Surplus Energy. Surplus Energy results when the Committed Minimum Capacity of a Participant exceeds its Energy Requirements. Surplus Energy will only be received by PSCo and then only to the extent it can be accommodated. Surplus Energy is priced according to Article 6.2.2 of this Agreement. Surplus Energy is the Committed Minimum Capacity less the Surplus Energy Tolerance less the Participant’s Energy Requirements. Surplus Energy volume shall never be less than zero. Example 1 Units A and B are Dispatchable Units. Unit C is a Non-Dispatchable Unit. Unit Min Gen/Energy Max Committed Minimum Capacity A* 50 50 100 50 B* 15 30 50 15 C 100 150 155 150 *Dispatchable Unit 215 Native Load Sales Purchases Net Sales/Purchases Energy Requirements 1.5% of Energy Requirements rounded up to next MW 4 Committed Minimum Capacity – Surplus Energy Tolerance - Energy Requirements -14 Surplus Energy (must not be less than zero) 0 Party Resource delivered energy and Deficit Energy 230 Energy Requirements and Surplus Energy 225 Joint Dispatch Energy 5 (Seller) Example 2 Units A is a Dispatchable Unit. Unit B is a Non-Dispatchable Unit. A bilateral purchase of 150MW was made for the hour. Unit Min Gen/Energy Max Committed Minimum Capacity A* 50 50 100 50 B 15 30 50 30 *Dispatchable Unit 80 Native Load Sales Purchases Net Sales/Purchases Energy Requirements 225 0 150 0 75 Surplus Energy Tolerance 1.5% of Energy Requirements rounded up to next MW 2 Committed Minimum Capacity – Surplus Energy Tolerance - Energy Requirements 3 Surplus Energy (must not be less than zero) 3 Party Resource delivered energy and Deficit Energy 80 Energy Requirements and Surplus Energy 78 Joint Dispatch Energy 2 (Seller) 6.2 ENERGY PRICING. Energy delivered under this Agreement shall be priced as follows:
Surplus Energy. Corporation shall make available to each Sponsoring Company Surplus Energy in proportion to said Sponsoring Company’s Surplus Power Reservation, provided that when (a) the DOE’s contractual entitlement to power from OVEC has been reduced and (b) one or more of the Sponsoring Companies have agreed to assume responsibility for the charges associated with such reduction in exchange for the right to receive Surplus Power made available thereby, the Sponsoring Companies which have assumed responsibility for the charges associated with such reduction shall have first priority to Surplus Energy up to the amounts of their respective entitlements to Surplus Power made available by their assumptions of responsibility for such charges. Any remaining Surplus Energy shall be made available (through successive allotments if necessary) to all Sponsoring Companies in proportion to their respective Power Participation Ratios. No Sponsoring Company, however, shall be obligated to avail itself of any Surplus Energy. Each Sponsoring Company availing itself of Surplus Energy shall be entitled to an amount of energy (herein called billing kilowatt-hours of Surplus Energy) equal to its portion, determined as provided above, of the total Surplus Energy after deducting therefrom such Sponsoring Company’s proportionate share, as defined below in this Section 5.05, of all losses which would be incurred in transmitting the total of such Surplus Energy from the 345-kv busses of the Project Generating Stations to the systems of all Sponsoring Companies availing themselves of Surplus Energy. The proportionate share of all such losses that shall be so deducted from such Sponsoring Company’s portion of Surplus Energy shall be equal to all such losses multiplied by the ratio of such portion of Surplus Energy to the total of such Surplus Energy. Each Sponsoring Company shall have the right, pursuant to this Section 5.05, to avail itself of Surplus Energy for the purpose of meeting the loads of its own system and/or of supplying energy to other systems in accordance with agreements, other than this Agreement, to which such Sponsoring Company is a party. Original Sheet No. 203
