Capacity factor definition

Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

Capacity factor has the meaning set forth in Section 4.3.

Capacity factor means, with respect to a Designated System, the factor indicated as such in Schedule B of the Product Order that includes the Designated System; where such factor is the percentage factor used for the calculation of REC production approved by the IPA or its designee under the ABP.” The following is added as Section 1.15.1:

Examples of Capacity factor in a sentence

• For Seller selling Baseload Product, Seller shall be excused from achieving the Guaranteed Energy Production and the Capacity Factor only for the applicable time period during Seller Excuse Hours.

• The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy in the applicable XXX Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable XXX Period minus Seller Excuse Hours in the applicable XXX Period (“Capacity Factor”): Capacity Factor = Delivered Energy / (Contract Capacity x (Hours in XXX Period minus Seller Excuse Hours)).

• The Lessor also reserves the right to audit the meter data upon which the Actual 5-year Average Capacity Factor is based at any time during the lease term.

• Seller shall be excused from achieving the Guaranteed Energy Production [and the Capacity Factor] [As-Available Offers: delete bracketed language] for the applicable time period during Seller Excuse Hours.

• Thereafter, by [Date to be agreed] of each Year, the Company shall submit to JPS its desired schedule of Scheduled Outage periods for the following Year, such schedules to incorporate the corresponding Annual Projected Capacity Factor provided by JPS and details of the Unit outage start and end dates and times.

More Definitions of Capacity factor

Capacity factor below applies to Baseload Product only]

Capacity factor means the amount of energy that an electricity generating facility actually generates compared to its maximum rated output over a given period of time, usually one year.

Capacity factor means either the ratio of gross actual output to the gross rated output or the ratio of actual heat input to potential heat input for the calendar year, expressed as a percentage.

Capacity factor means a fraction, the numerator of which is average four-year

Capacity factor means the ratio of the actual output generated by a facility for a period of time, to the output that could be produced at the nameplate generating capacity of that facility.

Capacity factor means, for any Contract Year, the percentage amount resulting from the Delivered Energy in such Contract Year divided by the product resulting from multiplying the Contract Capacity times the number of hours in that Contract Year. For the avoidance of doubt, when determining Capacity Factor for Contract Quantity in lieu of Delivered Energy under this Agreement, “Capacity Factor” means, for any Contract Year, the percentage amount resulting from the Contract Quantity in such Contract Year divided by the product resulting from multiplying the Contract Capacity times the number of hours in such Contract Year.

Capacity factor means the anticipated actual annual output of an electric generating facility expressed as a percentage of the facility’s potential output. For purposes of this subchapter, the public service commission may review the capacity factor of an electric generating facility at any time.