Common use of Participation Process Clause in Contracts

Participation Process. DER must have completed the Mandatory Technical Trial in order to participate in the Competitive Bidding wave. DER will be in competition with traditional options available to National Grid and so only be dispatched if economic to do so. The process for tendering of the Active Power Service is summarised in Figure 5. Power Potential services, if accepted, will be used to help secure the system Utilisation bids will be assessed in line with the cost of alternative actions National Grid will only accept the DERMS volumes where the price is as cost effective as alternatives available to it, meaning that some (or all) DER may not be accepted if they cannot reduce their bids to a competitive level.

Appears in 4 contracts

Samples: www.nationalgrideso.com, www.nationalgrid.com, www.nationalgrideso.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.