RMR Agreement definition
Examples of RMR Agreement in a sentence
RMR Agreements may incorporate a different end date for each RMR Generator that operates pursuant to the RMR Agreement.
If the ISO and Generator Owner agree on the terms and conditions of the RMR Agreement, but Generator Owner rejects the Availability and Performance Rate calculated by the ISO for its Generator and proposes an Owner Developed Rate, the ISO will submit an unexecuted RMR Agreement to the Commission pursuant to Section 205 of the Federal Power Act that sets forth the agreed upon terms and conditions of the RMR Agreement.
If the RMR Agreement contains RMR Avoidable Costs and an Availability and Performance Rate, the report shall also review the inputs to, and ISO’s calculation of, the RMR Avoidable Costs and the Availability and Performance Rate.
The ISO will submit an RMR Agreement, including a proposed Availability and Performance Rate, to the Commission pursuant to Section 205 of the Federal Power Act if the ISO and Generator Owner agree on the terms and conditions of the RMR Agreement, Generator Owner accepts the Availability and Performance Rate calculated by the ISO for its Generator, and the ISO and Generator Owner execute the RMR Agreement.
Generator Owner shall submit a separate filing to the Commission pursuant to Section 205 of the Federal Power Act that proposes an “Owner Developed Rate,” which filing shall be consistent with the terms and conditions of service proposed in the RMR Agreement the ISO submitted and shall track the format of the RMR Agreement the ISO submitted.
Before it may permit recovery of Additional Costs, the ISO must first determine that (1) the Additional Costs could not have been reasonably anticipated by Owner and included in this RMR Agreement, and (2) the Additional Costs are necessary for the RMR Generator to continue to provide reliable service during the Term.
Capital Expenditures are purchases, non-operational leases of or modifications to real property and/or assets (including, but not limited to, land, buildings and equipment) that (a) are required for the continued operation of one or more RMR Generator(s) during the term of an RMR Agreement, (b) have a useful life greater than one year, and (c) are not otherwise included in the NYISO’s calculation of RMR Avoidable Costs.
Month E is the month that includes the end date specified in Section 2.2.5 in the Form of Reliability Must Run Agreement or by the equivalent date specified in an RMR Agreement that is not a Form of Reliability Must Run Agreement for Generator g, or the conclusion of the 365 day notice period for an Interim Service Provider.
If there is more than one Generator that is a Viable and Sufficient Generator Deactivation Solution for a Reliability Need and the Generators are not all owned or controlled by the same Generator Owner, the ISO shall notify each such Generator that responded to the ISO’s request for Generator Deactivation Solutions that it has been determined to be a Viable and Sufficient Generator Deactivation Solution that the ISO is requesting RMR Service Offers to provide service pursuant to an RMR Agreement.
Prior to the ISO making its selection pursuant to this Section 38.10, the ISO may enter into an RMR Agreement with one or more Generators, if necessary, to provide the ISO sufficient time to complete the selection process.