Simultaneous Feasibility Sample Clauses
Simultaneous Feasibility. The set of winning Bids selected in each round of a Sub-Auction shall correspond to a simultaneously feasible Power Flow. The Power Flow must be able to accommodate in each round injections and withdrawals corresponding to each of the following TCCs and Grandfathered Rights: (i) TCCs not offered for sale in that round, including Grandfathered TCCs, Original Residual TCCs, or any other existing TCCs whether purchased in a previous auction, an earlier round of the current Centralized TCC Auction or otherwise acquired that are valid for any part of the duration of any TCCs to be sold in that round (or in the case of a Balance-of-Period Auction are valid for the relevant month at issue), as well as TCCs offered for sale in that round but not awarded that are valid for any part of the duration of any TCCs to be sold in that round (or in the case of a Balance-of-Period Auction are valid for the relevant month at issue); (ii) Grandfathered Rights; and (iii) TCCs awarded in the current round. Each injection and withdrawal associated with Bids for TCCs will be multiplied by a scaling factor which apportions the transmission Capacity available among each of the rounds. A set of injections and withdrawals shall be judged simultaneously feasible if it would not cause any thermal, voltage, or stability violations within the NYCA for base case conditions or any monitored contingencies. When performing Power Flows for the purpose of determining simultaneous feasibility, injections for TCCs that specify a Load Zone as the Point of Injection will be modeled as a set of injections at each Load bus in the Load Zone containing the Point of Injection equal to the product of the number of TCCs and the ratio of Load served at each bus to Load served in the Load Zone, based on the bus Loads used in calculating zonal LBMPs. When performing the above Power Flows, withdrawals for TCCs that specify a Load Zone as the Point of Withdrawal will be modeled as a set of withdrawals at each Load bus in the Load Zone containing the Point of Withdrawal equal to the product of the number of TCCs and the ratio of the Load served at each bus to the total Load served in the Load Zone based on the ISO’s estimate of the bus Loads used in calculating the Zonal LBMPs. The Power Flow simulations shall take into consideration the effects of parallel flows on the transmission Capacity of the NYS Transmission System when determining which sets of injections and withdrawals are simultaneously feasible.
Simultaneous Feasibility. The Office of the Interconnection shall make the simultaneous feasibility determinations specified herein using appropriate powerflow models of contingency-constrained dispatch. Such determinations shall take into account outages of both individual generation units and transmission facilities and shall be based on reasonable assumptions about the configuration and availability of transmission capability during the period covered by the auction that are not inconsistent with the determination of the deliverability of Capacity Resources under the Reliability Assurance Agreement. The goal of the simultaneous feasibility determination shall be to ensure that there are sufficient revenues from Transmission Congestion Charges to satisfy all Fixed Transmission Rights obligations for the auction period under expected conditions.
Simultaneous Feasibility. 51 SCHEDULE 2 - COMPONENTS OF COST.............................................................................. 1 SCHEDULE 2A - EXPLANATION OF THE TREATMENT OF THE COSTS OF EMISSIONS ALLOWANCES.............................. 1 SCHEDULE 3 - ALLOCATION OF THE COST AND EXPENSES OF THE OFFICE OF THE INTERCONNECTION........................ 1 SCHEDULE 4 - STANDARD FORM OF AGREEMENT TO BECOME A MEMBER OF THE LLC........................................ 1 Second Revised: July 19, 1999 Effective: July 19, 1999 viiia
Simultaneous Feasibility. (a) The Office of the Interconnection shall make the simultaneous feasibility determinations specified herein using appropriate powerflow models of contingency-constrained dispatch. Simultaneous feasibility determinations shall take into account outages of both individual generation units and transmission facilities and shall be based on reasonable assumptions about the configuration and availability of transmission capability during the period covered by the auction that are not inconsistent with the determination of the deliverability of Generation Capacity Resources under the Reliability Assurance Agreement. The goal of the simultaneous feasibility determination shall be to ensure that there are sufficient revenues from Day-ahead Energy Market Transmission Congestion Charges to satisfy all Financial Transmission Rights Obligations for the auction period under expected conditions and to ensure that there are sufficient revenues from the annual Financial Transmission Right Auction to satisfy all Auction Revenue Rights Obligations. To ensure revenue sufficiency, the powerflow model used for simultaneous feasibility determinations is a markets model that uses flows caused by sources and sinks of requested Auction Revenue Rights (including Incremental Auction Revenue Rights) or Financial Transmission Rights, as well as market limits (as described in section (b) below) to determine the capability available to accommodate financial rights that are simultaneously feasible. The markets model differs from both an operations model, which uses physical generators or load, and a planning model, which uses expected physical generators or load.
(b) Simultaneous feasibility determinations pursuant to this section utilize applicable market limits. Market limits may differ from physical facility ratings to reflect expected market capability and to align expected Financial Transmission Rights total target allocations with expected congestion, and to ensure sufficient revenues are collected from the Day-ahead Energy Market Transmission Congestion Charges to satisfy all Financial Transmission Rights obligations. To account for historical market impacts, market limits may reflect (without limitation) such factors as requested and awarded Auction Revenue Rights, Incremental Auction Revenue Rights and Financial Transmission Rights, uncompensated powerflow, external flowgate entitlements or limits, transfer limits of the type appropriate for reactive interfaces, operational con...