Examples of RESS 2 in a sentence
In any case Installed Renewable Capacity of the RESS 2 Project shall be no more than 120% of the Offer Quantity which was accepted into RESS 2.
A RESS 2 Project can have only one Connection Agreement or be issued with one Connection Offer through the ECP process.
In the Application for Qualification, the basic components of the RESS 2 Project should be specified in the Application for Qualification.
After 14th April, if the project has been qualified, where the Qualified Applicant in respect of the project is unsuccessful in the RESS 2 Auction (and has otherwise complied with the Terms and Conditions), then the Bid Bond would be returned.
Where the Applicant is seeking to submit a single RESS 2 Project based on two or more merged Connection Agreements or ECP Projects, a letter is required from the relevant System Operator confirming receipt of a complete application to change the contracting party in a Connection Agreement or an ECP Applicant (legal entity) to the Applicant and to merge the projects under one Connection Agreement / ECP Project.
An Application for Qualification must be associated with a single RESS 2 Project at a contiguous or near-contiguous Site.
Where an Applicant is seeking to participate in the RESS 2 Auction in respect of a RESS 2 Project, it shall submit an Application for Qualification to the TSO using the required documentation set out in the Qualification Information Pack by the Qualification Application Closing Date.
The contribution will be €2/MWh of Loss-Adjusted RESS Metered Quantity for all RESS 2 Projects.
The RESS 2 Hybrid Storage Project may be subject to audit by the Minister, the CRU and / or the DSO/TSO (or their respective nominees or agents) to demonstrate that these requirements have been met / are being met in order to participate in RESS 2 and/or maintain eligibility for RESS 2 Support.
The RESS 2 Project must nevertheless comply with all the Terms and Conditions in its own right.