Buyer Bid Curtailment means the occurrence of all of the following:
Buyer Bid Curtailment means Buyer as SC communicates a curtailment instruction to the Seller, requiring Seller to produce less Energy from the Project than the CAISO final market forecast amount to be produced from the Project for a period of time, and Buyer as the SC either (a) submitted a CAISO final market Energy Supply Bid and such curtailment is solely a result of the CAISO implementing the Energy Supply Bid; or (b) submitted a CAISO final market Self-Schedule for less than the amount of the final-market Energy forecasted to be produced from the Project. However, if the Project is subject to a Planned Outage, Forced Outage, Force Majeure and/or a Curtailment Period during the same period of time, then Buyer Bid Curtailment shall not include any Energy that is subject to such Planned Outage, Forced Outage, Force Majeure or Curtailment Period.
Buyer Bid Curtailment means the occurrence of all of the following:
(a) the CAISO provides notice to a Party or Buyer’s SC, requiring the Party to produce less Energy from the Project than forecasted to be produced from the Project for a period of time;
(b) for the same time period as referenced in (a), Buyer or Buyer’s SC:
(i) did not submit a Self-Schedule or an Energy Supply Bid for the MW subject to the reduction; or
(ii) submitted an Energy Supply Bid and the CAISO notice referenced in (a) is solely a result of CAISO implementing the Energy Supply Bid; or
(iii) submitted a Self-Schedule for less than the full amount of Energy forecasted to be produced from the Project; and
(c) no other circumstances exist that constitute a Planned Outage, Forced Outage, Force Majeure and/or a Curtailment Period during the same time period as referenced in (a).
Examples of Buyer Bid Curtailment in a sentence
The Town of Barnstable supported the issuance of an easement over Craigville Beach, and the Commonwealth issued the Article 97 approval required for the Craigville Beach landfall site in 2022.
Seller shall be liable pursuant to Section 3.1(p)(ii) for failure to comply with a Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order, during the time that Seller’s facilities, communications links or other equipment, protocols or practices are not in compliance with then-current methodologies.
Seller agrees to reduce the Project’s generation by the amount and for the period set forth in the Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order.
Operational characteristics of the Project for Buyer Bid Curtailment and Buyer Curtailment Orders are listed below.
Seller agrees to reduce the amount of Facility Energy produced by the Facility, by the amount and for the period set forth in any Curtailment Order, Buyer Curtailment Order, or notice received from CAISO in respect of a Buyer Bid Curtailment, provided that Seller is not required to reduce such amount to the extent it is inconsistent with the limitations of the Facility set out in the Operating Restrictions.
More Definitions of Buyer Bid Curtailment
Buyer Bid Curtailment means the occurrence of all of the following: (a) the CAISO orders, directs, or provides notice to a party, which has the effect of requiring the Party to produce less Energy from the Project than capable of being and expected and forecasted to be produced from the Project for the applicable time period; (b) Buyer or Buyer’s SC did not submit a Self-Schedule or Energy Supply Bid for the MWh subject to the reduction, or Buyer or Buyer’s SC submitted an Energy Supply Bid and such Energy Supply Bid resulted in a Schedule that was less than the amount of Energy capable of being and expected and forecasted to be produced by the Project for the same period of time; and (c) no other circumstances exist that constitutes a Force Majeure and/or a Curtailment Period.
Buyer Bid Curtailment means the occurrence of all of the following:
(a) the CAISO provides notice to a Party or Buyer’s SC, requiring the Party to produce less Energy from the Project than forecasted to be produced from the Project for a period of time;
(b) for the same time period as referenced in (a), Buyer or Buyer’s SC:
(i) did not submit a Self-Schedule or an Energy Supply Bid for the MW subject to the reduction; or
(ii) submitted an Energy Supply Bid and the CAISO notice referenced in (a) is solely a result of CAISO implementing the Energy Supply Bid; or
(iii) submitted a Self-Schedule for less than the full amount of Energy forecasted to be produced from the Project; and
(c) no other circumstances exist that constitute a Force Majeure and/or a Curtailment Period during the same time period as referenced in (a). For the avoidance of doubt, if Buyer or Buyer’s SC submitted a Self-Schedule for the full amount of Energy forecasted to be produced from the Project for any time period, any notice from the CAISO having the effect of requiring a reduction during the same time period is a Curtailment Order, not a Buyer Bid Curtailment.
Buyer Bid Curtailment means the occurrence of both of the following: the CAISO provides notice or instruction to a Party or the Scheduling Coordinator for the Generating Facility, requiring the Party to deliver less Generating Facility Energy from the Generating Facility than the full amount of energy forecasted in accordance with Section 4.3, including forecasts from an Approved Forecast Vendor, to be produced from the Generating Facility for a period of time; and for the same time period as referenced in (a), the notice or instruction referenced in (a) results from Buyer or the SC for the Generating Facility or the Storage Facility, as applicable, as the result of a Buyer instruction or lack of instruction to such SC: not having submitted a Self-Schedule or Energy Supply Bid for the MW subject to the reduction; having submitted an Energy Supply Bid and the MW subject to the reduction were not awarded a schedule in connection with such Energy Supply Bid; having submitted a Self-Schedule for less than the full amount of energy forecasted to be generated by or delivered from the Generating Facility; or having submitted a Self-Schedule, Energy Supply Bid, or bid for Ancillary Services for the Storage Facility. If the Generating Facility is subject to a Planned Outage, Forced Facility Outage, Force Majeure Event and/or a Curtailment Period during the same time period as referenced in (a), then the calculation of Deemed Delivered Energy during such period shall not include any Generating Facility Energy that was not generated or stored due to such Planned Outage, Forced Facility Outage, Force Majeure Event or Curtailment Period.
Buyer Bid Curtailment means Buyer as SC or through its Third-Party SC communicates a curtailment instruction to the Seller, requiring Seller to produce less Energy from the Project than the CAISO final market forecast amount to be produced from the Project for a period of time, and Buyer as the SC or through its Third-Party SC either (a) submitted a CAISO final market Energy Supply Bid and such curtailment is solely a result of the CAISO implementing the Energy Supply Bid; or
Buyer Bid Curtailment means any curtailment of the Facility arising out of or resulting from the manner in which Buyer bids, offers or schedules the Facility, the Energy or any Products, or in which Buyer fails to do so, including a situation where all of the following occurs:
Buyer Bid Curtailment means the occurrence of all of the following: (a) the CAISO orders, directs, or provides notice to a Party, which has the effect of requiring the Party to produce less Energy from the Project than capable of being and expected and forecasted to be produced from the Project for the applicable time period; (b) Buyer or Buyer’s SC did not submit a Self-Schedule or Energy Supply Bid for the MWh subject to the reduction, or Buyer or Buyer’s SC submitted an Energy Supply Bid and such Energy Supply Bid resulted in a Schedule that was less than the amount of Energy capable of being and expected and forecasted to be produced by the Project for the same period of time; and (c) no other circumstances exist that constitutes a Force Majeure and/or a Curtailment Period.
Buyer Bid Curtailment means Buyer as SC communicates a curtailment instruction to the Seller, requiring Seller to produce less Energy from the Facility than the CAISO final market forecast amount to be produced from the Facility for a period of time. However, if the Facility is subject to a Scheduled Outage, Forced Outage, Force Majeure and/or a Curtailment Period during the same period of time, then Buyer Bid Curtailment shall not include any Energy that is subject to such Planned Outage, Forced Outage, Force Majeure or Curtailment Period.