Bid Facility definition

Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP22-1.

Bid Facility means the credit facility for the requesting and making of Bid Advances described in Section 2.1(a)(ii).

Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP24-1, as such Bid Facility may be mutually modified from time to time in accordance with Section 2.12. Bid Proposal: Documents submitted by Seller in response to RESRFP24-1 and received by NYSERDA. Bid Quantity: The amount stated in the Bid Proposal of Tier-1 RECs the Bid Facility expects to proffer as performance under this Agreement during each Contract Year during the Contract Delivery Term. The Bid Quantity shall be as stated in Schedule 1 of this Agreement.

Examples of Bid Facility in a sentence

• Seller may be required to waive confidentiality, as to NYSERDA, for the direct transfer to NYSERDA by an energy market administrator or the operator of the transmission and/or distribution system into which the energy from the Bid Facility is delivered of transactional and/or delivery information and data pertinent to the verification of attribute creation and electricity delivery.

• The Seller shall be responsible to obtain all applicable permits and regulatory approvals that may be required in order to develop and/or operate the Bid Facility over the duration of the Contract Delivery Term.

• Unless specifically agreed to by NYSERDA in writing, the Bid Facility must be separately metered and must be functionally represented by a single and discrete Injection Point.

• Seller shall provide NYSERDA with written Notice prior to any material modification of the Bid Facility, including but not limited to any modification that is expected to result in a change in the Nameplate Capacity of the Bid Facility, and shall provide to NYSERDA a written description of the planned modification.

• Seller shall provide, at NYSERDA’s request, the NERC tag information from the OATI (Open Access Technology International) System or the NY JESS Contract ID from the Joint Energy Scheduling System (JESS) listing the External Bid Facility name as the Source for the scheduled and transmitted electricity from the External Bid Facility into the NYISO.

More Definitions of Bid Facility

Bid Facility. The electric generating station that has been identified and described in the Bid Proposal.

Bid Facility. The “Noble Chateaugay Windpark” electric generating station that has been identified and described in the Application Package and Bid Proposal submitted by Seller to RFP 1037, consisting of a specified Nameplate Capacity of 127.50 MW. The Noble Chateaugay Windpark is an Intermittent Bid Facility.

Bid Facility. The Noble Wethersfield Windpark electric generating station that has been identified and described in the Application Package (Exhibit D).

Bid Facility. The “Noble Bliss Windpark” electric generating station that has been identified and described in the Application Package and Bid Proposal submitted by Seller to RFP 1037, consisting of a specified Nameplate Capacity of 100.5 MW. The Noble Bliss Windpark is an Intermittent Bid Facility.

Bid Facility means the credit facility for the requesting and making of Bid Advances described in Section 2.1.

Bid Facility. The “Noble Altona Windpark” electric generating station that has been identified and described in the Application Package and Bid Proposal submitted by Seller to RFP 1037, consisting of a specified Nameplate Capacity of 102 MW. The Noble Altona Windpark is an Intermittent Bid Facility.

Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP21-1. Delivery Term, subject to adjustments pursuant to Article IV (Pricing and Payment) and Article V (Adjustments). This number will equal the Expected Annual Production multiplied by the Bid Quantity Percentage. Subject to adjustments made pursuant to Article V, for all transactions contemplated and consummated under this Agreement the Bid Quantity shall be as stated in Schedule 1 of this Agreement.