Common use of Transmission Facility retirements Clause in Contracts

Transmission Facility retirements. Each Party shall calculate the GLDFs using a transmission model that contains a mutually agreed upon set of: (1) transmission lines that are modeled as in-service; (2) generators; and (3) loads. Using these GLDFs, generator output data from the three year period agreed to by the Parties, and load data from the three year period agreed to by the Parties, the Parties shall calculate each Party’s MW impact on each M2M Flowgate for each hour in the three year period agreed to by the Parties. Using these impacts, the Parties shall create a reference year consisting of four periods (“M2M Entitlement Periods”) for each M2M Flowgate. The M2M Entitlement Periods are as follows: 1. M2M Entitlement Period 1: December, January, and February; 2. M2M Entitlement Period 2: March, April, and May; 3. M2M Entitlement Period 3: June, July, and August; and 4. M2M Entitlement Period 4: September, October, and November. For each of the M2M Entitlement Periods listed above the Non-Monitoring RTO will calculate its M2M Entitlement on each M2M Flowgate for each hour of each day of a week that will serve as the representative week for that M2M Entitlement Period. The M2M Entitlement for each day/hour, for each M2M Flowgate will be calculated by averaging the Non-Monitoring RTO’s Market Flow on an M2M Flowgate for each particular day/hour of the week. The Non- Monitoring RTO shall use the Market Flow data for all of the like day/hours, that occurred in that day of the week and hour in the M2M Entitlement Period, in each year contained within the three year period agreed to by the Parties to calculate the Non-Monitoring RTO’s average Market Flow on each M2M Flowgate. When determining M2M settlements each Party will use the M2M Entitlement that corresponds to the hour of the week and to the M2M Entitlement Period for which the real-time Market Flow is being calculated. The Parties will use the M2M Entitlements that are calculated based on data from the 2009 through 2011 three year period for at least their first year of implementing the M2M coordination process.