Monthly Capacity Price definition

Monthly Capacity Price means, as applicable, the Monthly RA Capacity Price or the Monthly Energy Capacity Price.
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Monthly Capacity Price shall have the meaning set forth in Section 4.1(1). “Moody’s” shall mean Xxxxx’x Investors Service Inc. or its successor.
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Monthly Capacity Price means and is calculated as a percentage of the Annual Capacity Price (“Monthly Capacity Price Factor”) as shown on Table 4.2 below. For example, the Monthly Capacity Price Factor for May is 5%; therefore, the Monthly Capacity Price for May is 5% of the Annual Capacity Price. Subsequently, the Monthly Capacity Payment is the product of the Monthly Capacity Price and the Commitment Level for months when a Notice of DR Event was not provided by Buyer. For months when Buyer provides a Notice of DR Event, the Monthly Capacity Payment is calculated as shown in Section 4.2.1 below. Table 4.2
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Examples of Monthly Capacity Price in a sentence

  • The “Hourly Capacity Price” means and is the Monthly Capacity Price divided by the number of hours of all DR Events in the Delivery Month.

  • The Monthly Capacity Price at May 1, 2015 as determined above shall be escalated by [TRADE SECRET BEGINS TRADE SECRETENDS] annually commencing on May 1, 2016 for each Contract Year during the remainder of the Contract Term.

  • Notwithstanding Section 3(a) of Exhibit D, the RA Capacity Payment in any month shall not exceed the amount of Project NQC for the applicable month (𝑁𝑁𝑁𝐶𝑚𝑜𝑛𝑡ℎ) in kW, as issued by the CAISO in its Net Qualifying Capacity Report for the applicable year for the Generating Facility, multiplied by the applicable Monthly Capacity Price (MRACP) in dollars per kW-month shown in the table below.

  • If the Economic Benefit is realized on or before the Initial Delivery Date, then the Monthly Capacity Price shall automatically be amended with immediate effect.

  • If the Economic Benefit is realized after the Initial Delivery Date, then the applicable Monthly Capacity Price shall automatically be amended effective as of the first day of the first full month after realization.

  • Notwithstanding Section 3(a) of Exhibit D, the RA Capacity Payment in any month shall not exceed the amount of Project NQC for the applicable month (𝑁𝑄𝐶𝑚𝑜𝑛𝑡ℎ) in kW, as issued by the CAISO in its Net Qualifying Capacity Report for the applicable year for the Generating Facility, multiplied by the applicable Monthly Capacity Price (MRACP) in dollars per kW-month shown in the table below.

  • Notwithstanding Section 3(a) of Exhibit D, the RA Capacity Payment in any month shall not exceed the amount of Project NQC for the applicable month (nonth) in kW, as issued by the CAISO in its Net Qualifying Capacity Report for the applicable year for the Generating Facility, multiplied by the applicable Monthly Capacity Price (MRACP) in dollars per kW-month shown in the table below.

  • Table 4.2.1 1.00 Hourly Capacity Price (= Monthly Capacity Price / # hours of DR Event for the month payment is being calculated) > 0.90 and < 1.00 [Hourly Capacity Price] x [Hourly Capacity Ratio] > 0.75 and <0.90 [Hourly Capacity Price] x [0.50] > 0.50 and < 0.75 Zero (0) > 0 and < 0.50 [Hourly Capacity Price] x [(Hourly Capacity Ratio – 0.50)].


More Definitions of Monthly Capacity Price

Monthly Capacity Price is the price as set forth in Appendix 9.02.means, as applicable, the Monthly RA Capacity Price or the Monthly Energy Capacity Price.
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Monthly Capacity Price shall be $[To be inserted]/kW-month. [SCE Comment: may require additional description if escalation or price shaping is applicable.] Exclusive Rights. During the Delivery Period, SCE shall have exclusive rights to the Product and all benefits derived therefrom, including the exclusive right to use, market or sell the Product and the right to all revenues generated from the use, sale or marketing of the Product. During the Delivery Period, Seller grants, pledges, assigns and otherwise commits to SCE all of the Product which may be used to meet RA Compliance Obligations under any Resource Adequacy Rulings. SCE’s Re-Sale of Product. SCE shall have the exclusive right to use, market or sell the Product and any associated rights, in each case, acquired under this Agreement and the right to all revenues generated from this use, sale or marketing. If SCE re-sells all or a portion of the Product and any associated rights acquired under this Agreement (“Resold Product”), Seller agrees, and agrees to cause the Storage Unit’s SC to: Follow SCE’s instructions and the CAISO Tariff with respect to providing such Resold Product to subsequent purchasers of such Resold Product. Take all commercially reasonable actions and execute any and all documents or instruments reasonably necessary to allow such subsequent purchasers to use such Resold Product. Seller acknowledges and agrees that if SCE incurs any liability to any purchaser of such Resold Product due to the failure of Seller or the Storage Unit’s SC to comply with the terms of this Agreement, and Seller would have had liability to SCE under this Agreement for such failure had SCE not sold the Resold Product to a subsequent purchaser, then Seller shall be liable to SCE under this Agreement, including pursuant to this Section 1.06, for the amounts it would have been liable to SCE for had such Resold Product not been sold to a subsequent purchaser.
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Monthly Capacity Price means the price for each applicable Showing Month set forth in Section 1.04, as may be reduced pursuant to Section 3.07.
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Monthly Capacity Price means, for any Showing Month, the “Monthly Capacity Price” applicable to such Showing Month set forth in Appendix 10.02, which such price applies to all Generating Units.
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Related to Monthly Capacity Price

  • Available RP Capacity Amount means (i) the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 7.06(d), (g), (h) and (l) minus (ii) the sum of the amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (A) make Restricted Payments in reliance on Sections 7.06 (g), (h) or (l), (B) incur Liens pursuant to Section 7.01(bb), (C) make Investments pursuant to Section 7.02(n), (D) incur Indebtedness pursuant to Section 7.03(y) and (E) make prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity utilizing the Available RP Capacity Amount pursuant to Section 7.13 plus (iii) the aggregate principal amount of Indebtedness prepaid prior to or substantially concurrently at such time, solely to the extent such Indebtedness (A) was secured by Liens pursuant to Section 7.01(bb) or (B) was incurred pursuant to Section 7.03(y) and not secured pursuant to Section 7.01(bb) (it being understood that the amount under this clause (iii) shall only be available for use under Sections 7.01(bb) and/or 7.03(y), as applicable).

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Nameplate Capacity Rating means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 10,000 kW.

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Capacity Market Buyer means a Member that submits bids to buy Capacity Resources in any Incremental Auction.

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement.

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.