Wave 2 definition

Wave 2 means the commercial trial of the Power Potential Service and Power Potential Tender, which is scheduled to take place across the periods specified in the Market Trial Calendar;
Wave 2. Enabling MERCK to practice the Platform Technology comprising:
Wave 2. The commercial trial of the Power Potential Service and Power Potential Tender taking place across the periods from [ ] to [ ] and from [ ] to [ ];

Examples of Wave 2 in a sentence

  • The target sample for Wave 2 onwards, is 2000 smokers, 1000 cigarette/heat-not-bum (HNB) product dual users, 1000 HNB-only users and 500 non-smokers, for a total sample of n=4,500.

  • The flowchart in Figure 1 outlines the process for competitive bidding (i.e. Wave 2 and 3 for the reactive power service and competitive bidding following the Mandatory Technical Trials for the active power service).

  • In Wave 2 there is an additional step, which is that for each Service Window, DER need to indicate an availability price (£/MVar/hr) and a utilisation price (£/MVarh) for Reactive power.

  • Wave 2 introduces competitive bidding between DER, with the volumes accepted by National Grid in line with actual system need, although volumes procured will not be used to secure the system.

  • From the DER perspective, Wave 3 will operate in a similar manner to Wave 2.

  • The process for participation in Wave 2 is similar to that for Wave 1, with the key difference being that this Wave introduces competition among participants, with each specifying both an availability price and a utilisation price.

  • DER must have completed the Mandatory Technical Trials to participate in Wave 2.

  • The Technology Transfer will be deemed complete upon the Completion of Wave 1 and the Completion of Wave 2.

  • Wave 2 of Phase 3 of the ITC Korea Project, a new cohort survey, will be coordinated and administered by UW.

  • As part of Wave 2, Codexis and Merck shall participate in Technology Transfer Project 1 at Codexis’ facility in Redwood City, California and Technology Transfer Project 2 at the Designated Lab.


More Definitions of Wave 2

Wave 2 means the Mobile WiMAX certification testing that uses the feature set designated as Wave 2 by the WiMAX Forum.