Commercial operations date (COD) | Practical Law
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Commercial operations date (COD)
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Commercial operations date (COD)
Practical Law UK Glossary w-001-7697
(Approx. 4 pages)
Glossary
Commercial operations date (COD)
As used for electricity, the date under a long term
power purchase agreement
when the
commissioning
tests have been passed and the facility starts to generate power to earn revenue. For more information, see
Practice notes, Power projects: development phase
and
Power purchase agreement: overview of a long-term PPA
and
Standard document, Power purchase agreement: onshore wind
.