Contingency

The unexpected failure or outage of a system component.

Contingency

The unexpected failure or outage of a system component, such as a generator, transmission line, circuit breaker, switch or other electrical element.

Most Severe Single Contingency

The Balancing Contingency Event, due to a single contingency identified using system models maintained within the Reserve Sharing Group (RSG) or a Balancing Authority’s area that is not part of a Reserve Sharing Group, that would result in the greatest loss (measured in MW) of resource output used by the RSG or a Balancing Authority that is not participating as a member of a RSG at the time of the event to meet Firm Demand and export obligation (excluding export obligation for which Contingency Reserve obligations are being met by the Sink Balancing Authority).