Unforced Capacity definition

Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

Unforced Capacity. (or “UCAP”) means the electric capacity required to be provided by LSEs to serve electric load as defined by the NYISO Tariffs, rules, manuals and procedures.

Unforced Capacity as set forth in the PJM Agreements, or any successor, measurement of the capacity obligation of a Load Serving Entity as may be employed in PJM (whether set forth in the PJM Agreements or elsewhere). Charge – Any fee, charge or other amount that is billable by the Company to the DS Supplier under this Agreement. Commercial Class – Group of Rate Schedules that comprise the Commercial Class for DS Supply and itemized in Appendix C. Company – PECO Energy Company. Costs – With respect to the Non-Defaulting Party, brokerage fees, commissions and other similar transaction costs and expenses reasonably incurred by such Party either in terminating any arrangement pursuant to which it has hedged its obligations or entering into new arrangements which replace Transaction(s) under this Agreement; and all reasonable attorneys’ fees and expenses incurred by the Non-Defaulting Party in connection with the termination of this Agreement. Customer – Any person or entity who enters a contractual agreement with the Company to receive retail electric service including, without limitation, all persons or entities taking service under a retail tariff, eligible to receive competitive electricity supply from an EGS or DS, respectively, in accordance with the Applicable Legal Authorities. Damages – Financial compensation from the Defaulting Party to the Non-Defaulting Party associated with the occurrence of an Event of Default or an Early Termination of this Agreement. This compensation shall be assessed pursuant to Article 5 of this Agreement. Defaulting Party – A Party to this Agreement that has caused or precipitated an Event of Default or an Early Termination of this Agreement.

Examples of Unforced Capacity in a sentence

• Control of Unforced Capacity shall be rebuttably presumed from (i) ownership of an Installed Capacity Supplier, or (ii) status as the Responsible Market Party for an Installed Capacity Supplier, but may also be determined on the basis of other evidence.

• If the foregoing requirements are met, the ISO shall determine the level of the Installed Capacity Supplier’s Going-Forward Costs and shall seasonally adjust such costs not later than 7 days prior to the deadline for submitting offers to sell Unforced Capacity in such auction.

• The Going-Forward Costs shall be determined by the ISO after consultation with the Responsible Market Party, provided such consultation is requested by the Responsible Market Party not later than 50 business days prior to the deadline for offers to sell Unforced Capacity in such auction, and provided such request is supported by a submission showing the Installed Capacity Supplier’s relevant costs in accordance with specifications provided by the ISO.

• The amount of Unforced Capacity that may be supplied by such entities qualifying pursuant to the alternative criteria may be reduced by the ISO, pursuant to ISO Procedures, to reflect the possibility of curtailment.

• Each Installed Capacity Supplier must confirm to the ISO, in accordance with ISO Procedures that the Unforced Capacity it has certified has not been sold for use in an External Control Area.

More Definitions of Unforced Capacity

Unforced Capacity means installed capacity rated at summer conditions that is not on average experiencing a forced outage or forced derating, calculated for each Capacity Resource on the 12-month period from October to September without regard to the ownership of or the contractual rights to the capacity of the unit.

Unforced Capacity as set forth in the PJM Agreements, or any successor, measurement of the capacity obligation of a Load Serving Entity as may be employed in PJM (whether set forth in the PJM Agreements or elsewhere). Charge – Any fee, charge or other amount that is billable by the Company to the DS Supplier under this Agreement.

Unforced Capacity has the meaning set forth in the NYISO Rules. Weekend – means the period of time that commences with the hour ending on Friday 2300 and ends the following Monday at hour ending 0900.

Unforced Capacity means the capacity of a generator or other capacity resource that accounts for the EFORd of that capacity resource as periodically determined by PJM.

Unforced Capacity or “UCAP” means the installed Capacity of the Facility rated at summer conditions that are not on average experiencing a forced outage or forced de- rating, as determined by PJM pursuant to the PJM Agreements and PJM Tariff.

Unforced Capacity means the capacity of a capacity resource that accounts for the EFORd of that capacity resource and as periodically determined by PJM.

Unforced Capacity. Has the meaning ascribed to such term in the MISO Rules.