Updating Variable Energy Content Curves Sample Clauses

Updating Variable Energy Content Curves. At the beginning of each Period from January through July or as soon thereafter as practicable, each Reservoir Party shall provide all other Parties with projections of (i) the ECC elevation of (each of) its Cyclic Reservoir(s) at the end of each Period during the remainder of the Operating Year, and (ii) (each of) its reservoir’s(s’) inflow forecast and underlying data. Each reservoir’s ECC shall be the lower of its Base ECC or its VECC. To determine such ECC elevations the Reservoir Party shall use its forecast method submitted pursuant to
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Updating Variable Energy Content Curves. At the beginning of each Period from January through July or as soon thereafter as practicable, each Reservoir Party shall provide all other Parties with projections of (i) the ECC elevation of (each of) its Cyclic Reservoir(s) at the end of each Period during the remainder of the Operating Year, and (ii) (each of) its reservoir’s(s’) inflow forecast and underlying data. Each reservoir’s ECC shall be the lower of its Base ECC or its VECC. To determine such ECC elevations the Reservoir Party shall use its forecast method submitted pursuant to paragraph 7(d)(1), Volume Inflow Forecasting Method, and the VECC specified in paragraph 7(d)(5), Adjustments to Historical Variable Energy Content Curves to Pass Refill Test; provided if the Reservoir Party reasonably determines that its forecasted elevations do not represent the planned operation as described in subparagraph 7(d)(4)(B), Refill Regulation, the Reservoir Party may deviate from the forecast method, the reservoir’s VECCs, or both, to the extent necessary to incorporate such operation into the VECCs. Any Reservoir Party deviating from the procedures of paragraphs 7(d)(1), Volume Inflow Forecasting Method, and 7(d)(5), Adjustments to Historical Variable Energy Content Curves to Pass Refill Test, shall advise all other Parties in writing of the reasons therefor.
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Related to Updating Variable Energy Content Curves

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