Common use of Forecast Pool Requirement To Be Determined Annually Clause in Contracts

Forecast Pool Requirement To Be Determined Annually. Eleven months in advance of each Planning Period based on the projections described in section C of this Schedule, the PJM Board, acting upon the recommendation of the Members Committee, shall establish the Forecast Pool Requirements for the Parties for such Planning Period annually before June 30. Unless otherwise agreed by the PJM Board, the Forecast Pool Requirement for such Planning Period shall be considered firm and not subject to re-determination thereafter; provided, however, that the Forecast Pool Requirement (including the ALM Factor and the installed reserve margin) shall be revised, to the extent determined necessary by the PJM Board, to reflect the addition of a new transmission owner zone to the PJM Region, with such revision to be effective on the first day of the first Interval that is at least three months after the date of such addition; and provided further that in such cases the PJM Board may in its discretion direct that the revised Forecast Pool Requirement (including the ALM Factor and the installed reserve margin) may be implemented in the added transmission owner zone effective upon the date of its integration into the PJM Region, notwithstanding that such revised Forecast Pool Requirement otherwise shall take effect in the remainder of the PJM Region at a later time in accordance with the foregoing proviso.