Common use of Dynamic Schedule Clause in Contracts

Dynamic Schedule. Coordination of actual power flow across the DEP/PJM interface to reduce congestion will be accomplished by implementing a Dynamic Schedule between CPLE and PJM to move power across the interface. This process allows for settlement based on power deliveries and receipts, thereby avoiding modification to existing billing practices. DEP will increase/decrease generation to support a Dynamic Schedule change with a 50 MW maximum (or less if DEP generation cannot move 50 MW) every five minutes consistent with the PJM LMP value compared to the DEP cost and the ability of the DEP system to modify generation output. Any non-DNR day-ahead block schedule between PJM and DEP will be done using a Dynamic Interchange Schedule Tag. The actual power exchange will be implemented using a Dynamic Schedule based on current PJM congestion conditions (LMP).

Appears in 3 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

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Dynamic Schedule. Coordination of actual power flow across the DEPPEC/PJM interface to reduce congestion will be accomplished by implementing a Dynamic Schedule between CPLE and PJM to move power across the interface. This process allows for settlement based on power deliveries and receipts, thereby avoiding modification to existing billing practices. DEP PEC will increase/decrease generation to support a Dynamic Schedule change with a 50 MW maximum (or less if DEP PEC generation cannot move 50 MW) every five minutes consistent with the PJM LMP value compared to the DEP PEC cost and the ability of the DEP PEC system to modify generation output. Any non-DNR day-ahead block schedule between PJM and DEP PEC will be done using a Dynamic Interchange Schedule Tag. The actual power exchange will be implemented using a Dynamic Schedule based on current PJM congestion conditions (LMP).. Effective Date: 9/17/2010 - Docket #: ER10-2746-000

Appears in 1 contract

Samples: Joint Operating Agreement

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