Common use of Scheduling Checkout Protocols Clause in Contracts

Scheduling Checkout Protocols. Both Parties shall require all real-time energy market transaction schedules over Interconnections to be tagged in accord with the NERC tagging standard. For Simultaneous Activation of Reserves (“SAR”) and other emergency schedules that are not tagged, the Parties will enter manual schedules into their respective operating systems. When there is a real-time energy market transaction scheduling conflict, the Parties will work to modify the schedule as soon as practical. Consistent with the foregoing requirements, the Parties will perform the following types of checkouts: (a) Day-ahead checkout shall be performed daily on the day before the transaction is to flow. (b) Real-time checkout shall be performed during the period before the transaction is to flow. (c) After-the-fact checkout of real-time transactions shall be performed the next business day following the day of the transactions; (d) After-the-fact reporting of scheduled energy interchange and actual energy interchange shall be updated by each Party each day and exchanged with the other Party. Within ten (10) business days of the end of each month, the previous month’s data shall be reconciled.

Scheduling Checkout Protocols. Both Parties shall require all real-time energy market transaction schedules over Interconnections to be tagged in accord with the NERC tagging standard. For Simultaneous Activation of Reserves R eserves (“SAR”) and other emergency schedules that are not tagged, the Parties will enter manual schedules into their respective operating systems. When there is a real-time energy market transaction scheduling conflict, the Parties will work to modify the schedule as soon as practical. Consistent with the foregoing requirements, the Parties will perform the following types of checkouts: (a) Day-ahead checkout shall be performed daily on the day before the transaction is to flow. (b) Real-time checkout shall be performed during the period before the transaction is to flow. (c) After-the-fact checkout of real-time transactions shall be performed the next business day following the day of the transactions; (d) After-the-fact reporting of scheduled energy interchange and actual energy interchange shall be updated by each Party each day and exchanged with the other Party. Within ten (10) business days of the end of each month, the previous month’s data shall be reconciled.