Market benefit definition

Market benefit means the total net benefits of the proposed augmentation to all those who produce, distribute and consume electricity in the National Electricity Market. 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;
Sample 1
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:
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Market benefit means the total benefits of an option (or an alternative option) to all those who produce, distribute and consume electricity in the National Electricity Market. That is, the change in consumers’ plus producers’ surplus or another measure that can be demonstrated to produce an equivalent ranking of options in a majority of reasonable scenarios. For clarity, market benefit does not include the transfer of surplus between consumers and producers. In determining the market benefit, the analysis may include, but need not be limited to the following benefits:
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Examples of Market benefit in a sentence

  • An enlarged EU also means an enlarged Internal Market benefit that will affect all members of the EEA, comprising close to half a billion people with the world’s largest Internal Market.

  • The following table discloses the name and funded status of the pension plan as of January 1, 2016 (the date of the last actuarial valuation): Accumulated Market benefit value ofLegal name and plan number The accumulated benefit obligation and market value of plan assets are not reflected in the accompanying balance sheets of CHS.

  • Thermal-electrical simulation was carried out to analyze the temperature of the leads at a board temperature of 150 °C.

  • The competition effects of an efficiently functioning Internal Market benefit consumers in the form of wider choice and more competitive prices.

  • Market benefit is a term used in the AER’s Regulatory Test to describe the sum of consumer and producer surplus in the NEM.

  • Energy Imbalance Market benefit estimates, including import and export margins and volumes, as well as greenhouse gas benefits.

  • Currently, all members of the EU Single Market benefit from having zero tariffs on imports, which is es- sentially a free trade agreement.

  • The benefit component of the benefit/cost ratio is the total annual enhancement benefit which is the sum of two metrics: the Energy Market benefit and the Reliability Pricing Model benefit.

  • From this standpoint, the football federations and clubs located in the Common Market, and therefore the consumers of sports content located in the Common Market, benefit from such extra continental funding.Thirdly, the existence of a single intermediary will lead to synergies for broadcasters and sponsors.

  • The proposal includes two lots within the northwest corner of the project that are considered double frontage lots because they front on both Belmont Road and Bluebonnet Lane, a local dead-end cul-de-sac street.


More Definitions of Market benefit

Market benefit means the present value of the total benefit of an option (or an alternative option) to all those who produce, distribute and consume electricity in the National Electricity Market (NEM). That is, the change in consumers’ plus producers’ surplus or another measure that can be demonstrated to produce an equivalent ranking of options in a majority of reasonable scenarios. For clarity, market benefit does not include the transfer of surplus between consumers and producers, nor does it include the costs defined in paragraph 2.
Sample 1
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].
Sample 1

Related to Market benefit

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • Retirement Benefit means the benefit set forth in Article 5.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Actuarial equivalent means a benefit of equal value when

  • Net Benefits Test means a calculation to determine whether the benefits of a reduction in price resulting from the dispatch of Economic Load Response exceeds the cost to other loads resulting from the billing unit effects of the load reduction, as specified in Operating Agreement, Schedule 1, section 3.3A.4 and the parallel provisions of Tariff, Attachment K-Appendix, section 3.3A.4.

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Disability Benefit means the benefit set forth in Article 8.

  • Termination Benefit means the benefit set forth in Article 7.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Service benefit means the credit toward retirement benefits as determined by the

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Relevant Benefits means any pension, annuity, lump sum, gratuity or other like benefit given or to be given on retirement or death, or in anticipation of retirement.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Annuity Benefit means a benefit payable by us as described in Part VII.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.