Common use of Vision Statement Clause in Contracts

Vision Statement. As Operating Entities become Market-Based Operating Entities, and expand their various markets, one of the primary seams issues that must be resolved is how different congestion management methodologies (market-based and traditional TLR) will interact to ensure parallel flows and impacts are recognized and controlled in a manner that consistently ensures system reliability and equitability. Reliability Coordinators can mandate emergency procedures to maintain safe operating limits, however, without coordination agreements that maintain flow limits in advance, the market would become volatile and the burden for relieving excess flow would ignore the economics of the entities which would be required to redispatch. For these entities, this process will offer a manner in which Market-Based Operating Entities can coordinate parallel flows with Operating Entities that have not yet or do not contemplate implementing markets. This process will provide more proactive management of transmission resources, more accurate information to Reliability Coordinators, and more candidates for providing relief when reliability is threatened due to transmission overload conditions.