Common use of Forgone Energy Calculation Clause in Contracts

Forgone Energy Calculation. ‌ (a) For each Settlement Period during the Support Period, the AESO will calculate the Forgone Energy for any Forgone Energy Settlement Interval which occurs during such Settlement Period in accordance with Section 7.2(b). Notwithstanding the foregoing sentence, if any Forgone Energy Settlement Interval relates to a Change in Law Constraint, the AESO shall only include such Settlement Interval in its Forgone Energy calculations if and to the extent that the Generator has delivered a notice and proposal to AESO in respect of the applicable Designated Change in Law pursuant to Section 12.2(f) which has been accepted by the AESO pursuant to Section 12.2(g) or in respect of which there has been a final determination in accordance with the dispute resolution procedures set forth in Article 19, and has provided the AESO with the relevant Generation Limit information and supporting documentation. (b) For any Forgone Energy Settlement Interval in respect of which there is: (i) a Transmission Constraint Directive, the amount of Forgone TC Energy for such Settlement Interval shall, subject to Section 7.2(b)(iii), be equal to the Potential Energy (Adjusted) for such Settlement Interval less the greater of: (A) the Metered Energy for such Settlement Interval; and (B) the Generation Limit Energy for such Settlement Interval; (ii) a Change in Law Constraint, the amount of Forgone CIL Energy for such Settlement Interval shall, subject to Section 7.2(b)(iii) and unless the Parties have otherwise agreed to deal with such Forgone CIL Energy in an alternative manner pursuant to Section 12.2(g), be equal to the Potential Energy (Adjusted) for such Settlement Interval less the greater of: (A) the Metered Energy for such Settlement Interval; and (B) the Generation Limit Energy for such Settlement Interval ; and (iii) both a Transmission Constraint Directive and a Change in Law Constraint, the total amount of Forgone Energy for such Settlement Interval shall equal to the Potential Energy (Adjusted) for such Settlement Interval less the greater of: (A) the Metered Energy for such Settlement Interval; and

Forgone Energy Calculation. ‌ (a) For each Settlement Period during the Support Period, the AESO will calculate the Forgone Energy for any Forgone Energy Settlement Interval which occurs during such Settlement Period in accordance with Section 7.2(b). Notwithstanding the foregoing sentence, if any Forgone Energy Settlement Interval relates to a Change in Law Constraint, the AESO shall only include such Settlement Interval in its Forgone Energy calculations if and to the extent that the Generator has delivered a notice and proposal to AESO in respect of the applicable Designated Change in Law pursuant to Section 12.2(f) which has been accepted by the AESO pursuant to Section 12.2(g) or in respect of which there has been a final determination in accordance with the dispute resolution procedures set forth in Article 19, and has provided the AESO with the relevant Generation Limit information and supporting documentation. (b) For any Forgone Energy Settlement Interval in respect of which there is: (i) a Transmission Constraint Directive, the amount of Forgone TC Energy for such Settlement Interval shall, subject to Section 7.2(b)(iii), be equal to the Potential Energy (Adjusted) for such Settlement Interval less the greater of: (A) the Metered Energy for such Settlement Interval; and (B) the Generation Limit Energy for such Settlement Interval; (ii) a Change in Law Constraint, the amount of Forgone CIL Energy for such Settlement Interval shall, subject to Section 7.2(b)(iii) and unless the Parties have otherwise agreed to deal with such Forgone CIL Energy in an alternative manner pursuant to Section 12.2(g), be equal to the Potential Energy (Adjusted) for such Settlement Interval less the greater of: (A) the Metered Energy for such Settlement Interval; and (B) the Generation Limit Energy for such Settlement Interval ; and (iii) both a Transmission Constraint Directive and a Change in Law Constraint, the total amount of Forgone Energy for such Settlement Interval shall equal to the Potential Energy (Adjusted) for such Settlement Interval less the greater of: (A) the Metered Energy for such Settlement Interval; and