Forgone TC Energy definition

Forgone TC Energy means the notional amount of Renewable Electricity, expressed in MWhs, that would have been generated and Delivered by the Facility when it is synchronized to the AIES but for the issuance of a Transmission Constraint Directive; which amount shall be determined in accordance with Section 7.2;
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Examples of Forgone TC Energy in a sentence

  • The AESO shall, however, pay the Generator, in accordance with Section 7.3, for any Forgone TC Energy in any calendar year which is in excess of the Annual Forgone TC Energy Threshold.

  • The Annual Forgone TC Energy Threshold shall, for the calendar year during which Commercial Operation occurs, be equal to the product of: (i) such threshold multiplied by (ii) the number of days from and after the Commercial Operation Date to the end of such calendar year divided by 365 days.

  • The Generator shall, each calendar year during the Support Period, bear the risk of any resulting Forgone TC Energy in such calendar year in an amount equal to two hundred (200) hours multiplied by the Contract Capacity (the "Annual Forgone TC Energy Threshold") and shall not be entitled to any payment from the AESO with respect thereto.

  • The AESO and the Counterparty will share the risk of Forgone TC Energy, with the Counterparty bearing the risk, without compensation, in an amount equal to 200 hours multiplied by the Contract Capacity in each year and with the AESO bearing the risk and compensating the Counterparty for all Forgone TC Energy in excess of such annual threshold.

  • The AESO and the Counterparty will share the risk of Forgone TC Energy, with the Counterparty bearing the risk, without compensation, for the first 200 hours per MW of Contract Capacity in each year and with the AESO bearing the risk and compensating the Counterparty for all Forgone TC Energy in excess of such annual threshold.

  • The Generator shall bear the risk of any resulting Forgone TC Energy in an amount equal to two hundred (200) hours multiplied by the Contract Capacity on an annual basis (the "Annual Forgone TC Energy Threshold") and shall not be entitled to any payment from the AESO with respect thereto.

Related to Forgone TC Energy

  • Class I renewable energy means electric energy produced from

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Class II renewable energy means electric energy produced at a

  • CEI / “CEIG” shall mean Chief Electrical Inspector to the State Government.

  • Subrecipient Parent DUNS Number means the subrecipient parent organization’s 9-digit Data Universal Numbering System (DUNS) number that appears in the subrecipient’s System for Award Management (SAM) profile, if applicable.

  • Constellation has the meaning assigned to that term in the Recitals.

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • DPWH means the Department of Public Works and Highways of the Government of the Philippines.

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • Solar energy means the sun used as the sole source of energy for producing electricity.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • ATC means a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • CPE means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • SpinCo shall have the meaning set forth in the Preamble.

  • Fresh water means water, such as tap water, that has not been previously used in a process operation or, if the water has been recycled from a process operation, it has been treated and meets the effluent guidelines for chromium wastewater.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Imbalance Energy means the amount of energy in MWh, in any given Settlement Period or Settlement Interval, by which the amount of Facility Energy deviates from the amount of Scheduled Energy.

  • ECC means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • AMC means Annual Maintenance Contract