Common use of Compute the RTO Aggregate Market Flow for all Flowgates Clause in Contracts

Compute the RTO Aggregate Market Flow for all Flowgates. With the RTO_GTL and PAR_IMPACT known, we can now compute the RTO_MF for all Flowgates as: 𝑅𝑇𝑂_π‘€πΉπΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š = 𝑅𝑇𝑂_πΊπ‘‡πΏπΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š + π‘ƒπ‘Žπ‘Ÿπ‘Žπ‘™π‘™π‘’π‘™_π‘‡π‘Ÿπ‘Žπ‘›π‘ π‘“π‘’π‘Ÿπ‘ πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š + π‘†β„Žπ‘Žπ‘Ÿπ‘’π‘‘_π‘‡π‘Ÿπ‘Žπ‘›π‘ π‘“π‘’π‘Ÿπ‘ πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š ― 𝑃𝐴𝑅_πΌπ‘šπ‘π‘Žπ‘π‘‘πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š Where: Flowgate-m = the relevant flowgate; RTO_MFFlowgate-m = the Market Flow caused by RTO generation dispatch and transaction scheduling on Flowgate m after accounting for the operation of both the common and non-common PARs; RTO_GTLFlowgate-m = the generation to load flow for the entire RTO footprint on Flowgate m; Parallel_TransfersFlowgate-m = the flow on Flowgate m caused by interchange schedules Shared_TransfersFlowgate-m = the flow on Flowgate m caused by interchange schedules PAR_ImpactFlowgate-m = the flow on Flowgate m that is affected after accounting for M2M Entitlements are the equivalent of financial rights for the Non-Monitoring RTO to use the Monitoring RTO’s transmission system within the confines of the M2M redispatch process. The Parties worked together to develop the M2M Entitlement determination method set forth below. Each Party shall calculate a M2M Entitlement on each M2M Redispatch Flowgate and compare the results at least once a year on a mutually agreed upon schedule. This frequency ensures that the impact of upgrades on both parties systems are incorporated into the M2M Entitlement calculation. The parties may mutually agree to not recalculate M2M Entitlements in a given year.

Appears in 3 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

Compute the RTO Aggregate Market Flow for all Flowgates. With the RTO_GTL and PAR_IMPACT known, we can now compute the RTO_MF for all Flowgates as: 𝑅𝑇𝑂_π‘€πΉπΉπ‘™π‘œπ‘…π‘‡π‘‚_π‘€πΉπΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’βˆ’π‘š π‘€π‘”π‘Žπ‘‘π‘’β€•π‘š = 𝑅𝑇𝑅𝑇𝑂_πΊπ‘‡πΏπΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’βˆ’π‘š 𝑂_πΊπ‘‡πΏπΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š + π‘ƒπ‘Žπ‘Ÿπ‘Žπ‘™π‘™π‘’π‘™_π‘‡π‘Ÿπ‘Žπ‘›π‘ π‘“π‘’π‘Ÿπ‘ πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’βˆ’π‘š π‘ƒπ‘Žπ‘Ÿπ‘Žπ‘™π‘™π‘’π‘™_π‘‡π‘Ÿπ‘Žπ‘›π‘ π‘“π‘’π‘Ÿπ‘ πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘†β„Žπ‘Žπ‘Ÿπ‘’π‘‘_π‘‡π‘Ÿπ‘Žπ‘›π‘ π‘“π‘’π‘Ÿπ‘ πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’βˆ’π‘š βˆ’ 𝑃𝐴𝑅_πΌπ‘šπ‘π‘Žπ‘π‘‘πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’βˆ’π‘š π‘š + π‘†β„Žπ‘Žπ‘Ÿπ‘’π‘‘_π‘‡π‘Ÿπ‘Žπ‘›π‘ π‘“π‘’π‘Ÿπ‘ πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š ― 𝑃𝐴𝑅_πΌπ‘šπ‘π‘Žπ‘π‘‘πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’β€•π‘š Where: Flowgate-m = the relevant flowgate; RTO_MFFlowgate-m = the Market Flow caused by RTO generation dispatch and transaction scheduling on Flowgate m after accounting for the operation of both the common and non-common PARs; RTO_GTLFlowgate-m = the generation to load flow for the entire RTO footprint on Flowgate m; Parallel_TransfersFlowgate-m = the flow on Flowgate m caused by interchange schedules Shared_TransfersFlowgate-m = the flow on Flowgate m caused by interchange schedules PAR_ImpactFlowgate-m = the flow on Flowgate m that is affected after accounting for M2M Entitlements are the equivalent of financial rights for the Non-Monitoring RTO to use the Monitoring RTO’s transmission system within the confines of the M2M redispatch process. The Parties worked together to develop the M2M Entitlement determination method set forth below. Each Party shall calculate a M2M Entitlement on each M2M Redispatch Flowgate and compare the results at least once a year on a mutually agreed upon schedule. This frequency ensures that the impact of upgrades on both parties systems are incorporated into the M2M Entitlement calculation. The parties may mutually agree to not recalculate M2M Entitlements in a given year.

Appears in 2 contracts

Sources: Definitions and Rules of Construction, Joint Operating Agreement