Nomination of Dependable Capacity Sample Clauses
The Nomination of Dependable Capacity clause defines the process by which a party, typically a power producer, formally declares the amount of reliable electricity generation capacity it can provide to the grid or a purchaser. This clause outlines the timing, method, and criteria for submitting capacity nominations, often requiring periodic updates or advance notice to ensure accurate planning. Its core function is to ensure that the receiving party can rely on a specified level of capacity for operational and contractual purposes, thereby reducing uncertainty and facilitating efficient energy supply management.
Nomination of Dependable Capacity. Upon completion of testing pursuant to Clause 10.1 and Schedule 3 -, the Seller shall notify the Purchaser in writing as to the amount of Dependable Capacity available from the Plant.
Nomination of Dependable Capacity. Upon completion of testing pursuant to Clause 10.1 and Error! Reference source not found., the Seller shall notify the Purchaser in writing as to the amount of Dependable Capacity available from the Plant.