Capacity Factor. 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)).
Capacity Factor. [Use the following bracketed language for As-Available Product delivered by all facilities] [(ii)
Capacity Factor. The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy plus Deemed Delivered Energy, if any, 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 + Deemed Delivered Energy) / (Contract Capacity x (Hours in XXX Period minus Seller Excuse Hours)).] [Section 4.4 “XXX Factors and Monthly XXX Payment” below applies to As-Available Product only]
Capacity Factor. E. Collateral (as described in the RAM Protocol Agreement, under Section V.C. RAM PPA Terms and Conditions) Project Development Security (provide dollar amount) Dollar Amount: $ ______________ Cash, or Letter of Credit Delivery Term Security (provide dollar amount) Dollar Amount: $ ______________ Cash, or Letter of Credit Term Security (provide dollar amount) [Applies to GTSR Projects 3MW or less] Dollar Amount: $ ______________ Cash, or Letter of Credit
Capacity Factor. XXXX proposes to set the capacity factor at 0.4 (i.e., 40 percent) for the year in which the commercial operations begin and for the first 6 years of commercial operations on the lease. At the end of the sixth year, BOEM may adjust the capacity factor to reflect the performance over the previous 5 years based upon the actual metered electricity generation at the delivery point to the electrical grid. BOEM may make similar adjustments to the capacity factor once every 5 years thereafter.
Capacity Factor. [Use the following bracketed language for As-Available Product delivered by all Projects with Contract Capacity less than 3 MW]
Capacity Factor. The Capacity Factor shall be calculated and defined as the percentage amount resulting from Delivered Energy plus Deemed Delivered Energy, if any, per Contract Year divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable Contract Year minus Seller Excuse Hours (“Capacity Factor”): Capacity Factor = (Delivered Energy + Deemed Delivered Energy) / (Contract Capacity × (Hours in Contract Year minus Seller Excuse Hours)).
Capacity Factor. The capacity factor compares the amount of energy delivered to the grid during a period of time to the amount of energy the wind facility would have produced at full capacity. The amount of power delivered in a year will always be less than the theoretical 100% capacity, largely because of the variability of wind speeds, transmission line loss, and downtime for maintenance or other purposes. The capacity factor is expressed as a decimal between zero and one, and represents the share of anticipated generation of the wind facility that is delivered to the interconnection grid (i.e., where the lessee’s facility interconnects with the electric grid) relative to the wind facility’s generation at continuous full power operation at nameplate capacity. BOEM has set the capacity factor for the year in which commercial operations commence and the six full years thereafter at 0.4 (i.e., 40%). At the end of the sixth year, BOEM may adjust the capacity factor to reflect the performance over the previous five years based upon the actual metered electricity generation at the delivery point to the electrical grid. BOEM may make similar adjustments to the capacity factor once every five years thereafter. The maximum change in the capacity factor from one period to the next will be limited to plus or minus 10 percent of the previous period’s value.
Capacity Factor. The average capacity factor over the life of the facility is assumed to be 25 90 percent. 26 1 Heat Rate: The average annual full load heat rate is 28,500 Btu/kWh, typical of an Organic 2 Rankine Cycle (ORC) binary plant operating on 300oF geothermal fluid. 3
Capacity Factor. The average capacity factor over the life of the facility is assumed to be 2 50 percent, based on the average of the reported energy production of a sample of 15 recently 3 developed and proposed hydropower plants in the WECC (49.4 percent), rounded to 50 percent. 4
