Prudent Electric Utility Practice definition

Prudent Electric Utility Practice means those standards, practices, methods and procedures conforming to safety standards and legal requirements which are attained by exercising that degree of skill, care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances.
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Prudent Electric Utility Practice or "Prudent Utility Practice" means, at any particular time, the generally accepted practices, methods, and acts in the electric utility industry that would achieve the desired result. If there are no such practices, methods, and acts, Prudent Electric Utility Practice means the practices, methods, and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result consistent with reliability and safety considerations.
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Prudent Electric Utility Practice means those standards, practices, methods and procedures conforming to safety standards and Applicable Law which are attained by exercising that degree of skill, care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator in Egypt engaged in the same type of undertaking under the same or similar circumstances.
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Examples of Prudent Electric Utility Practice in a sentence

  • All RESS 2 Projects must be operated in accordance with Prudent Electric Utility Practice in order to ensure the RESS 2 Project is available to produce electricity at times of relative system scarcity and at times of higher than average market prices.

  • All ORESS 1 Projects must be operated in accordance with Prudent Electric Utility Practice in order to ensure the ORESS 1 Project is available to produce electricity at times of relative system scarcity and at times of higher than average market prices.

  • All RESS 1 Projects must be operated in accordance with Prudent Electric Utility Practice in order to ensure the RESS 1 Project is available to produce electricity at times of relative system scarcity and at times of higher than average market prices.

  • All RESS 3 Projects must be operated in accordance with Prudent Electric Utility Practice in order to ensure the RESS 3 Project is available to produce electricity at times of relative system scarcity and at times of higher than average market prices.


More Definitions of Prudent Electric Utility Practice

Prudent Electric Utility Practice means those standards, practices, methods and procedures conforming to safety standards and Law which are attained by exercising that degree of skill, care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator in Egypt engaged in the same type of undertaking under the same or similar circumstances. ينعت "ءابرهكلا قفرمل ةصيرحلا بيلاسلأا" تاءارجلإاو بيلاسلأاو ةيسايقلا ريياعملا نوناقلاو ةملاسلل ةيسايقلا ريياعملل ةقباطملا ةسرامم للاخ نم اهيلإ لوصولا متي يتلاو صرحلاو ةيدجلاو ةيانعلاو ةراهملا نم ةجرد ةماع ةفصب ةضرتفملاو ريدقتلا نسحو يعولاو ةراهملا هيدل لغشم يأ نم ةبسانملا دودحلا يفو عونلا سفن يف لمعيو رصم يف ةمزلالا ةربخلاو .ةقباطم وأ ةلثامم لاوحأ يفو تاعورشملا نم “P2P Production Facility” has the meaning given to such term in the Rules. صاخ عاطق ةيقافتاب ءابرهكلا جاتنإ ةطحم" اذهل ددحملا ىنعملا ينعت "صاخ عاطق عم .دعاوقلا يف حلطصملا
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Prudent Electric Utility Practice has the meaning given in the TSC;
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Prudent Electric Utility Practice has the meaning given to it in the Implementation Agreement;
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Prudent Electric Utility Practice has the meaning given in the Code;
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Related to Prudent Electric Utility Practice

  • Prudent Utility Practices means those practices, methods, techniques and standards, that are generally accepted for use in electric utility industries taking into account conditions in India, and commonly used in prudent electric utility engineering and operations to design, engineer, construct, test, operate and maintain equipment lawfully, safely, efficiently and economically as applicable to power stations of the size, service and type of the Project, and that generally conform to the manufacturers' operation and maintenance guidelines.

  • Good Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather is intended to include acceptable practices, methods, or acts generally accepted in the region; including those practices required by Federal Power Act Section 215(a)(4).

  • Prudent Electrical Practices means those practices, methods and acts that would be implemented and followed by prudent operators of electric energy generating facilities in the Western United States, similar to the Facility, during the relevant time period, which practices, methods and acts, in the exercise of prudent and responsible professional judgment in the light of the facts known at the time the decision was made, could reasonably have been expected to accomplish the desired result consistent with good business practices, reliability and safety. Prudent Electrical Practices shall include, at a minimum, those professionally responsible practices, methods and acts described in the preceding sentence that comply with manufacturers’ warranties, restrictions in this Agreement, and the requirements of Governmental Authorities, WECC standards, the CAISO and Laws. Prudent Electrical Practices also includes taking reasonable steps to ensure that:

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the exercise of the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged within the relevant industry or business sector;

  • Prudent Industry Practices means, at a particular time, any of the practices, methods and acts which, in the exercise of reasonable judgment, will result in the proper operation and maintenance of the assets owned by a Party or its Affiliates and shall include, without limitation, the practices, methods and acts engaged in or approved by a significant portion of the industry at such time with respect to the assets of the same or similar types as the assets owned by such Party or its Affiliates. Prudent Industry Practices are not intended to be limited to optimum practices, methods or acts, to the exclusion of all others, but rather represent a spectrum of possible practices, methods and acts which could have been expected to accomplish the desired result at a commercially reasonable cost in a reliable, safe and timely fashion, in compliance with the applicable limited partnership agreement and limited liability company agreement and in accordance with all applicable laws. Prudent Industry Practices are intended to entail the same standards as the Parties would, in the prudent management of their own properties, use from time to time.

  • Good Industry Practices means the practices that would be adopted by, and the exercise of that degree of care, skill, diligence, prudence and foresight that reasonably would be expected from, a competent contractor in the international oil and gas industry experienced in performing work similar in nature, size, scope and complexity to the Work and under conditions comparable to those applicable to the Work, where such work is subject to, and such contractor is seeking to comply with, the standards and codes specified in the Contract or (to the extent that they are not so specified) such national or international standards and codes as are most applicable in the circumstances, and the applicable Law.

  • Best Industry Practice means that degree of skill, care and foresight and operating practice that would reasonably and ordinarily be expected of a skilled and competent supplier of services engaged in the same type of undertaking as that of the Recipient or any contractors (as applicable) under the same or similar circumstances as those contemplated by this Agreement.

  • Electric utility means a consumer-owned utility or

  • Utility pole means a pole that provides:

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.