Net CONE definition
Net CONE. The value representing the cost of new entry, net of energy and ancillary services revenues, utilized by the ISO in establishing the ICAP Demand Curves pursuant to Section 5 of the ISO Market Services Tariff. New York State Bulk Power Transmission Facilities (“BPTFs”): The facilities identified as the New York State Bulk Power Transmission Facilities in the annual Area Transmission Review submitted to NPCC by the ISO pursuant to NPCC requirements. NPCC: The Northeast Power Coordinating Council, or any successor organization. NYCA Free Flow Test: A NYCA unconstrained internal transmission interface test, performed by the ISO to determine if a Reliability Need is the result of a statewide resource deficiency or a transmission limitation. NYDPS: The New York State Department of Public Service, as defined in the New York Public Service Law. NYISO Load and Capacity Data Report: As defined in Section 25 of the ISO OATT. NYPSC: The New York Public Service Commission, as defined in the New York Public Service Law.
Net CONE is the then current installed capacity (“ICAP”) net Cost of New Entry (expressed in $/MW year) for the CONE are where the Black Start Unit is located.
Net CONE means the localized levelized embedded costs of a peaking unit in a Mitigated Capacity Zone, net of the likely projected annual Energy and Ancillary Services revenues of such unit, as determined in connection with establishing the Demand Curve for a Mitigated Capacity Zone pursuant to Section 5.14.1.2 of the Services Tariff, or as escalated as specified in Section 23.4.5.7
Examples of Net CONE in a sentence
Net CONE is an estimate of the Cost of New Entry, net of the first-year non-capacity market revenues, for a reference technology resource type and is intended to equal the amount of capacity revenue the reference technology resource would require, in its first year of operation, to be economically viable given reasonable expectations of the first year energy and ancillary services revenues, and projected revenue for subsequent years.
More Definitions of Net CONE
Net CONE shall be defined as: the Net Cost of New Entry for the PJM Region computed as the gross Cost of New Entry for the PJM Region minus the Net Energy & Ancillary Services (E&AS) Revenue Offset for the PJM Region.
Net CONE. The value representing the cost of new entry, net of energy and ancillary services revenues, utilized by the ISO in establishing the ICAP Demand Curves pursuant to Section 5 of the ISO Market Services Tariff. New York State Bulk Power Transmission Facilities (“BPTFs”): The facilities identified as the New York State Bulk Power Transmission Facilities in the annual Area Transmission Review submitted to NPCC by the ISO pursuant to NPCC requirements.