TEST FOR EXCESS GENERATING CAPACITY Sample Clauses

TEST FOR EXCESS GENERATING CAPACITY. ‌‌ (1) The test for excess generating capacity shall apply to each additional generating unit (“Additional Unit”) to be installed. An Additional Unit includes the installation of a new generating unit or the addition of capacity to an existing generating unit, but excludes generating capacity of any Renewable Energy Systems, or any new gas combined-cycle generating units to be installed solely for the purpose of enabling the Companies to meet mandated targets related to air pollutant emissions reductions, including emission requirements as stipulated in the Specified Process Licences; and/or Government’s targets related to carbon emissions reductions for Hong Kong.‌ (2) Each Additional Unit shall be subject to an overall test comprising the Excess Capacity Threshold (“ECT”) test and Reserve Capacity (“RC”) test in the Year in which its Commissioning takes place. If the Additional Unit fails both the ECT and RC tests, it shall be subject to another overall test in each of the subsequent Years until it passes either the ECT or RC test. If the Additional Unit passes either the ECT or RC test in the Year its Commissioning takes place or any time thereafter, it will not be tested again in the subsequent Years.‌
Sample 1
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TEST FOR EXCESS GENERATING CAPACITY. (1) The test for excess generating capacity shall apply to each additional generating unit (“Additional Unit”) to be installed. An Additional Unit includes the installation of a new generating unit or the addition of capacity to an existing generating unit, but excludes generating capacity of any Renewable Energy Systems, or any new gas combined-cycle generating units to be installed solely for the purpose of enabling HEC to meet emission requirements as stipulated in the Specified Process Licences. (2) Each Additional Unit shall be subject to an overall test comprising the Excess Capacity Threshold (“ECT”) test and Reserve Capacity (“RC”) test in the Year in which its Commissioning takes place. If the Additional Unit fails both the ECT and RC tests, it shall be subject to another overall test in each of the subsequent Years until it passes either the ECT or RC test. If the Additional Unit passes either the ECT or RC test in the Year its Commissioning takes place or any time thereafter, it will not be tested again in the subsequent Years.
Sample 1
TEST FOR EXCESS GENERATING CAPACITY. (1) The test for excess generating capacity shall apply to each additional generating unit (“Additional Unit”) to be installed. An Additional Unit includes the installation of a new generating unit or the addition of capacity to an existing generating unit，but excludes generating capacity of any Renewable Energy Systems，or any new gas combined-cycle generating units to be installed solely for the purpose of enabling the Companies to meet emission requirements as stipulated in the Specified Process Licences. (2) Each Additional Unit shall be subject to an overall test comprising the Excess Capacity Threshold (“ECT”) test and Reserve Capacity (“RC”) test in the Year in which its Commissioning takes place. If the Additional Unit fails both the ECT and RC tests ,it shall be subject to another overall test in each of the subsequent Years until it passes either the ECT or RC test. If the Additional Unit passes either the ECT or RC test in the Year its Commissioning takes place or any time thereafter ,it will not be tested again in the subsequent Years.
Sample 1
TEST FOR EXCESS GENERATING CAPACITY. 1.1 The test for excess generating capacity shall apply to each additional generating unit (“Additional Unit”) to be installed after the Companies’ Black Point Units 7 and 8 are commissioned. An Additional Unit includes the installation of a new generating unit or the addition of capacity to an existing generating unit. 1.2 Each Additional Unit shall be subject to an overall test comprising the Excess Capacity Threshold (“ECT”) test and Reserve Capacity (“RC”) test in the Year in which its Commissioning takes place. If the Additional Unit fails both the ECT and RC tests, it shall be subject to another overall test in each of the subsequent Years until it passes either the ECT or RC test. If the Additional Unit passes either the ECT or RC test in the Year its Commissioning takes place or any time thereafter, it will not be tested again in the subsequent Years. 1.3 The ECT and RC tests are described below :-
Sample 1
TEST FOR EXCESS GENERATING CAPACITY. 1.1 The test for excess generating capacity shall apply to each additional generating unit (“Additional Unit”) to be installed after 1st January 1999. An Additional Unit includes the installation of a new generating unit or the addition of capacity to an existing generating unit. 1.2 Each Additional Unit shall be subject to an Excess Capacity Threshold (“ECT”) test in the Year in which it is first commissioned. If the Additional Unit fails the ECT test, it shall be subject to another test in each of the subsequent Years until it passes the ECT test. If the Additional Unit passes the ECT test in the Year it is first commissioned, it will not be tested again in the subsequent Years. 1.3 The ECT test is described below : (i) The criterion to be used for the test is the ECT Loss of Load Probability (LOLP). The ECT LOLP is derived from the actual local maximum demand, with 4% allowance added, in the Year in which the ECT test applies, and the installed capacity at the time of maximum demand of the first Year excluding the capacity of the Additional Unit. (ii) The Additional Unit will pass the ECT test if the ECT LOLP of the Year in which the ECT test applies is found to be equal or above the target LOLP (20 hours/year at present) (“Target LOLP”) adopted for planning the installation of the unit. (iii) The Additional Unit will fail the ECT test if the ECT LOLP is found to be below the Target LOLP. If it fails the test in the first Year the Additional Unit will then be subject to a second ECT test in the following, i.e., second Year. The ECT LOLP for the second test will be derived from taking 104% of the actual maximum demand of the second Year and the installed capacity at the time of maximum demand of the first Year excluding the capacity of the Additional Unit. The Additional Unit will fail the ECT test the second time if the ECT LOLP for the second Year is also found to be below the Target LOLP. The same principle for the ECT test described above will be followed if the Additional Unit is subject to the test in subsequent Years. 1.4 If the Additional Unit fails the ECT test described above for two years in succession, an Excess Capacity Adjustment as described in Section 2 will be deducted from the Permitted Return of the second Year and each of the following Years until (but excluding) the Year in which the Additional Unit shall pass the ECT test.
Sample 1

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