Common Contracts
1 similar Managing Non-Firm Parallel Flow Agreement contracts
Hon. Kimberly D. Bose, Secretary Federal Energy Regulatory Commission 888 First Street, N.E.Managing Non-Firm Parallel Flow Agreement • January 29th, 2022 • North Carolina
On February 23, 2010, Carolina Power & Light Company (“PEC”) and Duke Energy Carolinas, LLC (“Duke”) filed with the Federal Energy Regulatory Commission (“Commission”) an agreement entitled “Managing Non-Firm Parallel Flow Agreement on the Progress/Duke Interface With the PJM Balancing Authority,” executed on February 22, 2010 (“Non-Firm Parallel Flow Agreement”).1 The Non-Firm Parallel Flow Agreement (a) provides a framework for the parties to establish a new methodology to calculate non-firm Available Transfer Capability (“ATC”) values at the PEC and Duke interface with PJM (“NC Interface”) and (b) establishes a transmission revenue allocation mechanism and a process for compensation of losses associated with non-firm parallel flows across the NC Interface. The Commission accepted the Non-Firm Parallel Flow Agreement for filing effective as of April 30, 2010.2
