Electric Facility definition

Electric Facility means a Generator or an electric transmission facility.
Electric Facility means a Generator or an electric transmission facility.For purposes of Section 23.4.5 of this Attachment H, “Entity” shall mean a corporation, partnership, limited liability corporation or partnership, firm, joint venture, association, joint-stock company, trust, unincorporated organization or other form of legal or juridical organization or entity. Exceptional Circumstances: shall mean one or more unavoidable circumstances, as determined by the ISO, that individually or collectively render as unavailable the data necessary for the ISO to perform an audit and review of a Market Party, pursuant to Section 23.4.5.6.2 of this Services Tariff. Exceptional Circumstances may include, but are not limited to: the inaccessibility of the physical facility; the inaccessibility of necessary documentation or other data; and the unavailability of information regarding the regulatory obligations with which the Market Party will be required to comply in order to return its Generator to service which regulatory obligations are not yet known but which will be made known by the applicable regulatory authority under existing laws and regulations provided that none of the above described circumstances are the result of delay or inaction by the Market Party. The magnitude of the repair cost, alone, shall not be an Exceptional Circumstance. For purposes of Section 23.4.5 of this Attachment H, “Going-Forward Costs” shall mean: either (a) the costs, including but not limited to mandatory capital expenditures necessary to comply with federal or state environmental, safety or reliability requirements that must be met in order to supply Installed Capacity, net of anticipated energy and ancillary services revenues, as determined by the ISO as specified in Section 23.4.5.3, for each of the following instances, as applicable, of supplying Installed Capacity that could be avoided if an Installed Capacity Supplier otherwise capable of supplying Installed Capacity were either (1) to cease supplying Installed Capacity and Energy for a period of one year or more while retaining the ability to re-enter such markets, or (2) to retire permanently from supplying Installed Capacity and Energy; or (b) the opportunity costs of foregone sales outside of a Mitigated Capacity Zone, net of costs that would have been incurred as a result of the foregone sale if it had taken place. For purposes of Section 23.4.5 of this Attachment H, “Indicative Mitigation Net CONE” shall mean the capacity price calculat...

Examples of Electric Facility in a sentence

  • An Electric Facility subject to a default bid shall be paid the LBMP or other market clearing price applicable to the output from the facility.

  • Minimum quantity thresholds shall not be applicable to the identification of physical withholding by an Electric Facility in a Constrained Area.

  • A default bid shall be designed to cause a Market Party to bid as if it faced workable competition during a period when (i) the Market Party does not face workable competition, and (b) has responded to such condition by engaging in the physical or economic withholding of an Electric Facility.

  • If the criteria contained in Section 3 are met, the NYISO may substitute a default bid for a bid submitted for an Electric Facility.

  • In designing and implementing default bids, the NYISO shall seek to avoid causing an Electric Facility to bid below its marginal cost.


More Definitions of Electric Facility

Electric Facility means a Generator or an electric transmission facility.For purposes of Section 23.4.5 of this Attachment H, “Entity” shall mean a corporation, partnership, limited liability corporation or partnership, firm, joint venture, association, joint-stock company, trust, unincorporated organization or other form of legal or juridical organization or entity. Exceptional Circumstances: shall mean one or more unavoidable circumstances, as determined by the ISO, that individually or collectively render as unavailable the data necessary for the ISO to perform an audit and review of a Market Party, pursuant to Section 23.4.5.6.2 of this Services Tariff. Exceptional Circumstances may include, but are not limited to: the inaccessibility of the physical facility; the inaccessibility of necessary documentation or other data; and the unavailability of information regarding the regulatory obligations with which the Market Party will be required to comply in order to return its Generator to service which regulatory obligations are not yet known but which will be made known by the applicable regulatory authority under existing laws and regulations provided that none of the above described circumstances are the result of delay or inaction by the Market Party. The magnitude of the repair cost, alone, shall not be an Exceptional Circumstance.
Electric Facility means an electric resource, including a Generating Unit, System
Electric Facility means a transformer or electric wire utilized to provide Electric Service, together with all associated equipment necessary to physically attach such facilities to a Pole or within a Conduit.
Electric Facility means a Generator or an electric transmission facility. For purposes of Section 23.4.5 of this Attachment H, “Entity” shall mean a corporation, partnership, limited liability corporation or partnership, firm, joint venture, association, joint-stock company, trust, unincorporated organization or other form of legal or juridical organization or entity. Beginning with the Class Year immediately following Class Year 2021, subsequent Class Year Studies, Additional SDU Studies, and Expedited Deliverability Studies that are commenced after August 1, 2022, the ISO will establish an “Estimated Initial Decision Period” to be twelve months from the Class Year Study Start Date and three months from the Expedited Deliverability Study Start Date for the purpose of establishing the starting Capability Years for the Part A Mitigation Study Period Years 1 through 3 and Part A Mitigation Study Period Years 4 through 6.
Electric Facility means facilities used to transmit or distribute electricity to the Terminal.