Commercial operations date (COD) | Practical Law

Commercial operations date (COD) | Practical Law

Commercial operations date (COD)

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.