05.07.2009
The electrical capacity made available by an IPP to the grid
Represents the level of output that may be sustained continuously by the electricity utility’s power stations without significant risk of damage to plant and equipment.
Power that the utility energy provider can, and often must, make available to consumers when their primary source of energy is not available. Without back-up service from the utility providing power, retail customers would either need to maintain their own energy generation facilities or be at the mercy of a limited and possibly uncertain supply of energy
This is an 87 MW IPP established in Ashkelon that provides half of its output to the water desalination plant on its premises and the other half is sold to end consumers such as the Nilit plant and Mekorot or the grid. The station received its provisional license in March 2008 and its permanent generation license in February 2009. The station was erected at a total cost of $100 million dollars. It is composed of two 32 MW GE natural gas turbines and one Siemens 23 MW CCGT turbine. In August 2005, Yam Tethys signed an agreement with Delek Ashkelon for the supply of gas to the IPP by the Ashkelon desal plan, the supply of which started with the connection of the plant to the Natural Gas transmission line and will continue for 15 years or until 30.6.2022. YT is in negotiations with the Delek Ashkelon IPP to increase the supply of gas, which currently stands at 0.12 bcm per year. Total value of the contract (100%) is about $160 million
In August 2009, Yam Tethys signed an additional agreement with Delek’s IPP to sell an additional 0.015 bcm of gas per year until 2010 only for an additional $6 million or for about $5.6 mmbtu. The contract terms will be re-opened in 2010.
Secondary type of fuel used in a power station if for any reason the primary source of fuel is not available.
According to the electricity regulations the essential service provider must give back-up services to all of an IPP’s consumers. Thus if an IPP is unable to provide his consumers with electricity due to down time for maintenance or any other reason, IEC is obliged to provide the power
The amount of money that an electric utility would need to spend for the next increment of electric generation to produce or purchase elsewhere the power that it instead buys from a cogenerator or small-power producer. Regulators (including the PUA-Electricity in Israel) establish broad guidelines for determining how much a licensed facility gets paid for power sold to the utility.
The average number of megawatt-hours, not megawatts, over a specified time period. For example, over the course of one year, an average megawatt is equal to 8,760 megawatt-hours, or 24 hours x 365 days x 1 megawatt.