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.
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.
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.

Examples of Economic capacity in a sentence

  • Economic capacity – Signed Statement on economic capacity (Annex 4 to Invitation to Tender) Ponuda mora sadržavati minimalno:1.

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

  • C ) Financing base d) Economic capacity issues: i) capacity for reliable metering of supplied and used water; According to the due legislation, water utilities should register and keep records on water throughout the chain - from abstraction/intake of water from the source and to its delivery to users.

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

  • Economic capacity While the Municipality has a comparatively low proportion of child-headed households and a high HDI (0.60), Resident Participation Capacity is moderate due to limited access to health, and particularly education, professionals and services.

  • Economic capacity – Signed Statement on economic capacity (Annex 4 to Invitation to Tender)5.

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

  • In The Discipline of Organizing, edited by Glushko, R.J., 283–324.

  • Currently , MHO has ongoing projects at Konso zone , SNNPR a project entitled” “Build Climate Change Resilient Economic capacity and Environmental protection role of Ethiopian women through integrated approaches” and Ethiopian Social Accountability project/ ESAP3/ project in Arada and Bole Sub cities in Addis Ababa.

  • Economic capacity is conceptualized as the ability of a territory to deal proactively with various external (and internal) threats to achieve socioeconomic development.


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.

Related to Economic capacity

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

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

  • Capacity means the installed capacity requirement of the Reliability Assurance Agreement or similar such requirements as may be established.