Annual Net Energy Amount Clause Samples
The "Annual Net Energy Amount" clause defines the total quantity of energy that is expected to be delivered or received over a one-year period under an energy supply agreement. This amount is typically specified in units such as megawatt-hours and serves as a benchmark for measuring performance and compliance by both parties. By establishing a clear annual target, the clause helps ensure predictability in energy supply and demand, facilitates accurate billing, and provides a basis for addressing shortfalls or surpluses, thereby reducing disputes and clarifying obligations.
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Annual Net Energy Amount. For each Contract Year, Seller intends to produce and deliver to NorthWestern 76,056 MWh of Energy annually (“ANEA”). The ANEA shall be reduced pro rata to reflect those hours during the Contract Year when Seller was prevented from delivering Energy by: (i) an event of Force Majeure; (ii) a curtailment required by NorthWestern, (iii) curtailments ordered by the Transmission Provider under the GIA; or (iv) a curtailment pursuant to an Emergency Condition on the NorthWestern System or Transmission Provider’s System; provided that in all instances the event or cause of Seller's inability to produce Energy does not arise from an act or omission of Seller. For purposes of determining the actual Energy delivered during a Contract Year, any Compensated Curtailment for the Contract Year shall be included as if it were actual Energy delivered by Seller.
Annual Net Energy Amount. Seller intends to produce and deliver Net Energy in the following annual amount:
6.2.1 Annual Net Energy Amount: kWh
Annual Net Energy Amount. Seller intends to produce and Transmitting Entity shall deliver Net Energy in the following annual amount: