Peak Generation definition
Peak Generation means the Declared Sent Out Capacity (DSOC) for an Entry Point declared in an Access Contract, or where no DSOC is declared, it means the peak generation that is likely to occur at an exit point over a 12 month period as determined by the Network Operator, acting as a reasonable and prudent person.
Examples of Peak Generation in a sentence
The Parties agree to comply with Section 3 of the Settlement Agreement, entitled Desert Peak Generation, with regard to the entire generating capability of the existing generator, turbine, and associated equipment and all energy produced by such generator, turbine, and associated equipment, even if said generator, turbine and associated equipment is altered, modified or improved, shall be sold to Sierra pursuant to the PPA, As Amended.