Capacity Contract definition

Capacity Contract means a contract entered into by the Secretary and an eligible entity for the right to the use of the transmission capacity of an eligible project.
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Capacity Contract means a contract where the capacity of a generating station is contracted in advance wherein the generating station is obligated to despatch contracted electricity as and when required by such buyer during the tenure of the contract and consideration by way of capacity payment is made by the buyer;
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Capacity Contract means a transport contract between a transmission system operator and a network user;
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Examples of Capacity Contract in a sentence

  • The submitted schedule data of cross-border electricity exchange shall contain data which unambiguously determine the PTRs (Capacity Agreement Identification and Capacity Contract Type).

  • Accordingly, a Shipper’s Accepted Nomination of Interruptible Capacity can be changed if another Shipper with a Firm Capacity Contract makes a Renomination of Firm Capacity.

  • No Party shall be entitled to disclose Confidential Information to any third party without the prior written consent of the other Party, except to appropriate governmental authorities or to Arbitrators under this Capacity Contract or when required by mandatory law or regulations.

  • The Confidential Information may be disclosed to advisors, contractors, banks or other financing entities and employees of the Parties only to the extent required for the proper performance of the obligations arising out of this Capacity Contract.

  • The conclusion of a Capacity Contract and compliance with the respective rules entitle the System User to allocate Entry and/or Exit capacity to a balance group or a sub balance account.

  • If any of the provisions of this Capacity Contract, including any part of the General Terms and Conditions is or becomes ineffective, illegal, invalid, unenforceable, inoperative or void, the effectiveness of the other provisions shall not be affected or impaired thereby and will remain in full force and effect.

  • In the event of any conflict between this Capacity Contract and the Annexes (with exclusion of Annex 1 “General Terms and Conditions”), this Capacity Contract shall prevail.

  • In such event, the corresponding amendments to the Quality Specification shall be forthwith applied also for the purpose of this Capacity Contract.

  • The offered Balance Group Management service has been implemented pursuant to the provisions of the Austrian Natural Gas Xxx 0000, the Other Market Rules (Sonstige Marktregeln, SoMa), the General Terms and Conditions for Transmission Network Access of TAG GmbH and the Capacity Contract stipulated between the System User and TAG GmbH.

  • System User agrees automatically with the final confirmation of the partial Assignment by TSO that as of the effective date of such assignment to the assignee this Capacity Contract is amended accordingly to reflect the assignment.


More Definitions of Capacity Contract

Capacity Contract or “Contract” shall mean this Generating Capacity & Power Sales Contract, as amended from time to time, providing for the purchase, installation, ownership, and maintenance of the Generating Facilities and the sale of Electricity from the Generating Facilities by the Agency to the Participant.
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Capacity Contract means a gas transportation contract between a transmission system operator and a Registered Network User as defined in article 2 of the Regulation.
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Capacity Contract means a transport contract between a transmission system operator and a network user as defined in article 2 of Regulation (EC) 715/2009.
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Capacity Contract. ’ means a
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Capacity Contract means a contract describing the quantity of capacity, time periodof use and other conditions of use of capacity allocated to a Shipper.
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Capacity Contract means a contract for the use of otherwise uncommitted rail capacity of the COLT Terminal, but shall not include any such contract with a customer who as of the date of this Agreement has an option to utilize additional capacity at the COLT Terminal.
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Related to Capacity Contract

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Capacity Export Transmission Customer means a customer taking point to point transmission service under Tariff, Part II to export capacity from a generation resource located in the PJM Region that has qualified for an exception to the RPM must-offer requirement as described in Tariff, Attachment DD, section 6.6(g).

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Capacity Interconnection Rights means the rights to input generation as a Generation Capacity Resource into the Transmission System at the Point of Interconnection where the generating facilities connect to the Transmission System.

  • Inter-connection Point means interface point of renewable energy generating facility with the transmission system or distribution system, as the case may be:

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI.

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Storage Contract means the contract described in paragraph 8.3.3 of the Conditions of Business or paragraph

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Interconnection Provider means PacifiCorp Transmission.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Hedge Contract means any exchange, swap, forward, cap, floor, collar, option or other similar agreement or arrangement entered into for the purpose of reducing the exposure of a Group Member to fluctuations in interest rates, the price of hydrocarbons, basis differentials or currency exchange rates in their operations or financing activities and not for speculative purposes.

  • Auxiliary Water Supply means any water supply on or available to the premises other than the water purveyor's approved public water supply such as, but not limited to, a private well, pond or river.

  • Definite quantity contract means a fixed price contract that provides for a

  • Capacity Market Buyer means a Member that submits bids to buy Capacity Resources in any Incremental Auction.

  • Fixed wing turbine powered aircraft means an aircraft that:

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.