Planning Horizon definition

Planning Horizon means, with respect to any Biennial Plan (or Plan Update), the period for which the system assessment for such Biennial Plan (or Plan Update) is made, which period shall be the longer of (i) ten years or (ii) the planning period required by the Commission in its pro forma OATT, as it may be amended from time to time.

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Planning Horizon means, with respect to any Biennial Plan (or Plan Update), the period for which the system assessment for such Biennial Plan (or Plan Update) is made, which period shall be the longer of (i) ten years or (ii) the planning period required by the Commission in its pro forma open access transmission tariff, as it may be amended from time to time.

Planning Horizon means the longer of:

Examples of Planning Horizon in a sentence

• ColumbiaGrid shall update the then current WECC planning base case to reflect such updated information so that the system assessment reflects on-going transmission projects on the RIS and the likely completion dates of such projects to the extent such Projects and completion dates are reasonably forecasted to occur prior to the end of the Planning Horizon.

• ColumbiaGrid may allocate costs in a Facilities Agreement to a ▇▇▇▇ that has a Need during the Planning Horizon that is met by the Requested Service Project; provided that ColumbiaGrid shall not allocate costs in an amount that exceeds the cost that would have been incurred by such ▇▇▇▇ had it met its Need with a separate EOP.

• ColumbiaGrid may also allocate costs to a ▇▇▇▇ in a Facilities Agreement whose Need does not give rise to the Staff-Recommended EOP but that has a Need during the Planning Horizon that is met by such EOP; provided that ColumbiaGrid shall not allocate costs to such ▇▇▇▇ in an amount that exceeds the cost that would have been incurred by such ▇▇▇▇ had it met its Need with a separate EOP.

• If there is an accompanying Need which can be delayed or eliminated by the Requested Service Project within the Planning Horizon, ColumbiaGrid shall endeavor to make an equitable allocation of costs of such Staff- Recommended Requested Service Project based upon the affected ▇▇▇▇’▇ OATT requirements and the delay or elimination of the Need.

• Such Draft Report shall identify Needs that the system assessment has projected to occur during the Planning Horizon.

More Definitions of Planning Horizon

Planning Horizon means the future time period, in years, over which project costs will be paid and public or non-public benefits received, normally based on the expected project life plus the construction period. The planning horizon may not exceed the expected life of the project facilities plus the construction period, or 100 years, whichever is less.

Planning Horizon means the timespan of the integrated resource plan, which must be no less than fifteen years.

Planning Horizon has the meaning set forth in Section 4.01(d).

Planning Horizon means the future time period over which project costs will be paid and benefits received, normally based on the expected useful life of the project.

Planning Horizon means the longer of: (a) the longest remaining contract term in a utility's electricity supply resource portfolio; (b) the period of the longest lived electricity supply resource being considered for acquisition; or (c) ten years.

Planning Horizon means the time period for which Buyer furnishes Seller forecasted requirements in either daily, weekly, monthly or quarterly periods.

Planning Horizon means the period to which the plan is intended to look forward into the future beyond the plan years for which approval is being sought;