Ancillary Services Capacity definition
Examples of Ancillary Services Capacity in a sentence
The Owner shall receive no payment for any Ancillary Services Capacity provided.
Any portion of the Delivery Period for which Seller has exercised its Energy Put Option shall be a “Put Delivery Period,” and any portion of the Delivery Period for which Seller has not exercised its Energy Put Option shall be a “RA Delivery Period.” During any RA Delivery Period, Seller shall have the right to dispatch and sell the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project to any third party.
During any Put Delivery Period, SCE shall have the exclusive rights to all Ancillary Services Capacity and Associated Ancillary Services Energy from the Project, subject only to the limitations set forth in Appendix 1.01.
During any Put Delivery Period, SCE shall have the exclusive rights to all Ancillary Services Capacity and Associated Ancillary Services Energy from the Project, subject only to the limitations set forth in Appendix 1.02.
In addition, Seller shall, for any Contract Year, have the option of delivering and selling to SCE, and upon Seller’s exercise of such option SCE shall purchase and receive, the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project on the terms and conditions of this Agreement (the “Energy Put Option”).
In addition, Seller shall, for any Contact Year, have the option of delivering and selling to SCE, and upon Seller’s exercise of such option SCE shall purchase and receive, the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project on the terms and conditions of this Agreement (the “Energy Put Option”).
Seller shall, for any Contract Year, have the option of including the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project as Product (the “Energy Put Option”).
The “Product” consists of: during Put Periods, and not RA Periods, any and all Energy, Capacity, Ancillary Services, Ancillary Services Capacity, or any other benefits associated therewith, associated with the Project under the terms of this Agreement, and during both Put Periods and RA Periods, any and all Capacity Attributes associated with the Project.
Any portion of the Delivery Period for which Seller has not exercised its Energy Put Option shall be an “RA Period.” During any RA Period, Seller shall have the right to dispatch and sell the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project to any third party.
While Contractor intends to assist Owner in optimizing the value of the Facilities by seeking to maximize net revenues, Contractor shall not be under any obligation to provide Owner with the best prices or opportunities on any of the products to be sold or purchased hereunder, including, without limitation, Energy, Available Energy, Ancillary Services, Capacity and coal hereunder.