Common use of M2M Entitlement Adjustment for a New Set of Generation, Load and Interchange Data Clause in Contracts

M2M Entitlement Adjustment for a New Set of Generation, Load and Interchange Data. Section 6.3 above addresses how new or upgraded Transmission Facilities and Transmission Facility retirements will be reflected in the determination of M2M Entitlements. This Section explains how the Parties will update the model used to determine M2M Entitlements to reflect new/updated generation, load and interchange information. When moving the initial 2009-2011 period generation, interchange and load data forward, the RTOs will need to gather the data specified in Sections 6.1, 6.2 and (where appropriate) 6.3, above for the agreed upon three year period. External Capacity Resources will be included consistent with Section 6.2.1.1, above. In accordance with the rules specified in Sections 6.1, 6.2 and (where appropriate) 6.3, above, the new set of data will be used to establish a new Reference Year Market Flow. When new or upgraded Transmission Facility or Transmission Facility retirement adjustments are necessary, the new Reference Year Market Flows will be used to determine the New Year and Transmission Adjusted Market Flows based on the rules set forth above. When no new or upgraded Transmission Facility or Transmission Facility retirement adjustments need to be applied, the new Reference Year Market Flows are the basis for the new M2M Entitlements.

M2M Entitlement Adjustment for a New Set of Generation, Load and Interchange Data. Section 6.3 above addresses how new or upgraded Transmission Facilities and Transmission Facility retirements will be reflected in the determination of M2M Entitlements. This Section section explains how the Parties will update the model used to determine M2M Entitlements to reflect new/updated generation, load and interchange information. When moving the initial 2009-2011 period generation, interchange and load data forward, the RTOs will need to gather the data specified in Sections 6.1, 6.2 and (where appropriate) 6.3, above for the agreed upon three year period. External Capacity Resources will be included consistent with Section 6.2.1.1, above. In accordance with the rules specified in Sections 6.1, 6.2 and (where appropriate) 6.3, above, the new set of data will be used to establish a new Reference Year Market Flow. When new or upgraded Transmission Facility or Transmission Facility retirement adjustments are necessary, the new Reference Year Market Flows will be used to determine the New Year and Transmission Adjusted Market Flows based on the rules set forth above. When no new or upgraded Transmission Facility or Transmission Facility retirement adjustments need to be applied, the new Reference Year Market Flows are the basis for the new M2M Entitlements.