Cleared Quantity definition

Cleared Quantity. Means the initial amount of Load Relief, measured in kW, awarded to an Applicant and that will be associated with an Aggregation.
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Cleared Quantity means the quantity of Load Relief, measured in kW, awarded to the DR Provider in an Auction for a DR Product.
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Examples of Cleared Quantity in a sentence

  • If accepted, the Cleared Quantity of Load Relief for each Aggregation shall become the Cleared Quantity associated with that Aggregation.Early Exit options and feesApplicants shall have the opportunity to declare a Deficient Quantity in an aggregation and pay an Early Exit Fee on or before November 1 prior to the forthcoming Capability Period.

  • Early Exit Fee = (Deficient Quantity kW) × (Auction Clearing Price) × (10%) The Portfolio Quantity is the Cleared Quantity less the Deficient Quantity.

  • If accepted, the Cleared Quantity of Load Relief for each Aggregation shall become the Cleared Quantity associated with that Aggregation.Early Exit Options and Fees‌Applicants shall have the opportunity to declare a Deficient Quantity in an Aggregation by November 1 prior to the forthcoming Capability Period.

  • Ensure that the template selected matches the desired Vintage Year associated with the proposal.Applicants may apply for as many Aggregations as they wish provided Applicants are awarded a total of at least 50 kW of Cleared Quantity associated with all Aggregations in a single program and Vintage Year.

  • Application‌ Form of Application‌Applicants must bid a minimum of at least 50 kW of Cleared Quantity associated with each Aggregation in a single program and Vintage Year.

  • If accepted, the Cleared Quantity of Load Relief for each Aggregation shall become the Cleared Quantity associated with that Aggregation.Early Exit Options and FeesApplicants shall have the opportunity to declare a Deficient Quantity in an Aggregation by November 1 prior to the forthcoming Capability Period.

  • Form of ApplicationApplicants must bid a minimum of at least 50 kW of Cleared Quantity associated with each Aggregation in a single program and Vintage Year.

  • If accepted, the Cleared Quantity of Load Relief for each Aggregation shall become the Cleared Quantity associated with that Aggregation.

  • Applicants may apply for as many Aggregations as they wish provided Applicants are awarded a total of at least 50 kW of Cleared Quantity associated with all Aggregations in a single program and Vintage Year.

  • Appendix B Defined Calculations for Financial Elements and Compensation Equation 1 𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝐴𝑠𝑠𝑢𝑟𝑎𝑛𝑐𝑒 = 𝑃𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜 𝑄𝑄𝑢𝑎𝑛𝑖𝑡𝑦 𝑖𝑛 𝑘𝑘𝑘 ∗𝑚𝑖𝑛𝑖𝑚𝑢𝑚 𝑜𝑓 [($150) 𝑜𝑟 (𝑐𝑜𝑛𝑡𝑟𝑎𝑐𝑡 𝑙𝑒𝑛𝑔𝑡ℎ 𝑖𝑛 𝑦𝑒𝑎𝑟𝑠 ∗ 𝐶𝑙𝑒𝑎𝑟𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 ∗ 0.3)] To reduce an Aggregation’s Cleared Quantity, an Aggregator may pay an Early Exit Fee to be relieved of its obligation to deliver a Deficient Quantity during the contract term.

Related to Cleared Quantity

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

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

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • MMBtu means one million British thermal units.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • Network Supply Point or "NSP" means any Point of Connection between:

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • FOB means Free on Board