Common use of Firm Flow Determination Clause in Contracts

Firm Flow Determination. Firm Market Flows represent the directional sum of flows created by Designated Network Resources serving designated network loads within a particular market area. They are based primarily on the configuration of the system and its associated flow characteristics; utilizing generation and load values as its primary inputs. Therefore, these Firm Market Flows can be determined based on expected usage and the Allocation of Flowgate capacity. An entity can determine Firm Market Flows on a particular Flowgate using the same process as utilized by the IDC. This process is summarized below:

Appears in 4 contracts

Samples: Reliability Coordinator Agreement, Joint Operating Agreement, Joint Operating Agreement

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Firm Flow Determination. Firm Market Flows represent the directional sum of flows created by Designated Network Resources serving designated network loads within a particular market area. They are based primarily on the configuration of the system and its associated flow characteristics; utilizing generation and load values as its primary inputs. Therefore, these Firm Market Flows can be determined based on expected usage and the Allocation of Flowgate capacity. An entity can determine Firm Market Flows on a particular Flowgate using the same process as utilized by the IDC. This process is summarized below:

Appears in 1 contract

Samples: psc.ky.gov

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