Forecasting Consultant definition

Forecasting Consultant. The specialist forecast provider appointed for the purpose of devising, operating and maintaining the Hybrid Forecast Model in accordance with Section 5.3 and Schedule 13, as may be replaced from time to time in accordance with this Agreement.
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Examples of Forecasting Consultant in a sentence

  • In the event the same is attributable to the Forecasting Consultant or the Hybrid Forecast Model, then the procedure laid out in Schedule 13 shall be followed by the Parties.

  • The Forecasting Consultant (i) shall be an expert in forecasting solar and wind power generation with at least ten (10) current facilities of both solar and wind technologies, in its forecasting portfolio with aggregate generation capacity of one thousand (1,000) MW or more, as demonstrated to the Purchaser, and (ii) shall use sophisticated and reliable forecasting tools and software.

  • Should the Forecast Error (as defined in Schedule 13) of the Hybrid Forecast Model exceed the Forecast Error Limit (as defined in Schedule 13), the Purchaser may require the Seller to undertake dump load tests at the Complex to demonstrate that the variation in the Forecast Error beyond the Forecast Error Limit is not attributable to the Forecasting Consultant or the Hybrid Forecast Model.