Hybrid Resource definition

Hybrid Resource means an Energy Resource or a Generation Capacity Resource composed of one generation component and one storage component behind the same Point of Interconnection operating in the capacity, energy, and/or ancillary services market(s) as a single integrated resource. A Hybrid Resource forms all or part of a Mixed Technology Facility.
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Hybrid Resource means an Energy Resource or a Generation Capacity Resource composed of more than one component behind the same Point of Interconnectionone generation component and one storage component behind the same Point of Interconnection operating in the capacity, energy, and/or ancillary services market(s) as a single integrated resource, whereby each component is a separate generation and/or storage technology type.. A Hybrid Resource
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Hybrid Resource has the meaning set forth in the CAISO Tariff.
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Examples of Hybrid Resource in a sentence

  • Not more than once per Contract Year during the Delivery Term, Buyer may request that Seller convert the Storage Facility from a Co-located Resource to a Hybrid Resource (or, if previously converted to a Hybrid Resource, back to a Co-located Resource).

  • Seller shall design and configure the Facility metering and equipment (although not necessarily the software associated therewith) to accommodate being able to function in a Co-located Resource or Hybrid Resource configuration using the best available information at the time of meter installation.

  • Upon such request, Seller shall determine in its commercially reasonable discretion, taking into account any operational or design limitations of the Facility and any CAISO approved process for conversion of a Co-Located Resource to a Hybrid Resource or vice versa, whether such a conversion is possible and, if so, the anticipated costs associated with such a conversion.

  • In the event that the Storage Facility and the Generating Facility are in Hybrid Resource configuration, Seller shall use commercially reasonable efforts to provide such information as is needed by Buyer or the CAISO to fully make use of Hybrid Resource functionality, or as is otherwise reasonably requested by Buyer.


More Definitions of Hybrid Resource

Hybrid Resource means a resource composed of one generation component and one Energy Storage Resource component behind the same Point of Interconnection operating in the capacity, energy, and/or ancillary services market(s) as a single integrated resource.
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