraction for the month as determined in accordance with the following formula: P = F{p}/F, wherein: F{p} is the Participant's Adjusted Monthly Peak for the month. F is the aggregate for the month of the Adjusted Monthly Peaks for all Participants. A is the NEPOOL Objective Capability in megawatts for the month as fixed by the Management Committee pursuant to Section 6.14(e). N is the aggregate of the New Unit Adjustments for all Participants for the month as determined by the Regional Market Operations Committee in accordance with Section 12.2(a)(2). N{p} is the aggregate of the Participant's New Unit Adjustments for the month, as determined by the Regional Market Operations Committee, and is equal to the aggregate of the Participant's adjustments for each New Unit (as defined in Section 12.2(a)) included in its Installed System Capability during the hour of the coincident peak load of the Participants for the month. The Participant's adjustment for each New Unit may be positive or negative and shall be the product of (i) the Participant's Installed Capability Entitlement in the New Unit during the hour of the coincident peak load of the Participants for the month, times (ii) the New Unit Adjustment Factor applicable to the New Unit as determined in accordance with Section 12.2(a)(2). OTA is the Participant's Outside Transaction Adjustment for the month for all interfaces as determined in accordance with Section 12.2(a)(3). T is the Participant's Unit Availability Adjustment Factor for the month. T may be positive or negative and shall be determined in accordance with the following formula: T = (I-H) x J x R, wherein: 100 I for the Participant for the month is the percentage which represents the weighted average (using the Installed Capability of each Entitlement for such month for the weighting) of the Four Year Installed Capability Target Availability Rates of the Installed Capability Entitlements which are included in the Participant's Install...
Sample 1
Computation of Installed Capability Responsibilities. (a) (1) At the conclusion of each month, the System Operator under the direction of the Participants Committee shall determine each Participant's tentative
Sample 1
Computation of Installed Capability Responsibilities. (a) (1) At the conclusion of each month, the Regional Market Operations Committee shall determine each Participant's tentative Installed Capability Responsibility in Kilowatts for such month in accordance with the following formula: X = (P(A-N)+Np)(1+T) + OTA As used in this Section 12.2(a)(1), the symbols used in the formula and the additional symbols defined below have the following meanings: X is the Participant's tentative Installed Capability Responsibility for the month. P is the value of the Participant's fraction for the month as determined in accordance with the following formula: P = Fp/F, wherein: Fp is the Participant's Adjusted Monthly Peak for the month. F is the aggregate for the month of the Adjusted Monthly Peaks for all Participants. A is the NEPOOL Objective Capability in megawatts for the month as fixed by the Management Committee pursuant to Section 6.14(e). N is the aggregate of the New Unit Adjustments for all Participants for the month as determined by the Regional Market Operations Committee in accordance with Section 12.2(a)(2). Np is the aggregate of the Participant's New Unit Adjustments for the month, as determined by the Regional Market Operations Committee, and is equal to the aggregate of the Participant's adjustments for each New Unit included in its Installed System Capability during the hour of the coincident The Participant's adjustment for each New Unit may be positive or negative and shall be the product of (i) the
Sample 1
Computation of Installed Capability Responsibilities. (a) (1) At the conclusion of each month, the Regional Market Operations Committee shall determine each Participant's tentative Installed Capability Responsibility in Kilowatts for such month in accordance with the following formula: X = (P(A-N)+N{p})(1+T) As used in this Section 12.2(a)(1), the symbols used in the formula and the additional symbols defined below have the following meanings:
Sample 1

Related to Computation of Installed Capability Responsibilities

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