Capacity Overrun definition

Capacity Overrun means an Entry Capacity Overrun, an Exit Capacity Overrun, a Sub-Sea I/C Offtake Capacity Overrun or a Supply Point Capacity Overrun, as the case may be;
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Capacity Overrun means, in respect of any hour, a situation where the Shipper exceeds either of the following:
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Examples of Capacity Overrun in a sentence

  • Customers who consume a capacity of Hydro Peaking Power greater than their Peaking Contract Demand may be subject to a Capacity Overrun Penalty.

  • In the event that a Customer underschedules its resources to serve its load, resulting in a difference between resources and actual metered load (adjusted for transformer losses as applicable) outside the authorized bandwidth for Energy Imbalance Service for any hour, then such Customer is subject to the Capacity Overrun Penalty.

  • A Capacity Overrun Penalty shall be applied only when the formulas provided in Customers’ respective Power Sales Contracts indicate an overrun on Hydro Peaking Power, and investigation determines that all resources, both firm and non-firm, which were available at the time of the apparent overrun were insufficient to meet the Customer’s load.

  • These Price Supplements constitute the only indemnification, which GRTgaz may claim in the event of a Daily or Hourly Capacity Overrun.

  • For each Daily Transmission Capacity on the Regional Network specified in Appendix 2 to the Contract, the Daily Transmission Capacity Overrun on the Regional Network is equal to the Daily Delivery Capacity Overrun at the corresponding Delivery Point.

  • Should GRTgaz reduce or interrupt Daily Delivery Capacity on a given Day, the Daily Delivery Capacity Overrun for the said Day shall be calculated by reducing the Daily Delivery Capacity by the proportion thus interrupted or reduced.

  • For any Daily Exit Capacity Overrun on the Main Network, or Daily Transmission Capacity Overrun on the Regional Network or Daily Delivery Capacity Overrun less than or equal to three per cent (3%) of the corresponding Daily Capacity, no Price Supplement for Daily Capacity Overrun shall be due by the Shipper.

  • For any Daily Exit Capacity Overrun on the Main Network, or Daily Transmission Capacity Overrun on the Regional Network or Daily Delivery Capacity Overrun in excess of ten per cent (10%) of the said Daily Capacity, a Price Supplement related to the Daily Capacity Overrun shall be due by the Shipper, calculated as follows: where CPDCJ, PUQCJ, DCJ and CJ have the same definitions as above.

  • Deviations outside the authorized bandwidth are subject to a Capacity Overrun Penalty.

  • For any Hourly Capacity Overrun less than or equal to ten per cent (10%) of the corresponding Hourly Capacity, no Price Supplement for Hourly Capacity Overrun shall be due by the Shipper.

Related to Capacity Overrun

  • 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.

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Subproject means a specific development activity under Part 3(c)(ii) of the Project, and included in the Community and Sector Development Plans, to be financed out of the proceeds of a Sub-grant; and “Subprojects” means more than one such Subproject.

  • 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).

  • Capacity Resource shall have the meaning provided in the Reliability Assurance Agreement.

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Capacity Storage Resource means any Energy Storage Resource that participates in the Reliability Pricing Model or is otherwise treated as capacity in PJM’s markets such as through a Fixed Resource Requirement Capacity Plan.

  • Power plant means a facility for the generation of

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.

  • EPC Contractor means the contractor responsible for engineering, procurement and construction of the Facility, including Seller if acting as contractor, and including all subcontractors.

  • 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.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • 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.

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.