Developmental Resource definition

Developmental Resource means a Facility that, as of the date of Bidder’s proposal with respect to such Facility and the execution of the Definitive Agreement (if any) in respect of such proposal, (i) (a) has never been placed into commercial service and has not been accepted by its owner as having achieved (or been deemed to have achieved) the requirements for commercial operation or other similar state of completion under the applicable project construction contracts or (b) has been and remains removed from commercial service and (ii) will make available and generate the power to be provided to Buyer under the Definitive Agreement from new power generation equipment that meets the requirements of this RFP.
Developmental Resource or “Developmental Proposal” means a resource, or proposal for such resource, that has not yet begun operation, including a proposal for a new CCGT.
Developmental Resource or “Developmental Proposal” means a Facility or resource that, as of the date of Bidder’s proposal with respect to such Facility or resource, has not been placed into commercial service and has not been accepted by its owner as having achieved (or been deemed to have achieved) the requirements for commercial operation (or analogous term) under the applicable project contracts, or a proposal for such a resource submitted in response to this RFP.

Examples of Developmental Resource in a sentence

  • The VAT will notify the CET whether one or more Bidders have submitted proposals in which the Developmental Resource or the proposal fails to meet one or more of the Minimum Requirements set forth in Appendix D.

  • RCOC State Developmental Resource Group will be reasonable for scoring Section III of the proposal.

  • Evidence of at least one recent successful financing completed by Bidder (or an Affiliate) or that potential lenders have been engaged in initial, bona fide discussions to ascertain interest, market conditions and indicative terms for financing the Developmental Resource.

  • ETI will accept for evaluation PPA and Toll proposals that offer less than the entire capacity of the generation resource (whether the resource is an existing resource or a Developmental Resource) and meet the requirements for participation in this RFP.

  • Appendix C-1 contains questions and requests for information or material that Bidders will be required to answer or provide in connection with any proposal submitted into this RFP based on a Developmental Resource.

  • Bidder may be required to supply information concerning the subject CCGT technology and potential Developmental Resource to ESL and the Independent Monitor to assist ESL in the development of its response.

  • If a Bidder is unclear whether a Developmental Resource that Bidder intends to or may propose in the RFP would be located within the [Eastern Region], Bidder may request that ESL advise Bidder whether the Developmental Resource is within the [Eastern Region] and ESL will answer the request.

  • The IM, in consultation with ESI, intends to retain an independent consulting engineer to evaluate the reasonableness of the construction cost estimates of the Self-Build Option and, potentially, to undertake a similar evaluation for any other Developmental Resource supporting a proposal submitted in this RFP.

  • Appendix D describes the Minimum Requirements for Developmental Resources that Bidders must satisfy for Bidder to submit a conforming proposal for a Developmental Resource in this RFP and addresses certain potential consequences of a failure to meet those requirements.

  • Eligible CCGT-based Developmental Resource equipment and design may NOT include steam injection for power augmentation, a single shaft combined-cycle design, or high- fogging equipment (e.g., overspray, wet compression, spray inter-cooling).


More Definitions of Developmental Resource

Developmental Resource or “Developmental Proposal” means a resource that is not in commercial service, or a proposal for such a resource submitted in response to this RFP.
Developmental Resource means a Facility that, as of the date of Bidder’s proposal with respect to such Facility and the execution of the Definitive Agreement (if any) in respect of such proposal,
Developmental Resource or “Developmental Proposal” means an RER that is not in commercial service, or a proposal for such an RER submitted in response to this RFP.

Related to Developmental Resource

  • Development means any man-made change to improved or unimproved real estate, including, but not limited to, buildings or other structures, mining, dredging, filling, grading, paving, excavation or drilling operations, or storage of equipment or materials.

  • Development Authority means the New Jersey Schools

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • Resource means assets and income.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in: