Market Flow Determination Sample Clauses

Market Flow Determination. Each RTO will independently calculate its Market Flow for all M2M Redispatch Flowgates and Other Coordinated Flowgates using the equations set forth in this Section. The Market Flow calculation is broken down into the following steps: Determine Shift Factors for M2M Redispatch Flowgates and Other Coordinated Flowgates Compute RTO Load and Losses (less imports) Compute RTO Generation (less exports) Compute RTO Generation to Load impacts on the Market Flow Compute RTO interchange scheduling impacts on the Market Flow Compute PAR impacts on the Market Flow Compute Market Flow
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Market Flow Determination. Each RTO will independently calculate its Market Flow for all M2M Flowgates using the equations set forth in this Section. The Market Flow calculation is broken down into the following steps:  Determine Shift Factors for M2M Flowgates  Compute RTO Load and Losses (less imports)  Compute RTO Generation (less exports)  Compute RTO Generation to Load impacts on the Market Flow  Compute RTO interchange scheduling impacts on the Market Flow  Compute PAR impacts on the Market Flow  Compute Market Flow
Market Flow Determination. The determination of Market Flows builds on the “Per Generator” methodologies that were developed by the NERC Parallel Flow Task Force. The “Per Generator Method Without Counter Flow” was presented to and approved by both the NERC Security Coordinator Subcommittee (SCS) and the Market Interface Committee (MIC). 1 This methodology is presently used in the IDC to determine NNL contributions. Similar to the Per Generator Method, the Market Flow calculation method is based on Generator Shift Factors (GSFs) of a market area’s assigned generation and the Load Shift Factors (LSFs) of its load on a specific Flowgate, relative to a system swing bus. The GSFs are calculated from a single bus location in the base case (e.g. the terminal bus of each generator) while the LSFs are defined as a general scaling of the market area’s load. The Generator to Load Distribution Factor (GLDF) is determined through superposition by subtracting the LSF from the GSF. The determination of the Market Flow contribution of a unit to a specific Flowgate is the product of the generator’s GLDF multiplied by the actual output (in megawatts) of that generator. The total Market Flow on a specific Flowgate is calculated in each direction; forward Market Flows is the sum of the positive Market Flow contributions of each generator within the market area, while reverse Market Flow is the sum of the negative Market Flow contributions of each generator within the market area. For purposes of the Market Flow determination, the market area may be the entire RTO footprint, as in the following illustration, or it may be a subset of the RTO region, such as a pre- integration NERC-recognized Control Area, as necessary to ensure accurate determinations and consistency with pre-integration flow determinations. In the latter case, the total market flow of an RTO shall be the sum of the flows from and between such market areas. 1 “ Parallel Flow Calculation Procedure Reference Document,” NERC Operating Manual. 11 Feb, 2003. <xxxx://xxx.xxxx.xxx/~oc/opermanl.html> The Market Flow calculation differs from the Per Generator Method in the following ways: • The contribution from all market area generators will be taken into account. • In the Per Generator Method, only generators having a GLDF greater than 5% are included in the calculation. Additionally, generators are included only when the sum of the maximum generating capacity at a bus is greater than 20 MW. The Market Flow calculations will use all flows, in...
Market Flow Determination. Each RTO will independently calculate its Market Flow for all M2M Flowgates using the equations set forth in this section. The Market Flow calculation is broken down into the following steps:
Market Flow Determination. ‌ The determination of Market Flows builds on the “Per Generator” methodologies that were developed by the NERC Parallel Flow Task Force. The “Per Generator Method Without Counter Flow” was presented to and approved by both the NERC Security Coordinator Subcommittee (SCS) and the Market Interface Committee (MIC). 1 This methodology is presently used in the IDC to determine NNL contributions. Similar to the Per Generator Method, the Market Flow calculation method is based on Generator Shift Factors (GSFs) of a market area’s assigned generation and the Load Shift Factors (LSFs) of its load on a specific Flowgate, relative to a system swing bus. The GSFs are calculated from a single bus location in the base case (e.g. the terminal bus of each generator) while the LSFs are defined as a general scaling of the market area’s load. The Generator to Load Distribution Factor (GLDF) is determined through superposition by subtracting the LSF from the GSF. The determination of the Market Flow contribution of a unit to a specific Flowgate is the product of the generator’s GLDF multiplied by the actual output (in megawatts) of that generator. The total Market Flow on a specific Flowgate is calculated in each direction; forward Market Flows is the sum of the positive Market Flow contributions of each generator within the market area, while reverse Market Flow is the sum of the negative Market Flow contributions of each generator within the market area.
Market Flow Determination. Each RTO will independently calculate its Market Flow for all M2M Flowgates using the equations set forth in this section. The Market Flow calculation is broken down into the following steps: • Determine Shift Factors for M2M Flowgates • Compute RTO Load and Losses (less imports) • Compute RTO Generation (less exports) • Compute RTO Generation to Load impacts on the Market Flow • Compute RTO interchange scheduling impacts on the Market Flow • Compute PAR impacts on the Market Flow • Compute Market Flow The Rockland Electric Company (“RECo”) load shall be excluded from the M2M Market Flows and M2M Entitlements until such time as the Parties reach agreement regarding how service to RECo load should be handled in the M2M coordination process. When the Parties reach an agreement, the Parties shall file for Commission acceptance the necessary revisions to this Agreement.
Market Flow Determination. The determination of Market Flows builds on the “Per Generator” methodologies that were developed by the NERC Parallel Flow Task Force. The “Per Generator Method Without Counter Flow” was presented to and approved by both the NERC Security Coordinator Subcommittee (SCS) and the Market Interface Committee (MIC).1 This methodology is presently used in the IDC to determine NNL contributions. Similar to the Per Generator Method, the Market Flow calculation method is based on Generator Shift Factors (GSFs) of a market area’s assigned generation and the Load Shift Factors (LSFs) of its load on a specific Flowgate, relative to a system swing bus. The GSFs are calculated from a single bus location in the base case (e.g. the terminal bus of each generator) while the LSFs are defined as a general scaling of the market area’s load. The Generator to Load Distribution Factor (GLDF) is determined through superposition by subtracting the LSF from the GSF.
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Market Flow Determination. The determination of Market Flows builds on the “Per Generator” methodologies that were developed by the NERC Parallel Flow Task Force. The “Per Generator Method Without Counter Flow” was presented to and approved by both the NERC Security Coordinator Subcommittee (SCS) and the Market Interface Committee (MIC).1 This methodology is presently used in the IDC to determine NNL contributions. Similar to the Per Generator Method, the Market Flow calculation method is based on Generator Shift Factors (GSFs) of a market area’s assigned generation and the Load Shift Factors (LSFs) of the market area’s load on a specific Flowgate, relative to a system swing bus. The GSFs are calculated from a single bus location in the base case (e.g., the terminal bus of each generator) while the LSFs are defined as a general scaling of the entire market area’s load. The Generator to Load Distribution Factor (GLDF) is determined through superposition by subtracting the LSF from the GSF. The determination of the Market Flow contribution of a unit to a specific Flowgate is the product of the generator’s GLDF multiplied by the actual output (in megawatts) of that generator. The total Market Flow on a specific Flowgate is calculated in each direction; forward Market Flow is the sum of the positive Market Flow contributions of each generator within the market area, while reverse Market Flow is the sum of the negative Market Flow contributions of each generator within the market area. 1 “Parallel Flow Calculation Procedure Reference Document,” NERC Operating Manual. 11 Feb, 2003. <xxxx://xxx.xxxx.xxx/~oc/opermanl.html> Therefore … (20) + (7.5) =
Market Flow Determination. Each RTO will independently calculate its Market Flow for all M2M Flowgates using the equations set forth in this section. The Market Flow calculation is broken down into the following steps: The Rockland Electric Company (“RECo”) load shall be excluded from the M2M Market Flows and M2M Entitlements until such time as the Parties reach agreement regarding how service to RECo load should be handled in the M2M coordination process. When the Parties reach an agreement, the Parties shall file for Commission acceptance the necessary revisions to this Agreement.

Related to Market Flow Determination

  • INDEPENDENT PRICE DETERMINATION 6.1 By signing and submitting this bid, the Bidder certifies that the prices in this bid have been arrived at independently, without consultation, communication or agreement, for the purpose of restricting competition, as to any matter relating to such prices with any other Bidder or with any competitor; unless otherwise required by law, the prices which have been quoted in this bid have not been knowingly disclosed by the Bidder prior to bid opening directly or indirectly to any other Bidder or to any competitor; no attempt has been made, or will be made, by the Bidder to induce any person or firm to submit, or not to submit, a bid for the purpose of restricting competition.

  • Certain Determinations (a) For purposes of determining compliance with any of the covenants set forth in Article V or Article VI (including in connection with any Incremental Facility) at any time (whether at the time of incurrence or thereafter), any Lien, Investment, Indebtedness, Disposition, Restricted Payment or Affiliate transaction meets the criteria of one, or more than one, of the categories permitted pursuant to Article V or Article VI (including in connection with any Incremental Facility), the Borrower (i) shall in its sole discretion determine under which category such Lien (other than Liens with respect to the Initial Term Loans), Investment, Indebtedness (other than Indebtedness consisting of the Initial Term Loans), Disposition, Restricted Payment or Affiliate transaction (or, in each case, any portion thereof) is permitted and (ii) shall be permitted, in its sole discretion, to make any redetermination and/or to divide, classify or reclassify under which category or categories such Lien, Investment, Indebtedness, Disposition, Restricted Payment or Affiliate transaction is permitted from time to time as it may determine and without notice to the Administrative Agent or any Lender. For the avoidance of doubt, if the applicable date for meeting any requirement hereunder or under any other Loan Document falls on a day that is not a Business Day, compliance with such requirement shall not be required until noon on the first Business Day following such applicable date. (b) Notwithstanding anything to the contrary herein, with respect to any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that does not require compliance with a financial ratio or test (including, without limitation, any Total Net Leverage Ratio, Consolidated Senior Secured Net Leverage Ratio, Consolidated Senior Secured First Lien Net Leverage Ratio and/or Interest Coverage Ratio) (any such amounts, the “Fixed Amounts”) substantially concurrently with any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that requires compliance with any such financial ratio or test (any such amounts, the “Incurrence Based Amounts”), it is understood and agreed that the Fixed Amounts (and any cash proceeds thereof) shall be disregarded in the calculation of the financial ratio or test applicable to the Incurrence Based Amounts in connection with such substantially concurrent incurrence, except that incurrences of Indebtedness and Liens constituting Fixed Amounts shall be taken into account for purposes of Incurrence Based Amounts other than Incurrence Based Amounts contained in Section 7.01 or Section 7.02. (c) Notwithstanding anything to the contrary herein, the ABL/Bond Intercreditor Agreement shall be deemed to be reasonable and acceptable to the Administrative Agent and the Lenders, and the Administrative Agent and the Lenders shall be deemed to have consented to the use of any such ABL/Bond Intercreditor Agreement (and to the Administrative Agent’s execution thereof) in connection with any Indebtedness permitted to be incurred, issued and/or assumed by the Borrower or any of its Subsidiaries pursuant to Section 7.01.

  • Expert Determination If a Dispute relates to any aspect of the technology underlying the provision of the Goods and/or Services or otherwise relates to a financial technical or other aspect of a technical nature (as the Parties may agree) and the Dispute has not been resolved by discussion or mediation, then either Party may request (which request will not be unreasonably withheld or delayed) by written notice to the other that the Dispute is referred to an Expert for determination. The Expert shall be appointed by agreement in writing between the Parties, but in the event of a failure to agree within ten (10) Working Days, or if the person appointed is unable or unwilling to act, the Expert shall be appointed on the instructions of the relevant professional body. The Expert shall act on the following basis: he/she shall act as an expert and not as an arbitrator and shall act fairly and impartially; the Expert's determination shall (in the absence of a material failure to follow the agreed procedures) be final and binding on the Parties; the Expert shall decide the procedure to be followed in the determination and shall be requested to make his/her determination within thirty (30) Working Days of his appointment or as soon as reasonably practicable thereafter and the Parties shall assist and provide the documentation that the Expert requires for the purpose of the determination; any amount payable by one Party to another as a result of the Expert's determination shall be due and payable within twenty (20) Working Days of the Expert's determination being notified to the Parties; the process shall be conducted in private and shall be confidential; and the Expert shall determine how and by whom the costs of the determination, including his/her fees and expenses, are to be paid.

  • Good Faith Determination The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement.

  • Board Determination The Board of Directors of Pubco has unanimously determined that the terms of the Exchange are fair to and in the best interests of Pubco and its shareholders.

  • Committee Determination Any adjustments or other action pursuant to this Section 4 shall be made by the Committee, and the Committee's determination as to what adjustments shall be made or actions taken, and the extent thereof, shall be final and binding.

  • Independent Evaluation Buyer is experienced and knowledgeable in the oil and gas business. Buyer has been advised by and has relied solely on its own expertise and legal, tax, accounting, marketing, land, engineering, environmental and other professional counsel concerning this transaction, the Subject Property and value thereof.

  • Failure to Determine Values If the Borrower shall fail to determine the value of any Portfolio Investment as at any date pursuant to the requirements of the foregoing sub-clauses (A), (B) or (C), then the “Value” of such Portfolio Investment as at such date shall be deemed to be zero.

  • Company Determination Final Any determination that the Company or the Board of Directors must make pursuant to this Article is conclusive.

  • Termination Date Determination Seller will not designate the Termination Date (as defined in the Receivables Sale Agreement), or send any written notice to Originator in respect thereof, without the prior written consent of the Agent, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Receivables Sale Agreement.

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