Long-term financial commitment definition
Long-term financial commitment means either a new ownership investment in baseload generation or a new or renewed contract with a term of five or more years, which includes procurement of baseload generation.
Long-term financial commitment means either new ownership investment in the facility by the retail seller or local publicly owned electric utility or a new or renewed contract with a term of 10 years or more, which includes procurement of the incremental generation. (Public Utilities Code Section 399.12.5, Subdivision (b)(4).
Long-term financial commitment means either a new ownership interest in baseload electric generation or an upgrade to a baseload electric generation facility; or a new or renewed contract for base- load electric generation with a term of five or more years for provi- sion of retail power or wholesale power to end-use customers in this state.
More Definitions of Long-term financial commitment
Long-term financial commitment means either new ownership investment in the facility by the retail seller or a new or renewed contract with a term of more than 10 years, which includes procurement of the incremental generation.
Long-term financial commitment means either new ownership investment in the facility by the retail seller or local publicly owned electric utility or a new or renewed contract with a term of 10 or more, which includes procurement of the incremental generation.
Long-term financial commitment means either a new ownership
Long-term financial commitment means an investment in or upgrade of a renewable
Long-term financial commitment means: (a) A new ownership
Long-term financial commitment means either: (1) a new ownership investment in baseload generation; or (2) a new or renewed contract with a term of five or more years, which includes procurement of baseload generation. "Baseload generation" means electricity generation from a fossil-fueled power plant that is designed and intended to provide electricity at an annualized plant capacity factor of at least 60 percent. For a load-serving utility, "total
Long-term financial commitment means either an ownership investment in a powerplant or a contract for procurement of baseload electricity with a term of three or more years.