Forward Capacity definition

Forward Capacity means, in relation to a Forward Contract, the amount in kWh per Day (being a quantity not a rate) of Firm NTS Entry Capacity specified as such in the Acceptance Notification to which the Forward Contract relates;
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Forward Capacity means Forward Firm Capacity and Forward Interruptible Capacity. Forward Day-Ahead Interruptible Capacity means Forward Interruptible Capacity made available on a Day-Ahead basis. Forward Firm Capacity means each of Forward Firm Long Term Capacity and Forward Firm Short Term Capacity.
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Forward Capacity means, in respect of a Forward, the amount in kWh per Day (being a quantity not a rate) of NTS Entry Capacity specified as such in the Tender Offer and/or Tender Acceptance Notice in respect of the Forward Period;
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Examples of Forward Capacity in a sentence

  • ICAP Tag Value – A consumer account’s contribution to peak load, expressed in kW-month, as determined by the Local Distributor pursuant to the ISO New England Manual for the Forward Capacity Market.

  • A consumer account’s contribution to peak load, expressed in kW- month, as determined by the Local Distributor pursuant to the ISO New England Manual for the Forward Capacity Market.

  • For the avoidance of doubt, but without limiting the condition set forth in Section 3.4(b)(ii), Seller shall have no obligation during the Services Term to pay for such Network Upgrades or to complete the Forward Capacity Auction qualification process.

  • Seller shall participate in such Forward Capacity Auction qualification process as required to allow Seller to qualify a Seasonal Claimed Capability of not less than 1,090 MW over the U.S. Transmission Line no later than the Guaranteed Delivery Term Start Date, as it may be extended pursuant to Sections 3.1(c) through 3.1(f).

  • With the delivery of this validly signed Participation Agreement including the duly completed attachments, the Registered Participant declares that it has full and complete knowledge of the "Allocation Rules for Forward Capacity Allocation” (hereinafter referred to as the Allocation Rules) which are published on the website of the Allocation Platform and any agreed additional rules in accordance with Article 4 (hereinafter referred to as the Additional Rules).

  • In accordance with Article 4 and 62 of the Allocation Rules for Forward Capacity Allocation, regional or border specificities may be introduced for one or more Bidding Zone borders.

  • The Provider shall sell the capacity of the Project into the Forward Capacity Market (FCM) by the later of twelve (12) months from the Commercial Operation Date or the first date available to participate in the Forward Capacity Auction (FCA); if not, the Provider relinquishes ownership of the Capacity Value of the Project to the Host.

  • Buyer shall neither take title to any Capacity nor be responsible for any actions or conditions in the Forward Capacity Market with respect to such Capacity.

  • Subject to all other terms of this Agreement, the actions of Seller in the Forward Capacity Market, as set forth in this Section 4.8, are for the economic benefit of Buyer, as set forth in Exhibit E.

  • Notwithstanding anything to the contrary contained in this Guaranty and for the avoidance of doubt, Guarantor hereby agrees that for purpose of this Guarantor all reference to the “Forward Capacity Market” shall mean and include the Forward Capacity Market as the same is in place and administered by the Guaranteed Party as of the date of this Guaranty and any successor or substitute market thereto, or replacement market thereof, administered by Guaranteed Party.

Related to Forward Capacity

  • System Capacity means the operational capacity of the Gathering System at any applicable point in time.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Committed Capacity means that portion of the Capacity that is required to meet the Capacity Entitlements of Access Holders;

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

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