Common use of Interim Installed Capacity Requirement Clause in Contracts

Interim Installed Capacity Requirement. The Interim Installed Capacity Requirement shall be determined as set forth in this section to establish the level of Capacity Resources that will provide an acceptable level of reliability consistent with the Reliability Principles and Standards. The Interim Installed Capacity Requirement (“IICR”) shall be determined for each Interval as: Where: FZAP = the forecast accounting peak for the ComEd Zone for such Interval, which shall be the weather-normalized, 50/50 probability load prior to interruptible load being curtailed IRM = the installed reserve margin applicable to such Interval, for which purpose, the PJM Board shall determine an installed capacity reserve margin for the summer-season Interval, and a separate installed capacity reserve margin for the non-summer-season Intervals

Appears in 6 contracts

Samples: Reliability Assurance Agreement (Ohio Power Co), Reliability Assurance Agreement (Appalachian Power Co), Reliability Assurance Agreement (Columbus Southern Power Co /Oh/)

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