Common use of Residual ARRs Clause in Contracts

Residual ARRs. If ARR allocations are reduced as the result of a modeled transmission outage and the transmission outage ends during the relevant planning year, the result is that residual ARRs may be available. These residual ARRs are automatically assigned to eligible participants the month before the effective date. Residual ARRs are only available on paths prorated in Stage 1 of the annual ARR allocation, are only effective for single, whole months and cannot be self scheduled. Residual ARR clearing prices are based on monthly FTR auction clearing prices. Residual ARRs with negative target allocations are not allocated to participants. Instead they are removed and the model is rerun. In the first four months of the 2018/2019 planning period, PJM allocated a total of 24,920.9 MW of residual ARRs, up from 21,809.5 MW in the 2017/2018 planning period, with a total target allocation of $13.8 million for the first four months of the 2018/2019 planning period, up from $4.8 million for the 2017/2018 planning period.

Residual ARRs. If ARR allocations are reduced as the result of a modeled transmission outage and the transmission outage ends during the relevant planning year, the result is that residual ARRs may be available. These residual ARRs are automatically assigned to eligible participants the month before the effective date. Residual ARRs are only available on paths prorated in Stage 1 of the annual ARR allocation, are only effective for single, whole months and cannot be self scheduled. Residual ARR clearing prices are based on monthly FTR auction clearing prices. Residual ARRs with negative target allocations are not allocated to participants. Instead they are removed and the model is rerun. In the first four seven months of the 2018/2019 planning period, PJM allocated a total of 24,920.9 15,463.3 MW of residual ARRs, up from 21,809.5 14,223.4 MW in the 2017/2018 planning period, with a total target allocation of $13.8 5.7 million for the first four seven months of the 2018/2019 planning period, up from $4.8 million for the 2017/2018 planning period.

Residual ARRs. If ARR allocations are reduced as the result of a modeled transmission outage and the transmission outage ends during the relevant planning year, the result is that residual ARRs may be available. These residual ARRs are automatically assigned to eligible participants the month before the effective date. Residual ARRs are only available on paths prorated in Stage 1 of the annual ARR allocation, are only effective for single, whole months and cannot be self scheduled. Residual ARR clearing prices are based on monthly FTR auction clearing prices. Residual ARRs with negative target allocations are not allocated to participants. Instead they are removed and the model is rerun. In the first four seven months of the 2018/2019 2017/2018 planning period, PJM allocated a total of 24,920.9 23,506.1 MW of residual ARRs, up from 21,809.5 21,600.4 MW in the 2017/2018 first seven months of the 2016/2017 planning period, with a total target allocation of $13.8 7.9 million for the first four seven months of the 2018/2019 2017/2018 planning period, up from $4.8 4.2 million for the 2017/2018 first seven months of the 2016/2017 planning period.

Residual ARRs. If ARR allocations are reduced as the result of a modeled transmission outage and the transmission outage ends during the relevant planning year, the result is that residual ARRs may be available. These residual ARRs are automatically assigned to eligible participants the month before the effective date. Residual ARRs are only available on paths prorated in Stage 1 of the annual ARR allocation, are only effective for single, whole months and cannot be self scheduled. Residual ARR clearing prices are based on monthly FTR auction clearing prices. Residual ARRs with negative target allocations are not allocated to participants. Instead they are removed and the model is rerunrerun until a minimum of negative target allocation residual ARRs are found. In the first four months of the 2018/2019 2017/2018 planning period, PJM allocated a total of 24,920.9 27,657.9 MW of residual ARRs, up down from 21,809.5 29,478.9 MW in the 2017/2018 first four months of the 2016/2017 planning period, with a total target allocation of $13.8 4.8 million for the first four months of the 2018/2019 2017/2018 planning period, up down from $4.8 5.7 million for the 2017/2018 first four months of the 2016/2017 planning period.

Residual ARRs. If ARR allocations are reduced as the result of a modeled transmission outage and the transmission outage ends during the relevant planning year, the result is that residual ARRs may be available. These residual ARRs are automatically assigned to eligible participants the month before the effective date. Residual ARRs are only available on paths prorated in Stage 1 of the annual ARR allocation, are only effective for single, whole months and cannot be self scheduled. Residual ARR clearing prices are based on monthly FTR auction clearing prices. Residual ARRs with negative target allocations are not allocated to participants. Instead they are removed and the model is rerunrerun until a minimum of negative target allocation residual ARRs are found. In the first four months of the 2018/2019 2016/2017 planning period, PJM allocated a total of 24,920.9 35,034.9 MW of residual ARRs, up from 21,809.5 30,118.1 MW in the 2017/2018 2015/2016 planning period, with a total target allocation of $13.8 7.0 million for the first four months of the 2018/2019 2016/2017 planning period, up down from $4.8 7.7 million for the 2017/2018 2015/2016 planning period.