OPC Resource definition

OPC Resource. - means any one (1) of the following resources: the OPC-Controllable-ITS Resources, the Block Resources, the SEPA Resources, the Nuclear Resources, the OPC Off-System Resources and the Pseudo CT Resource. "OPC Resources" - means, collectively, more than one (1) OPC Resource.
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OPC Resource means the capacity entitlement or other rights with respect to generating facilities from which, or power purchase contracts, interchange agreements or other contracts or agreements under which, OPC is required or has the right to take, purchase or otherwise acquire Electric Energy during the Term.
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Examples of OPC Resource in a sentence

  • The sale by OPC to LPM of OPC Energy under this Agreement does not constitute either a sale, lease, or the dedication of ownership of any OPC Resource.

  • Upon communication of such information, LPM shall Properly Request the amounts of Electric Energy that LPM desires to purchase from each such OPC Resource within LPM's Share of OPC Resources.

  • OPC Resource Operations Governed By ------------ ---------------------- Georgia Power Blocks Block Power Sale Agreement between Georgia Power Company and OPC, dated as of November 12, 1990.

  • Load management switching equipment and any other demand side management of individual EMCs will not be an OPC Resource, but will remain the property of such EMCs which may use, or direct OPC on such EMC's behalf to coordinate the use of such load management switching equipment or other demand side management as it shall determine from time to time.

  • Generating facilities currently owned by individual Participating Members will not be an OPC Resource, but will remain the property of each such Participating Member which may use such generating facilities as it shall determine from time to time.

  • Generating facilities currently owned by individual EMCs will not be an OPC Resource, but will remain the property of each such EMC which may use such generating facilities as it shall determine from time to time.

  • Load management switching equipment and any other demand side management of individual Participating Members will not be an OPC Resource, but will remain the property of such Participating Members which may use, or direct OPC on such ** Material has been omitted pursuant to a request to the Commission for confidential treatment and has been filed separately with the Commission.

  • Upon communication of such information, Power Marketer shall notify OPC of its desire to enter into a Transaction pursuant to Section 2.2 and, upon confirmation of the Transaction pursuant to Section 2.2, Properly Request the amounts of Electric Energy that Power Marketer desires to purchase from each such OPC Resource in excess of its obligation to purchase OPC Energy from Must Run Resources.

  • No adjustment shall be made to the extent that the actual average monthly Energy Cost does not exceed [ ]*% of the Forecast Energy Cost for an OPC Resource during any month.

  • The Parties shall also establish procedures whereby OPC shall communicate to Power Marketer on an hourly basis the projected OPC Load and the availability of, and estimated Energy Cost for, each OPC Resource, as such availability and Energy Cost may change from time to time.