MEEA-Specific Settlement Pricing. Except as provided in Sections 5.1.1 and 5.1.2 below, transactions conducted by the MEEA Entity or authorized Federal Customers using its MEEA Resource ID(s) shall be considered a “MEEA Transaction” and settled by the CAISO at the MEEA- specific price. For purposes of this Agreement and validation, a transaction shall be deemed to be a MEEA Transaction if the amount of Energy scheduled under a MEEA Resource ID is equal to or less than the amount of energy made available to that authorized Federal Customer from the MEEA Portfolio by the MEEA Entity. This amount will vary hourly, daily, weekly and monthly depending on the amount of resources available under the MEEA Portfolio. The MEEA Portfolio primarily consists of hydro-generation, which can fluctuate significantly and will impact the amount of Energy an authorized Federal Customer will be allocated.
