Macro utility definition

Macro utility means the capacity for aeration, batch drying, and fumigation can also be moved between locations. Quality is maintained and processing to bowls, bags, sacks or bulk is made easier by gravity. If for example maize yields are above average, it is cost effective to lease additional macro utility to store what will be sold first. When the macro lease(s) are empty of what is sold first, those lease payments end and mobile storage scales down to decreasing costs. On the other hand, if owner maize yields are so low that owner macro utility is available, then the bin(s) are a “mobile asset” (Growing Africa, 2013) that can be leased by owners to others for temporal or spatial arbitrage of for example paddy rice, animal feed or cassava chips.
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Related to Macro utility

  • Natural gas utility means an investor-owned business engaged in the sale and distribution of natural gas within this state whose rates are regulated by the commission.

  • Interconnecting Utility means the utility (which may or may not be Buyer or an Affiliate of Buyer) providing interconnection service for the Facility to the Transmission System of that utility.

  • Local utility means any sewerage authority created pursuant to

  • Water utility means a public utility as defined in

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.