Annual Forgone TC Energy definition

Annual Forgone TC Energy means the cumulative total amount of Forgone TC Energy determined at a specific time in a calendar year from the beginning of such calendar year to such specific time; and for greater certainty, the "Annual Forgone TC Energy" as at January 1 of a particular calendar year shall be equal to 0 MWh, and the "Annual Forgone TC Energy" at any time on a particular date in a calendar year shall be equal to all of the Forgone TC Energy in such calendar year up to and including such time on such date;

Examples of Annual Forgone TC Energy in a sentence

  • The AESO shall, however, pay the Generator, in accordance with Section 7.3, for any Forgone TC Energy in any calendar year which is in excess of the Annual Forgone TC Energy Threshold.

  • The Annual Forgone TC Energy Threshold shall, for the calendar year during which Commercial Operation occurs, be equal to the product of: (i) such threshold multiplied by (ii) the number of days from and after the Commercial Operation Date to the end of such calendar year divided by 365 days.

  • The Generator shall, each calendar year during the Support Period, bear the risk of any resulting Forgone TC Energy in such calendar year in an amount equal to two hundred (200) hours multiplied by the Contract Capacity (the "Annual Forgone TC Energy Threshold") and shall not be entitled to any payment from the AESO with respect thereto.

  • The Generator shall bear the risk of any resulting Forgone TC Energy in an amount equal to two hundred (200) hours multiplied by the Contract Capacity on an annual basis (the "Annual Forgone TC Energy Threshold") and shall not be entitled to any payment from the AESO with respect thereto.

Related to Annual Forgone TC Energy

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  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

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  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Individualized family service plan means a written plan for providing early intervention services to an eligible child and the child’s family.

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  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

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  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

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  • Non-Participating Retail Health Clinic means a Retail Health Clinic which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.