Common use of Third party reserve Clause in Contracts

Third party reserve. (a) The Reserve Provider must obtain written confirmation from each third party and end user contracted by the Reserve Provider to provide load reduction or generation increase for the purpose of the Reserve Provider providing reserve confirming that the load reduction or generation increase is not and will not be: (i) offered to the market through any other means; (ii) provided or available to be provided pursuant to any other arrangement or agreement, including any demand side management arrangement or agreement, during the period for which reserve is contracted under a reserve contract. (b) In respect of reserve through the reduction of load, every 3 months (or earlier on AEMO’s request) from the commencement date the Reserve Provider must provide to AEMO an updated list of NMI’s and datastreams to be used to provide reserve in accordance with this Agreement.

Appears in 3 contracts

Sources: Rert Panel Agreement, Rert Panel Agreement, Rert Panel Agreement