Merchant Transmission Facilities Clause Samples
The 'Merchant Transmission Facilities' clause defines the terms and conditions under which privately owned or operated transmission lines, not regulated as public utilities, are addressed within an agreement. This clause typically outlines the rights and responsibilities of parties regarding the use, access, and operation of such facilities, including any requirements for interconnection, capacity allocation, or cost-sharing. By specifying these details, the clause ensures that the integration and operation of merchant transmission lines are clearly governed, thereby reducing disputes and clarifying obligations between parties involved in energy transmission.
Merchant Transmission Facilities. “Controllable A.C. Merchant Transmission Facilities” shall mean transmission facilities that (1) employ technology which Transmission Provider reviews and verifies will permit control of the amount and/or direction of power flow on such facilities to such extent as to effectively enable the controllable facilities to be operated as if they were direct current transmission facilities, and