2000 AGN APR 18 I17 - Laserfiche WebLink

Browse Search

(e) In the event a modification is required to a pre -scheduled transaction with respect to a failure to deliver electricity, Coral Power shall contact all necessary control areas and scheduling parties and endeavor to arrange for schedule modifications necessary to obtain replacement electricity from the Generation Facilities or other sources of power; provided, however, Coral Power shall neither be required to make, nor shall Coral Power be liable for losses that may arise out of its economic decisions with regard to modifications of pre -scheduled transactions other than to the extent any such losses are incurred in the implementation of an Optimization Strategy, then such losses shall be considered in calculating the Savings, if any, obtained from such Optimization Strategy. (f) Coral Power shall provide reconciliations of generation and transmission of electricity scheduled versus the quantity of such generation and transmission of electricity actually provided by each of the Facilities. Coral Power shall also (i) assist in managing the settlement process with the ISO and PX including monthly settlement of the ISO Grid Management Charge for the City's current transmission rights and (ii) provide reasonable assistance and documentation in connection with audits of the City to the extent such audits pertain to Coral Power's execution of any of the Services. To the extent Coral Power is requested to provide data which Coral Power deems confidential or proprietary, the City shall take all reasonable steps necessary to protect the confidentiality of such data and Coral Power shall not be required to disclose such data until it is reasonably satisfied that such data will be kept confidential. (g) Coral Power shall provide daily, weekly and monthly reconciliation reports and summaries of the City's transactions with the Facilities. The City shall directly pay the appropriate entities for the cost of any transmission or generation services provided by such entities. As the City's scheduling coordinator with the ISO and PX, Coral Power shall assist in managing the settlement process with the ISO and the PX and their associated fees (collectively, the "ISO Fees") with such entities on the City's behalf to the extent the City provides Coral Power with the necessary funds to pay the ISO Fees. Coral Power shall invoice the City on a monthly basis for the ISO Fees relating to the City's contract with the ISO based upon estimated settlement data obtained from the ISO and PX and the ISO Fees shall be reconciled in subsequent invoices as Coral Power receives actual settlement data from the ISO and PX. (h) Coral Power shall provide the City with certain other written reports regarding the generation and transmission of electricity delivered to the City from the Facilities to the extent the City reasonably determines that such reports are useful in analyzing the electricity provided by the Facilities to the City. The Parties shall mutually develop examples of each such report to be provided by Coral Power to the City, including the specific data and format to be included therein. The Parties contemplate that such reports shall include any or all of the following: RVPUBVFF\557390 2