Common use of Reserve Characteristic Clause in Contracts

Reserve Characteristic. The parameters used in this figure are:  RMX = the maximum reserve from the Providing Unit;  GMN = Providing Unit’s minimum output for providing reserve (can be zero or negative);  GMX = Providing Unit’s average declared MW availability (or -1 * maximum Demand capability for an OFR response);  R1 = reserve that can be provided when MW Output is equal to GMN;  R0 = reserve that can be provided when MW Output is equal to GMX. XXXX, XXXXX0, XXXXX0, XXXXX0, and R2 define curve break points, and will be negative for an OFR response.

Appears in 4 contracts

Samples: System Services Fixed Contracts Agreement, System Services Fixed Contracts Agreement, www.eirgridgroup.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.