Economic Test definition

Economic Test means a test which is, or is to be, applied to assess the economic viability of an Incremental Capacity Project, the parameters of which are set out in section 4.6.2;
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Economic Test means a test applied to assess the economic viability of incremental capacity projects;
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Economic Test means the test identified as such in any joint project proposal submitted in accordance with Part H (Operations) Section 8.5.1 as approved in any decision of the Commission and any other regulatory authority published in accordance with Part H (Operations) Section 8.5.2;
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Examples of Economic Test in a sentence

  • G-158-15, effective April 1, 2016, the Threshold Purchase Price is the Trigger Price for the Network Economy Economic Test under Tariff Supplement 80 at all times of the year.

  • If the delivery day is part of an Extended Delivery window, then BC Hydro Grid Operations will post Economic Test results for the appropriate days.

  • A proportion of any design charge made in respect of associated reinforcement may be refunded, subject to the Economic Test, when the project proceeds.

  • Once a NE reservation has been received, and the priority type for the service assigned based on the Economic Test (Type 1 or Type 2), the reservation will not undergo any further Economic Testing, and the assigned priority type will persist regardless of subsequent changes.

  • A Transmission Customer may access Economic Test results in advance of an OASIS request to check whether the delivery hours of interest have been declared as Type 1 or Type 2 priority.

  • BC Hydro Grid Operations will perform the Economic Test for each hour of the delivery day and for each intertie.

  • BC Hydro Grid operations will store archived Economic Test results for up to 3 years.

  • Bid submission window IIIn case the Economic Test I is negative, the TSOs shall offer Bidders to submit Bids based on an updated price-quantity relationship, communicated to all Bidders.

  • BC Hydro Grid Operations will publish the type of NE service (Economic Test result) declared by date and hour for the US – BC and AB – BC Import Interties.

  • Based on the results of the Economic Test, BC Hydro will declare Network Economy (NE) reservations as Type 1 - normal priority or Type 2 - non- firm priority.


More Definitions of Economic Test

Economic Test means the test, operated and calculated by NGN, which is used to determine the amount NGN will contribute towards the provision of additional gas transportation capacity through the development of further infrasturcture.
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Economic Test means the test applied to assess the economic viability of incremental ca- pacity projects as stipulated in the CAM NC.
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Economic Test means a test app ied to assess the economic viabi ity of incremental capacity projects;
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Economic Test means the mathematical calculation applied to assess the economic viability of incremental and new capacity projects;
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Related to Economic Test

  • Fit test means the use of a protocol to qualitatively or quantitatively evaluate the fit of a respirator on an individual.

  • B-BBEE status level of contributor means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act;

  • Use Level means the license use meter or model (which may include operating system, hardware system, application or machine tier limitations, if applicable) by which Symantec measures, prices and licenses the right to use the Licensed Software, in effect at the time an order is placed for such Licensed Software, as indicated in this License Agreement and the applicable License Instrument.

  • Vehicle measuring attitude means the position of the vehicle as defined by the co-ordinates of fiducial marks in the three-dimensional reference system.