Achievable potential study Sample Clauses

Achievable potential study. (a) The IESO will conduct an achievable potential study in accordance with Schedule C and will use commercially reasonable efforts to complete the achievable potential study by June 1, 2016. (b) For the purposes of this Agreement, the achievable potential study will be used to confirm: (i) the aggregate achievable electricity savings for all distribution companies in the province by December 31, 2020 (the “aggregate achievable potential”); and (ii) the allocation of that aggregate achievable electricity savings to the LDC (the “LDC’s achievable potential”) and all other distribution companies. (c) The achievable potential study will be binding on the parties for purposes of establishing the “MTI Threshold”, which equals 50% of the lesser of: (A) the LDC’s achievable potential, minus the portion of the CDM Plan Target allocated under the CDM Plan to Programs that receive pay-for-performance funding; and (B) the ATI Threshold. (d) In the event that the aggregate achievable potential is less than the 7 TWh set out in recital C, the IESO will request an appropriate direction (or amendment to a direction) from the Minister of Energy to address the lesser aggregate achievable potential by reducing minimum thresholds for performance under article 5 and either reducing the 7 TWh target or reducing the ATI Threshold.