Economic capacity definition

Economic capacity means the amount of generating capacity owned or controlled by a potential supplier with variable costs low enough that en- ergy from such capacity could be eco- nomically delivered to the destination market. Prior to applying the delivered price test, the generating capacity meeting this definition must be ad- justed by subtracting capacity com- mitted under long-term firm sales con- tracts and adding capacity acquired under long-term firm purchase con- tracts (i.e., contracts with a remaining commitment of more than one year). The capacity associated with any such adjustments must be attributed to the party that has authority to decide when generating resources are avail- able for operation. Other generating capacity may also be attributed to an- other supplier based on operational control criteria as deemed necessary, but the applicant must explain the rea- sons for doing so.
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Economic capacity means theamount of generating capacity owned or controlled by a potential supplier withvariable costs low enough that energy from such capacity could beeconomically delivered to thedestination market. Prior to applying the delivered price test, the generatingcapacity meeting this definition must be adjusted by subtracting capacity that is committed under long-term firm salescontracts and adding capacity that isacquired under long-term firm purchase contracts (i.e., contracts with aremaining commitment of more than one year). In addition, any generatingcapacity of the potential supplier that is under the operational control of a third- party must be attributed to the party for whose economic benefit the capacity is operated; generating capacity may also be attributed to another supplier forother reasons deemed necessary, but the applicant must explain the reasons fordoing so.
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Economic capacity means the amount of generating capacity owned or controlled by a potential supplier with variable costs low enough that energy from the capacity could be delivered to the relevant geographic market at a price no more than 5% above the pre−transaction market clearing price; less any capacity that is committed under long−term firm sales contracts; plus any capacity that is acquired under long−term firm purchase contracts, and any generating capacity that is under the operational control of a third−party but the potential supplier receives the economic benefit of the capacity. In this subsection, a long−term sales or purchase contract means a sales or purchase contract which has a remaining commitment of more than one year.
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Examples of Economic capacity in a sentence

  • Technical and Economic Capacity 3.1.6a Economic capacity refers to the impact of the arms import on the availability of the financial and economic resources of the recipient country for other purposes, in the immediate, medium and long term.

  • Technical and Economic Capacity 3.8.4a Economic capacity refers to the impact of the arms import on the availability of the financial and economic resources of the recipient country for other purposes, in the immediate, medium and long term.

  • Accordingly, we use the yield on outstanding German government bonds with a maturity of fifteen to thirty years as published by the Bundesbank.

  • Economic capacity – Signed and completed Statement on economic capacity (Annex 5 to Invitation to Tender)6.

  • Economic capacity of the rangelands should not be undermined but invested in resources just like the ranch areas of the elites (Ibid).

  • The District Valuer Services (part of the Valuation Office Agency) fulfils an essential and key role in the primary care development process.

  • Economic capacity includes all generation in a given area that can be delivered at a price not exceeding 105% of the market price.

  • Agenda and additional materials will be shared by the Secretariat in advance of each meeting or workshop.

  • The department completed the Local Economic capacity assessment in 25 municipalities.

  • Economic capacity will therefore be evaluated by comparison between this turnover in manufacturing of furniture and the aggregated annual amount of all the lots for which you are tendering.


More Definitions of Economic capacity

Economic capacity means theamount of generating capacity owned or controlled by a potential supplier with variable costs low enough that energy from such capacity could beeconomically delivered to the destination market. Prior to applying the delivered price test, the generating capacity meeting this definition must be adjusted by subtracting capacity committed under long-term firm sales contracts and adding capacity acquired under long-term firm purchase contracts (i.e., contracts with a remaining commitment of more than one year).The capacity associated with any such adjustments must be attributed to the party that has authority to decide when generating resources are available for operation. Other generating capacity may also be attributed to another supplier based on operational control criteria as deemed necessary, but the applicant must explain the reasons for doing so.
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Related to Economic capacity

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • RA Capacity means the maximum megawatt amount that the CAISO recognizes from a Project that qualifies for Buyer’s Resource Adequacy Requirements and is associated with the Project’s Capacity Attributes.

  • Excess Capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • 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.

  • Additional Capacity means, in relation to the Network, the capability of the Network to carry additional task by an enhancement or improvement of the infrastructure forming part of the Network or Associated Facilities;

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • 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.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Committed Capacity means that portion of the Capacity that is required to meet the Capacity Entitlements of Access Holders;

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • Local Capacity Area has the meaning set forth in the CAISO Tariff.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

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

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

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

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.