Long-term financial commitment means either a new ownership investment in baseload generation or a new or renewed contract with a term of five or more years, which includes procurement of baseload generation.
Long-term financial commitment means either new ownership investment in the facility by the retail seller or local publicly owned electric utility or a new or renewed contract with a term of 10 or more years, which includes procurement of the incremental generation. (Public Utilities Code Section 399.12.5, Subdivision [b][4].)
Long-term financial commitment means either new ownership investment in the facility by the retail seller or a new or renewed contract with a term of more than 10 years, which includes procurement of the incremental generation.
More Definitions of Long-term financial commitment
Long-term financial commitment means either a new ownership interest in baseload electric generation or an upgrade to a baseload electric generation facility; or a new or renewed contract for baseload electric generation with a term of five or more years for provision of retail power or whole- sale power to end-use customers in this state.
Long-term financial commitment means either a new ownership
Long-term financial commitment means either new ownership investment in the facility by the retail seller or local publicly owned electric utility or a new or renewed contract with a term of 10 or more, which includes procurement of the incremental generation.
Long-term financial commitment means an investment in or up- grade of a generating facility that produces baseload electricity, or a contract with a term of more than five years, beginning on the date on which the contract is executed, that includes acquisition of baseload elec- tricity.
Long-term financial commitment means either: (1) a new ownership investment in baseload generation; or (2) a new or renewed contract with a term of five or more years, which includes procurement of baseload generation. "Baseload generation" means electricity generation from a fossil-fueled power plant that is designed and intended to provide electricity at an annualized plant capacity factor of at least 60 percent. For a load-serving utility, "total CO2 emissions" means the amount of CO2 emitted by a fossil-fueled thermal electric power plant over the duration of a long-term financial commitment.
Long-term financial commitment means: (a) A new ownership
Long-term financial commitment means either: (1) a new ownership investment in baseload generation; or (2) a new or renewed contract with a term of five or more years, which includes procurement of baseload generation. "Baseload generation" means electricity generation from a fossil-fueled power plant that is designed and intended to provide electricity at an annualized plant capacity factor of at least 60 percent. For a load-serving utility, "total