Grid Interactive System definition

Grid Interactive System. (GIS) means a system that connects the power generating plant (commonly Solar) in an electricity consumer's premises to an utility grid, so as to supply excess electricity to the distribution company's grid, after meeting the need of consumer and also to draw electricity from the grid to meet the short fall, when sufficient electricity is not produced by the generating plant, import-export and net energy consumed or injected is measured by 'net metering'.
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Examples of Grid Interactive System in a sentence

  • The net export units credited for the six month period shall be settled at its average cost of power purchase as approved by the Commission for that year or as mentioned in clause no.10.3 of TSERC (Net Metering Rooftop Solar PV Grid Interactive System) Regulation No. 06 of 2016 and any modification/ amendment to the regulation from time to time.

  • Eligibility for Net Metering arrangement has been specified in the NERC (Rooftop Solar Grid Interactive System Gross/Net Metering) Regulations, 2019 (herein after referred to as RTS Regulations, 2019).

  • All the commercial settlement under this agreement shall follow the Haryana Electricity Regulatory Commission (Rooftop Solar Grid Interactive System based on Net Metering) Regulations, 2014.

Related to Grid Interactive System

  • E-System means any electronic system approved by Agent, including Intralinks® and ClearPar® and any other Internet or extranet-based site, whether such electronic system is owned, operated or hosted by Agent, any of its Related Persons or any other Person, providing for access to data protected by passcodes or other security system.

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • ERCOT Protocols means the document adopted by ERCOT, including any attachments or exhibits referenced in that document, as amended from time to time, that contains the scheduling, operating, planning, reliability, and Settlement (including Customer registration) policies, rules, guidelines, procedures, standards, and criteria of ERCOT. For the purposes of determining responsibilities and rights at a given time, the ERCOT Protocols, as amended in accordance with the change procedure(s) described in the ERCOT Protocols, in effect at the time of the performance or non-performance of an action, shall govern with respect to that action.

  • PJM Interchange Energy Market means the regional competitive market administered by the Office of the Interconnection for the purchase and sale of spot electric energy at wholesale in interstate commerce and related services established pursuant to Operating Agreement, Schedule 1, and the parallel provisions of Tariff, Attachment K - Appendix.

  • Interstate system means the system of highways as defined in section 43-2-101 (2).