Load Ratio Share definition
Examples of Load Ratio Share in a sentence
Such curtailment of load, redispatching, or load shedding shall be done on a non-discriminatory basis by Load Ratio Share, to the extent practicable.
Costs shall be allocated to each Transmission Customer that is deemed to have benefited from the scheduled and verified Demand Reduction on a Load Ratio Share basis, using Real-Time metered hourly Load data.
The Load Ratio Share shall be computed each month and shall be the ratio of the Network Load to the average of the Company’s Transmission System load for each of the 12 preceding months.
ESP = Energy Shortfall Price = the mathematical average of the 24 individual Monthly location marginal prices of electricity, as measured at the Project’s busbar, for the applicable 2 consecutive years in which there was a Minimum Energy Shortfall BLRS = Buyers Load Ratio Share = a fraction the numerator of which is the total of the Monthly Final Buyer Retail Sales and the denominator of which is the total of the Final Total Retail Load during the applicable 2 Contract Years.
The Network Customer shall pay a Load Ratio Share of any redispatch costs pursuant to Section 33.