Performance Determination. Performance, except for batteries, is calculated using a “last 10-of-10 baseline method” with a same-day adjustment two hours before the start of the event. For battery resources, performance in Scheduled Dispatch is calculated without either a baseline or a same-day adjustment. Assets will never be charged a fee for poor performance. However, since this is a pay-for- performance offering, poor performance on any or all events will decrease the incentive amount paid. Not participating in an event, or having negative performance during an event, will be included in the Asset’s seasonal average performance calculation.
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Sources: Flexibility Services Standard Agreement, Flexibility Services Standard Agreement