Societal perspective definition

Societal perspective means:A point of view that includes a broad spectrum of public benefits including, but not limited to:
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Societal perspective means a point of view that includes a broad spectrum of public benefits, including, but not limited to, enhanced system reliability; savings that result from delaying, deferring, or minimizing capital costs; and environmental benefits such as increased water in streams, improvements in aquifer recharge and other environmental factors.
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Examples of Societal perspective in a sentence

  • Since SCE and DRA forecasted market prices based on marginal production costs and did not include any effects of strategic bidding, the adjustments that the CAISO made to its Societal perspective to obtain a Modified Societal perspective would not be applicable to the SCE and DRA analyses.

  • Table 4CAISO Economic Evaluation of DPV2 (Levelized Annual $2008 Million/Year) CAISO SocietalModifiedRatepayerCAISO Ratepayer PerspectiveSocietal(LMP Only)(LMP + Contract Path)Levelized Benefits: Energy$ 56$ 84$ 57$ 198OperationalAs indicated in Table 4, the CAISO presents economic results for two versions of the Societal perspective and two versions of the CAISO Ratepayer perspective.

  • The CAISO also presented benefit results for the entire Western Electricity Coordinating Council (WECC) region (the WECC or Societal perspective).

  • Benefit- cost ratios can be calculated for other perspectives as well, e.g., for other geographic regions such as the Southwest or the Northwest, or other groups of market participants such as non-utility generators or municipal utilities.The WECC or Societal perspective takes into consideration all market participants in the WECC area.

  • What the CAISO calls the Modified Societal perspective does not consider that portion of producer surplus arising from the exercise of market power to be a valid benefit and, thus, reflects the related increase in consumer surplus as a benefit.

  • Because of the societal value in reducing producer monopoly profits, we determined in D.06-11-018 that, for evaluations that include strategic bidding above system marginal costs, the Modified Societal perspective, rather than the CAISO’s Societal perspective, is the appropriate perspective to use in evaluating the societal benefits of a proposed transmission project.To evaluate potential energy benefits of DPV2, the CAISO used the PLEXOS Direct Current Optimal Power Flow network model.

  • In the CAISO’s basic Societal perspective, the reduction in market power-derived producer profits that the CAISO forecasts due to DPV2 is viewed as a negative benefit and offsets much of the projected consumer benefits from reduced energy costs.

  • The two versions of the Societal perspective differ in their treatment of the effects of DPV2 in mitigating the ability of generators to exert market power.

  • The CAISO describes that quantifiable benefits of proposed transmission expansions can be evaluated from various perspectives, and describes three particular perspectives: the WECC or Societal perspective, the CAISO Ratepayer perspective, and the CAISO Participant perspective.

  • In the event the Contractor is not terminated, but fails to complete the work, or any part thereof, in the time agreed upon in the contract or within any extra time as may have been allowed for delays by extensions granted as provided in the contract, the Contractor shall reimburse the Owner for the additional expense and damage for each calendar day that the contract remains uncompleted after the contract completion date in the amounts stipulated in Section 1.15.

Related to Societal perspective

  • Professional person means a mental health professional,

  • Deputation means a person or group of persons who wish to appear personally before the council or a committee of the council in order to address the council or committee of the council;

  • Professional Persons means all Persons retained by order of the Bankruptcy Court in connection with the Reorganization Cases, pursuant to sections 327, 328, 330 or 1103 of the Bankruptcy Code, excluding any ordinary course professionals retained pursuant to order of the Bankruptcy Court.

  • Business Relation means any current or prospective client, customer, licensee, or other business relation of the Company Group, or any such relation that was a client, customer, licensee, supplier, or other business relation within the six (6) month period prior to the expiration of the Employment Period, in each case, to whom I provided services, or with whom I transacted business, or whose identity became known to me in connection with my relationship with or employment by the Company.

  • Cultural means relating to the habits, practices, beliefs, and traditions of a certain group of people.

  • juridical person means any legal entity duly constituted or otherwise organised under applicable law, whether for profit or otherwise, and whether privately-owned or governmentally-owned, including any corporation, trust, partnership, joint venture, sole proprietorship or association;

  • Intimidating, threatening, abusive, or harming conduct means, but is not limited to, conduct that does the following:

  • professional body means a body of, or representing,

  • polygamous marriage means any marriage to which paragraph 5 applies;

  • Confidential commercial or financial information means any business information (other than trade secrets) which is exempt from the mandatory disclosure requirement of the Freedom of Information Act, 5 U.S.C. 552. Exemptions from mandatory disclosure which may be applicable to business information contained in proposals include exemption (4), which covers “commercial and financial information obtained from a person and privileged or confidential,” and exemption (9), which covers “geological and geophysical information, including maps, concerning wells.”

  • Substance use disorder professional means a person

  • Mobile crisis outreach team means a crisis intervention service for minors or families of minors experiencing behavioral health or psychiatric emergencies.

  • Chemical dependency professional means a person certified as a chemical dependency professional by the department of health under chapter 18.205 RCW.

  • Positive Behavioral Theory and Practice means a proactive approach to individual behavior and behavior interventions that:

  • Environmental and Social Management Framework or “ESMF” means the environmental and social management framework of the Project States dated March 31, 2005, and amended on August 4, 2008, which, inter alia, sets forth the environmental and social safeguards applicable to the Project, including the identification, assessment and mitigation of potential environmental, resettlement, and social impacts arising from carrying out Project activities, measures to protect cultural property, proposed management and mitigation measures, and the relevant institutional framework required, as updated by the Project States from time to time in a manner satisfactory to the Association;

  • Clients means the Janus Funds and other individual and institutional advisory clients of Janus.

  • Ethnic Group means a group of people who identify with each other through a common heritage including language, culture, and often a shared or common religion and or ideology that stresses ancestry.

  • Sector All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Description of Measure : Malaysia reserves the right to adopt or maintain any measure relating to the issuance of licence/permit including numerical limitations and non-issuance of licences. Malaysia reserves the right to adopt or maintain any measure relating to the conditions (4) imposed in the issuance of licence/permit.

  • Corporal punishment means hitting, spanking, swatting, beating, shaking, pinching, excessive exercise, exposure to extreme temperatures, and other measures that produce physical pain.

  • Educational personnel means persons who must meet requirements pursuant to state law as a condition of employment in educational programs.

  • Racketeering activity means to commit, to attempt to commit, to conspire to commit, or to solicit, coerce, or intimidate another person to commit:

  • Economic Life means the number of years a property improvement is expected to be in service in a facility.

  • technical and organisational security measures means those measures aimed at protecting personal data against accidental or unlawful destruction or accidental loss, alteration, unauthorised disclosure or access, in particular where the processing involves the transmission of data over a network, and against all other unlawful forms of processing.

  • Reasonable grounds means that a reasonable person in your position would also suspect the information indicates misconduct or a breach of the law.

  • Substance Abuse Professional (SAP) means a qualified person who evaluates employees who have violated a DOT drug and alcohol regulation and makes recommendations concerning education, treatment, follow-up testing, and aftercare.

  • Professional Client means a client meeting the criteria laid down in Annex II;