NESCOE definition
Examples of NESCOE in a sentence
NESCOE will fulfill its mission by carrying out the responsibilities within its scope, which is contractually limited to matters of resource adequacy and system planning and expansion.
No cash distributions shall be made from NESCOE to the Member, other than distribution of Liquidation Proceeds and no commingling or other combination of funds belonging to NESCOE shall be made with funds belonging to the Member.
In the event NEPOOL does not support a NESCOE policy proposal following this review and advisory vote, NESCOE reserves the right to pursue this policy proposal independently.
NESCOE will only take such action following a prevailing vote, determined in accordance with its formal voting process, and consultation with ISO-NE and NEPOOL in the manner outlined above.
NESCOE shall not change the Operating Agreement without the prior written consent of ISO and NEPOOL.
If ISO-NE does not commit to pursue implementation of the NESCOE recommendation or proposes a schedule for implementation which is not acceptable to NESCOE, NESCOE will allow a reasonable period of time to attempt to resolve the matter with ISO-NE (and NEPOOL, if applicable) to the parties’ mutual satisfaction.
NESCOE will be active, and express its views, in two areas: resource adequacy and system planning and expansion.
NESCOE also may, from time to time, undertake additional consultations or inquiries as it may find necessary and useful.
NESCOE will make policy determinations with a majority vote (i.e. …a numerical majority [of the states]) and a majority weighted to reflect relative electric load of each state within the region’s overall load.
NESCOE will cause all of its employees to abide by a Code of Conduct in the form of Exhibit C hereto.