7-30 HRAP dated June 26, 2015
RESPONSE 7-30
| Unavailability of natural gas is defined as when there is insufficient gas for the project to meet its capacity obligation and as such could be subject to penalties under Market Rule 1, Section III.13.7 “Performance Payments and Charges in the Forward Capacity Market, otherwise known as “Pay for performance.” Use of ULSD will be a contractual obligation under the “Pay for Performance” construct of the ISO NE Tariff. CREC expects combustion turbine ULSD use will be limited to that needed to maintain oil system readiness and times when natural gas is unavailable. The potential loss of natural gas is expected to be unlikely and if it were to occur would be short lived. Natural gas will be deemed to be unavailable when the natural gas supplier (Spectra) informs Invenergy Thermal Development LLC (“Invenergy”) that the natural gas supply is being curtailed or if there is a Force Majeure event. The availability natural gas is monitored by ISO-NE, who may declare a “Cold Weather Event”, a “Cold Weather Watch”, or a “Cold Weather Warning”, as defined in:
http://www.iso-ne.com/markets-operations/system-forecast-status/current-.... |
RESPONDENT:
| Michael Feinblatt, ESS Group, Inc.
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DATE: | May 17, 2016
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