Merchant plant definition

Merchant plant means electric generating equipment and associated facilities with a capacity of more than 100 kilowatts located in this state that are not owned and operated by an electric utility.
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Merchant plant under this Stipulation. "Merchant Plant Participation" in this Stipulation shall mean to invest in, acquire, construct or operate specific Merchant Plant by PNM. Merchant Plant Participation does not include issuance of securities by PNM. 4) After passage of Senate Bill 266, the NMPRC initiated an inquiry into issues concerning PNM's plans for Merchant Plant and utility generation resources in Utility Case No. 3137, which is pending. 5) The New Mexico Public Utility Act ("PUA")ss.ss. 62-3-1 et seq. has been xxxxaled effective July 1, 2003. Laws 1998, ch. 108, ss. 82.
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Merchant plant means an electrical generating facility.
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Examples of Merchant plant in a sentence

  • Vizag Power project will be mainly structured as a Merchant plant and implemented in a period manner with an initial capacity of 1040 MW and increasing upto 400 MW in a phased manner.

  • Merchant plant sell their output into the spot market and hedge price risk using short-term forward markets.

  • Merchant plant developers believe that the nature of the state tax puts them at a competitive disadvantage with out- of-state electric companies that could sell to in-state utilities without paying the fee.

  • Merchant plant production would require service stations to only have hydrogen storage tanks.

  • The timeline described in this CPP Timeline section incorporates the Auction Commencement Date, the Auction Completion Date, and the Date of Declaration of a Successful Result as its primary reference points.

  • Non-PNM Signatories may not argue that a utility purpose is not met if the Merchant plant meets the criteria described in Paragraph 21(c) (Merchant Plant Financings) incorporated here and made applicable in this subparagraph b of Paragraph 33.

  • Prior to the Macae Merchant plant, no power plants existed in this portion of the electricity network to meet the power needs of this area of the state.

  • Merchant plant production would be delivered to retail stations by various methods.

  • However, any genuine initiative to improve government efficiency, would appropriately begin with an examination of the means for improving efficiency, not presumed solutions, such as government consolidation.

  • Project: Refinance existing 50 million gallon per year ethanol production facility plant and financing of new 50 million gallon capacity located in Rochelle, IL (in service 2009) Off‐take: Merchant plant.

Related to Merchant plant

  • Processing Plant means plant systems, located on or off the Leased Premises, that include a gas processing plant, natural gasoline plant, gasoline plant, or other plant where raw unprocessed natural gas is processed to remove or extract Raw Mix from the natural gas stream to produce a Pipeline- Quality Natural Gas or Residue Gas and other products, and the Raw Mix is then either (i) separated by fractionation down to its base components prior to storage and/or transport that meets or conforms to all applicable Gas Processors Association (GPA) Standards and/or Specifications for the commercial sale of each liquefiable hydrocarbon product, or (ii) transported to another plant for separation down to its base components by fractionation prior to storage and/or transport for the commercial sale of each liquefiable hydrocarbon product. Any deductions, costs, or processing fees associated with the removal or recovery of Natural Gas Liquids is strictly limited to only that part of any Processing Plant or facility where Raw Mix is recovered, and if applicable at that plant, also fractionated to their component parts.

  • Food processing plant means a commercial operation that manufactures, packages, labels or stores food for human consumption and does not provide food directly to a consumer. “Food processing plant” does not include any of the following:

  • Data Processing Equipment means any equipment, computer hardware, or computer software (and the lease or licensing agreements related thereto) other than Personal Computers, owned or leased by the Failed Bank at Bank Closing, which is, was, or could have been used by the Failed Bank in connection with data processing activities.

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Transportation Services means travel assistance given to an individual

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • Related Services means the services incidental to the supply of the goods, such as insurance, delivery, installation, commissioning, training and initial maintenance and other such obligations of the Supplier under the Contract.

  • Transportation equipment means 1 or more of the following:

  • 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:

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • Water supply system means the structures, aqueducts, pipes, valves, pumps, meters or other apparatus relating thereto of which the ownership vests in the municipality and which are used or intended to be used by it in connection with the supply of water, and includes any part of the system; and

  • Sewage system means the entire sewage treatment and subsurface disposal system;

  • Utility Services means physical plant including but not limited to pipes, valves, conduits, cables, terminals, transformers, etc. owned and operated by communications, television, hydro, gas and oil companies or any other utility companies.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Transportation project means any project that the department is authorized by law to undertake including but not limited to a highway, tollway, bridge, mass transit, intelligent transportation system, traffic management, traveler information services, or any other project for transportation purposes.

  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.

  • Routine care means medical care which is not urgent or emergent in nature and can wait for a regularly scheduled physician appointment without risk of permanent damage to the patient’s life or health status. The condition requiring routine care is not likely to substantially worsen without immediate clinical intervention.