Common use of Seller’s Forecasting Accuracy Requirements Clause in Contracts

Seller’s Forecasting Accuracy Requirements. If a (non-zero) Firm Contract Capacity quantity is applicable to this Agreement, then this Section 3 applies to Seller. (a) Accuracy Metric. With respect to each calendar month “m”, as soon as practicable after the end of such month, Xxxxx shall calculate and report to Seller the monthly mean absolute error (“MAEm”) between Seller’s Day-Ahead Forecasts and the respective daily summations of Metered Energy: MAEm = Forecast Error = | fi – ai | Total Forecast = fi where: n = the total number of hours in calendar month “m” i = an hour within month “m” fi = Seller’s Day-Ahead Forecast for hour “i” ai = the quantity of (i) Metered Energy for hour “i” plus the quantity of electric energy not delivered as a result of a Real-Time Forced Outage or Seller’s actual curtailment of production of the Power Product in accordance with Exhibit U for hour “i” (in MWh) when the Generating Facility is not PIRP-eligible, or when Buyer is not Scheduling Coordinator; or (ii) the actual available total generation capacity of the Generating Facility (in MW) when the Generating Facility is PIRP-eligible and Buyer is Scheduling Coordinator. Buyer shall report each MAEm to Seller and, upon Seller’s request, Buyer shall furnish all supporting calculations within a reasonable timeframe. Notwithstanding anything to the contrary set forth in this Section 3(a), for hour “i” for which the absolute difference between variable “fi” and variable “ai” is a number greater than zero, to the extent that such difference results from the fault or negligence of Buyer in its role as Scheduling Coordinator the value “| fi – ai |” for that hour shall be deemed to be zero.

Seller’s Forecasting Accuracy Requirements. If a (non-zero) Firm Contract Capacity quantity is applicable to this Agreement, then this Section 3 applies to Seller. (a) Accuracy Metric. With respect to each calendar month “m”, as soon as practicable after the end of such month, Xxxxx shall calculate and report to Seller the monthly mean absolute error (“MAEm”) between Seller’s Day-Ahead Forecasts and the respective daily summations of Metered Energy: MAEm = Forecast Error = | fi – ai | Total Forecast = fi where: n = the total number of hours in calendar month “m” i = an hour within month “m” fi = Seller’s Day-Ahead Forecast for hour “i” ai = the quantity of (i) Metered Energy for hour “i” plus the quantity of electric energy not delivered as a result of a Real-Time Forced Outage or Seller’s actual curtailment of production of the Power Product in accordance with Exhibit U for hour “i” (in MWh) when the Generating Facility is not PIRP-eligible, or when Buyer is not Scheduling Coordinator; or (ii) the actual available total generation capacity of the Generating Facility (in MW) when the Generating Facility is PIRP-eligible and Buyer is Scheduling Coordinator. Buyer shall report each MAEm to Seller and, upon Seller’s request, Buyer shall furnish all supporting calculations within a reasonable timeframe. Notwithstanding anything to the contrary set forth in this Section 3(a), for hour “i” for which the absolute difference between variable “fi” and variable “ai” is a number greater than zero, to the extent that such difference results from the fault or negligence of Buyer in its role as Scheduling Coordinator the value “| fi – ai |” for that hour shall be deemed to be zero.