OPC Resources definition

OPC Resources means the capacity entitlement or other rights with respect to generating facilities from which, or power purchase contracts, or other contracts or agreements, under which OPC is required or has the right to take, purchase or otherwise acquire Electric Energy during the Term and which, are listed in Exhibit 3.2(i).
Sample 1Sample 2Sample 3
OPC Resources means, collectively, more than one (1) OPC Resource.
Sample 1

Examples of OPC Resources in a sentence

  • The Parties understand that in certain cases monthly xxxxxxxx will need to be made on an estimated basis, including with respect to the calculation of Energy Cost for each of the OPC Resources.

  • OPC shall have the right during the Term to construct, purchase, lease, or otherwise acquire additional generating or purchased power resources, including entering into agreements with Qualifying Facilities, which resources shall not be included within OPC Resources; provided, that such construction, purchase, lease or other arrangement shall not adversely affect or otherwise interfere with OPC's ability to perform its obligation to sell Electric Energy to or to purchase Electric Energy from LPM hereunder.

  • Upon communication of such information, LPM shall Properly Request the amounts of Electric Energy that LPM desires to purchase from each such OPC Resource within LPM's Share of OPC Resources.

  • In each Interval of the Term, OPC shall sell and LPM shall purchase all of the OPC Energy from LPM's Share of OPC Resources associated with Must Run Resources (other than purchased power resources) that are actually available during such Interval.

  • OPC shall on a real time basis inform LPM of LPM's Share of Participating Member OPC Resources, including Must Run Resources and Dispatchable Resources, that are available for the delivery of OPC Energy, in accordance with the terms of this Agreement, the OPC Contracts and the Administrative Procedures.

  • In each Interval of the Term, OPC shall sell and LPM shall purchase all of the OPC Energy from LPM's Share of Participating Member OPC Resources associated with Must Run Resources (other than purchased power resources) that are actually available during such Interval.

  • The Parties agree that Proper Requests, Schedules, information regarding OPC Load, Participating Member Load, and OPC Resources, and other information required to be provided under this Agreement may be consolidated with Proper Requests, Schedules, and information required to be provided under the November 1996 Agreement.

  • In the event retail wheeling is instituted in Georgia, for whatever reason, and OPC or any Participating Member, may be entitled to receive compensation associated with stranded generating or other assets, the LG&E Parties shall have no claim or entitlement to any such compensation, nor shall the LG&E Parties have any obligation or liability for the payment of any such compensation, attributable to OPC Resources.

  • OPC shall on a real time basis inform LPM of LPM's Share of OPC Resources, including Must Run Resources and Dispatchable Resources, that are available for the delivery of OPC Energy, in accordance with the terms of this Agreement, the OPC Contracts and the Administrative Procedures.

  • Scheduling Members shall be allocated a portion of OPC Resources and shall have such scheduling and other rights pertaining thereto as are provided in the EMC Contracts.

Related to OPC Resources

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • 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;

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Natural resources means land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • 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.

  • Genetic resources means genetic material of actual or potential value;

  • STP means the temperature of fifteen degrees Celsius (15°C) and at a pressure of one hundred and one decimal three two five kilopascals (101.325 kPa).

  • Cultural resources means archaeological and historic sites and artifacts, and traditional religious, ceremonial and social uses and activities of affected Indian tribes.

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Network Resource shall have the meaning as provided in the NYISO OATT, for such resources located in New York, and the meaning as provided in the PJM OATT, for such resources located in PJM.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;