Market benefit definition
Market benefit means the present value of the benefits to those persons who produce, distribute, retail and consume electricity in New Zealand from a proposed investment or alternative project over a period of 20 years from the commissioning date (unless significant market benefits or costs are expected to arise from the proposed investment or alternative project after that time, in which case the then-present value of any future benefits may also be included in the market benefit of the proposed investment or alternative project) and includes:
Market benefit means the present value of the total net benefits of the proposed augmentation to all those who produce, distribute and consume electricity in the National Electricity Market [underlining added].
Market benefit means the total net benefits of the proposed augmentation to all those who produce, distribute and consume electricity in the NEM. That is, the increase in consumers’ and producers’ surplus or another measure that can be demonstrated to produce equivalent ranking of options in most (although not all) credible scenarios [emphasis added].
Examples of Market benefit in a sentence
Request plan and administrative service options from incumbent vendors/insurers Review Plan’s Financial Performance Present and provide analysis on renewals offered by incumbent vendors Negotiate final fees, rates and performance agreements with incumbent vendors Present estimated costs for benefit modifications Market benefit plan by coverage, including preparation of RFP’s.