Resource Adequacy Requirement definition

Resource Adequacy Requirement or “RAR” means the Resource Adequacy or successor program requirements established by the CPUC, CAISO or any other regional entity, including submission of a Supply Plan or Resource Adequacy Plan.
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Resource Adequacy Requirement or “RAR” means the capacity procurement obligations established by the CPUC pursuant to the CPUC Decisions, or by CAISO or any other regional entity.
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Resource Adequacy Requirement or “RAR” means a standard or requirement established and administered by the Commission, PJM, FERC, or other Governmental Authority, whereby unit-specific Capacity is identified and the physical unit is made available for meeting such requirement; the eligibility to count Capacity toward the Resource Adequacy Requirement may be determined by identifying the full resource adequacy capability of specific Units or an amount of resource adequacy capability from a combination of all or any part of the Units (not including the PJM RPM Market as in place as of the Execution Date and related PJM Agreements).
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Examples of Resource Adequacy Requirement in a sentence

  • Seller agrees that the Units offered to Buyer will meet all requirements necessary to qualify as a resource capable of contributing to Buyer’s Resource Adequacy Requirement at all times during the Services Term.

  • Buyer requested offers for the sale of Capacity, Energy and Other Products (as defined herein) from new renewable generation, new distributed generation, repowered existing facilities, exiting or new Qualifying Facilities, and/or new conventional generation technologies and all fuel types, including technologies capable of running on multiple fuels, in order to, among other things, support its long-term procurement plan and assist it in meeting its Resource Adequacy Requirement.

  • The Parties acknowledge that the Commission, PJM, FERC, or another Governmental Authority may, during the Contract Term, put into place a Resource Adequacy Requirement whereby eligibility to credit Capacity toward the Resource Adequacy Requirement may be determined by identifying the Project.

  • The Parties further acknowledge that as of the Execution Date no such Resource Adequacy Requirement exists.

  • Seller represents and warrants to Buyer that Seller has not used, granted, pledged, assigned or otherwise committed any portion of the Contract Capacity to satisfy the Resource Adequacy Requirement of any party other than Buyer.

  • Seller shall not use, grant, pledge, assign or otherwise commit any portion of the Contract Capacity to satisfy the Resource Adequacy Requirement of any party other than Buyer.

  • During any month of delivery, if Buyer’s received Capacity with respect to its Resource Adequacy Requirement is less than the Lower Limit (“Underused Resource Adequacy Capacity Quantity”), Seller shall invoice Buyer for an amount equal to the Lower Limit multiplied by the Contract Price (Resource Adequacy Capacity) and shall credit Buyer’s account for the revenues obtained by Seller from remarketing the Underused Resource Adequacy Capacity Quantity.

  • During any month of delivery, if Xxxxx’s received Capacity with respect to its Resource Adequacy Requirement exceeds the Upper Limit (“Excess Resource Adequacy Capacity Quantity”), Seller shall invoice Buyer an amount equal to the Upper Limit multiplied by the Contract Price (Resource Adequacy Capacity).

  • Seller agrees that the Units offered to Buyer meet all requirements necessary to qualify as a resource capable of contributing to Buyer’s Resource Adequacy Requirement or similar successor requirements at all times during the Services Term.

  • Buyer requested offers for the sale of Capacity, Energy and Other Products (as defined herein) from existing renewable generation, distributed generation, Qualifying Facilities (as such term is defined in 18 C.F.R. §292.101(b)(1) (2008)), and/or conventional generation technologies, in order to, among other things, support its intermediate-term procurement needs and assist it in meeting its Resource Adequacy Requirement.


More Definitions of Resource Adequacy Requirement

Resource Adequacy Requirement or “RAR”: The specific RA obligations or requirements Buyer must meet.
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Resource Adequacy Requirement or “RAR” means the Resource Adequacy or
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Resource Adequacy Requirement or “R AR” means the Resource Adequacy or
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Resource Adequacy Requirement or “RAR” means those resource adequacy requirements that Buyer is required to comply with pursuant to Applicable Law.
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Resource Adequacy Requirement or “RAR” means a standard established and administered by the CPUC and/or the CAISO or a successor control area operator, whereby Capacity is identified and the physical Unit is made available to the CAISO for eligibility to count Capacity toward the Resource Adequacy Requirement may be determined by identifying the full Resource Adequacy capability of the Unit or an amount of Resource Adequacy capability from the Unit.
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Related to Resource Adequacy Requirement

  • Resource Adequacy Requirements has the meaning set forth in Section 3.3.

  • Capital Adequacy Requirement shall have the meaning given to that term in Section 2.11(d).

  • Resource Adequacy means the procurement obligation of load serving entities, including Buyer, as such obligations are described in CPUC Decisions D.00-00-000 and D.00-00-000 and subsequent CPUC decisions addressing Resource Adequacy issues, as those obligations may be altered from time to time in the CPUC Resource Adequacy Rulemakings (R.) 00-00-000 and (R.) 00-00-000 or by any successor proceeding, and all other Resource Adequacy obligations established by any other entity, including the CAISO.

  • Resource Adequacy Rulings means CPUC Decisions 00-00-000, 00-00-000, 00-00-000, 06- 06-024, 00-00-000 and any subsequent CPUC ruling or decision, or any other resource adequacy laws, rules or regulations enacted, adopted or promulgated by any applicable Governmental Authority, as such CPUC decisions, rulings, laws, rules or regulations may be amended or modified from time to time during the Term.

  • Resource Adequacy Benefits means the rights and privileges attached to the Generating Facility that satisfy any Person’s resource adequacy obligations, as those obligations are set forth in any Resource Adequacy Rulings and shall include any local, zonal or otherwise locational attributes associated with the Generating Facility.

  • Capital Adequacy Regulation means any guideline, request or directive of any central bank or other Governmental Authority, or any other law, rule or regulation, whether or not having the force of law, in each case, regarding capital adequacy of any bank or of any corporation controlling a bank.

  • Privacy Requirements shall have the meaning set forth in Section 3.19.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Asset adequacy analysis means an analysis that meets the standards and other requirements referred to in 5.34(5)“d.”

  • Safety Requirements means Prudent Electrical Practices, CPUC General Order No. 167, Contractor Safety Program Requirements, and all applicable requirements of Law, PG&E, the Utility Distribution Company, the Transmission Provider, Governmental Approvals, the CAISO, CARB, NERC and WECC.

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • Environmental, Health, and Safety Requirements means all federal, state, local and foreign statutes, regulations, ordinances and other provisions having the force or effect of law, all judicial and administrative orders and determinations, all contractual obligations and all common law concerning public health and safety, worker health and safety, and pollution or protection of the environment, including without limitation all those relating to the presence, use, production, generation, handling, transportation, treatment, storage, disposal, distribution, labeling, testing, processing, discharge, release, threatened release, control, or cleanup of any hazardous materials, substances or wastes, chemical substances or mixtures, pesticides, pollutants, contaminants, toxic chemicals, petroleum products or byproducts, asbestos, polychlorinated biphenyls, noise or radiation, each as amended and as now or hereafter in effect.

  • Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:

  • Capital Adequacy Rule means any law, rule, regulation, guideline, directive, requirement or request regarding capital adequacy, or the interpretation or administration thereof by any governmental or regulatory authority, central bank or comparable agency, whether or not having the force of law, that applies to any Related Lender. Such rules include rules requiring financial institutions to maintain total capital in amounts based upon percentages of outstanding loans, binding loan commitments and letters of credit.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Wastewater treatment system means any equipment, plants,

  • Environmental, Health or Safety Requirements of Law means all Requirements of Law derived from or relating to foreign, federal, state and local laws or regulations relating to or addressing pollution or protection of the environment, or protection of worker health or safety, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq., the Occupational Safety and Health Act of 1970, 29 U.S.C. § 651 et seq., and the Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq., in each case including any amendments thereto, any successor statutes, and any regulations or guidance promulgated thereunder, and any state or local equivalent thereof.

  • Clean air standards, as used in this clause, means:

  • Emission control system means the electronic engine management controller and any emission related component in the exhaust or evaporative system which supplies an input to or receives an output from this controller.

  • National Pollutant Discharge Elimination System Permit or “NPDES” means a permit issued by the MPCA as required by federal law for the purpose of regulating the discharge of pollutants from point sources into waters of the United States from concentrated animal feeding operations (CAFOs) as defined by federal law

  • Security Requirements means the requirements regarding the security of Personal Data, as set out in the Data Protection Laws (including, in particular, the seventh data protection principle of the DPA and/ or the measures set out in Article 32(1) of the GDPR (taking due account of the matters described in Article 32(2) of the GDPR)) as applicable;

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • National Pollutant Discharge Elimination System (NPDES) means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring, and enforcing permits and imposing and enforcing pretreatment requirements, under Sections 307, 318, 402, and 405 of CWA. The term includes an approved program.

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.