Economic potential definition

Economic potential means the energy and capacity savings that result in future years when measures are adopted or applied by customers at the time it is economical to do so. For purposes of this chapter, economic potential may be determined by comparing the utility’s avoided cost savings to the incremental cost of the measure.
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Economic potential means the reduction in energy usage or peak demand that would result if all electricity consumers adopted the most efficient, cost-effective commercially available energy efficiency measures. Economic potential is a subset of technical potential.
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Economic potential means the reduction in energy usage or peak demand that would result if all homes and businesses adopted the most efficient and cost-effective measures. Economic potential is a subset of the "technical potential."
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Examples of Economic potential in a sentence

  • The Seeker will evaluate the proposal using the following criteria: • Overall scientific and technical feasibility of the proposed solution; • Economic potential of concept (e.g. Total Cost of Ownership); • Business potential for the Seeker; • Novelty and non- obviousness; • Potential for proprietary position (i.e., is the technology novel or protectable); • User’s capabilities and related experience; • Realism of the proposed solution; • Maturity level of the proposal.

  • Name of the River Economic potential, Billion kWh / year Share of economic resources % 1 Chomakhidze, D., Chomakhidze, K., Chomakhidze, I., "Peculiarities and Principles of Energy Management", Tbilisi-2020.

Related to Economic potential

  • Economic Sanctions refers to sanctions imposed by the U.S. government in response to Russia’s actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. Accordingly, should the State determine Contractor is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities, that shall be grounds for termination of this agreement. The State shall provide Contractor advance written notice of such termination, allowing Contractor at least 30 calendar days to provide a written response. Termination shall be at the sole discretion of the State.

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • U.S. Economic Sanctions is defined in Section 5.16(a).

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Economic Life means the period over which improvements to real property contribute to property value.