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.

  • OPC shall bear the costs of such expansion, retrofit, upgrade, or other modification, and any incremental or expanded capacity and Electric Energy associated with such activity, shall not be included within OPC Resources.

  • 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.

  • 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.

  • 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 the event retail wheeling is instituted in Georgia, for whatever reason, and OPC or the EMC Customers 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.

  • 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.

  • 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.

  • 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.

Related to OPC Resources

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Public resources means water, fish, and wildlife and in addition means capital improvements of the state or its political subdivisions.

  • Water resources means all waters of the state occurring on the surface, in natural or artificial channels, lakes, reservoirs, or impoundments, and in subsurface aquifers, which are available, or which may be made available to agricultural, industrial, commercial, recreational, public, and domestic users;

  • 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;

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • 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 all land, fish, shellfish, wildlife, biota,

  • 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.

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

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

  • Energy Star means the U.S. EPA’s energy efficiency product labeling program.

  • ecosystem services means the benefits that the public enjoys as a result of natural processes and biological diversity.

  • 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.

  • energy service provider means a natural or legal person who delivers energy services or other energy efficiency improvement measures in a final customer’s facility or premises;

  • Material support and resources means currency or monetary instruments or financial securities, financial services, lodging, training, expert advice or assistance, safe houses, false documentation or identification, communications equipment, facilities, weapons, lethal substances, explosives, personnel, transportation, and other physical assets, except medicine or religious materials.

  • Landed Resources means when the Contractor or its Sub-contractor causes foreign nationals to be brought to the United Kingdom, to provide the Services.

  • 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 means any designated generating resource owned, purchased, or leased by a Network Customer under the Network Integration Transmission Service Tariff. Network Resources do not include any resource, or any portion thereof, that is committed for sale to third parties or otherwise cannot be called upon to meet the Network Customer’s Network Load on a non-interruptible basis, except for purposes of fulfilling obligations under a reserve sharing program.

  • Information Technology Resources means agency budgetary resources, personnel, equipment, facilities, or services that are primarily used in the management, operation, acquisition, disposition, and transformation, or other activity related to the lifecycle of information technology; acquisitions or interagency agreements that include information technology and the services or equipment provided by such acquisitions or interagency agreements; but does not include grants to third parties which establish or support information technology not operated directly by the Federal Government. (0MB M-15-14)

  • Environmentally-Limited Resource means a resource which has a limit on its run hours imposed by a federal, state, or other governmental agency that will significantly limit its availability, on either a temporary or long-term basis. This includes a resource that is limited by a governmental authority to operating only during declared PJM capacity emergencies.

  • Integrated resource plan means a plan which contains the demand and energy forecast for at least a fifteen-year period, contains the supplier's or producer's program for meeting the requirements shown in its forecast in an economic and reliable manner, including both demand-side and supply-side options, with a brief description and summary cost-benefit analysis, if available, of each option which was considered, including those not selected, sets forth the supplier's or producer's assumptions and conclusions with respect to the effect of the plan on the cost and reliability of energy service, and describes the external environmental and economic consequences of the plan to the extent practicable. For electrical utilities subject to the jurisdiction of the South Carolina Public Service Commission, this definition must be interpreted in a manner consistent with the integrated resource planning requirements pursuant to Section 58‑37‑40 and any process adopted by the commission. For electric cooperatives subject to the regulations of the Rural Electrification AdministrationUtilities Service, this definition must be interpreted in a manner consistent with any integrated resource planning process prescribed by Rural Electrification Administration Utilities Service regulations.

  • Energy Storage Resource means a resource capable of receiving electric energy from the grid and storing it for later injection to the grid that participates in the PJM Energy, Capacity and/or Ancillary Services markets as a Market Participant.

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