RESS 1 Project definition

RESS 1 Project means a renewable energy project in receipt of a RESS 1 Letter of Offer and one which has also signed a RESS 1 Implementation Agreement.
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RESS 1 Project means a renewable energy project, as detailed in an Application for Qualification.
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Examples of RESS 1 Project in a sentence

  • 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.

  • The Site of the RESS 1 Project must be specified using Irish Transverse Mercator and Applicants must possess and demonstrate control of this Site and the right to access this Site for the purposes of developing and operating the RESS 1 Project.

  • It shall be a condition of any Letter of Offer for RESS 1 that each RESS 1 Project shall comply on an ongoing basis with these Terms and Conditions and any other legal or regulatory requirements applicable to the RESS 1 Project in question.

  • In the event that costs exceed market revenues, payments will flow from the PSO in the direction of the Supplier to the PPA for the RESS 1 Project.

  • In the event that market revenues exceed costs, payments will flow from the Supplier to the PPA for the RESS 1 Project in the direction of the PSO.

  • The special resolution was comfortably passed on 30th July, 2020.

  • The TSO shall reject an Application for Qualification for the RESS 1 Auction where the RESS 1 Project does not meet and/or the Applicant does not comply with Section 6.4 of these Terms and Conditions.

  • In general terms, costs are represented by the Strike Price of the RESS 1 Project applied to its Loss-Adjusted Metered Quantity, and market revenues are represented by the deemed energy revenues and the realised capacity revenues applicable to the RESS 1 Project.

  • The RESS 1 Project may be subject to audit by the Minister and / or the TSO (or their respective nominees or agents) and required to demonstrate that these requirements have been met in order to participate in RESS 1.

  • The metering of a RESS 1 Project must relate to the size and Maximum Export Capacity of the RESS 1 Project as offered and accepted into RESS 1.

Related to RESS 1 Project

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Development Project means a project for the development of land within a project area.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Redevelopment project means a specific construction project

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Mixed-use project means a project comprising both a qualified

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Project Improvements means site improvements and facilities that are:

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Infrastructure project means any activity related to the construction, alteration, maintenance, or repair of infrastructure in the United States regardless of whether infrastructure is the primary purpose of the project. See also paragraphs (c) and (d) of 2 C.F.R. 184.4.

  • Subproject means a specific project to be carried out by an existing BE utilizing the proceeds of a Sub-loan or Investment, as hereinafter defined, fulfilling the conditions set forth in Part A of Schedule 4 to this Agreement;

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following:

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.