Ramapo Target Value. A Target Value for flow between the NYISO and PJM shall be determined for each Ramapo PAR (the 3500 PAR and the 4500 PAR) (“TargetRamapo”). These Target Values shall be determined by a formula based on the net interchange schedule between the Parties plus the deviation of actual flows and desired flows across the ABC and JK interfaces and shall be used for settlement purposes as: Where: Calculated Target Value for the flow on each Ramapo PAR (PAR3500 and PAR4500); 61% of the net interchange schedule between PJM and NYISO over the AC tie lines distributed evenly across the in-service Ramapo PARs; A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM. If one (but not both) of the Ramapo PARs is out-of-service, the RTOs shall instead use 46% of the net interchange scheduled between PJM and NYISO over the AC tie lines to determine the Ramapo Interchange Factor for the expected or actual duration of the Ramapo PAR outage. While the modified Ramapo Interchange Factor is in effect, 100% of the expected flows shall be distributed to the in-service Ramapo PAR. The RTOs shall undertake best efforts to issue or post a notice that the change is being made at least two days before the change is implemented and to provide at least one day’s notice before returning to the expectation that 61% of net scheduled interchange will flow over the 5018 transmission line. Telemetered real-time flow over the JK interface. A positive value indicates flows from NYISO to PJM and a negative value indicates flows from PJM to NYISO; Telemetered real-time flow over the ABC interface. A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM.; 80% of the telemetered real-time Rockland Electric Company Load; The JK interface Auto Correction component of the JK interface real-time desired flow as described in Schedule C to the Agreement. A positive value indicates flows from NYISO to PJM and a negative value indicates flows from PJM to NYISO; and The ABC interface Auto Correction component of the ABC interface real-time desired flow as described in Schedule C to the Agreement. A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM. In accordance with Appendix 3 of Schedule C to the Agreement, the participating RTOs will mutually agree on the circumstances under which they will allow up to thirteen percent of PJM to New York interchange schedules to flow over the ABC and JK interfaces. When a portion of PJM to New York interchange schedules are allowed to flow over the ABC and JK interfaces, the allowed scheduled interchange will be captured as a change to the ActualJK and ActualABC terms above.
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Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement
Ramapo Target Value. A Target Value for flow between the NYISO and PJM shall be determined for each Ramapo PAR (the 3500 PAR and the 4500 PAR) (“TargetRamapo”). These Target Values shall be determined by a formula based on the net interchange schedule between the Parties plus the deviation of actual flows and desired flows across the ABC and JK interfaces and shall be used for settlement purposes as: TargetRanapo = (RanaeoInterchangeFactor) + (ActualJK + RECo_Load — ActualÆBC ) — (Auto Correction FactorJK — Auto Correction FactorÆBC )((RanaeoInterchangeFactor) + (WheelInbalance)( )) Where: TargetRanapo = Calculated Target Value for the flow on each Ramapo PAR (PAR3500 and PAR4500); RanaeoInterchangeFactor = 61% of the net interchange schedule from between PJM and toand NYISO over the AC tie lines distributed evenly across the in-service Ramapo PARs; A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM. If one (but not both) of the Ramapo PARs is out-of-service, the RTOs shall instead use 46% of the net interchange scheduled between PJM and NYISO over the AC tie lines to determine the Ramapo Interchange Factor for the expected or actual duration of the Ramapo PAR outage. While the modified Ramapo Interchange Factor is in effect, 100% of the expected flows shall be distributed to the in-service Ramapo PAR. The RTOs shall undertake best efforts to issue or post a notice that the change is being made at least two days before the change is implemented and to provide at least one day’s notice before returning to the expectation that 61% of net scheduled interchange will flow over the 5018 transmission line. ActualJK = Telemetered real-time flow over the JK interface, where. A positive value indicates flows from NYISO to PJM PJM; and a negative value indicates flows from PJM to NYISO; ActualÆBC = Telemetered real-time flow over the ABC interface, where. A positive value indicates flows from PJM to NYISO NYISO; and a negative value indicates flows from NYISO to PJM.; RECo_Load = 80% of the telemetered real-time Rockland Electric Company Load; Auto Correction FactorJK = The JK interface Auto Correction component of the JK interface real-time desired flow as described in Schedule C to the Agreement, where. A positive value indicates flows from NYISO to PJM and a negative value indicates flows from PJM to NYISO; and Auto Correction FactorÆBC = The ABC interface Auto Correction component of the ABC interface real-time desired flow as described in Schedule C to the Agreement, where. A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM. WheelInbalance = As described in the wheel imbalance formula below, 72% multiplied by the imbalance of the 600/400 MW transactions described in Schedule C to the Agreement distributed evenly across the in-service Ramapo PARs; RenainingInbalance = As described in the remaining imbalance formula below, 28% multiplied by the imbalance of the JK/ABC transactions described in Schedule C to the Agreement distributed evenly across the in- service Ramapo PARs. The Participating RTOs agree to compute the WheelImbalance and RemainingImbalance terms above as set forth below. In accordance with Appendix 3 of Schedule C to the Agreement, the participating Participating RTOs will mutually agree on the circumstances under which they will allow up to thirteen percent of PJM to New York interchange schedules to flow over the ABC and JK interfaces. When a thirteen percenta portion of PJM to New York interchange schedules is are allowed to flow over the ABC and JK interfaces, the allowed thirteen percentallowed scheduled interchange will be captured as a change to the ActualJK and ActualABC terms abovebelowabove. The WheelImbalance is the distribution of actual flows over Ramapo that is incorporated in the Ramapo PAR Target Value when the actual flows on the ABC and JK interfaces do not perfectly match the ABC and JK interfaces desired flow. WheelInbalance = 72% × ((ActualJK — (RTE + Auto Correction FactorJK )) — (ActualÆBC — (RTE + Auto Correction FactorÆBC )) ) RTE = Con Edison real-time election pursuant to Schedule C to the Agreement, where positive indicates flows from the JK interface to the ABC interface; The RemainingImbalance is the distribution of actual flows over the western free flow ties that is incorporated in the Ramapo PAR Target Value when the actual flows on the ABC and JK interfaces do not perfectly match the ABC and JK interfaces desired flow. RenainingInbalance = 28% × ((ActualJK — (RTE + Auto Correction FactorJK )) — (ActualÆBC c — (RTE + Auto Correction FactorÆBC ))) Where: ActualJK = Telemetered real-time flow over the JK interface, where positive indicates flows from NYISO to PJM; ActualÆBC = Telemetered real-time flow over the ABC interface, where positive indicates flows from PJM to NYISO; RTE = Con Edison real-time election pursuant to Schedule C to the Agreement, where positive indicates flows from the JK interface to the ABC interface; Auto Correction FactorJK = The JK interface Auto Correction component of the JK interface real-time desired flow as described in Schedule C to the Agreement, where positive indicates flows from NYISO to PJM; and Auto Correction FactorÆBC PÆRc = The ABC interface Auto Correction component of the ABC interface real-time desired flow as described in Schedule C to the Agreement, where positive indicates flows from PJM to NYISO.
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Samples: nyisoviewer.etariff.biz
Ramapo Target Value. A Target Value for flow between the NYISO and PJM shall be determined for each Ramapo PAR (the 3500 PAR and the 4500 PAR) (“TargetRamapo”). These Target Values shall be determined by a formula based on the net interchange schedule between the Parties plus the deviation of actual flows and desired flows across the ABC and JK interfaces and shall be used for settlement purposes as: 𝑇𝑎𝑟𝑔𝑒𝑡𝑅𝑎𝑚𝑎𝑝𝑜 = (𝑅𝑎𝑚𝑎𝑝𝑜𝐼𝑛𝑡𝑒𝑟𝑐ℎ𝑎𝑛𝑔𝑒𝐹𝑎𝑐𝑡𝑜𝑟) + (𝐴𝑐𝑡𝑢𝑎𝑙𝐽𝐾 + 𝑅𝐸𝐶𝑜_𝐿𝑜𝑎𝑑 − 𝐴𝑐𝑡𝑢𝑎𝑙𝐴𝐵𝐶 ) − (𝐴𝑢𝑡𝑜 𝐶𝑜𝑟𝑟𝑒𝑐𝑡𝑖𝑜𝑛 𝐹𝑎𝑐𝑡𝑜𝑟𝐽𝐾 − 𝐴𝑢𝑡𝑜 𝐶𝑜𝑟𝑟𝑒𝑐𝑡𝑖𝑜𝑛 𝐹𝑎𝑐𝑡𝑜𝑟𝐴𝐵𝐶 ) Where: 𝑇𝑎𝑟𝑔𝑒𝑡𝑅𝑎𝑚𝑎𝑝𝑜 = Calculated Target Value for the flow on each Ramapo PAR (PAR3500 and PAR4500); 𝑅𝑎𝑚𝑎𝑝𝑜𝐼𝑛𝑡𝑒𝑟𝑐ℎ𝑎𝑛𝑔𝑒𝐹𝑎𝑐𝑡𝑜𝑟 = 61% of the net interchange schedule between PJM and NYISO over the AC tie lines distributed evenly across the in-service Ramapo PARs; A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM. If one (but not both) of the Ramapo PARs is out-of-service, the RTOs shall instead use 46% of the net interchange scheduled between PJM and NYISO over the AC tie lines to determine the Ramapo Interchange Factor for the expected or actual duration of the Ramapo PAR outage. While the modified Ramapo Interchange Factor is in effect, 100% of the expected flows shall be distributed to the in-service Ramapo PAR. The RTOs shall undertake best efforts to issue or post a notice that the change is being made at least two days before the change is implemented and to provide at least one day’s notice before returning to the expectation that 61% of net scheduled interchange will flow over the 5018 transmission line. 𝐴𝑐𝑡𝑢𝑎𝑙𝐽𝐾 = Telemetered real-time flow over the JK interface. A positive value indicates flows from NYISO to PJM and a negative value indicates flows from PJM to NYISO; 𝐴𝑐𝑡𝑢𝑎𝑙𝐴𝐵𝐶 = Telemetered real-time flow over the ABC interface. A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM.; 𝑅𝐸𝐶𝑜_𝐿𝑜𝑎𝑑 = 80% of the telemetered real-time Rockland Electric Company Load; 𝐴𝑢𝑡𝑜 𝐶𝑜𝑟𝑟𝑒𝑐𝑡𝑖𝑜𝑛 𝐹𝑎𝑐𝑡𝑜𝑟𝐽𝐾 = The JK interface Auto Correction component of the JK interface real-time desired flow as described in Schedule C to the Agreement. A positive value indicates flows from NYISO to PJM and a negative value indicates flows from PJM to NYISO; and 𝐴𝑢𝑡𝑜 𝐶𝑜𝑟𝑟𝑒𝑐𝑡𝑖𝑜𝑛 𝐹𝑎𝑐𝑡𝑜𝑟𝐴𝐵𝐶 = The ABC interface Auto Correction component of the ABC interface real-time desired flow as described in Schedule C to the Agreement. A positive value indicates flows from PJM to NYISO and a negative value indicates flows from NYISO to PJM. In accordance with Appendix 3 of Schedule C to the Agreement, the participating RTOs will mutually agree on the circumstances under which they will allow up to thirteen percent of PJM to New York interchange schedules to flow over the ABC and JK interfaces. When a portion of PJM to New York interchange schedules are allowed to flow over the ABC and JK interfaces, the allowed scheduled interchange will be captured as a change to the ActualJK and ActualABC terms above.
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Samples: nyisoviewer.etariff.biz
