Illustrative Offshore Transmission Owner (OFTO) revenue model for by 98w4iY

VIEWS: 23 PAGES: 8

									                       ILLUSTRATIVE INCENTIVE MODEL
                       Project:    Pretend Array
                       OFTO:       [Offshore transmission operator 1]
                       Year:             2011

Introduction

The following model outlines how the availability incentive may work in practice. This is not a full OFTO revenue model; it only
models the availability incentive. The output of this model is the revenue impact of the OFTO's availability performance. This
means that it does not include the various revenue terms that change the OFTO's base revenue, such as the market rate revenue
adjustment and inflation. It is for illustrative purposes only and may be amended in due course.


Guidance
All monetary amounts are in £m and to three decimal places.
All percentages are to two decimal places.
All MW quantities are to one decimal place.
This workbook uses conditional formatting in worksheet '3.Monthly calculations' to black out the months before asset transfer and
after the end of the revenue stream. Should this conditional formatting be overwritten ensure that outages are only entered in
the months between asset transfer and end of revenue stream.
This workbook uses the convention that '2011' refers to the year beginning 1st April 2011.


Disclaimer
Note: In the event of any inconsistency, the licence conditions take precedence. This model is provided to illustrate the OFTO
revenue conditions including the availability incentive model with the expectation that any identified inconsistencies with any
offshore transmission licence condition must be promptly notified to the Authority.

Note: The information included in this spreadsheet is for illustrative purposes only and do not relate to any individual projects

Contents                                            Key
Tab   1     Inputs                                 Yellow                      Inputs
Tab   2     Summary                                Grey                        Calculations
Tab   3     Monthly calculations
Tab   4     Annual calculations
       A                            B                                C           DE       F            G         H          I           J          K          L         M          N          O         P          Q         R         S         T         U         V         W         X         Y         Z        AA        AB
   1                                                             ILLUSTRATIVE INCENTIVE MODEL
   2                                                              Project:            Pretend Array

   3                                                                OFTO:             [Offshore transmission operator 1]

   4                               Commencement Relevant Year:                            2011
   5
   6       1. Inputs
   7
   8                                                                                     2011         2012      2013       2014       2015       2016       2017       2018      2019       2020       2021       2022      2023      2024      2025      2026      2027      2028      2029      2030      2031      2032      2033
   9
  10
  11                  Actual Revenue from NETSO (£m)                       ARt            8.330       10.115    10.000     10.000      10.000     10.000    10.000     10.000     10.000     10.000    10.000     10.000    10.000    10.000    10.000    10.000    10.000    10.000    10.000    10.000     1.670
               Retail Price Index Number (September t)
  12                                                                                      100.00       100.00    100.00     100.00      100.00    100.00     100.00     100.00     100.00    100.00     100.00     100.00    100.00    100.00    100.00    100.00    100.00    100.00    100.00    100.00    100.00    100.00   100.00
  13                                                                                                   102.00    104.04     106.12      108.24    110.41     112.62     114.87     117.17    119.51     121.90     124.34    126.82    129.36    131.95    134.59    137.28    140.02    142.82    145.68    148.59    151.57   151.57
  14                        Licence Fee cost adj. (£m)                    LFt
  15                     Network Rates cost adj. (£m)                     RBt
  16                 Crown Estate Lease cost adj (£m)                    CELt
  17                 Decommissioning Cost adj. (£m)                       DCt
             Income Adjusting event revenue adj. term
  18                                              (£m)                   IATt
                Temporary Physical Disconnection term
  19                                              (£m)                TPDt
  20                       Tender Cost Adj. term (£m)                 TCAt
  21             Marine and Coastal Act 2009 adj. (£m)                MCAt
  22
            Incremental Capacity Utilisation adjustment
  23                                               (kW)              ICU t
  24              Additional Capacity Adjustment (£m)                ACA t
  25
  26                 Average specified Interest rate (%)                    It            5.00%        5.00%     5.00%      5.00%       5.00%      5.00%      5.00%     5.00%      5.00%      5.00%     5.00%      5.00%     5.00%     5.00%     5.00%     5.00%     5.00%     5.00%     5.00%     5.00%     5.00%     5.00%    5.00%
  27
  28                 Tender Revenue Stream (£m,          real)        TRSt               10.000       10.000    10.000     10.000      10.000     10.000    10.000     10.000     10.000     10.000    10.000     10.000    10.000    10.000    10.000    10.000    10.000    10.000    10.000    10.000    10.000
  29                Market Rate revenue Adj. (£m,        real)        MRAt                               -         -          -           -          -         -          -          -          -         -          -         -         -         -         -         -         -         -         -         -
  30                Post Tender Revenue Adj. (£m,        real)       PTRAt                               -         -          -           -          -         -          -          -          -         -          -         -         -         -         -         -         -         -         -         -
  31                        Proportion of Revenue        term          PRt                    0.83      1.00      1.00       1.00        1.00       1.00      1.00       1.00       1.00       1.00      1.00       1.00      1.00      1.00      1.00      1.00      1.00      1.00      1.00      1.00      0.17
  32
  33       Defined terms from Annex A to Condition E12 - J4
                                                   Licence
                                          Month i                                         1            2         3          4          5           6          7         8          9         10         11         12
  34                                              Condition
  35                                                                                  January    February    March      April        May        June       July        August    September October    November  December
  36                                                        Wi   E12 - J4                120.00%     120.00%     80.00%       80.00%     80.00%     80.00%      80.00%    80.00%   120.00%    120.00%   120.00%   120.00%
  37
  38       Defined terms from amended standard condition E12 - J2 and E12 - J4
                                                                Licence
           Description                            Name                       Value
  39                                                           Condition
  40       Tender Revenue Stream                                               10.000
  41       TEC (MW)                                TEC          E12 - J4        278.0
  42       Normal Capability Limits (MW)           NCL          E12 - J4        278.0
  43       Revenue Impact Cap                     RCAP          E12 - J4       10.00%
  44       Target Availability                      TA          E12 - J4       98.00%
  45       Penalty Interest Rate                    PI          E12 - J2        4.00%
  46       Penalty Application Level                            E12 - J2        4.00%
  47       Risk Compensation Factor                RCF          E12 - J4         0.31
  48       Composite Circuit Rating (kW)           CCR          E12 - J4     278,000
  49       RPI number (at base date)                            E12 - J2          100
  50       Start of Commencement Relevant Year                               4/1/2011
  51       End of Commencement Relevant Year                                3/31/2012
  52       Date of Asset Transfer (DD/MM/YYYY)                               6/1/2011
  53
  54
  55
  67
  68
  69
  70




C:\Docstoc\Working\pdf\e4f6dc65-e490-437f-85bc-0f7cfed1379f.xls1. Inputs                                                                                                               2                                                                                                                                         9/30/2012
     A                     B                        C            D        E            F             G             H             I             J             K             L             M             N             O             P             Q             R             S             T             U             V             W             X             Y             Z            AA       AB

1
                                               ILLUSTRATIVE INCENTIVE MODEL
2                                              Project:        Pretend Array
3                                              OFTO:           [Offshore transmission operator 1]
4                                              Year:            2011
5
6        2. Summary of all components of allowed revenue
7
8                                                                             year   2011          2012          2013          2014          2015          2016          2017          2018          2019          2020          2021          2022          2023          2024          2025          2026          2027          2028          2029          2030          2031          2032      2033
9                                                                              t/y     1             2             3             4             5             6             7             8             9            10            11            12            13            14            15            16            17            18            19            20            21            22        23
10
                        Allowed Offshore
         Transmission Owner Revenue                OFTOt                              8.330         10.11        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000         1.670        (0.115)     -
11                              term (£m)
12       OFTO t = BR t + PT t + PA t - K t
13             Base Revenue term (£m)                   BRt                           8.330        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000         1.670           -        -
14       BR t = ATRt x PR t x RIT t
15              Proportion of Revenue term               PRt                           0.833         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         0.167
              Retail Indexation Adjustment
                                                        RITt                           1.000         1.000          1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000
16                                    Term
17                Adjusted Tender Revenue            ATRt                             10.000        10.000         10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000
18       ATRt = TRSt + MRAt + PTRAt
              Tender Revenue Stream term
                                                                  TRS                 10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000
19                               (£m, real)
          Market Rate Adj. term (£m, real)                        MRA                      -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
20
            Post Tender Revenue Adj. term
                                                            PTRA                           -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
21                                 (£m, real)
22       RIT t = (RPI September t-1/ RPI base date)
23              Pass Through term (£m)              PTt                                    -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -          -        -
24       PT t = LF t + RB t + CEL t + DC t + IAT t + TPD t + TCA t + MCA t

          Licence Fee cost adj. term (£m)                LFt                               -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
25
          Rates for networks Business cost
                                                        RBt                                -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
26                        adj. term (£m)
             Crown Estate Licence cost adj
                                                        CELt                               -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
27                             term (£m)
          Decommissioning Cost adj. term
                                                        DCt                                -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
28                                   (£m)
              Income Adjusting event adj.
                                                        IATt                               -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
29                            Term (£m)
         Temporary Physical Disconnection
                                                       TPDt                                -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
30                             term (£m)
31             Tender Cost Adj. term (£m)              TCAt                                -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
          Marine and Coastal Act 2009 adj.
                                                     MCAt                                  -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -     -
32                              term (£m)
33
34               Performance Adj. (£m)                  PAt                                -        0.115        (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.115)     -
35       PAt = AIt + ICAt
           Availability incentive term (£m)              AIt                                         0.115       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.000)       (0.115)     -
36
37       AIt = BRt-1 x AFy
38                  Availability factor term                      AF y                 0.00%         1.38%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%         0.00%        -6.88%   0.00%
39
          Base Revenue transmission (£m)                          BRt                  8.330        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000         1.670         8.330
40
41                    Proportion of Revenue                       PRt                  0.833         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         0.167         0.833
42
            Incremental Capacity incentive
                                                        ICAt                               -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
43                        Adj. term (£m)
44       ICAt = ICUAt + (ACAt * RITt)
           Incremental Capacity Utilisation
                                                                ICUA t                     -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
                   Adjustment term (£m)
45
46       ICUAIt = MAX(0, ICRDt x ICUt)
            Incremental Capacity Revenue
                                                                          ICRD         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000         0.000
                  utilisation Driver (£/kW)
47
48       ICRDt = RCF x (BRt / CCR)
49           Risk Compensation Factor (#)                                     RCF       0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31          0.31
50           Composite Circuit Rating (kW)                                    CCR    278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000       278,000
           Incremental Capacity Utilisation
                                                                           ICU t           -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
51                               term (kW)
            Additional Capacity Adjustment
                                                                 ACA t                     -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
52                               term (£m)
              Retail Indexation Adjustment
                                                        RITt                           1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000         1.000
53                                    Term
54
             Correction factor on year to
                                                          Kt                                             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -          -
55                     year revenue (£m)
56       K t = (AR t-1 - OFTO t-1 ) x ( 1 + (I t + (PI t x APt) / 100 )
            Regulated transmission revenue
                                                         ARt                           8.330        10.115        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000         1.670
57                                        (£m)
                Allowed transmission owner
                                                     OFTOt                             8.330        10.115        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000        10.000         1.670
58                             revenue (£m)
59                         Interest rate (%)               It                          5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%         5.00%
             IF ARt>1.04xOFTOt then apply
                                                         APt                                   0             0             0             0             0             0             0             0             0             0             0             0             0             0             0             0             0             0             0             0             0
60                       Penalty Interest (#)
61                 Penalty Interest rate (%)              PIt                          4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%         4.00%
62
          (Over/Under) Recovery (=Kt+1)
                                                                                           -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -             -
63                                 (£m)
64
65
                                        A            B              C                 D                E           F                  G                     H               I                 J                     K
                                 1                                            ILLUSTRATIVE INCENTIVE MODEL
                                 2                                            Project:            Pretend Array

                                 3                                            OFTO:               [Offshore transmission operator 1]

                                 4                                            Year:                    2011
                                 5
                                 6             3. Monthly performance incentive calculations
                                 7
                                                                                         Planned     Unplanned              Reported System         Transmission                    Monthly                Maximum
                                              Incentive                                                                                                              Monthly
                                     Year                            Month Days in month maintenance Outage                 Incentive               System                          Weighted               Transmission System
                                              Period y                                                                                                               weighting term
                                                                                         (MWhrs)     (MWhrs)                Performance (MWhr)      Incentive Rate                  Unavailability         Availability (MWhr)
                                 8
                                 9                                                                                          RSIPi,y                 RUi,y            Wi              MWUi,y                TCi,y
                                                                                                                                                                                                           min(TEC, NCL) * 24
                                                                                                                                                    TCi - RSIP                       RUi,y x Wi,y
                                10                                                                                                                                                                         * days in month
                                11     2011               2               1                  31                                           206,832              0.0          120.0%                   0.0                206,832
                                12     2011               2               2               28.25                                           188,484              0.0          120.0%                   0.0                188,484
                                13     2011               2               3                  31                                           206,832              0.0           80.0%                   0.0                206,832
                                14     2011               2               4                  30                       -                   200,160              0.0           80.0%                   0.0                200,160
                                15     2011               2               5                  31                       -                   206,832              0.0           80.0%                   0.0                206,832
                                16     2011               2               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                17     2011               2               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                18     2011               2               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                19     2011               2               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                20     2011               2              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                21     2011               2              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                22     2011               2              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                23     2012               3               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                24     2012               3               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                25     2012               3               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                26     2012               3               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                27     2012               3               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                28     2012               3               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                29     2012               3               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                30     2012               3               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                31     2012               3               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                32     2012               3              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                33     2012               3              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                34     2012               3              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                35     2013               4               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                36     2013               4               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                37     2013               4               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                38     2013               4               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                39     2013               4               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                40     2013               4               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                41     2013               4               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                42     2013               4               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                43     2013               4               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                44     2013               4              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                45     2013               4              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                46     2013               4              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                47     2014               5               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                48     2014               5               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                49     2014               5               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                50     2014               5               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                51     2014               5               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                52     2014               5               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                53     2014               5               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                54     2014               5               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                55     2014               5               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                56     2014               5              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                57     2014               5              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                58     2014               5              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                59     2015               6               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                60     2015               6               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                61     2015               6               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                62     2015               6               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                63     2015               6               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                64     2015               6               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                65     2015               6               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                66     2015               6               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                67     2015               6               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                68     2015               6              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                69     2015               6              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                70     2015               6              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                71     2016               7               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                72     2016               7               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                73     2016               7               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                74     2016               7               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                75     2016               7               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                76     2016               7               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                77     2016               7               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                78     2016               7               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                79     2016               7               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                80     2016               7              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                81     2016               7              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                82     2016               7              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                83     2017               8               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                84     2017               8               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                85     2017               8               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                86     2017               8               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                87     2017               8               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                88     2017               8               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                89     2017               8               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                90     2017               8               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                91     2017               8               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                92     2017               8              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                93     2017               8              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                                94     2017               8              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                95     2018               9               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                                96     2018               9               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                                97     2018               9               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                                98     2018               9               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                                99     2018               9               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               100     2018               9               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               101     2018               9               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               102     2018               9               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               103     2018               9               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               104     2018               9              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               105     2018               9              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               106     2018               9              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               107     2019              10               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               108     2019              10               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               109     2019              10               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               110     2019              10               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               111     2019              10               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               112     2019              10               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               113     2019              10               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               114     2019              10               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               115     2019              10               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               116     2019              10              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               117     2019              10              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               118     2019              10              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               119     2020              11               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               120     2020              11               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               121     2020              11               3                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               122     2020              11               4                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               123     2020              11               5                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               124     2020              11               6                  30                   4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               125     2020              11               7                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               126     2020              11               8                  31                   4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               127     2020              11               9                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               128     2020              11              10                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               129     2020              11              11                  30                   4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               130     2020              11              12                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               131     2021              12               1                  31                   4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               132     2021              12               2               28.25                   3,769.7                 184,714           3769.7          120.0%                4523.6                188,484




C:\Docstoc\Working\pdf\e4f6dc65-e490-437f-85bc-0f7cfed1379f.xls3. Monthly calculations                                         4                                                                                                  9/30/2012
                                        A            B              C                D           E        F                   G                     H               I                 J                     K
                                                                                         Planned     Unplanned      Reported System         Transmission                    Monthly                Maximum
                                              Incentive                                                                                                      Monthly
                                     Year                            Month Days in month maintenance Outage         Incentive               System                          Weighted               Transmission System
                                              Period y                                                                                                       weighting term
                                                                                         (MWhrs)     (MWhrs)        Performance (MWhr)      Incentive Rate                  Unavailability         Availability (MWhr)
                                 8
                                 9                                                                                  RSIPi,y                 RUi,y            Wi              MWUi,y                TCi,y
                                                                                                                                                                                                   min(TEC, NCL) * 24
                                                                                                                                            TCi - RSIP                       RUi,y x Wi,y
                                10                                                                                                                                                                 * days in month
                                11     2011               2               1                 31                                    206,832              0.0          120.0%                   0.0                206,832
                                12     2011               2               2              28.25                                    188,484              0.0          120.0%                   0.0                188,484
                               133     2021              12               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               134     2021              12               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               135     2021              12               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               136     2021              12               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               137     2021              12               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               138     2021              12               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               139     2021              12               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               140     2021              12              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               141     2021              12              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               142     2021              12              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               143     2022              13               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               144     2022              13               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               145     2022              13               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               146     2022              13               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               147     2022              13               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               148     2022              13               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               149     2022              13               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               150     2022              13               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               151     2022              13               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               152     2022              13              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               153     2022              13              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               154     2022              13              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               155     2023              14               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               156     2023              14               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               157     2023              14               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               158     2023              14               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               159     2023              14               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               160     2023              14               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               161     2023              14               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               162     2023              14               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               163     2023              14               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               164     2023              14              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               165     2023              14              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               166     2023              14              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               167     2024              15               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               168     2024              15               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               169     2024              15               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               170     2024              15               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               171     2024              15               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               172     2024              15               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               173     2024              15               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               174     2024              15               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               175     2024              15               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               176     2024              15              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               177     2024              15              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               178     2024              15              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               179     2025              16               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               180     2025              16               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               181     2025              16               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               182     2025              16               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               183     2025              16               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               184     2025              16               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               185     2025              16               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               186     2025              16               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               187     2025              16               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               188     2025              16              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               189     2025              16              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               190     2025              16              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               191     2026              17               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               192     2026              17               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               193     2026              17               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               194     2026              17               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               195     2026              17               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               196     2026              17               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               197     2026              17               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               198     2026              17               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               199     2026              17               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               200     2026              17              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               201     2026              17              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               202     2026              17              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               203     2027              18               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               204     2027              18               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               205     2027              18               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               206     2027              18               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               207     2027              18               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               208     2027              18               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               209     2027              18               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               210     2027              18               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               211     2027              18               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               212     2027              18              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               213     2027              18              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               214     2027              18              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               215     2028              19               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               216     2028              19               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               217     2028              19               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               218     2028              19               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               219     2028              19               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               220     2028              19               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               221     2028              19               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               222     2028              19               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               223     2028              19               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               224     2028              19              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               225     2028              19              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               226     2028              19              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               227     2029              20               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               228     2029              20               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               229     2029              20               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               230     2029              20               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               231     2029              20               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               232     2029              20               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               233     2029              20               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               234     2029              20               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               235     2029              20               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               236     2029              20              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               237     2029              20              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               238     2029              20              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               239     2030              21               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               240     2030              21               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               241     2030              21               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               242     2030              21               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               243     2030              21               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               244     2030              21               6                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               245     2030              21               7                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               246     2030              21               8                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               247     2030              21               9                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               248     2030              21              10                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               249     2030              21              11                 30            4,003.2                 196,157           4003.2          120.0%                4803.8                200,160
                               250     2030              21              12                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               251     2031              22               1                 31            4,136.6                 202,695           4136.6          120.0%                4964.0                206,832
                               252     2031              22               2              28.25            3,769.7                 184,714           3769.7          120.0%                4523.6                188,484
                               253     2031              22               3                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               254     2031              22               4                 30            4,003.2                 196,157           4003.2           80.0%                3202.6                200,160
                               255     2031              22               5                 31            4,136.6                 202,695           4136.6           80.0%                3309.3                206,832
                               256     2031              22               6                 30                                    200,160              0.0           80.0%                   0.0                200,160
                               257     2031              22               7                 31                                    206,832              0.0           80.0%                   0.0                206,832
                               258     2031              22               8                 31                                    206,832              0.0           80.0%                   0.0                206,832
                               259     2031              22               9                 30                                    200,160              0.0          120.0%                   0.0                200,160
                               260     2031              22              10                 31                                    206,832              0.0          120.0%                   0.0                206,832
                               261     2031              22              11                 30                                    200,160              0.0          120.0%                   0.0                200,160
                               262     2031              22              12                 31                                    206,832              0.0          120.0%                   0.0                206,832
                               263     2032              23               1                 31                                    206,832              0.0          120.0%                   0.0                206,832
                               264     2032              23               2              28.25                                    188,484              0.0          120.0%                   0.0                188,484
                               265     2032              23               3                 31                                    206,832              0.0           80.0%                   0.0                206,832




C:\Docstoc\Working\pdf\e4f6dc65-e490-437f-85bc-0f7cfed1379f.xls3. Monthly calculations                                 5                                                                                                  9/30/2012
                                   ILLUSTRATIVE INCENTIVE MODEL
                                   Project:      Pretend Array
                                   OFTO:         [Offshore transmission operator 1]
                                   Year:                2011

             4. Annual performance incentive calculations
Incentive                                                                    Annual
                    Annual         Weighted
Period y /                                        Total annual Proportion of penalty
             Year   weighted       total possible
Relevant                                          unavailability Revenue     unavailability
                    unavailability availability
year t                                                                       cap
                             WUy              MAy           TUy        PRt-1         PCAPy
                                   SUM(TCi,y x
                    SUM(MWUi,y                                  (as inputted
                                   Wi i=1 to     WUy / MAy                   4% * PRt-1
                    i=1 to i=12)                                previously)
                                   i=12)
         2 2011           29,357     2,433,278          0.012          0.83         3.33%
         3 2012           48,666     2,433,278          0.020          1.00         4.00%
         4 2013           48,666     2,433,278          0.020          1.00         4.00%
         5 2014           48,666     2,433,278          0.020          1.00         4.00%
         6 2015           48,666     2,433,278          0.020          1.00         4.00%
         7 2016           48,666     2,433,278          0.020          1.00         4.00%
         8 2017           48,666     2,433,278          0.020          1.00         4.00%
         9 2018           48,666     2,433,278          0.020          1.00         4.00%
        10 2019           48,666     2,433,278          0.020          1.00         4.00%
        11 2020           48,666     2,433,278          0.020          1.00         4.00%
        12 2021           48,666     2,433,278          0.020          1.00         4.00%
        13 2022           48,666     2,433,278          0.020          1.00         4.00%
        14 2023           48,666     2,433,278          0.020          1.00         4.00%
        15 2024           48,666     2,433,278          0.020          1.00         4.00%
        16 2025           48,666     2,433,278          0.020          1.00         4.00%
        17 2026           48,666     2,433,278          0.020          1.00         4.00%
        18 2027           48,666     2,433,278          0.020          1.00         4.00%
        19 2028           48,666     2,433,278          0.020          1.00         4.00%
        20 2029           48,666     2,433,278          0.020          1.00         4.00%
        21 2030           48,666     2,433,278          0.020          1.00         4.00%
        22 2031           19,309     2,433,278          0.008          0.17         0.67%
        23 2032              -       2,433,278            -            0.83         3.33%
TIVE MODEL




        Annual credit                   Brought                                    To carry
                       Total cap on                  Accrued        Paid out
        unavailability                  forward from                               forward to
                       unavailability                unavailability (amortised)
        cap                             last year                                  next year
               CCAPy           TCAPy              BFy           AUy          POy                CFy
                       SUM (PCAPy,                      minimum      minimum(PC
                                                                                   AUy + BFy -
        2% * PRt-1     y, y+4) +        CFy-1           (TUy, TCAPy- APy+CCAPy,
                                                                                   POy
                       CCAPy                            BFy)         BFy + AUy)
               1.67%             21%            0.00%        1.21%        1.21%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             22%            0.00%        2.00%        2.00%          0.00%
               2.00%             19%            0.00%        2.00%        2.00%          0.00%
               2.00%             15%            0.00%        2.00%        2.00%          0.00%
               2.00%             11%            0.00%        2.00%        2.00%          0.00%
               2.00%              7%            0.00%        2.00%        2.00%          0.00%
               0.33%              1%            0.00%        0.79%        0.79%          0.00%
               1.67%              5%            0.00%        0.00%        0.00%          0.00%
Availability
factor

           AFy
(CCAPy -
POy) x (RCAP
/ PCAPy)
        1.38%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
        0.00%
       -6.88%
        5.00%

								
To top