Examples of Resource Adequacy Requirements in a sentence
From the Execution Date, and for the duration of the Delivery Term, Seller shall take all commercially reasonable actions, including complying with all applicable registration and reporting requirements, and execute any and all documents or instruments necessary to enable Buyer to use all of the capacity of the Project, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements during the Delivery Term.
The delivery point for the Project, with respect to Buyer’s Resource Adequacy Requirements, shall be the Interconnection Point for the Project.
The amount of capacity required for the forecasted Coincident Peak Demand of a Customer to meet the MISO Resource Adequacy Requirements (Module E-1 of the MISO Tariff).
The value of the Bid Adder will be either: (i) a unit-specific value determined in consultation with the CAISO or an independent entity selected by the CAISO, or (ii) a default Bid Adder of $24/MWh. For Generating Units with a portion of their capacity identified as meeting an LSE’s Resource Adequacy Requirements, that Generating Unit’s Bid Adder value will be reduced by the percent of the Generating Unit’s capacity that is identified as meeting an LSE’s Resource Adequacy Requirements.
Seller agrees that during the Delivery Term Seller shall, at a minimum, comply with the terms set forth in Appendix X to enable Buyer to use all of the capacity, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements.