Uneconomic Power Dispatch Sample Clauses

Uneconomic Power Dispatch. In the event Party B elects to dispatch a Generating Facility and Party A determines that electricity to be generated by such Generating Facility would be Uneconomic Power (as hereinafter defined), Party B shall either (Y) reimburse Party A for the difference (the “Dispatch Shortfall”) between the Power Generation Costs (as hereinafter defined) and the Market Price (as hereinafter defined) or (Z) purchase the Uneconomic Power (such purchase shall be in addition to Party B’s obligations to purchase electricity hereunder) at the Power Generation Costs. Market Price means the amount of revenue Party A reasonably estimates it would receive from a market sale of the Uneconomic Power, including, but not limited to the cost to transmit the Uneconomic Power from the Generating Facility to a Delivery Point the Quantity is required to be delivered to hereunder. Uneconomic Power means any electricity generated by a Generating Facility in response to a Dispatch Notice for which Party A determines the Market Price will be less than the Power Generation Costs. Power Generation Costs shall include the cost of generating the Uneconomic Power (including, but not limited to natural gas (including, but not limited to all commodity, transportations, fees and surcharges) required to generate the Uneconomic Power as well as all variable operating costs (operations and maintenance, emissions, etc.)) associated with generating the Uneconomic Power. Payments of Dispatch Shortfall or the Power Generation Costs shall be made in the month following the month such amounts were incurred and shall be paid on the same date as set forth in the applicable section of Article VI – Payment and Netting.”
Sample 1
AutoNDA by SimpleDocs

Related to Uneconomic Power Dispatch

  • Catastrophic Leave - Natural Disaster Upon request of an employee and upon approval of a department director or designee, leave credits (CTO, vacation, personal leave, annual leave, personal day, and/or holiday credit) shall be transferred from one or more employees to another employee, in accordance with departmental policies, under the following conditions:

  • Power Factor Design Criteria (Reactive Power A wind generating plant shall maintain a power factor within the range of 0.95 leading to 0.95 lagging, measured at the Point of Interconnection as defined in this LGIA, if the ISO’s System Reliability Impact Study shows that such a requirement is necessary to ensure safety or reliability. The power factor range standards can be met using, for example without limitation, power electronics designed to supply this level of reactive capability (taking into account any limitations due to voltage level, real power output, etc.) or fixed and switched capacitors if agreed to by the Connecting Transmission Owner for the Transmission District to which the wind generating plant will be interconnected, or a combination of the two. The Developer shall not disable power factor equipment while the wind plant is in operation. Wind plants shall also be able to provide sufficient dynamic voltage support in lieu of the power system stabilizer and automatic voltage regulation at the generator excitation system if the System Reliability Impact Study shows this to be required for system safety or reliability.

  • Catastrophic Leave Program Leave credits, as defined below, may be transferred from one or more employees to another employee, on an hour-for-hour basis, in accordance with departmental policies upon the request of both the receiving employee and the transferring employee and upon approval of the employee's appointing authority, under the following conditions:

  • Reactive Power 1.8.1 The Interconnection Customer shall design its Small Generating Facility to maintain a composite power delivery at continuous rated power output at the Point of Interconnection at a power factor within the range established by the Connecting Transmission Owner on a comparable basis, until NYISO has established different requirements that apply to all similarly situated generators in the New York Control Area on a comparable basis.

  • California Independent System Operator Corporation a California nonprofit public benefit corporation having a principal executive office located at such place in the State of California as the CAISO Governing Board may from time to time designate (the “CAISO”).

  • Real and Reactive Power Control 36 9.6 Outages and Interruptions. 37 9.7 Switching and Tagging Rules. 41 9.8 Use of Attachment Facilities by Third Parties. 41 9.9 Disturbance Analysis Data Exchange. 42 ARTICLE 10. MAINTENANCE 42 10.1 Connecting Transmission Owner Obligations. 42 10.2 Developer Obligations. 42 10.3 Coordination. 42 10.4 Secondary Systems. 42 10.5 Operating and Maintenance Expenses. 43 ARTICLE 11. PERFORMANCE OBLIGATION 43

  • Cloud Computing State Risk and Authorization Management Program In accordance with Senate Bill 475, Acts 2021, 87th Leg., R.S., pursuant to Texas Government Code, Section 2054.0593, Contractor acknowledges and agrees that, if providing cloud computing services for System Agency, Contractor must comply with the requirements of the state risk and authorization management program and that System Agency may not enter or renew a contract with Contractor to purchase cloud computing services for the agency that are subject to the state risk and authorization management program unless Contractor demonstrates compliance with program requirements. If providing cloud computing services for System Agency that are subject to the state risk and authorization management program, Contractor certifies it will maintain program compliance and certification throughout the term of the Contract.

  • Reactive Power and Primary Frequency Response 9.6.1 Power Factor Design Criteria

  • NATURAL DISASTER LEAVE 30.1 Where a permanent employee is unable to attend work because of a natural disaster, ie bushfire or flood, they will be entitled to be paid ordinary pay for the shift they would otherwise have worked on that day. This entitlement will apply once per calendar year and is not cumulative from year to year.

  • Catastrophic Leave The County will administer a Catastrophic Leave procedure designed to permit individual donations of annual leave, vacation, healthcare leave (8 hours maximum per fiscal year), compensatory and/or PIP leave time to an employee who is required to be on an extended unpaid leave due to a catastrophic medical condition or other serious circumstances.

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