Examples of Associated Ancillary Services Energy in a sentence
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 1.02.
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”).
Upon exercise of such option, the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project shall be included in the Product delivered and sold by Seller to SCE under this Agreement for such Contract Year, and Seller shall not substitute or purchase any Capacity, Energy, Ancillary Services, or Ancillary Service Capacity from any other generating resource or from the market for delivery hereunder.
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”).
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.
Upon exercise of such option, the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project shall be included in the Product delivered and sold by Seller to SCE under this Agreement for such Contract Year, and Seller shall not substitute or purchase any Capacity, Energy, Ancillary Services, or Ancillary Service Capacity, or Resource Adequacy Benefits from any other generating resource or from the market for delivery hereunder.
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.
If the Final Agreement includes an Energy Put Option, the Product shall include Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the ESR from year-to-year when exercised by the Seller whether such credits or other attributes exist at the time a Final Agreement is executed or are created later during the Delivery Period of the Final Agreement.
Buyer shall have the exclusive rights to all Ancillary Services Capacity and Associated Ancillary Services Energy, with characteristics and quantities determined in accordance with the CAISO Tariff.