Examples of Awarded Capacity in a sentence
The Performance Security Posting Dates / Events applicable to Awarded Capacity allocated in a Capacity Auction are determined by the Regulatory Authorities and provided to the System Operators.
Any Capacity Facility shall be required to bid no less than the Awarded Capacity Amount beginning with the Base Residual Auction associated with the Awarded Commencement Date and continuing through the Delivery Term, except if an event of Force Majeure delays the Commencement Date.
With respect to Generator, Generator fails to submit a supply offer for an amount equal to ninety percent (90%) or more of the Awarded Capacity Amount from the Capacity Facility in any Base Residual Auction with respect to a Delivery Year during the Delivery Term.
BGE believe that the proposed higher Termination Charges and Performance Security rates should exist in conjunction with separate sanctions for units who clear in an auction yet terminate their New Awarded Capacity contracts only to bid the same units in successive auction(s).
A Performance Security Posting Date/ Event is a date or event from which a specified €/MW rate shall be applied to Awarded Capacity in setting Performance Securities.