Auction Capacity definition

Auction Capacity has the meaning given in the Port Terminal Rules.
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Auction Capacity has the same meaning that 'auction capacity' has under the National Gas Rules.
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Auction Capacity means transportation capacity (as defined under the Auction Procedures) offered or purchased in the Capacity Auction.
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Examples of Auction Capacity in a sentence

  • Auction Capacity means “auction capacity” as defined in the National Gas Rules.

  • Auction Charge, for a Month, means the amount in dollars calculated as follows: AUC = AUR × AAC where: AUC is the Auction Charge for the Month AUR is the Auction Rate AAC is the aggregate of the daily quantities of Auction Capacity (in GJ) acquired by Shipper through a Capacity Auction for each Day during the Month Auction Rate means the per GJ auction rate published by Service Provider from time to time, which must comply with all applicable Laws.

  • If the Capacity available is not sufficient to receive or deliver all Auction Users’ nominated quantities, then the available Capacity will be allocated among those Auction Users pro rata on the basis of their respective MDQs for forward haul auction services utilising Auction Capacity under those agreements.

  • Forward Haul Auction Agreement means a Facility Agreement that provides for forward haul transportation services relating to Auction Capacity, including the parts of this Agreement relating to the Forward Haul Auction Service.

  • The Capacity Auction clears in the first Bidding Round for which the Remaining Auction Capacity at the end of that Bidding Round is less than or equal to the Potential Clearing Capacity for the Bidding Round Floor Price in that Bidding Round (the “Clearing Round”).

  • Second – quantities nominated by Transportation Facility Users under Forward Haul Auction Agreements ( Auction Users), not to exceed their respective MDQs for forward haul auction services utilising Auction Capacity under those agreements and, in aggregate for all Auction Users, not exceeding applicable Auction Capacity for the Day less quantities of Auction Capacity renominated by Firm Users.

  • Compression Service Facility Agreement means a Facility Agreement that provides for compression services relating to Auction Capacity, including the parts of this Agreement relating to the Compression Auction Service.

  • Second – quantities nominated by Transportation Facility Users under Compression Service Facility Agreements ( Auction Users), not to exceed their respective MDQs for Compression Auction Services utilising Auction Capacity under those agreements and, in aggregate for all Auction Users, not exceeding applicable Auction Capacity for the Day less quantities of Auction Capacity renominated by Firm Users.

  • If the Capacity available is not sufficient to receive or deliver all Auction Users’ nominated quantities, then the available Capacity will be allocated among those Auction Users pro rata on the basis of their respective MDQs for Compression Auction Services utilising Auction Capacity under those agreements.

  • Sixth – quantities for transportation to Transportation Facility Users pursuant to Forward Haul Auction Agreements, not to exceed their respective MDQs for forward haul auction services utilising Auction Capacity under those agreements and, in aggregate for all Auction Users, not exceeding applicable Auction Capacity for the Day less quantities of Auction Capacity renominated by Firm Users.

Related to Auction Capacity

  • Excess Capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • RA Capacity means the maximum megawatt amount that the CAISO recognizes from a Project that qualifies for Buyer’s Resource Adequacy Requirements and is associated with the Project’s Capacity Attributes.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Committed Capacity means that portion of the Capacity that is required to meet the Capacity Entitlements of Access Holders;

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Available RP Capacity Amount means the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 6.04(a)(ii)(D), (a)(vii) and (a)(x) minus the aggregate amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (a) make Investments pursuant to Section 6.06(q)(ii), (b) make Restricted Debt Payments pursuant to Section 6.04(b)(iv)(B) or (c) incur Indebtedness pursuant to Section 6.01(ll).

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • Nameplate Capacity Rating means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 10,000 kW.

  • indemnified capacity means any and all past, present and future service by an indemnified representative in one or more capacities as a director, officer, employee or agent of the corporation, or, at the request of the corporation, as a director, officer, employee, agent, fiduciary or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other entity or enterprise;

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;