Capacity Credits definition

Capacity Credits means ZRCs or (i) if ZRCs are no longer recognized by MISO, such other form of capacity credits or capacity-related benefits that replaces ZRCs and that MISO recognizes for use in the satisfaction of MISO’s resource adequacy requirements or (ii) if a Balancing Authority other than MISO is the applicable Balancing Authority, such other form of capacity credits or capacity-related benefits that such Balancing Authority recognizes for use in the satisfaction of its resource adequacy or other similar requirements.

Capacity Credits means ZRCs or, if ZRCs are no longer recognized by MISO, such other form of capacity credits or capacity-related benefits that replaces ZRCs and that MISO recognizes for use in the satisfaction of MISO’s resource adequacy requirements.

Capacity Credits means credits generated by a wastewater treatment plant by

Examples of Capacity Credits in a sentence

• The School District agrees to make known to all future residential development applicants within the Concurrency Service Area or Adjacent Concurrency Service Areas within the same Geographic Area, the option to purchase Capacity Credits from this Mitigation Bank.

• In the event multiple mitigation banks are created by other applicants, for the same Concurrency Service Area or Adjacent Concurrency Service Areas within the same Geographic Area, the Capacity Credits shall be made available for transfer to future applicants in the order in which each mitigation bank was created.

• Future applicants may purchase Capacity Credit(s) only if the Mitigation Bank(s) has sufficient number of available seats to provide for the entire school capacity deficiency.

• Upon the full execution of this Agreement by all appropriate Parties and receipt by the School District of the Capacity Credits Purchase Funds, and transfer of Capacity Credits to the Applicant, the School District shall issue a Finding of Available School Facility Capacity (“Finding”) pursuant to the ILA.

• Upon expiration or transfer of all Capacity Credits, the School District shall issue a final report to Applicant (“Final Report”).

More Definitions of Capacity Credits

Capacity Credits has the meaning set forth in the PJM Reliability Agreement.

Capacity Credits means credits for capacity which meet the requirements set forth in the Reliability Assurance Agreement and the PJM Rules as defined therein.

Capacity Credits means those payments by a utility for the purchase of electric energy generated by the Facility made pursuant to applicable

Capacity Credits shall have the same meaning as set forth in Section 2.3 ---------------- of Schedule 11 to the Operating Agreement of the PJM Interconnection, L.L.C.

Capacity Credits has the meaning specified in the Reliability Assurance Agreement.

Capacity Credits means ZRCs or (i) if ZRCs are no longer recognized by MISO, such other form of capacity credits or capacity-related benefits that replaces ZRCs and that MISO recognizes for use in the satisfaction of MISO’s resource adequacy requirements or (ii) if a Balancing Authority other than MISO is the applicable Balancing Authority, such other form of capacity credits or capacity-related benefits that such Balancing Authority recognizes for use in the satisfaction of its resource adequacy or other similar requirements. “Capacity Rate” means the rate, expressed in $/kW-year, payable by Buyer to Seller for the contractually-stipulated capacity for a defined period during the Delivery Term, as more particularly described in Section2.2.2 of the Main Body and Appendices B-1, B-2 and B-4 to this RFP. “CCGT” means combined-cycle gas turbine.

Capacity Credits means ZRCs or, if ZRCs are no longer recognized by MISO, such other form of capacity credits or capacity-related benefits that replaces ZRCs and that MISO recognizes for use in the satisfaction of MISO resource adequacy requirements.