Common use of Generation Capacity Resource Clause in Contracts

Generation Capacity Resource. Generation Capacity Resource shall mean a generation unit, or the contractual right to capacity from a specified generation unit, that meets the requirements of Schedules 9 and 10 of this Agreement, and, for generation units that are committed to an FRR Capacity Plan, that meets the requirements of Schedule 8.1 of this Agreement. A Generation Capacity Resource may be an Existing Generation Capacity Resource or a Planned Generation Capacity Resource.

Generation Capacity Resource. Generation Capacity Resource shall mean a generation unit, or the contractual right to capacity from a specified generation unit, that meets the requirements of Schedules 9 and 10 of this Agreement, and, for generation units that are committed to an FRR Capacity Plan, that meets the requirements of Schedule 8.1 of this Agreement. A Generation Capacity Resource may be an Existing Generation Capacity Resource or a Planned Generation Capacity Resource.