Bulk Dispatch Rights definition

Bulk Dispatch Rights. The rights acquired by a utility through a dispatch rights contract, pursuant to the New York State Public Service Commission’s Order Establishing Energy Storage Goal and Deployment Policy, issued December 13, 2018, and as modified by the Order Directing Modification to Energy Storage Solicitations, issued April 16, 2021, in Case 18-E-0130, to schedule and dispatch storage resources constructed thereunder.
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Examples of Bulk Dispatch Rights in a sentence

  • Contractor acknowledges that the utility is solely responsible for payments associated with the utility Bulk Dispatch Rights contract, and NYSERDA shall have no obligation to pay to Contractor amounts in respect of the Bulk Dispatch Rights contract amount, or any part thereof, and any failure by the utility to pay amounts owed to Contractor under the Bulk Dispatch Rights contract when and as due shall not relieve Contractor of any obligation under this Agreement.

  • Contractor shall maintain insurance in the amount equal to the greater of the insurance obligations under Contractor’s Bulk Dispatch Rights contract and this Article.

  • The compensation structure and schedule under the utility Bulk Dispatch Rights Contract and NYSERDA Contract shall be the same.

  • The Contractor may request payment of Milestone Payment 1: Commercial Operation Payment ([X%] of the Total Incentive* Note: payments will align with payment structure of the utility’s Bulk Dispatch Rights contract) upon submission to and approval by NYSERDA of documentation sufficient to demonstrate that the system has achieved Commercial Operation.

  • Contractor shall maintain insurance in the amount equal to the greater of the Bulk Dispatch Rights contract and this Article.

Related to Bulk Dispatch Rights

  • bulk cargo means any quantity of the usual bulk materials used in an iron and steel industry (but does not include pig iron or steel billets) and consigned for use by the Company or by any subsidiary company or by any associated company in connection with its operations in that industry;

  • Dispatch Instruction has the meaning set forth in the CAISO Tariff.

  • Bulk drug substance means any substance that is represented for use, and that, when used in the

  • Peak-Hour Dispatch means, for purposes of calculating the Energy and Ancillary Services Revenue Offset under Tariff, Attachment DD, section 5, an assumption, as more fully set forth in the PJM Manuals, that the Reference Resource is committed in the Day-Ahead Energy Market in four distinct blocks of four hours of continuous output for each block from the peak-hour period beginning with the hour ending 0800 EPT through to the hour ending 2300 EPT for any day when the average day-ahead LMP for the area for which the Net Cost of New Entry is being determined is greater than, or equal to, the cost to generate (including the cost for a complete start and shutdown cycle) for at least two hours during each four-hour block, where such blocks shall be assumed to be committed independently; provided that, if there are not at least two economic hours in any given four-hour block, then the Reference Resource shall be assumed not to be committed for such block; and to the extent not committed in any such block in the Day- Ahead Energy Market under the above conditions based on Day-Ahead LMPs, is dispatched in the Real-Time Energy Market for such block if the Real-Time LMP is greater than or equal to the cost to generate under the same conditions as described above for the Day-Ahead Energy Market.

  • Biochemical Oxygen Demand (BOD) shall mean the quantity of oxygen utilized in the biochemical oxidation of organic matter under standard laboratory procedure in five (5) days at 20 degrees Centigrade, expressed in milligrams per liter.