Common use of Consequences of Deficiencies in Operable Capability Requirements Clause in Contracts

Consequences of Deficiencies in Operable Capability Requirements. (a) For each hour, the System Operator shall determine whether each Participant has satisfied its Operable Capability Requirement obligation for that hour. If the minimum Operable System Capability of a Participant during any hour was less than its Operable Capability Requirement, the number of Kilowatts of its deficiency shall be computed and the Participant shall be deemed to purchase from other Participants through NEPOOL Kilowatts of surplus Operable System Capability equal to the amount of its deficiency and shall pay for the hour any applicable uplift charge assessed under Section 14.15 and any applicable fees for services assessed pursuant to Section 19.2 plus the product of its ---- Kilowatt deficiency for the hour and the Operable Capability Clearing Price for the hour determined in accordance with Section 12.6(b). The minimum Operable System Capability of a Participant for an hour is equal to the Participant's lowest Operable System Capability at any time during the hour.

Consequences of Deficiencies in Operable Capability Requirements. (a) For each hour, the System Operator shall determine whether each Participant has satisfied its Operable Capability Requirement obligation for that hour. If the minimum Operable System Capability of a Participant during any hour was less than its Operable Capability Requirement, the number of Kilowatts of its deficiency shall be computed and the Participant shall be deemed to purchase from other Participants through NEPOOL Kilowatts of surplus Operable System Capability equal to the amount of its deficiency and shall pay for the hour any applicable uplift charge assessed under Section 14.15 and any applicable fees for services assessed pursuant to Section 19.2 plus PLUS the product of its ---- Kilowatt deficiency for the hour and the Operable Capability Clearing Price for the hour determined in accordance with Section 12.6(b). The minimum Operable System Capability of a Participant for an hour is equal to the Participant's lowest Operable System Capability at any time during the hour.

Consequences of Deficiencies in Operable Capability Requirements. (a) For each hour, the System Operator shall determine whether each Participant has satisfied its Operable Capability Requirement obligation for that hour. If the minimum Operable System Capability of a Participant during any hour was less than its Operable Capability Requirement, the number of Kilowatts of its deficiency shall be computed and the Participant shall be deemed to purchase from other Participants through NEPOOL Kilowatts of surplus Operable System Capability equal to the amount of its deficiency and shall pay for the hour any applicable uplift charge assessed under Section 14.15 and any applicable fees for services market-based charges assessed pursuant to Section 19.2 plus the product of its ---- Kilowatt deficiency for the hour and the Operable Capability Clearing Price for the hour determined in accordance with Section 12.6(b). The minimum Operable System Capability of a Participant for an hour is equal to the Participant's lowest Operable System Capability at any time during the hour.