Fuel procurement plan definition

Fuel procurement plan means a plan that (1) establishes the parameters of a fuel supply portfolio for a utility and (2) strikes an appropriate balance between fuel costs and the related risks to which consumers are exposed (e.g., fuel cost increases and supply disruptions) over the term of the resource plan.
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Fuel procurement plan means those policies, procedures and protocols, developed by MMWEC and revised by MMWEC from time to time to provide guidance and direction for the acquisition, transportation and/or storage of fuel supplies for the Project and the optimization of the pricing, scheduling or other aspects of the fuel supply agreements and fuel transportation agreements used to supply fuel for the Project, including commodity xxxxxx and other financial or derivative products entered into or procured as part of the cost of fuel, in all cases subject to the then applicable policies and procedures established by the Risk Oversight Committee or the MMWEC Board of Directors, as the case may be.
Sample 1
Fuel procurement plan means a plan that (1) establishes the parameters of a fuel supply portfolio for a utility and (2) strikes an appropriate balance between fuel costs and the related
Sample 1

Examples of Fuel procurement plan in a sentence

  • In addition to the Feedstock Forecast, Seller shall prepare a proposed feedstock procurement plan covering the contents described in Section 4.6(b) (Contents of the Annual Fuel Procurement Plan) (the “Feedstock Procurement Plan”).

  • In cases where a transaction is outside the scope of the Nuclear Fuel Procurement Plan, PG&E can seek approval of the transaction through an expedited advice letter process.

  • As noted in the approved Nuclear Fuel Procurement Plan, PG&E intends to ensure a secure nuclear fuel supply for Diablo Canyon Power Plant.

  • The Agreement benefits customers by ensuring a stable supply of uranium for the Diablo Canyon Power Plant and is consistent with the Nuclear Fuel Procurement Plan.

  • The main objective of the Nuclear Fuel Procurement Plan is to maintain security of supply through supplier diversity.

  • Ordering Paragraph 3 of Resolution E-4177 states, “PG&E should use the approved Conformed 2006 LTTP to guide all future short- and long-term procurement practices.” PG&E’s Procurement Plan, Appendix C, outlines PG&E’s approved Nuclear Fuel Procurement Plan including guidelines for pursuing activities outside of the scope of the plan.

  • Coal or petcoke to be supplied from reserves or production capacity owned or controlled by Seller, or in which Seller has a financial interest must be approved in advance by Buyer and incorporated in the Annual Fuel Procurement Plan in accordance with Section 4.6(b) (Contents of the Annual Fuel Procurement Plan).

  • Based on individual contracts Jan-03 TBD Utility Fuel Procurement Plan Utility will provide a bi-annual fuel procurement plan for utility supplied fuel.

  • For purposes of clause (i), the Parties agree that Seller's right to include up to fifteen (15%) of annual total use (on a dry ton basis) of petroleum coke in its Annual Fuel Procurement Plan shall be permitted so long as Seller provides Buyer with reasonable evidence that the cost to consumers for using such percentage of petroleum coke is lower than the cost of using a one hundred percent (100%) Indiana coal fuel plan.

  • Seller shall implement such Buyer directed adjustments to the Annual Fuel Procurement Plan as soon as practicable.

Related to Fuel procurement plan

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • pre-commercial procurement means the procurement of research and development services involving risk-benefit sharing under market conditions, and competitive development in phases, where there is a clear separation of the research and development services procured from the deployment of commercial volumes of end-products;

  • Procurement item means a supply, a service, Custom Deliverable, construction, or technology that Contractor is required to deliver to the Eligible User under this Contract.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Project Management Plan means the management plan that (i) sets out a high level workplan to describe the manner in which the Design-Builder will manage the Project, including to address related matters such as traffic management and communications, and (ii) is prepared by or for the Design-Builder and submitted to the Owner;

  • Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;

  • e-Procurement means the use of information and communication technology (especially the internet) by the Procuring Entity in conducting its procurement processes with bidders for the acquisition of goods (supplies), works and services with the aim of open, non discriminatory and efficient procurement through transparent procedures;

  • Pest Management Plan and “PMP” means the Recipient’s plan dated December 13, 2010, which: (i) addresses the concerns relating to the Project risks associated with potential increases in the use of pesticides for agricultural production, intensification and diversification and controlling disease vector populations arising from irrigation schemes; (ii) sets forth mitigation and monitoring measures to be taken during Project implementation and operation to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels; (iii) recommends institutional measures to strengthen national capacities to implement the mitigation and monitoring measures; and (iv) as part of the implementation arrangements, identifies national agencies and other partners that could play a vital role in the success of the Project.

  • Transportation network company rider or “rider” means an

  • Project Implementation Manual or “PIM” means the manual setting out the measures required for the implementation of the Project, as the same may be amended from time to time, subject to prior approval of the Association;

  • risk management plan ’ means a risk management plan submitted to the Ad- ministrator by an owner or operator of a stationary source under subparagraph (B)(iii).

  • Co-generation means the sequential production of electricity

  • flight plan means specified information provided to air traffic services units, relative to an intended flight or portion of a flight of an aircraft;

  • Sole source procurement means a procurement without competition pursuant to a determination under Subsection 63G-6a-802(1)(a) that there is only one source for the procurement item.

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • Decommissioning Plan means the document containing detailed information on the proposed decommissioning and covering the following: the selected decommissioning strategy; the schedule, type and sequence of decommissioning activities; the waste management strategy applied, including clearance; the proposed end state; the storage and disposal of the waste from decommissioning; the timeframe for decommissioning; the cost estimates for the completion of decommissioning; and the objectives, expected results, milestones, target dates, as well as the corresponding key performance indicators, including, as appropriate, earned value based indicators. The plan is prepared by the nuclear facility license holder and is reflected in the multiannual work programmes of the Programme;

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.