System and Local Area Capacity Resource Demonstrations Sample Clauses

System and Local Area Capacity Resource Demonstrations. NCPA, acting as Scheduling Coordinator, on behalf of the NCPA Capacity Pool participants, is required to submit an annual and monthly system capacity demonstration and an annual local area capacity demonstration to the CAISO. These demonstrations will be made according to the schedule and format specified within the NCPA Capacity Pool Resource Adequacy Program. NCPA will evaluate each individual NCPA Capacity Pool participant’s portfolio to determine if that participant maintains an amount of capacity that is either surplus or deficient relative to its system and/or local area capacity reserve requirements. All capacity transactions with Third Parties and/or among Participants not executed pursuant to Pooling Schedule 4 will also be included in this evaluation. The results of this evaluation will be used by NCPA for the purpose of calculating the transfer of surplus capacity within the NCPA Capacity Pool, as required. NCPA will submit an aggregate system and local area capacity demonstration, on behalf of the NCPA Capacity Pool participants and the non NCPA Capacity Pool Participants to the CAISO. Such demonstrations will include an amount of capacity that is equal to or less than each Participant’s respective capacity reserve requirement, limited only by the amount of capacity maintained within a Participant’s portfolio (i.e., only if a Participant maintains an amount of capacity that is less than their capacity reserve requirement will an amount of capacity less than the Participant’s requirement be included within the aggregate demonstrations). This evaluation will be performed in accordance with Pooling Schedules 4 and 5. The aggregate system and local area capacity demonstrations will reflect all capacity transfers within the NCPA Capacity Pool made in accordance with this Pooling Schedule 4, for the applicable compliance period.
Sample 1
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