Surplus Power definition
Examples of Surplus Power in a sentence
Notices Teck to provide Notice of Proposed Schedule to BCH as set out in the Surplus Power Table (name of “Surplus Power Table” changed to “Transaction Protocol Table” in the Agreement).
Any Notice shall, upon its delivery to LEM, be deemed to be the commencement of the bidding process provided for below in order to determine the relevant Offer Price for the relevant Surplus Power (the "RFP Process").
The Long Term Firm Power Supply Agreement, as amended, terminates and replaces the Consolidated Sale of Surplus Power Agreement between Cominco and West Kootenay dated January 31, 1989.
Emergency Power Supply Period" means any period of time during which, at the request of one or more of the Sponsoring Companies, OVEC and DOE have agreed to reduce the contract demand under the DOE Power Agreement in order that one or more of the Sponsoring Companies will have available additional Surplus Power and Energy to prevent or alleviate an emergency which impairs or jeopardizes the ability of the Sponsoring Company or Companies to meet load.
The amount to be paid Corporation each month by the Sponsoring Companies for Surplus Power and Surplus Energy supplied under this Agreement shall consist of the sum of an energy charge, a demand charge and, if applicable, an emergency power surcharge, a DOE Settlement Capacity Surcharge and a DOE Settlement Energy Surcharge, all determined as set forth in this Article 6.
In the event of such a negotiated agreement or an acceptance by LEM of an Offer, ▇▇▇▇▇▇▇▇▇ shall be obligated to purchase and LEM shall be obligated to deliver such Surplus Power in accordance with the terms of such negotiated agreement or the agreement created by that Offer and acceptance.
On January 31, 1989, the parties signed a Consolidated Sale of Surplus Power Agreement which incorporates into one document all of the amendments and recognizes the transfer of facilities and other changes that have occurred since 1980.
If the Matching Offer is accepted by LEM, ▇▇▇▇▇▇▇▇▇ shall be obligated to purchase and LEM shall be obligated to sell the relevant Surplus Power at the price and upon the other material terms and conditions set forth or deemed to be included in the Matching Offer.
Teck shall use any available surplus capacity and flexibility provided by the CPA, or otherwise available to it at no cost, to dispose of surplus WAX Deferral Energy in accordance with the Surplus Power Rights Agreement.
The amount to be paid Corporation each month by the Sponsoring Companies for Surplus Power and Surplus Energy supplied under this Agreement shall consist of the sum of an energy charge, a demand charge and, if applicable, an emergency power surplus and/or a DOE Additional Power Release Surcharge, all determined as set forth in this Article 6.