Common use of Market Structure Clause in Contracts

Market Structure. Supply. The principal binding constraints limiting the supply of FTRs in the 2017 to 2020 Long Term FTR Auction include the St. ▇▇▇▇’s transformer in Dominion and the ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Line in AEP. The principal binding constraints limiting the supply of FTRs in the Annual FTR Auction for the 2016 to 2017 planning period include the Rockwell- Congress Line in AEP and the ▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇▇▇▇ Line in AEP. Market participants can sell FTRs. In the 2017 to 2020 Long Term FTR Auction, total participant FTR sell offers were 208,405 MW, down from 327,980 in the 2016 to 2017 Long Term FTR Auction. In the 2016 to 2017 Annual FTR Auction, total participant sell offers were 378, 431 MW, down from 378,744 MW in the 2015 to 2016 Annual FTR Auction. In the Monthly Balance of Planning Period FTR Auctions for the first seven months of the 2016 to 2017 planning period, total participant FTR sell offers were 3,173,126 MW, up from 2,078,673 MW for the same period during the 2015 to 2016 planning period.

Market Structure. Supply. The principal binding constraints limiting the supply of FTRs in the 2017 2016 to 2020 2019 Long Term FTR Auction include the St. ▇▇▇▇’s transformer in Dominion and the ▇▇▇▇▇▇▇-▇ – ▇▇▇▇▇▇▇▇ Line line in AEPDPL and the Glenview – ▇▇▇▇▇▇▇ line in DEOK. The principal binding constraints limiting the supply of FTRs in the Annual FTR Auction for the 2015 to 2016 to 2017 planning period include the Rockwell- Congress Line in AEP and the ▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇▇▇▇ Line – Lafayette flowgate in AEPMISO and the Oakgrove – Galesburg flowgate in MISO. Market participants can sell FTRs. In the 2017 2016 to 2020 2019 Long Term FTR Auction, total participant FTR sell offers were 208,405 327,980 MW, down up from 327,980 240,748 in the 2016 2015 to 2017 2018 Long Term FTR Auction. In the 2015 to 2016 to 2017 Annual FTR Auction, total participant sell offers were 378, 431 378,744 MW, down up from 378,744 271,368 MW in the 2014 to 2015 to 2016 Annual FTR Auction. In the Monthly Balance of Planning Period FTR Auctions for the first seven months of the 2015 to 2016 to 2017 planning period, total participant FTR sell offers were 3,173,126 3,495,474 MW, up from 2,078,673 2,424,369 MW for the same period during the 2014 to 2015 to 2016 planning period.