The term major resource refers to any resource that has a planned capability exceeding fifty average megawatts. Additionally, if this resource is acquired by the Administrator, it must be for a duration longer than five years. Resources acquired under specific provisions of the Federal Columbia River Transmission System Act are not included in this definition.
In legal practice, the term "major resource" is primarily used in the context of energy regulation and conservation efforts, particularly in the Pacific Northwest. It is relevant in discussions surrounding the planning and management of electric power resources. Users may encounter this term when dealing with energy contracts, regulatory compliance, or conservation planning. Legal templates provided by US Legal Forms can assist users in navigating these processes effectively.
Here are a couple of examples of abatement:
For instance, a utility company planning to invest in a new hydroelectric plant with a capacity of seventy average megawatts would classify this as a major resource. This investment would involve a long-term contract lasting ten years to ensure stable energy supply. (hypothetical example)
The definition of major resource is outlined in 16 USCS § 839a, which is part of the Pacific Northwest Electric Power Planning and Conservation Act. This statute governs the management and planning of electric power resources in the region.
| Term | Definition | Key Differences |
|---|---|---|
| Minor resource | Resources with a planned capability less than fifty average megawatts. | Minor resources do not meet the capacity threshold set for major resources. |
| Renewable resource | Energy sources that are replenished naturally, such as solar or wind. | Renewable resources can be classified as major or minor based on their capacity. |
If you are involved in energy planning or resource acquisition, ensure that you understand the criteria for classifying a resource as a major resource. Consider using US Legal Forms for templates related to energy contracts or regulatory compliance. If the situation is complex, consulting a legal professional is advisable.
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