Resource Adequacy Reliability Solution Cost Allocation Formula Clause Samples

The Resource Adequacy Reliability Solution Cost Allocation Formula clause defines how the costs associated with ensuring sufficient energy resources for reliable grid operation are distributed among market participants. Typically, this formula outlines the methodology for calculating each participant's share of costs, which may be based on factors such as energy usage, peak demand, or contractual obligations. By establishing a clear and equitable cost allocation process, the clause ensures that all relevant parties contribute fairly to the expenses required to maintain system reliability, thereby preventing disputes and promoting financial transparency.
Resource Adequacy Reliability Solution Cost Allocation Formula. For purposes of solutions eligible for cost allocation under this Section 38.22, this section sets forth the cost allocation methodology applicable to that portion of the costs of the solution attributable to resolving resource adequacy. The same cost allocation formula is applied regardless of the project or sets of projects being triggered; however, the nature of the solution set may lead to some terms equaling zero, thereby dropping out of the equation. To ensure that appropriate allocation to the LCR and non-LCR zones occurs, the zonal allocation percentages are developed through a series of steps that first identify responsibility for LCR deficiencies, followed by responsibility for remaining need. The following formula shall apply to the allocation of the costs of the solution attributable to resource adequacy: + * + * *100% Where i is for each applicable zone, n represent the total zones in NYCA, m represents the zones isolated by the binding interfaces, IRM is the statewide reserve margin, and where LCR is defined as the locational capacity requirement in terms of percentage and is equal to zero for those zones without an LCR requirement, LCRdefi is the applicable zonal LCR deficiency, SolnSTWdef is the STWdef for each applicable project, SolnCIdef is the CIdef for each applicable project, and Soln_Size represents the total compensatory MW addressed by each applicable project for all reliability cost allocation steps in this Section 38.22. Three step cost allocation methodology for regulated reliability solutions:
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Resource Adequacy Reliability Solution Cost Allocation Formula. For purposes of solutions eligible for cost allocation under this Section 38.22, this section sets forth the cost allocation methodology applicable to that portion of the costs of the solution attributable to resolving resource adequacy. The same cost allocation formula is applied regardless of the project or sets of projects being triggered; however, the nature of the solution set may lead to some terms equaling zero, thereby dropping out of the equation. To ensure that appropriate allocation to the LCR and non-LCR zones occurs, the zonal allocation percentages are developed through a series of steps that first identify responsibility for LCR deficiencies, followed by responsibility for remaining need. The following formula shall apply to the allocation of the costs of the solution attributable to resource adequacy: Resource Adequacy Cost Allocation = LCRdef Soln Size + Concident Peak ∗ (1 + IRM * − LCRi) ∑ Coincident Peak =1 ∗ (1 + IRM − LCRk) Soln STWdef Soln Size Concident Peak ∗ (1 + IRM * + − LCRi) ∑ Coincident Peak =1 ∗ (1 + IRM − LCRl) Soln Cldef Soln Size *100% Where i is for each applicable zone, n represent the total zones in NYCA, m represents the zones isolated by the binding interfaces, IRM is the statewide reserve margin, and where LCR is defined as the locational capacity requirement in terms of percentage and is equal to zero for those zones without an LCR requirement, LCRdefi is the applicable zonal LCR deficiency, SolnSTWdef is the STWdef for each applicable project, SolnCIdef is the CIdef for each applicable project, and Soln_Size represents the total compensatory MW addressed by each applicable project for all reliability cost allocation steps in this Section 38.22. Three step cost allocation methodology for regulated reliability solutions:
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