Qualifying Resource definition

Qualifying Resource has the meaning as set forth in Section 4.1.
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Examples of Qualifying Resource in a sentence

  • To be eligible as a Qualifying Resource, the customer resource must1) be controllable and dispatchable by the Participant or host transmission operator, and 2) not have already been used to modify the Participant’s load forecast (i.e., serving a portion or all of the load not included in load forecast).

  • BackgroundA resource will not be assigned a Resource QCC or counted toward Portfolio QCC unlessit is a Qualifying Resource.

  • Capability Testing of Demand Response ProgramsA Capability Test for a Demand Response (DR) program registered as a Qualifying Resource will be used to confirm the claimed capability of the DR program, as well as the claimed duration of the load reduction (up to five hours).

  • The Qualifying Resource information provided in the FS Demonstration should be consistent with the information provided by the Program Operator as a result of Resource Registration (see BPM 105 Qualifying Resources).If a Participant experiences a catastrophic Qualifying Resource failure and is unable to replace the QCC on commercially reasonable terms prior to the FS Deadline, the Participant can seek an exception by submitting the attestation in Appendix B – Catastrophic Resource Failure Exception.

  • If the Counterflow of a Qualifying Resource exception is requested under subpart (2) of this section, the Participant requesting the exception shall include a written acknowledgement from the second Participant that it is aware of such exception request.

  • The Companies are not aware of any material adverse conditions affecting the supply of materials available to the Companies, and, to the best knowledge of the Companies, the consummation of the transactions contemplated hereby will not adversely affect any such supply.

  • In addition to the FS Demonstration, the FS Submittal shall include supporting FS materials including information on Qualifying Resource Capability Testing, Thermal Resources without GADS data, Hydro Resource QCCs and forced outages, late registered resources, and Transition Period exceptions.

  • Table II: RPS Qualifying Resource Limitations * Firmed and shaped resources involve contractual arrangements whereby a third party receives the power as it is produced by the generator, then redelivers an equivalent amount of energy to a buyer on a firm, scheduled basis.

  • In addition to the FS Demonstration (see Section 3.1), accompanying Monthly Transmission Exception Requests (see Appendix C – Monthly Transmission Exception General Attestation) and required Senior Official Attestations, a Participant’s FS Submittal shall also include supporting information on Qualifying Resource testing, Thermal Resources without GADS data, Hydro Resource QCCs, late registered resources, and transition exceptions.

  • To the extent a Participant holds transmission service rights with a point of receipt at a Qualifying Resource, or in connection with an RA Transfer to such Participant, any such rights from such point in a MW quantity, respectively, in excess of the QCC of such Qualifying Resource, or in excess of the value of such RA Transfer, shall not contribute toward satisfaction of such Participant’s FS Transmission Requirement.

Related to Qualifying Resource

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • qualifying person means a person in respect of whom payment has been made from the Fund, the Eileen Trust, MFET Limited, the Skipton Fund, the Caxton Foundation or the London Bombings Relief Charitable Fund;

  • Qualifying country means a country with a reciprocal defense procurement memorandum of understanding or international agreement with the United States in which both countries agree to remove barriers to purchases of supplies produced in the other country or services performed by sources of the other country, and the memorandum or agreement complies, where applicable, with the requirements of section 36 of the Arms Export Control Act (22 U.S.C. 2776) and with 10 U.S.C. 2457. Accordingly, the following are qualifying countries:

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons: