Examples of ODEC in a sentence
Ragnar Benson, Inc., 2006 WL 2252514 (August 4, 2006) (ODEC I).2098.
In connection with the furnishing of Services and Products, ODEC’s operations shall be so conducted that all Members will, through their patronage, furnish capital for ODEC.
ODEC further states that it disagrees with the Rehearing Order’s statement that “public power self-supply entities cannot engage in voluntary, arms-length bilateral contracts with unaffiliated third parties without triggering the MOPR.”155 ODEC argues that taken literally, this statement would subject all voluntary, arms-length bilateral contracts entered into by public power to the MOPR, including energy-only power purchase agreements with third parties.
Exelon June 16 Answer at 11; ODEC Comments on First Compliance Filing at 5.
ODEC contends that such a result would have a chilling effect on third parties’ willingness to enter into bilateral transactions to sell power to self-supply entities because the sale of power will deem the third party’s capacity resource to have received a State Subsidy and trigger the MOPR’s application to that third party’s resource.
ODEC maintains that subjecting the third-party resource to the MOPR would not impact the self-supply entity’s capacity sell offer since the self- supply entity purchasing only energy, and that these energy-only bilateral contracts are hedging mechanisms to limit exposure in the spot market.156In their answers, EKPC/SMECO and NOVEC urge the Commission to reject PJM’s proposal, arguing that all self-supply bilateral contracts should not result in mitigation.
DD, § 6.8(a)).346 Id. at 67-68.347 Id. at 71.348 Exelon Protest, Comments, and Request for Clarification of First Compliance Filing at 12, 26; ODEC Comments on First Compliance Filing at 8-9; Virginia Department of Mines, Minerals and Energy Comments on First Compliance Filing at 4.
ODEC has not demonstrated a need for all of the 1,500 MW from the proposed Cypress Creek Power Station until 2030 or later.
For example, ODEC asserts that the degree of physical comparability depends on the extent to which demand response resources can be dispatched similar to a generator.54 Calpine adds that traditional generators provide system support features that demand response cannot, such as ancillary services including governor response or reactive power voltage support, which are necessary for reliable operation of the electric system.5524.
New Jersey Board Initial Testimony at 27-28; ODEC Initial Testimony at 24-25.