Examples of Import Capacity in a sentence
Payments may be subject to reduction if the Customer fails to deliver demand reductions in accordance with the agreement • The minimum demand reduction capacity a Customer can offer is 25% of its Maximum Import Capacity.
Where the amount of capacity offered from New Import Capacity Resources and Existing Import Capacity Resources over an interface between the New England Control Area and an external Control Area is less than or equal to that interface’s approved capacity transfer limit (net of tie benefits, or net of HQICC in the case of the Phase I/II HVDC-TF), then the capacity offers from those resources shall be treated as capacity offers in the modeled Capacity Zone associated with that interface.
The amount of capacity offered over the interface that will be included in the aggregate supply curve of the modeled Capacity Zone associated with the interface shall be the lesser of the following two quantities: the amount of capacity offered from New Import Capacity Resources and Existing Import Capacity Resources over the interface; and the interface’s approved capacity transfer limit (net of tie benefits, or net of HQICC in the case of the Phase I/II HVDC-TF).
For purposes of determining which capacity offers from the New Import Capacity Resources and Existing Import Capacity Resources over the interface shall clear and at what price, the offers over the interface shall be treated in the descending-clock auction as if they comprised a separately-modeled export-constrained capacity zone, with an aggregate supply curve consisting of the offers from the New Import Capacity Resources and Existing Import Capacity Resources over the interface.
For an Import Capacity Resource associated with an Elective Transmission Upgrade that has not yet achieved Commercial Operation as defined in Schedule 25 of Section II of the Transmission, Markets and Services Tariff, major components shall also include, to the extent applicable, transmission facilities and associated substation equipment.
Site-specific billed charges may include the following components: • a fixed charge pence/MPAN/day or pence/MSID/day; • a capacity charge, pence/kVA/day, for Maximum Import Capacity (MIC) and/or Maximum Export Capacity (MEC); • an excess capacity charge, pence/kVA/day, if a site exceeds its MIC and/or MEC; • unit charges, pence/kWh, more than one unit charge may be applied; and • an excess reactive power charge, pence/kVArh, for each unit in excess of the reactive charge threshold.
Any such determination will be explained in the resource’s qualification determination notification and will be filed with the Commission as part of the filing described in Section III.13.8.1(c), subject to the provisions of subsection (vii) concerning New Import Capacity Resources.
If the Internal Market Monitor determines that the requested offer prices are consistent with the Internal Market Monitor’s capacity price estimate, then the resource’s New Resource Offer Floor Price shall be equal to the requested offer price, subject to the provisions of subsection (vii) concerning New Import Capacity Resources.
Incremental Import Capacity needed to meet forecast Load requirements is determined in Pass 2.
Pivotal Supplier Test for Existing Capacity Resources and New Import Capacity Resources in the Forward Capacity Market.