Direct NYISO/ISO-NE Emergency Energy Transaction Sample Clauses

Direct NYISO/ISO-NE Emergency Energy Transaction. These are requests made by either the NYISO or ISO-NE to receive Emergency Energy in support of Emergency conditions and to protect Reliability in the event that there is a need for energy on its system that could not be supplied through the market. The charge for Emergency Energy shall be calculated using the following two-part formula. The first part of the formula calculates the Energy Charge portion of the charge and the second part incorporates any Transmission Charge reasonably associated with the delivery of the Emergency Energy to the Delivery Point. The Energy Charge portion of the Emergency Energy Charge (for an hour) For NYISO as the delivering Party: The Energy Charge portion of the Emergency Energy Charge for an hour equals the sum of the Energy Charges for each real-time interval in the hour. The Energy Charge for each real-time interval = (Emergency Energy supplied in the real-time interval in megawatt hour(s) (“MWh”)) * (Delivering Party’s Cost of Energy in $/MWh) * 110% The Cost of Energy shall be the NYISO final real-time Locational Based Marginal Price (“LBMP”) at the external node associated with the Delivery Point (as used in the NYISO market system for energy exports from the NYISO Balancing Authority Area into the New England Balancing Authority Area, as such pricing node is defined in NYISO Tariffs and as summarized in Table 1), for the real-time interval of the Emergency Energy delivery. For purposes of this calculation, a real-time LBMP for an interval is set to $0.00 if the real-time LBMP in that interval was negative. For ISO-NE as the delivering Party: The Energy Charge portion of the Emergency Energy Charge for an hour equals the sum of the Energy Charges for each five minute settlement interval in the hour * 110%. For purposes of this calculation:
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Direct NYISO/ISO-NE Emergency Energy Transaction. These are requests made by either the NYISO or ISO-NE to receive Emergency Energy in support of Emergency conditions and to protect Reliability in the event that there is a need for energy on its system that could not be supplied through the market. The charge for Emergency Energy shall be calculated using the following two-part formula. The first part of the formula calculates the Energy Charge portion of the charge and the second part incorporates any Transmission Charge reasonably associated with the delivery of the Emergency Energy to the Delivery Point. The Energy Charge portion of the Emergency Energy Charge (for an hour) The Energy Charge portion of the Emergency Energy Charge for an hour = (Emergency Energy supplied in the hour in megawatthour(s) (“MWh”)) * (Delivering Party’s Cost of Energy in $/MWh) * 110% In the case of the NYISO as delivering Party, the Cost of Energy shall be the NYISO final external time-weighted/integrated real-time Locational Based Marginal Price (“LBMP”) at the external node associated with the Delivery Point (as used in the NYISO market system for energy exports from the NYISO Balancing Authority Area into the New England Balancing Authority Area, as such pricing node is defined in NYISO Tariffs and as summarized in Table 1), for the hour of the Emergency Energy delivery. In the case of ISO-NE as the delivering Party, the Cost of Energy shall be the ISO-NE final real-time integrated hourly Locational Marginal Price (“LMP”) at the external node associated with the Delivery Point (as used in the New England market system for energy exports from the New England Balancing Authority Area into the NYISO Balancing Authority Area, as such pricing node is defined in the ISO-NE Tariff and as summarized in Table 1), for the hour of the Emergency Energy delivery. Table 1 Delivery Points and Associated Pricing Nodes, as Modeled by the Delivering Party External Nodes for Pricing Node for the Delivering Party (as modeled in the Delivering Party’s system) Delivery Point Delivering Party: ISO-NE Delivering Party: NYISO NY/NE Northern AC Interconnection (excludes the NNC (or 1385 Cable) Intertie) .I.ROSETON 345 1 (4011) N.E._GEN_SANDY PD (24062) NNC Interconnection .I.NRTHPORT 1385 (4017) NPX_1385_GEN (323591) CSC Interconnection .I.SHOREHAM138 99 (4014) NPX_GEN_CSC (323557) The Transmission Charge portion of the Emergency Energy Charge (for an hour) The Transmission charge portion of the Emergency Energy Charge to the Delivery Point for a...
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Related to Direct NYISO/ISO-NE Emergency Energy Transaction

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