RESOURCE CONSERVATION AGREEMENTResource Conservation Agreement • March 1st, 2005 • Midland Cogeneration Venture Limited Partnership • Electric services • Michigan
Where MPI is the initial Market Price of Energy from (1) above and MWTSM is the lower of 50% of the total sold (in MW) in the applicable hour or 150 MW. If the above formula was applied to Method 1 Example 1: (a) MPI would equal $33/MW, (b) MWTSM would equal 112.5 MW, and (c) MPMAX would equal $35.10/MW.
