Dispatchable Capacity definition
Examples of Dispatchable Capacity in a sentence
If negotiations are unsuccessful, ▇▇▇▇▇ and Seller will mediate the terms of the amendment using the mediation procedures set forth in Section 10.02 of the Transition PPA Within ninety (90) days after the Transition PPA is executed by ▇▇▇▇▇ and Seller, Seller shall designate the initial Additional Dispatchable Capacity offered to Buyer for the term of the PPA.
The Seller shall have financial responsibility for any applicable CAISO charges or penalties for deviations in the delivery of the Additional Dispatchable Capacity, so long as such charges or deviations are due to actions of the Seller.
In addition to these standard products, a Seller may elect to sell to Buyer under a Transition PPA Additional Dispatchable Capacity above the standard contract capacity set forth in the Transition PPA (Additional Dispatchable Capacity).
In order to be eligible to provide Additional Dispatchable Capacity pursuant to this section, the Seller must have twenty-five (25) MWs or more capacity available as Additional Dispatchable Capacity; provided, however, that the Seller must schedule such capacity in quantities of at least 10 MW for scheduled delivery.
After the initial designation of Additional Dispatchable Capacity a Seller providing such capacity to Buyer on a firm basis shall offer such capacity no later than thirty (30) days before the annual Resource Adequacy year-ahead showing each year during the term of the Transition PPA.
In addition, such Additional Dispatchable Capacity will be offered with an associated fixed heat rate, or fixed heat rate curve, established by the Seller.
Such Additional Dispatchable Capacity will include a fixed heat rate, or fixed heat rate curve, established by the Seller.
The fixed heat rate or fixed heat rate curve will be used as the applicable heat rate in the energy price formula calculated pursuant to Section 10.2.1.1. Additional Dispatchable Capacity must meet CPUC/CAISO requirements for RA and such capacity must be offered and provided in a manner consistent with CAISO Tariff and Protocols.
Seller shall receive CAISO revenues and charges associated with the delivery of any Additional Dispatchable Capacity into the CAISO markets. When the IOU is not the Scheduling Coordinator and elects not to accept Seller’s offer of Additional Dispatchable Capacity for the term of the Transition PPA, the IOU will facilitate the scheduling and delivery of the Transition PPA Power Product in cooperation with the Seller’s Scheduling Coordinator.
Buyer must negotiate in good faith for 120 days to amend the Transition PPA to incorporate a competitive market price for the Additional Dispatchable Capacity.