Peaking definition
Examples of Peaking in a sentence
For each Gas Hour following the issue of a notice pursuant to clause 10.4(e) that the Shipper exceeds an Outer Hourly Peaking Limit, the Shipper must pay at the Hourly Peaking Rate an Hourly Peaking Charge for each GJ of Gas Received in excess of the relevant Outer Hourly Peaking Limit during that Gas Hour in accordance with clause 20.
The Supplier’s Maximum Daily Peaking Quantity (“MDPQ”) may be modified during the calendar year in accordance with the provisions of Sections 13.0 and 16.0 of the Company’s Terms and Conditions.
The “Product” to be delivered and sold by Seller and received and purchased by Buyer under this Agreement is [Seller to select: As-Available, Baseload, Peaking, or Dispatchable] Energy, [Delete for Energy Only Bids, except for Projects located outside of the CAISO: Capacity Attributes,] Green Attributes, and other ancillary products, services or attributes similar to the foregoing which are or can be produced by or associated with the Project (net of Station Service) in accordance with the terms hereof.
The computed Peaking Capability for such Period(s) shall be the average of the beginning and ending Peaking Capabilities for such Period(s) in the Modified Regulation.
The “Product” to be delivered and sold by Seller and received and purchased by Buyer under this Agreement is [Seller to select: As- Available, Baseload, Peaking, or Dispatchable] Energy, [Delete for Energy Only Bids, except for Projects located outside of the CAISO: Capacity Attributes,] Green Attributes, and other ancillary products, services or attributes similar to the foregoing which are or can be produced by or associated with the Project (net of Station Service) in accordance with the terms hereof.
The “Contract Capacity” is the full generation capacity of the Project net of all Station Service which shall be [For As-Available Product: no less than [____] MW and no greater than [____] MW] [For Baseload, Peaking, or Dispatchable Product only: an amount determined periodically pursuant to a Capacity Test as set forth below].
The monthly charges will equal the out-of-pocket cost of supplying Peaking Energy delivered during the month, pursuant to subsection 2.4 above, including all operating, variable maintenance, tax, transmission losses, the cost as agreed to by the Operating Committee or replacement of consumed SO2 and other atmospheric emission allowances, if any, when such allowance programs become effective, and other expenses incurred which would not have been incurred if the energy had not been supplied.
The amount credited to the Supplier’s Peaking Service Account shall be determined by multiplying the incremental Peaking Supply by the Peaking Inventory Percentage described in Section 16.4.5.
The Coordinating Group shall use the same methodology to determine the Peaking Capability for the Period immediately preceding and for the Period immediately succeeding the Period(s) with the Coordinated System’s highest EAPL.
The Coordinating Group shall use the same methodology to determine the Peaking Capability for the Period immediately preceding and for the Period immediately succeeding the Period(s) with the Coordinated System’s lowest EAPL.