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.
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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.
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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.
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Examples of Net CONE in a sentence

  • If a Competitive Entry Exemption has already been granted that exemption shall be subject to revocation by the NYISO or the Commission after which the Examined Facility [if applicable -- Additional CRIS MW] shall potentially be subject to an Offer Floor set at the Mitigation Net CONE Offer Floor as specified under Section 23.4.5.7.9.5 starting with the date of the revocation pursuant to Section 23.4.5.7.9.5.3 of the Services Tariff.

  • The adjusted CONE and Net CONE values will be published on the ISO’s web site.

  • Prior to applying the annual adjustment for the Capacity Commitment Period beginning on June 1, 2019, Net CONE will be reduced by $0.43/kW-month to reflect the elimination of the PER adjustment.

  • The Forward Capacity Auction Starting Price is max [1.6 multiplied by Net CONE, CONE].

  • 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.

  • Between recalculations, CONE and Net CONE will be adjusted for each Forward Capacity Auction pursuant to Section III.A.21.1.2(e).

  • CONE and Net CONE shall be recalculated using updated data coincident with the recalculation of Offer Review Trigger Prices pursuant to Section III.A.21.1.2. Whenever these values are recalculated, the ISO will review the results of the recalculation with stakeholders and the new values will be filed with the Commission prior to the Forward Capacity Auction in which the new value is to apply.

  • The Office of the Interconnection shall submit a Buy Bid based on the quantity and location of capacity required to address the identified reliability violation at a Buy Bid price equal to 1.5 times Net CONE.

  • Upon notification, the ISO shall revoke the Self Supply Exemption and apply the Mitigation Net CONE Offer Floor (such value calculated based on the date it first offers UCAP, in accordance with Section 23.4.5.7.3.7, and adjusted annually in accordance with Section 23.4.5.7 of this Services Tariff.)(b) The failure to provide the ISO written notice in accordance with Section 23.4.5.7.14.5(a) shall constitute a violation of the Services Tariff.

  • For Capacity Supply Obligations acquired in the fourteenth Forward Capacity Auction and all Forward Capacity Auctions thereafter, NCCFCA$ = the Net CONE associated with the Forward Capacity Auction in which the Capacity Supply Obligation was awarded (adjusted as described in Section III.13.2.4).


More Definitions of Net CONE

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
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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.
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