System Optimization definition

System Optimization means the Work to be performed by the Vendor in each PCS System in accordance with the requirements of Exhibit B5 and the terms of this Contract.
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System Optimization means that the utility should compare demand-side options (e.g. efficient appliance rebates) with those from the supply-side (new power plants). It means determining whether to build a power plant, or buy power from an independent producer, or whether to invest in local distributed generation or in transmission lines to import power. The utility should use all these options to assemble the suite that best meets customer energy service needs. At the end of the day, customers care about warmth, coolth, mobility, and so forth, not about kilowatt-hours. So if it is cheaper to replace an office building’s old light bulbs than to build a new gas turbine, that’s where the money should land. If it is cheaper to import wind from the Midwest than to run a coal plant, the utility should be rewarded for that choice. And so forth.
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Related to System Optimization

  • Database Management System (DBMS) A system of manual procedures and computer programs used to create, store and update the data required to provide Selective Routing and/or Automatic Location Identification for 911 systems. Day: A calendar day unless otherwise specified. Dedicated Transport: UNE transmission path between one of CenturyLink’s Wire Centers or switches and another of CenturyLink’s Wire Centers or switches within the same LATA and State that are dedicated to a particular customer or carrier. Default: A Party’s violation of any material term or condition of the Agreement, or refusal or failure in any material respect to properly perform its obligations under this Agreement, including the failure to make any undisputed payment when due. A Party shall also be deemed in Default upon such Party’s insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party or the failure to obtain or maintain any certification(s) or authorization(s) from the Commission which are necessary or appropriate for a Party to exchange traffic or order any service, facility or arrangement under this Agreement, or notice from the Party that it has ceased doing business in this State or receipt of publicly available information that signifies the Party is no longer doing business in this State.

  • multi-system operator or “MSO” means a cable operator who has been granted registration under rule 11 of the Cable Television Networks Rules, 1994 and who receives a programming service from a broadcaster and re-transmits the same or transmits his own programming service for simultaneous reception either by multiple subscribers directly or through one or more local cable operators;

  • System Operations means the Power Producer's operation; maintenance and repair of the System performed in accordance the requirement herein.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53 (1) (c) (ii) for implementing the municipality's delivery of municipal services and its annual budget, and which must indicate-

  • external engineering service means an engineering service outside the boundaries of a land area referred to in an application and that is necessary for the utilisation and development of the land;