Non-Contract Commitment Sample Clauses
Non-Contract Commitment. An entity holding External ▇▇▇▇ Rights under a Non-Contract Commitment must offer the committed number of MW of External Installed Capacity for every month of the commitment, as described below, in the ISO Installed Capacity auctions for an Award Period of at least five (5) years. The entity must have ownership or contract control of External Installed Capacity to fulfill its Non-Contract Commitment throughout the Award Period.
25.7.11.1.2.1 The Non-Contract Commitment must be made for all months of the Summer Capability Periods over the term of the Award Period, but need not include any months in the Winter Capability Periods. The entity must identify the Specified Winter Months, if any, of the Winter Capability Periods for which it will make the commitment.
25.7.11.1.2.2 The commitment must be for the same number of MW for each month of the Summer Capability Period (“Summer Non-Contract ▇▇▇▇ MW”), and the same number of MW for all Specified Winter Months (“Winter Non-Contract ▇▇▇▇ MW”). The Winter Non-Contract ▇▇▇▇ MW level must be less than or equal to the Summer Contract ▇▇▇▇ MW level.
25.7.11.1.2.3 An entity holding External ▇▇▇▇ Rights under a Non-Contract Commitment must offer the committed capacity (a) in at least one of the following NYCA auctions: the Capability Period Auction, the Monthly Auction or the ICAP Spot Market Auction, or (b) through a certified and scheduled Bilateral Transaction (as such terms not defined in this Attachment S are defined in the Services Tariff). The Summer Non-Contract ▇▇▇▇ MW must be offered for every month of the Summer Capability Period, and the Winter Non-Contract ▇▇▇▇ MW must be offered for every Specified Winter Month (if any).
25.7.11.1.2.4 Notwithstanding other capacity mitigation measures that may apply, the offers to sell Installed Capacity into an auction submitted pursuant to this Non-Contract Commitment will be subject to an offer cap for each month of the Summer Capability Periods and each Specified Winter Month. This offer cap will be determined in accordance with the provisions contained in Section 5.12.2.4 of the Services Tariff.
