Load Shedding. The systematic reduction of system demand by temporarily decreasing Load in response to a transmission system or area Capacity shortage, system instability, or voltage control considerations under the ISO OATT. Local Furnishing Bonds. Tax-exempt bonds issued by a Transmission Owner under an agreement between the Transmission Owner and the New York State Energy Research and Development Authority (“NYSERDA”), or its successor, or by a Transmission Owner itself, and pursuant to Section 142(f) of the Internal Revenue Code, 26 U.S.C. § 142(f). Locality. A single LBMP Load Zone or set of adjacent LBMP Load Zones within one Transmission District within which a minimum level of Installed Capacity must be maintained. Local Reliability Rule. A Reliability Rule established by a Transmission Owner, and adopted by the NYSRC to meet specific reliability concerns in limited areas of the NYCA, including without limitation, special conditions and requirements applicable to nuclear plants and special requirements applicable to the New York City metropolitan area. Locational Based Marginal Pricing (“LBMP”). A pricing methodology under which the price of Energy at each location in the NYS Transmission System is equivalent to the cost to supply the next increment of Load at that location (i.e., the short-run marginal cost). The short-run marginal cost takes generation Bid Prices and the physical aspects of the NYS Transmission System into account. The short-run marginal cost also considers the impact of Out-of-Merit Generation (as measured by its Bid Price) resulting from the Congestion and Marginal Losses occurring on the NYS Transmission System which are associated with supplying an increment of Load. The term LBMP also means the price of Energy bought or sold in the LBMP Markets at a specific location.
Load Shedding. The systematic reduction of system demand by temporarily decreasing load in response to transmission system or area capacity shortages, system instability, or voltage control considerations under Part II or Part III of the Tariff.
Load Shedding. The Distributor may carry out Load Shedding in the following circumstances:
(a) Maintenance of Network equipment: if the Distributor wishes to inspect or effect alterations, maintenance, repairs, or additions to any part of the Network, subject to clauses 4.6, 4.8, 4.10, and Schedule 5 as applicable;
(b) Permitted by Service Standards: as permitted by the Service Standards, if the Customer has elected to receive an interruptible or otherwise non-continuous supply of electricity;
(c) Compliance with instructions from the System Operator:
(i) to comply with a request or instruction received from the System Operator in accordance with the Code; or
(ii) if communication with the System Operator has been lost, and the Distributor reasonably believes that, had communication with the System Operator been maintained, the Distributor would have received a request or instruction from the System Operator to shed load in accordance with the Code;
(d) Maintain security and safety: to maintain the security and safety of the Network in order to:
(i) maintain a safe environment, consistent with the Distributor's health and safety policies;
(ii) prevent unexpected short term overloading of the Network;
(iii) prevent voltage levels rising or falling outside of legal requirements;
(iv) manage System Security; and
(v) avoid or mitigate damage to the Network or any equipment connected to the Network;
(e) Compliance with the Code: to comply with the Code or the law; or
(f) Other circumstances: for any other purpose that, in the Distributor’s reasonable opinion, and in accordance with Good Electricity Industry Practice, requires the interruption or reduction of delivery of electricity to any ICP.
Load Shedding. (a) If at any time for any reason there is, or ActewAGL reasonably believes or anticipates that there may be, a failure of supply or shortfall in supply in or to any part of the Network, ActewAGL is entitled to curtail or interrupt the receipt, transportation or delivery of Gas and is entitled to implement Load Shedding.
(b) The User acknowledges that ActewAGL will determine whether to request a reduction or cessation of Load in accordance with the Load Shedding principles set out in the Operational Schedule.
(c) If ActewAGL notifies (including, for the purposes of this clause 23.4, notice given verbally) the User that:
(i) there has been a failure of sufficient supply in or to any part of the Network; or
(ii) that it has reasonable grounds to believe or anticipate that there may be a failure of sufficient supply in or to any part of the Network, the User will use best endeavours to ensure that there is a cessation or reduction of Load at the User’s Delivery Points in the affected Network Section in accordance with the directions of ActewAGL.
(d) At the same time as or following notification to the User under clause 23.4(c), ActewAGL will determine the Load Shedding Priority up to which Load must be reduced or cease and notify the User as soon as practicable of the Load Shedding Priority and Load Types that must be reduced or cease (at the direction of ActewAGL).
(e) ActewAGL may at any time change the Load Shedding Priority up to which Load must be reduced or cease and notify the User as soon as practicable of any such change.
(f) The User acknowledges and agrees that immediately after notifying the User of the applicable Load Shedding Priority in accordance with clauses 23.4(d) or 23.4(e), ActewAGL is entitled to contact the User's Customers at Delivery Points with relevant Load Types and direct those Customers to cease or reduce their consumption of Gas in accordance with the directions of ActewAGL.
(g) ActewAGL may instruct those Customers whose ELMS Data shows Load Types at Load Shedding Priorities up to and including the Load Shedding Priority nominated by ActewAGL under clause 23.4(d) or 23.4(e) to cease withdrawing, taking or using Gas for each of those Load Types or reduce Loads to a lesser Quantity of Gas specified by ActewAGL.
(h) The User must use best endeavours to ensure that each of its Customers complies with any direction given to it by the User or ActewAGL to cease or reduce Load under this clause 23.4.
(i) Unless otherwise directed by Ac...
Load Shedding. The systematic reduction of system demand by temporarily decreasing Load in response to a transmission system or area Capacity shortage, system instability, or voltage control considerations under the ISO OATT.
Load Shedding. The Distributor may carry out Load Shedding in any of the following circumstances:
(a) Maintenance of Network equipment: if the Distributor wishes to inspect or effect alterations, maintenance, repairs or additions to any part of the Network, subject to clauses 5.5 and 5.8 and schedule 5 as applicable.
(b) Provision of supply within the Service Standards: as permitted by the Service Standards, if the Consumer has elected to receive an interruptible or otherwise non-continuous supply of electricity.
(c) Compliance with instructions from the System Operator:
(i) to comply with a request or instruction received from the System Operator in accordance with the Code; or
(ii) if communication with the System Operator has been lost, and the Distributor reasonably believes that, had communication with the System Operator been maintained, the Distributor would have received a request or instruction from the System Operator to shed load in accordance with the Code.
(d) Maintain security and safety: to maintain the security and safety of the Network in order to:
(i) maintain a safe environment (including for the purpose of maintaining public health and safety), consistent with the Distributor's health and safety policies;
(ii) prevent unexpected short term overloading of the Network;
(iii) prevent voltage levels rising or falling outside of statutory requirements;
(iv) manage System Security; and/or
(v) avoid or mitigate damage to the Network or any equipment connected to the Network.
(e) Compliance with the Code: to comply with the Code or any other legislative requirements.
Load Shedding. The Distributor may carry out Load Shedding in the following circumstances:
Load Shedding. The systematic reduction of system demand by temporarily decreasing load in response to transmission system or area capacity shortages, system instability, or voltage control considerations under Part II or Part III of the Tariff. Modifications or additions of facilities to xxxxx any local thermal loading, voltage, short circuit, stability or similar engineering problem caused by the interconnection and delivery of generation to the Transmission System. Local Upgrades shall include:
Load Shedding. (a) The Embedded Network Operator will be subject to Load Shedding arrangements. The Embedded Network Operator must have facilities available to it to reduce or discontinue the withdrawal of Gas if called upon to do so.
(b) Unless there is an agreement on Load Shedding between the Service Provider and the Embedded Network Operator, all load of the Embedded Network Operator will be subject to Load Shedding priority 2 as described in Schedule 6. Network transportation services for the delivery of Gas to the Embedded Network Delivery Point will be subject to the same Load Shedding priority.
(c) The Embedded Network Operator will participate in gas balancing arrangements if required.
Load Shedding. (a) If at any time for any reason there is, or the Service Provider reasonably believes or anticipates that there may be, a failure of supply or shortfall in supply in or to any part of the Network, the Service Provider is entitled to curtail or interrupt the receipt, transportation or delivery of Gas and is entitled to implement Load Shedding.
(b) The User acknowledges that the Service Provider will determine whether to request a reduction or cessation of Load in accordance with the Load Shedding principles set out in the Operational Schedules.
(c) If the Service Provider notifies (including, for the purposes of this clause 25.4, notice given verbally) the User that:
(i) there has been a failure of sufficient supply in or to any part of the Network; or
(ii) that it has reasonable grounds to believe or anticipate that there may be a failure of sufficient supply in or to any part of the Network, the User is solely responsible for ensuring that there is a cessation or reduction of Load at the User’s Delivery Points in the affected Network Section in accordance with the directions of the Service Provider.
(d) At the same time as or following notification to the User under clause 25.4(c), the Service Provider at its sole discretion will determine the Load Shedding Priority up to which Load must be reduced or cease and notify the User as soon as practicable of the Load Shedding Priority and Load Types that must be reduced or cease (at the direction of the Service Provider).
(e) The Service Provider may at any time and at its absolute discretion change the Load Shedding Priority up to which Load must be reduced or cease and notify the User as soon as practicable of any such change.
(f) The User acknowledges and agrees that immediately after notifying the User of the applicable Load Shedding Priority in accordance with clauses 25.4(d) or 25.4(e), the Service Provider is entitled to contact the User's Customers at Delivery Points with relevant Load Types and direct those Customers to cease or reduce their consumption of Gas in accordance with the directions of the Service Provider.
(g) The Service Provider may instruct those Customers whose ELMS Data shows Load Types at Load Shedding Priorities up to and including the Load Shedding Priority nominated by the Service Provider under clause 25.4(d) or 25.4(e) to cease withdrawing, taking or using Gas for each of those Load Types or reduce Loads to a lesser Quantity of Gas specified by the Service Provider.
(h) The Use...
