Must Run Resources Sample Clauses
The 'Must Run Resources' clause defines certain energy generation units or facilities that are required to operate continuously or during specified periods, regardless of market conditions or economic dispatch. Typically, these resources are designated due to reliability needs, grid stability, or regulatory mandates, and may include nuclear plants, hydroelectric stations, or units providing essential grid services. By mandating the operation of these resources, the clause ensures the consistent availability of critical power supply, thereby supporting system reliability and preventing disruptions in electricity service.
Must Run Resources. In each Interval of the Term, OPC shall sell and LPM shall purchase all of the OPC Energy from LPM's Share of OPC Resources associated with Must Run Resources (other than purchased power resources) that are actually available during such Interval. OPC represents that the Must Run Resources are currently as of the Effective Date and shall, except for Allowed Must Run Outage Hours, remain during each Interval of the Term capable of the production and sale of at least [____]* set forth in Exhibit 3.2(i). Exhibit 2.2.1 sets forth by calendar quarter, the number of hours ("Allowed Must Run Outage Hours") for which the Must Run Resources may generate [_____]* set forth in Exhibit 3.2(i).
Must Run Resources. In each Interval of the Term, OPC shall sell and LPM shall purchase all of the OPC Energy from LPM's Share of Participating Member OPC Resources associated with Must Run Resources (other than purchased power resources) that are actually available during such Interval. OPC represents that the Must Run Resources are currently as of the Effective Date and shall, except for Allowed Must Run Outage Hours, remain during each Interval of the Term capable of the production ** Material has been omitted pursuant to a request to the Commission for confidential treatment and has been filed separately with the Commission. and sale of at least [**] set forth in Exhibit 3.2(i). Exhibit 2.2.1 sets forth by calendar quarter, the number of hours ("Allowed Must Run Outage Hours") for which the Must Run Resources may generate [**] set forth in Exhibit 3.2(i).
Must Run Resources. OPC shall sell and Power Marketer shall purchase all of the OPC Energy associated with Must Run Resources that are available during each hour of the Term. OPC shall use commercially reasonable efforts to make Must Run Resources available for the production and sale of OPC Energy to Power Marketer during the Term, subject to the terms, conditions and limitations, if any, contained in the OPC Contracts.