Common use of Preparation of Coordinated System Plan Clause in Contracts

Preparation of Coordinated System Plan. Each Party agrees to assist in the preparation of a Coordinated System Plan applicable to the Parties’ systems. Each Party’s annual transmission planning reports will be incorporated into the Coordinated System Plan, however, neither Party shall have the right to veto any planning of the other Party nor shall either Party have the right, under this Article, to obtain financial compensation due to the impact of another Party’s plans or additions. The IPSAC will have an opportunity to review and comment before the Coordinated System Plan is finalized: (a) Integrate the Parties’ respective transmission expansion plans, including any market-based additions to system infrastructure (such as generation or merchant transmission projects) and transmission system upgrades identified jointly by the Parties, together with alternatives to upgrades that were considered. (b) Set forth actions to resolve any impacts that may result across the seams between the Parties’ systems due to such system additions or upgrades; and (c) Describe results of the analysis for the combined transmission systems, as well as the procedures, methodologies, and business rules that were utilized in preparing and completing the joint transmission analysis.

Appears in 3 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

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Preparation of Coordinated System Plan. Each Party agrees to assist in the preparation of a Coordinated System Plan applicable to the Parties’ Parties‟ systems. Each Party’s Party‟s annual transmission planning reports will be incorporated into the Coordinated System Plan, however, neither Party shall have the right to veto any planning of the other Party nor shall either Party have the right, under this Article, to obtain financial compensation due to the impact of another Party’s Party‟s plans or additions. The IPSAC will have an opportunity to review and comment before the Coordinated System Plan is finalized: (a) Integrate the Parties’ Parties‟ respective transmission expansion plans, including any market-based additions to system infrastructure (such as generation or merchant transmission projects) and transmission system upgrades identified jointly by the Parties, together with alternatives to upgrades that were considered. (b) Set forth actions to resolve any impacts that may result across the seams between the Parties’ Parties‟ systems due to such system additions or upgrades; and (c) Describe results of the analysis for the combined transmission systems, as well as the procedures, methodologies, and business rules that were utilized in preparing and completing the joint transmission analysis.

Appears in 1 contract

Samples: Joint Operating Agreement

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