Common use of Sharing Contract Path Capacity Clause in Contracts

Sharing Contract Path Capacity. In recognition that the Joint and Common Market is expected to eliminate distinct MIDWEST ISO contract path limits versus PJM contract path limits and in recognition that the sharing of Flowgate capacity on a historical usage basis is the first step toward the elimination of distinct contract path limits, the MIDWEST ISO and PJM have agreed to the following phased approach to the elimination of such contract path limits: (a) When PJM expands its market to include Commonwealth Edison, there will be a sharing of contract path capacity that existed on a historical basis (i.e., a sharing of the combined contract path capacity where both RTOs have contract paths to the same entity). The combined contract path capacity will be made available for use by both Parties. This will not open up new paths that have not existed previously. PJM will not be able to deal directly with companies with which it does not physically interconnect and the MIDWEST ISO will not be able to deal directly with companies with which it does not physically interconnect. (b) When the MIDWEST ISO commences operation of energy markets, the sharing of contract path capacity where the MIDWEST ISO and PJM have existing contract path capacity to the same entity will continue to exist. The MIDWEST ISO and PJM may need to resolve any coordination issues such that the combined contract capacity is not exceeded by the operation of the two markets. This phase will still not open up any new paths for the Parties. (c) When a Joint and Common Market exists between the MIDWEST ISO and PJM as is expected, the sharing of contract path capacity between the MIDWEST ISO and PJM will occur on a complete basis. All physical connections to the combined MIDWEST ISO and PJM RTOs will be available for use by the market. Whether the physical path connections are within the MIDWEST ISO or PJM will not affect a customer’s participation in the market. Only actual physical limitations will impact how the customer is able to use these connections to the market.

Appears in 2 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement

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Sharing Contract Path Capacity. In recognition that the Joint and Common Market is expected to eliminate distinct MIDWEST ISO contract path limits versus PJM SPP contract path limits and in recognition that the sharing of Flowgate flowgate capacity on a historical usage basis is the first step toward the elimination of distinct contract path limits, the MIDWEST ISO and PJM SPP have agreed to the following phased approach to the elimination of such contract path limits: (a) When PJM expands its market to include Commonwealth Edison, there will be a sharing of contract path capacity that existed on a historical basis (i.e., a sharing of the combined contract path capacity where both RTOs have contract paths to the same entity). The combined contract path capacity will be made available for use by both Parties. This will not open up new paths that have not existed previously. PJM will not be able to deal directly with companies with which it does not physically interconnect and the MIDWEST ISO will not be able to deal directly with companies with which it does not physically interconnect. (b) When the MIDWEST ISO commences and SPP commence operation of energy markets, the sharing of contract path capacity where the MIDWEST ISO and PJM SPP have existing contract path capacity to the same entity will continue to exist. The MIDWEST ISO and PJM SPP may need to resolve any coordination issues such that the combined contract capacity is not exceeded by the operation of the two markets. This phase will still not open up any new paths for the Parties. (cb) When a Joint and Common Market exists between the MIDWEST ISO and PJM SPP as is expected, the sharing of contract path capacity between the MIDWEST ISO and PJM SPP will occur on a complete basis. All physical connections to the combined MIDWEST ISO and PJM SPP RTOs will be available for use by the market. Whether the physical path connections are within the MIDWEST ISO or PJM SPP will not affect a customer’s participation in the market. Only actual physical limitations will impact how the customer is able to use these connections to the market.

Appears in 1 contract

Samples: Joint Operating Agreement

Sharing Contract Path Capacity. In recognition that the Joint and Common Market is expected to eliminate distinct MIDWEST ISO contract path limits versus PJM SPP contract path limits and in recognition that the sharing of Flowgate flowgate capacity on a historical usage basis is the first step toward the elimination of distinct contract path limits, the MIDWEST ISO and PJM SPP have agreed to the following phased approach to the elimination of such contract path limits: (a) When PJM expands its market to include Commonwealth Edison, If there is a case between SPP and MIDWEST ISO where there will be a sharing of contract path capacity that existed on a historical basis (i.e., a sharing of the combined contract path capacity where both RTOs have contract paths to the same entity). The combined contract path capacity will be made available for use by both Parties. This will not open up new paths that have not existed previously. PJM SPP will not be able to deal directly with companies with which it does not physically interconnect and the MIDWEST ISO will not be able to deal directly with companies with which it does not physically interconnect. (b) When the MIDWEST ISO commences and SPP commence operation of energy markets, the sharing of contract path capacity where the MIDWEST ISO and PJM SPP have existing contract path capacity to the same entity will continue to exist. The MIDWEST ISO and PJM SPP may need to resolve any coordination issues such that the combined contract capacity is not exceeded by the operation of the two markets. This phase will still not open up any new paths for the Parties. . (ccb) When a Joint and Common Market exists between the MIDWEST ISO and PJM SPP as is expected, the sharing of contract path capacity between the MIDWEST ISO and PJM SPP will occur on a complete basis. All physical connections to the combined MIDWEST ISO and PJM SPP RTOs will be available for use by the market. Whether the physical path connections are within the MIDWEST ISO or PJM SPP will not affect a customer’s participation in the market. Only actual physical limitations will impact how the customer is able to use these connections to the market.

Appears in 1 contract

Samples: Joint Operating Agreement

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Sharing Contract Path Capacity. In recognition that the Joint and Common Market is expected to eliminate distinct MIDWEST ISO contract path limits versus PJM contract path limits and in recognition that the sharing of Flowgate flowgate capacity on a historical usage basis is the first step toward the elimination of distinct contract path limits, the MIDWEST ISO and PJM have agreed to the following phased approach to the elimination of such contract path limits: (a) When PJM expands its market to include Commonwealth Edison, there will be a sharing of contract path capacity that existed on a historical basis (i.e., a sharing of the combined contract path capacity where both RTOs have contract paths to the same entity). The combined contract path capacity will be made available for use by both Parties. This will not open up new paths that have not existed previously. PJM will not be able to deal directly with companies with which it does not physically interconnect and the MIDWEST ISO will not be able to deal directly with companies with which it does not physically interconnect. (b) When the MIDWEST ISO commences operation of energy markets, the sharing of contract path capacity where the MIDWEST ISO and PJM have existing contract path capacity to the same entity will continue to exist. The MIDWEST ISO and PJM may need to resolve any coordination issues such that the combined contract capacity is not exceeded by the operation of the two markets. This phase will still not open up any new paths for the Parties. (c) When a Joint and Common Market exists between the MIDWEST ISO and PJM as is expected, the sharing of contract path capacity between the MIDWEST ISO and PJM will occur on a complete basis. All physical connections to the combined MIDWEST ISO and PJM RTOs will be available for use by the market. Whether the physical path connections are within the MIDWEST ISO or PJM will not affect a customer’s participation in the market. Only actual physical limitations will impact how the customer is able to use these connections to the market.

Appears in 1 contract

Samples: Joint Operating Agreement

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