Winter Capability Period definition

Winter Capability Period. The period commencing November 1 of each year through April 30 of the following year.

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Winter Capability Period shall have the meaning provided by the NYPP or ISO, as the case may be, as may be modified from time to time. Winter Capability Period is currently each November 1 through April 30 of the following calendar year.

Winter Capability Period means November 1 of each Calendar Year through April 30 of the following Calendar Year as currently defined by the NYISO, or such other periods as may be determined by the NYISO. Year – means a period of 365 consecutive days, or 366 consecutive days if such period includes a February 29.

Examples of Winter Capability Period in a sentence

• A Summer Capability Period followed by a Winter Capability Period shall be referred to as a “Capability Year.” Each Capability Period shall consist of On-Peak and Off-Peak periods.

• In the case of an ETA that will expire or terminate after the end of the 2008 Winter Capability Period, the ISO shall set the deadline on a date prior to the beginning of the Centralized TCC Auction for the Capability Period in which the ETA expires or terminates.

• In the case of an Expansion that enters commercial operation less than 90 days before the beginning of a Capability Period, the temporary award that is effective during the Summer Capability Period (or any portion thereof) may differ from the temporary award that is effective during the Winter Capability Period (or any portion thereof).

• Each Project qualifying for ▇▇▇▇ will have two ▇▇▇▇ values per Project: one for the Summer Capability Period and one for the Winter Capability Period.

• Through the Winter Capability Period 2017/2018, the Project’s ▇▇▇▇ value for the Winter Capability Period will be set at a value that will maintain the same proportion of ▇▇▇▇ to ERIS as the Project has for the Summer Capability Period.

• The entity seeking External ▇▇▇▇ Rights must specify which, if any, months of the Winter Capability Period it will supply External Installed Capacity under the bilateral supply contract(s) (“Specified Winter Months”).

• A Summer Capability Period followed by a Winter Capability Period shall be referred to as a “Capability Year”.

• RCP = × UPF = UCAP Production Factor (decimal fraction), % for the Summer Capability Period and % for the Winter Capability Period.

• If, for example, a Market Participant wishes to purchase a TCC beginning in the Summer Capability Period of 2003, and ending in the Winter Capability Period of 2004-2005, it would submit a single Bid for this TCC.

• RCP = (RUP x UPF x IC x 1,000)/ Total RECs where: RUP = Reference UCAP Price ($/kW-month) UPF = UCAP Production Factor (decimal fraction) for the Summer Capability Period or Winter Capability Period as applicable.

More Definitions of Winter Capability Period

Winter Capability Period. The period commencing November 1 of each year through April 30 of the following year; provided that, if the NYISO rules and tariff specify a different period as a Winter Capability Period (or its equivalent), such different period shall be the Winter Capability Period for purposes of this Agreement.

Winter Capability Period means one of two time periods defined by the ISO for the purposes of rating and auditing resources pursuant to Section III.9. The time period associated with the Winter Capability Period is the period October 1 through May 31. Winter Intermittent Reliability Hours are defined in Section III.13.1.2.2.2.2(c) of Market Rule 1. Year means a period of 365 or 366 days, whichever is appropriate, commencing on, or on the anniversary of March 1, 1997. Year One is the Year commencing on March 1, 1997, and Years Two and higher follow it in sequence. Zonal Price is calculated in accordance with Section III.2.7 of Market Rule 1. Zonal Capacity Obligation is calculated in accordance with Section III.13.7.5.2 of Market Rule 1. Zonal Reserve Requirement is the combined amount of TMSR, TMNSR, and TMOR required for a Reserve Zone as described in Section III.2.7A and ISO New England Operating Procedure No. 8.

Winter Capability Period has the meaning set forth in the NYISO Rules. POWER AUTHORITY OF THE STATE OF NEW YORK By: By: Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: Title: President and Chief Executive Officer Title: Beneficiary: Power Authority of the State of New York ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ White Plains, NY 10601 Date of Issuance: We hereby establish our Irrevocable Standby Letter of Credit number in favor of the Power Authority of the State of New York (“Beneficiary”) on behalf of (“Seller”) available by draft(s) at sight for a maximum of US $ ( United States Dollars) against any one or more documents presented in the following form: