Capacity purchase definition

Capacity purchase or “sale commitment” means electric generating capacity which a utility has committed to purchase or sell by means of contracts or other enforceable agreements.
Sample 1Sample 2Sample 3
Capacity purchase shall have the meaning set forth in Appendix A.
Sample 1

Examples of Capacity purchase in a sentence

  • Except for System Peak Responsibility, all other information shall be provided prior to establishing System Peak Responsibility for a Capacity Year and shall include; validation of System Capacity per SPP Rating of Generating Equipment Criteria, Capacity purchase and sale contracts, Firm Power purchase and sale contracts, and firm transmission service agreements.

  • Failure of the small power producing facility to operate at the level of performance forecasted by the customer shall result in the Company adjusting the Capacity purchase price to reflect the demonstrated performance of the small power producing facility in question.B Maintenance or Back-Up Capacity: Small power producing customers desiring standby capacity for equipment failure or planned maintenance may contract with the Company the amount of standby capacity desired.

  • Given the number of Customers that have already executed the SSSA, we can no longer change elements of this critical standard agreement.In addition to the SSSA, Customers will enter into a separate confidential Primary Capacity Agreement providing the specific details of a Customer’s Capacity purchase (size, tenor, price).The SSSA and Primary Capacity Agreements are agreements between the Customer and TAQA Gas Storage B.V. (“GSB”).

  • Deriving the Shaping Capacity purchase amount for an example month (November): Determine the measured FY 2010 variance between the customer’s monthly HLH peak and average HLH load for the month, and then compare that to the customer's Net Requirement amount (because that is its limit).

  • Capacity purchase fees are now presented as a separate line item and continue to exclude the component of fees related to aircraft costs which are accounted for as lease liabilities in accordance with IFRS 16.

  • The program is a candidate for scaling up at a later stage2 .▪ BPO market development (from $0.3m to $6.6m): The ongoing BPO Capacity purchase pilot has shown that take-up of capacity is constrained by the ability of the BPO industry to scale up.

  • The net amounts consisted of the following for the three months ended March 31 (in millions, except percentage changes): Capacity purchase expenses$213$353$(140)(39.7)%Aircraft sublease income -(61)(61)(100.0)%Regional capacity purchase, net$213$292$ (79)(27.1)% Capacity purchase expenses decreased due to rate reductions in conjunction with our amended capacity purchase agreement with ExpressJet effective July 1, 2008 and capacity reductions.

  • Technical assistance activities in this area, however, have been retained.▪ Capacity purchase for Government use (from $7m to $6m): Capacity prices are now lower than initial estimates.▪ BPO capacity purchase (from $8m to $1.5m): Due partly to industry development and also to implementation delays, the absorption of funds for this activity will be significantly lower than expected.

  • Capacity purchase agreement shall be executed in accordance with the standard agreement for the purchase of the service of maintaining the availability of capacity approved by the Order of the Minister of Energy of the Republic of Kazakhstan No. 683 dated 3 December 2015 (registered in the Registry of State Registration of Regulatory Legal Acts under No. 12522).

  • PSC 111.21 Capacity data.PSC 111.23 Capacity purchase and sale data affecting electric power supply.

Related to Capacity purchase

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Capacity Transfer Right means a right, allocated to LSEs serving load in a Locational Deliverability Area, to receive payments, based on the transmission import capability into such Locational Deliverability Area, that offset, in whole or in part, the charges attributable to the Locational Price Adder, if any, included in the Zonal Capacity Price calculated for a Locational Delivery Area.

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

  • Approved purchasing system means a Contractor’s purchasing system that has been reviewed and approved in accordance with Part 44 of the Federal Acquisition Regulation (FAR)

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

  • Incremental Capacity Transfer Right means a Capacity Transfer Right allocated to a Generation Interconnection Customer or Transmission Interconnection Customer obligated to fund a transmission facility or upgrade, to the extent such upgrade or facility increases the transmission import capability into a Locational Deliverability Area, or a Capacity Transfer Right allocated to a Responsible Customer in accordance with Tariff, Schedule 12A. Incremental Deliverability Rights (IDRs):

  • Emergency Purchase means a purchase necessitated by a sudden unexpected turn of events (for example, acts of God, riot, fires, floods, hurricanes, accidents, or any circumstances or cause beyond the control of the Board in the normal conduct of its business), where the Board finds

  • Third Party Purchaser has the meaning set forth in Section 3.1(a).

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.