Topic/Matter Intersection

Topic:"Operating Expenses" in M13042

Matter: Procurement Administrator - Power Advisory - Application for Approval of the Green Choice Power Purchase Agreement

2 passages 1 document

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P-1-(i)Appendix A - Green Choice PPA 2 passages

3.1 Operation Covenants p. p. 32

3.1 Operation Covenants - (a) During the Interim Period and the Term, the Seller shall have, through ownership, leasehold interest, easement or right of way, all land tenure or land tenure agreements in respect of the Site which are requir...

AI summary This section outlines the Seller's operational covenants during the Interim Period and the Term, including requirements for land tenure, facility ownership and maintenance, compliance with regulations, connection to the Delivery Point, energy source restrictions, and decommissioning responsibilities.

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(b) The Seller shall: p. p. 34

(b) The Seller shall: - (i) For each day of the Interim Period and the Term, provide to NSPI by 8:30 am Atlantic Prevailing Time of the previous day, an hourly forecast of (i) the number of generators at the Facility that will be available...

AI summary The Seller is required to provide NSPI with hourly forecasts of generator availability and deratings, update forecasts promptly in case of changes, and provide real-time data access. Failure to comply results in a 75% reduction in the applicable rate for Net Output.

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