Economic Curtailment definition

Economic Curtailment shall have the meaning set forth in Section 8.2(A).
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Economic Curtailment. Has the meaning set forth at the end of the definition of Dispatch Down Period.
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Economic Curtailment has the meaning given to such term in Section 3.2(a).
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Examples of Economic Curtailment in a sentence

  • This Exhibit D-3 describes the methodology for computing Economic Curtailment Credit Value.

  • In addition to complying with the forecasting requirements set forth in Exhibit I, Seller must provide to Buyer the Economic Curtailment Limit Schedule using the Web Client.

  • If the Web Client becomes unavailable, Seller shall provide Buyer with the Economic Curtailment Limit Schedule by e-mail or by telephoning Buyer’s Generation Operation Center, at the e-mail address or telephone number(s) listed in Exhibit N.

  • Subject to Section 4 of this Exhibit U, for each Negative Pricing Hour where Buyer has provided Seller with a Curtailment Notice, the difference (in MWhs) between the Seller’s Day-Ahead Forecast and the Economic Curtailment Limit Schedule will count toward the Curtailment Period Cap for the applicable calendar quarter whether or not Seller chooses to curtail the Generating Facility’s production of the Power Product for such Negative Pricing Hour.

  • Economic Curtailment, Frequency, Costs, and Forecasting63SCE plans to bid resources with economic curtailment rights into the day-ahead and real-time markets.

  • Young stated that the financial statement presentation project is aiming to realign the financial reporting model so that a user can separately identify and evaluate an entity’s value-creating activities (business) and the funding of that value creation (financing).

  • There are two types of Tier 1 Economic Curtailment Hours: A and B (one type per period).

  • In addition to paying Seller for all Energy actually delivered hereunder, Buyer shall pay Seller, on the date payment would otherwise be due in respect of each month in which any Discretionary Curtailment or Economic Curtailment occurred, an amount equal to the product of (1) the amount of Energy that Seller could reasonably have delivered to Buyer but for such Discretionary Curtailment and/or Economic Curtailment and (2) the Price.(iii) Failure to Comply.

  • Tier 1 - All hourly energy consumed during a Tier 1 Economic Curtailment Hour, Tier 1 Energy, shall be billed at the applicable hourly Economic Buy- through Price, defined as the fair market price of energy as determined by the Company for each Economic Curtailment Hour in accordance with the Agreement.

  • Figure 12Daily Renewable Economic Curtailment in the Five-Minute Market by System Condition (2014 to present)78MWh90,00080,00070,00060,00050,00040,00030,00020,00010,0000Local System Oversupply causes low or negative prices for wholesale energy during periods of overgeneration.


More Definitions of Economic Curtailment

Economic Curtailment shall have the meaning set forth in Exhibit B.
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Economic Curtailment curtailments of delivery of Contract Energy that arise from MP’s scheduling and other market participation activities as may be required of MP as market participant for the Facility by the Market Operator, if any, including any such curtailment arising from any energy offer made by, or on behalf of, MP with respect to the Facility, including offers of price and quantity that result in curtailment. If Seller asserts that any curtailment was an Economic Curtailment and MP disputes that such curtailment arose from such scheduling or market participation activities of MP, MP shall furnish to Seller, subject to Section 17.19, copies of such records of MP relating to MP’s scheduling and market participation activities as Seller reasonably requests for purposes of resolving the dispute.
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Related to Economic Curtailment

  • Economic loss means any of the following types of pecuniary harm:

  • State average current expense appropriations per student means the most

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Disaster recovery project means a project located on property

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Uncontrollable Forces means any event which results in the prevention or delay of performance by a party of its obligations under this Agreement and which is beyond the reasonable control of the nonperforming party. It includes, but is not limited to fire, flood, earthquakes, storms, lightning, epidemic, war, riot, civil disturbance, sabotage, and governmental actions.

  • Cash from Operations means the net cash realized by the Company from any source other than a Capital Transaction, after payment of all cash expenditures of the Company, including, but not limited to, all operating expenses including all fees payable to the Manager or Affiliates, all payments of principal and interest on indebtedness, expenses for repairs and maintenance, capital improvements and replacements, and such reserves and retentions as the Manager reasonably determines to be necessary and desirable in connection with Company operations with its then existing assets and any anticipated acquisitions.

  • Operating Loss means a negative Operating Profit.

  • Cost Overrun means an obligation exceeding the maxi- mum capital expenditure authorized by an approval.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Anticipated county property tax revenue availability means the

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).

  • Funds From Operations shall have the meaning determined from time to time by the National Association of Real Estate Investment Trusts to be the meaning most commonly used by its members.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Distributed generation facility means a facility owned and operated by a member of the Cooperative for the production of electrical energy that:

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Electricity Distributor means the licensed operator of the distribution system through which electricity is supplied to you;

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

  • Replacement Benchmark means a benchmark rate which is:

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.