Performance Determination. Performance is calculated by subtracting the event day load during the event from the sum of the Asset’s baseline and baseline adjustment. Example of an event day performance: Time Interval Asset’s Baseline Event Day Load Baseline Adjustment Event Day Performance Noon – 1pm 500kW 600kW 100kW Performance = Baseline + Adjustment – Event Day 2pm – 5pm 500kW 400kW 500kW + 100kW – 400kW = 200kW If the Asset produces more energy than it consumes during the baseline period or the event day through permitted and interconnected onsite generation or discharging energy storage, the net energy use will be used to calculate the Asset’s performance in the same process detailed above.
Appears in 2 contracts
Sources: Flexibility Services Standard Agreement, Flexibility Services Standard Agreement