Scheduled Generation definition
Examples of Scheduled Generation in a sentence
In the event the Captive User fails to provide its acceptance by 1100 hours, the Scheduled Generation shall be considered as ‘zero’, allowing the Developer to schedule the Available Capacity to any third party.
The billing factor for the monthly Oversupply Rate is the sum of the customer’s Scheduled Generation during the month.
Charges to BPA Power Services for its applicable Scheduled Generation under this rate schedule shall be billed to customers purchasing under the Priority Firm Power, Industrial Firm Power, or New Resources Firm Power rate schedules using a Modified TOCA.
Step 2: By 1100 hours every day, the Captive User shall provide its acceptance to the forecast submitted by the Developer which shall be referred to as Scheduled Generation.
Such Renewable Energy shall not form part of Scheduled Generation but shall form part of Annual Guaranteed Generation.
The Oversupply charge shall be included on bills for the month after Displacement Costs are incurred, subject to the billing cap; i.e., there will be a one-month lag between Scheduled Generation and billing the Oversupply charge.
If the Seller Representative elects to direct and control a Tax Contest with respect to a Straddle Period, the Sellers may not settle or compromise any asserted Tax liability that adversely affects the computation of any material item of income, expense, deduction, taxable income, credit, or Tax liability for any taxable period after the Closing Date without the prior written consent of the Purchaser, which consent shall not be unreasonably withheld or delayed.
In case the acceptance is received, the Developer shall schedule such quantum to the Captive User as per the Applicable Law and the same shall be considered as part of Scheduled Generation and Annual Guaranteed Generation to the extent of accepted upward revision.