Common use of Calculation of CERTAIN METRICS Clause in Contracts

Calculation of CERTAIN METRICS. [DRAFTING NOTE: THE PERFORMANCE METRICS SET FORTH IN SECTIONS 1 AND 2 OF THIS ATTACHMENT ARE STILL UNDER COMPANY REVIEW AND ARE SUBJECT TO MODIFICATION.] Modified Pooled OMC Equipment Availability Factor ("MPXEEAF"). NERC formula Modified Pooled OMC Equipment Equivalent Availability Factor (MPXEEAF) Modifications made to the NERC formula are: Deleted impact due to DeratedHrs. Derations will be assessed using the Performance Index metric. Where: Active Turbine Hours (ACTH) is the sum of all turbine-hours that the turbines are in an active state. See Exhibit Q.1 Contact Turbine Hours (CTH) is the sum of all turbine‐hours that the turbines are synchronized to the system. It is the turbine‐hours that the contactors are closed and generation is connected to the grid. The term is similar to service hours used in conventional generation. Forced Turbine Hours (FTH) is the sum of all turbine-hours that that the turbine is off-line due to forced events. FTH are all forced events where the WTG must be removed from service for repairs before the next Sunday at 23:59 (just before Sunday becomes Monday).

Appears in 9 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.