Examples of Opportunity sales in a sentence
Opportunity sales means sales of unused contract entitlements necessarily held by a gas corporation to meet the daily and seasonal swings of its system customers and are intended to maximize utilization of assets that remain under regulation.
As a result, Opportunity sales are made from the existing system and are based on existing system conditions.
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Opportunity sales are generally sourced from non-dependable energy sources.
In contrast, Opportunity sales represent commitments of a short-term nature that will tend to have no impact on future investment requirements and impact only current system operations and spending.
Opportunity sales projections rely on a carbon price eventually developing in the United States, making them highly speculative.
However, the plant is also available to support domestic reliability during low water periods and the units could also be used to support Opportunity sales.
UPPCO’s PSCR Base Rate is equal to the Net PSCR Costs divided by the MWhs of generation plus purchased power less: (a) Opportunity sales and (b) RTMP sales as forecasted for the UPPCO system for the 2016 test year.
Opportunity sales are based on excess energy, are generally over shorter periods and are transacted primarily in markets operated by an independent system operator such as the Midcontinent Independent System Operator.The majority of extraprovincial revenue is from sales to the U.S. The average effective exchange rate for the year was s1.00 U.S. = s1.32 Canadian (2020 – s1.00 U.S. = s1.33 Canadian).
The approach to achieve this in Nova Scotia and in many areas throughout the world is the multiple barrier approach.