Capacity Overrun definition

Capacity Overrun means an Entry Capacity Overrun, an Exit Capacity Overrun, a Sub-Sea I/C Offtake Capacity Overrun or a Supply Point Capacity Overrun, as the case may be;
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Capacity Overrun means, in respect of any hour, a situation where the Shipper exceeds either of the following:
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Examples of Capacity Overrun in a sentence

  • These Price Supplements constitute the only indemnification, which GRTgaz may claim in the event of a Daily or Hourly Capacity Overrun.

  • For each Daily Transmission Capacity on the Regional Network specified in Appendix 2 to the Contract, the Daily Transmission Capacity Overrun on the Regional Network is equal to the Daily Delivery Capacity Overrun at the corresponding Delivery Point.

  • For any Hourly Capacity Overrun less than or equal to ten per cent (10%) of the corresponding Hourly Capacity, no Price Supplement for Hourly Capacity Overrun shall be due by the Shipper.

  • For any Daily Exit Capacity Overrun on the Main Network, or Daily Transmission Capacity Overrun on the Regional Network or Daily Delivery Capacity Overrun less than or equal to three per cent (3%) of the corresponding Daily Capacity, no Price Supplement for Daily Capacity Overrun shall be due by the Shipper.

  • Should GRTgaz reduce or interrupt Daily Delivery Capacity on a given Day, the Daily Delivery Capacity Overrun for the said Day shall be calculated by reducing the Daily Delivery Capacity by the proportion thus interrupted or reduced.

  • For any Daily Exit Capacity Overrun on the Main Network, or Daily Transmission Capacity Overrun on the Regional Network or Daily Delivery Capacity Overrun in excess of ten per cent (10%) of the said Daily Capacity, a Price Supplement related to the Daily Capacity Overrun shall be due by the Shipper, calculated as follows: CPDCJ = PUQCJ x ((0.07 x CJ) x 20 + (DCJ – 0.10 x CJ) x 40) where CPDCJ, PUQCJ, DCJ and CJ have the same definitions as above.

  • OVERRUN‌ Every day, for each Hourly Delivery Capacity specified in Appendix 2 to the Contract, the difference, if it is positive, between - The maximum value of the hourly average of the Hourly Quantity Delivered during four (4) consecutive hours on the relevant Day, and - The corresponding Hourly Delivery Capacity shall constitute an Hourly Capacity Overrun.

  • If GRTgaz agrees to an upward adjustment of the annual subscription in compliance with Sub-clause 4.1I, the price supplements linked to a Daily or Hourly Capacity Overrun billed on the basis of the old subscription remain acquired by GRTgaz.

  • Hourly Capacity Overrun: quantity of energy, expressed in MWh (GCV), as defined in the Sub-clause entitled “Price Supplement related to an Hourly Capacity Overrun” in Section C.

  • OVERRUN Every day, for each Hourly Delivery Capacity specified in Appendix 2 to the Contract, the difference, if it is positive, between - The maximum value of the hourly average of the Hourly Quantity Delivered during four (4) consecutive hours on the relevant Day, and - The corresponding Hourly Delivery Capacity shall constitute an Hourly Capacity Overrun.

Related to Capacity Overrun

  • Cost Overrun means an obligation exceeding the maxi- mum capital expenditure authorized by an approval.

  • 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.

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

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Subprojects means more than one such Subproject.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Capacity Utilization Factor or “CUF” Shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time. Here, the CUF is expressed in AC terms.

  • Subproject means a development activity proposed by a Beneficiary under Part A.2 (d) of the Project and financed or to be financed through a Subproject Grant (as hereinafter defined) made out of the proceeds of the Development Credit;

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

  • Capacity Export Transmission Customer means a customer taking point to point transmission service under Tariff, Part II to export capacity from a generation resource located in the PJM Region that has qualified for an exception to the RPM must-offer requirement as described in Tariff, Attachment DD, section 6.6(g).

  • Capacity Resource shall have the meaning provided in the Reliability Assurance Agreement. Commencement Date:

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Capacity Storage Resource means any hydroelectric power plant, flywheel, battery storage, or other such facility solely used for short term storage and injection of energy at a later time to participate in the PJM energy and/or Ancillary Services markets and which participates in the Reliability Pricing Model.

  • Power Plant means a facility for the generation of

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

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

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • 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.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.2.

  • EPC Contractor means Seller’s engineering, procurement and construction contractor or such Person performing those functions.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Design-build team means an entity that consists of:

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request: