Examples of Required Installed Capacity in a sentence
For example, the IC cannot be less than the Required Installed Capacity (“ RIC”) due to the Generator not having sufficient transmission or distribution capacity (adjustments to the ICE are limited to those related to Permitted reduction and Relevant Construction Event (“RCE”) – see sections 4 and 5 below).
A Required Installed Capacity (RIC) is also set out in the contract to incentivise generators to meet minimum capacity requirements, being 85% of the ICE for offshore wind and 95% for all other technologies.
An onshore Facility with an Initial Installed Capacity Estimate (“IICE”) of 160 MW has before the Milestone Delivery Date (“MDD”) adjusted the Installed Capacity Estimate (“ICE”) to 120 MW (the Revised ICE).Consequentially, the Required Installed Capacity (“RIC”) is 114MW, being 95% of the Revised ICE.
The FIC shall not be less than the Required Installed Capacity (“ RIC”).
ValuationIt is the considered opinion of the undersigned that after having taken into account all factors as demanded by my profession, I estimate the market value of the property Gudja Central Business Centre as is, at three million five hundred thousand Euro (€3,500,000) as at the date of this report.In the issuer’s latest published Accounts, the value for this property was indicated at € 2.4 million.