Resource Adequacy Requirement definition

Resource Adequacy Requirement or “RAR” means the Resource Adequacy or successor program requirements established by the CPUC, CAISO or any other regional entity, including submission of a Supply Plan or Resource Adequacy Plan.

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Resource Adequacy Requirement or “RAR” means a standard or requirement established and administered by the Commission, PJM, FERC, or other Governmental Authority, whereby unit-specific Capacity is identified and the physical unit is made available for meeting such requirement; the eligibility to count Capacity toward the Resource Adequacy Requirement may be determined by identifying the full resource adequacy capability of specific Units or an amount of resource adequacy capability from a combination of all or any part of the Units (not including the PJM RPM Market as in place as of the Execution Date and related PJM Agreements).

Resource Adequacy Requirement or “RAR” means the resource adequacy requirements established for LSEs by the CPUC pursuant to the CPUC decisions, or by any other governmental body having jurisdiction.

Examples of Resource Adequacy Requirement in a sentence

Seller agrees that the Units offered to Buyer will meet all requirements necessary to qualify as a resource capable of contributing to Buyer’s Resource Adequacy Requirement at all times during the Services Term.
Buyer requested offers for the sale of Capacity, Energy and Other Products (as defined herein) from new renewable generation, new distributed generation, repowered existing facilities, exiting or new Qualifying Facilities, and/or new conventional generation technologies and all fuel types, including technologies capable of running on multiple fuels, in order to, among other things, support its long-term procurement plan and assist it in meeting its Resource Adequacy Requirement.
Seller represents and warrants to Buyer that Seller has not used, granted, pledged, assigned or otherwise committed any portion of the Contract Capacity to satisfy the Resource Adequacy Requirement of any party other than Buyer.
The Parties further acknowledge that as of the Execution Date no such Resource Adequacy Requirement exists.
Seller shall not use, grant, pledge, assign or otherwise commit any portion of the Contract Capacity to satisfy the Resource Adequacy Requirement of any party other than Buyer.

More Definitions of Resource Adequacy Requirement

Resource Adequacy Requirement or “RAR” shall mean the requirement of resource capacity to be contracted to reliably meet the forecasted demand of such obligated entity and in compliance to provisions under these Regulations with appropriate planning reserve margin prescribed by Commission or Authority as the case may be.

Resource Adequacy Requirement or “RAR”: The specific RA obligations or requirements Buyer must meet.

Resource Adequacy Requirement or “RAR” means the Resource Adequacy or

Resource Adequacy Requirement or “R AR” means the Resource Adequacy or

Resource Adequacy Requirement or “RAR” means a standard established and administered by the CPUC and/or the CAISO or a successor control area operator, whereby Capacity is identified and the physical Unit is made available to the CAISO for eligibility to count Capacity toward the Resource Adequacy Requirement may be determined by identifying the full Resource Adequacy capability of the Unit or an amount of Resource Adequacy capability from the Unit.