Capacity Benefits definition

Capacity Benefits means *** ***
Sample 1Sample 2Sample 3
Capacity Benefits means any current or future defined characteristic, certificate, tag, credit, or ancillary service attribute, whether general in nature or specific as to the location, or any other attribute of each Facility, intended to value the electrical capacity of a Facility or any aspect of the capacity of a Facility to produce Electric Energy or ancillary services, including any accounting construct so that the Electric Capacity of such Facility may be counted toward a resource adequacy requirement, or any other measure under Applicable Laws, for WAPA to procure, or to procure at WAPA’s expense, resource adequacy or other such products.
Sample 1
Capacity Benefits means any current or future defined characteristic, certificate, tag, credit, or ancillary service attribute, whether general in nature or specific as to the location, or any other attribute of the Project, intended to value the electrical capacity of the Project or any aspect of the capacity of the Project to produce electric energy or ancillary services, including any accounting construct so that the Electric Capacity of the Project may be counted toward a resource adequacy requirement or any other measure under Applicable Laws, to require PPUC to procure, or to procure at PPUC’s expense, resource adequacy or other such products.
Sample 1

Examples of Capacity Benefits in a sentence

  • The Available Flowgate Capability (“AFC”) is the applicable rating of the flowgate less the projected loading across the particular flowgate less Transmission Reliability Margin and Capacity Benefits Margin.

  • Accordingly, the Parties agree that Capacity Benefits belong to CL&P subject to the Capacity Program bidding arrangements between the Parties set forth in this Section 4.3.

  • The formula deducts the PPA Price (“Levelized Contract Cost”), Transmission Cost, and Congestion Cost from the sum of the Energy Benefitand Capacity Benefits to determine a project’s Net Market Value (“NMV”).

  • CPITD value is discounted to PY1.8. Total TRC Benefits equals the sum of Total Lifetime Energy Benefits and Total Lifetime Capacity Benefits.

  • In such event, effective upon written notice by CL&P to AER, AER shall hereby reassigns all right, title and interest to the Capacity Benefits associated with any capacity bid into any Capacity Program in connection with such submission to CL&P and to take any and all action necessary to assure such assignments, including but not limited to executing any and all documents to evidence the same.

  • Universe of Energy and Capacity Benefits for Electricity and Natural Gas Note: More detail on each of these components can be found in Chapter 3 of the Action Plan’s Guide to Resource Planning with Energy Efficiency (National Action Plan for Energy Efficiency, 2007b).

  • The formula deducts the PPA Price (Levelized Contract Cost), Transmission Cost, and Congestion Cost from the sum of the Energy Benefit and Capacity Benefits to determine a project’s Net Market Value (“NMV”).

  • The AFC is the applicable rating of the applicable Flowgate less the projected loading across the applicable Flowgate less Transmission Reliability Margin and Capacity Benefits Margin.

  • Potential CAV Capacity Benefits • FHWA research suggests that, in the long-term, CAVs could safely travel at closer headways (platoon), which could increase traditional volume/capacity ratios.• CAVs could utilize real-time traffic data that allows for efficient optimization across the entire transportation network.

  • Besides, it should be noticed that electricity generation by CST technology with thermal energy storage can be more competitive when the comprehensive net costs of these plants are compared to other renewable energy sources, like wind or PV (Net Cost = Levelized Cost of Energy + Transmission Cost + Integration Cost – Energy Benefits – Ancillary Service Benefits – Capacity Benefits) [17].


More Definitions of Capacity Benefits

Capacity Benefits means the amount of capacity that is attributable to the physical generating capacity of Provider’s System which may count toward the New England Independent System Operator’s (ISO-NE) installed capacity market or the capacity market of any other independent system operator located in the United States.
Sample 1

Related to Capacity Benefits

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Capacity Benefit Margin or “CBM” shall mean the amount of firm transmission transfer capability preserved by the transmission provider for Load-Serving Entities (“LSEs”), whose loads are located on that Transmission Service Provider’s system, to enable access by the LSEs to generation from interconnected systems to meet generation reliability requirements. Preservation of CBM for an LSE allows that entity to reduce its installed generating capacity below that which may otherwise have been necessary without interconnections to meet its generation reliability requirements. The transmission transfer capability preserved as CBM is intended to be used by the LSE only in times of emergency generation deficiencies.

  • Relevant Benefits means any pension, annuity, lump sum, gratuity or other like benefit given or to be given on retirement or death, or in anticipation of retirement.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Disability Benefit means the benefit set forth in Article 8.

  • Annuity Benefit means a benefit payable by us as described in Part VII.

  • Retirement Benefit means the benefit set forth in Article 5.

  • SERP Benefit means the benefit described in Section 5.1.

  • Employment benefits means all benefits provided or made

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Social Security Benefits means any social insurance, pension insurance benefits, medical insurance benefits, work-related injury insurance benefits, maternity insurance benefits, unemployment insurance benefits and public housing reserve fund benefits or similar benefits, in each case as required by any applicable Law or contractual arrangements.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Benefits as defined in Section 3.1(b).

  • Primary Social Security Benefit means, with respect to any member, the primary insurance amount

  • Social Security Benefit means an amount received by a claimant as a monthly benefit in accordance with the Social Security Act, 42 U.S.C. Sec. 401 et seq.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • Termination Benefit means the benefit set forth in Article 7.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Accrued Benefit have the meanings specified in ERISA.