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 resolutions adopted at a Meeting of any Committee shall be valid: (i) in first call, with the favorable vote of the majority of their members; (ii) in second call, by the unanimous vote and, in the event of a tie, the Independent Director shall have a tie-breaking vote; and (iii) in third call, by the number of members of the relevant committee attending the Meeting.

  • 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.

  • Societal perspective need not even be presented as evidence because common sense or public morals presumes that society despises the explicit depiction of a child engaging in sexual activity.

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:

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

  • 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.

  • Objectives and Strategies means (i) with respect to any Regulated Fund other than a BDC Downstream Fund, its investment objectives and strategies, as described in its most current registration statement on Form N-2, other current filings with the Commission under the Securities Act or under the Securities Exchange Act of 1934, as amended, and its most current report to stockholders, and (ii) with respect to any BDC Downstream Fund, those investment objectives and strategies described in its disclosure documents (including private placement memoranda and reports to equity holders) and organizational documents (including operating agreements).

  • 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 framework included in the EA setting out modalities to be followed in assessing the potential adverse environmental and social impact associated with activities to be implemented under the Project, and the measures to be taken to offset, reduce, or mitigate such adverse impact.

  • 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.

  • UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended;

  • AIM means the AIM market operated by the London Stock Exchange;

  • 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:

  • Independent Safeguarding Authority is a non-departmental public body sponsored by the Home Office set up under the provisions of the Safeguarding Vulnerable Groups Act 2006 and which is responsible for the decision making and maintenance of two lists covering the children’s and vulnerable adults’ sectors

  • Strategy means the Department of Education International Risk Management Strategy for Homestays and Short Term Cultural Exchanges developed and implemented under section 171 of the Working With Children (Risk Management and Screening) Act 2000 as in force at any given time.

  • 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.