The methodology to Clause Samples
The clause titled "The methodology to" defines the specific procedures or processes that must be followed to achieve a particular objective or outcome within an agreement. It typically outlines the steps, standards, or criteria that parties must adhere to when performing tasks such as calculating payments, measuring performance, or conducting assessments. By clearly establishing the required approach, this clause ensures consistency, transparency, and fairness in how certain actions are carried out, thereby reducing ambiguity and potential disputes between parties.
The methodology to determine the reliability margin shall set out the principles for calculating the probability distribution of the deviations between the expected power flows at the time of the capacity calculation and realised power flows in real time, and specify the uncertainties to be taken into account in the calculation. To determine those uncertainties, the methodology shall in particular take into account:
(a) unintended deviations of physical electricity flows within a market time unit caused by the adjustment of electricity flows within and between control areas, to maintain a constant frequency;
(b) uncertainties which could affect capacity calculation and which could occur between the capacity calculation timeframe and real time, for the market time unit being considered.