Coordinated Emergency Generation Redispatch. The Parties shall follow a security constrained, least-cost dispatch protocol in response to system emergencies, and the costs thereof shall be reflected in, and compensated through, relative energy prices values. However, in the event that costs not cognizable under energy prices are incurred, the Party within which the affected resources are located shall reimburse such resource for direct incremental cost, subject to inter-Party reimbursement in the event that the costs incurred by one Party were caused by a system emergency in the other Party. Additionally, in the absence of the need to coordinate congestion or address a system emergency, a Party shall be entitled to request that the other Party dispatch a generation unit, subject to the Parties’ agreement with respect to compensation for the dispatch.
Appears in 6 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement
