Displacement of Generation at Powerex's Request Sample Clauses

Displacement of Generation at Powerex's Request. C. Hydro may at the request of Powerex, but in its sole discretion, displace generation of electricity at any Thermal Generation Plant, which electricity would otherwise serve Domestic Load, by electricity delivered from the Trade Account and subject to Powerex paying to B.C. Hydro the Variable Operating Costs attributable to such displacement. The parties acknowledge and agree that the quantity of Gas to be delivered by Powerex pursuant to Section 10.1 for the applicable Thermal Generation Plant shall be reduced accordingly during the period of displacement, provided that B.c. Hydro shall nevertheless be required to pay Powerex for the entire quantity of Gas that was to be purchased, absent such displacement. The quantity of electricity delivered from the Trade Account to displace electricity generated at the applicable Thermal Generation Plant shaU be deemed to be sold by B.C. Hydro to Powerex pursuant to Section 6.2 regardless of the Threshold Sale Price or the Electricity Transfer Price at the time. Such transactions shall be recorded by the parties in the Trade Account as a debit to Powerex in terms of both quantity of electricity (in MWh) and monetary value (in accordance with Section 8.2.1 or 8.2.2, as applicable).
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