Day-Ahead Forecast of Available Capacity Sample Clauses

The 'Day-Ahead Forecast of Available Capacity' clause requires one party, typically the energy supplier or generator, to provide an estimate of the amount of capacity that will be available for delivery on the following day. This forecast is usually communicated to the buyer or grid operator by a specified deadline, often using standardized reporting formats or electronic systems. By mandating advance notice of available capacity, the clause helps ensure efficient scheduling, grid reliability, and allows both parties to plan for potential shortfalls or surpluses in energy supply.
Day-Ahead Forecast of Available Capacity. During each month of the Delivery Term, Seller or Seller’s agent shall provide a binding day ahead forecast of Available Capacity (the “Day-Ahead Availability Notice”) to Buyer via Buyer’s internet website for each day no later than fourteen (14) hours before the beginning of thePreschedule Day” (as defined by the WECC) for such day. For Baseload Facilities, Seller or Seller’s agent shall also provide a binding day ahead forecast of hourly Delivered Energy under the same constraints and timing as above. The current industry standard Preschedule Day timetable in the WECC is as follows: (1) Monday - Preschedule Day for Tuesday (2) Tuesday - Preschedule Day for Wednesday (3) Wednesday - Preschedule Day for Thursday (4) Thursday - Preschedule Day for Friday and Saturday (5) Friday - Preschedule Day for Sunday and Monday Exceptions to this standard Monday through Friday Preschedule Day timetable are presently set forth by the WECC in order to accommodate holidays, monthly transitions and other events. Exceptions are posted on the WECC website (▇▇▇.▇▇▇▇.▇▇▇) under the document title, “Preschedule Calendar.” Each Day-Ahead Availability Notice shall clearly identify, for each hour, Seller’s forecast of all amounts of Available Capacity pursuant to this Agreement. If the Available Capacity changes by at least one (1) MW (AC) as of a time that is more than fourteen (14) hours prior to the Preschedule Day but prior to the CAISO deadline for Day-Ahead Schedules, then Seller must notify Buyer of such change by telephone and shall send a revised notice to Buyer’s internet website. Such Notices shall contain information regarding the beginning date and time of the event resulting in the change in Available Capacity, the expected end date and time of such event, the expected Available Capacity in MW (AC), and any other necessary information. Day-Ahead Desk Primary Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Backup Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ If Seller fails to provide Buyer with a Day-Ahead Availability Notice as required herein, then, (I) until Seller provides a Day-Ahead Availability Notice, Buyer may rely on the most recent Day-Ahead Forecast of Available Capacity submitted by Seller to Buyer and Seller and (II) Seller may be subject to penalties and charges as provided in this Agreement.
Day-Ahead Forecast of Available Capacity. During each month of the Delivery Term, Seller or Seller’s agent shall provide a binding day ahead forecast of Available Capacity (the “Day-Ahead Availability Notice”) to Buyer via Buyer’s internet website for each day no later than fourteen (14) hours before the beginning of thePreschedule Day” (as defined by the WECC) for such day. For Baseload Facilities, Seller or Seller’s agent shall also provide a binding day ahead forecast of hourly Delivered Energy under the same constraints and timing as above. The current industry standard Preschedule Day timetable in the WECC is as follows:

Related to Day-Ahead Forecast of Available Capacity

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