Guaranteed Ramp Rate. Seller guarantees a minimum response rate of xxx percent (xx% Seller to insert percentage) of the Contract capacity per minute (“Guaranteed Ramp Rate”). The Ramp Rate test will be conducted in accordance with the procedure described below. In the event that the Project fails to achieve the Guaranteed Ramp Rate, the Seller shall promptly place the Project in a Forced Outage and resolve any issues such that the Project can successfully achieve the Guaranteed Ramp Rate. The period of Forced Outage shall be reflected in the Availability Adjustment for Monthly Capacity Payment (Appendix 6). i. Pre-charging Storage Facility prior to Ramp Rate test. To commence a Ramp Rate test the Project must be charged to no more or less than 50% SOC. ii. Buyer shall issue a Dispatch request to increase Project output from zero (0) MW to the full Contract Capacity. iii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5). iv. The resulting number shall be recorded as the test Ramp Up Rate. v. Ramp Up Rate shall be tested four (4) times within an hour as part of the Ramp Rate test with the average of the three highest results serving as the recorded Ramp Up Rate for the test which must conform to the Regulation Up Ramp rate (MW/min) set forth in Appendix 9: OPERATING LIMITS. vi. INITIATING STORAGE RAMP DOWN (CHARGING) RATE TEST. Within one hour of the Ramp Up test, Buyer shall issue a Dispatch request to charge the Storage Facility at the maximum rated power per APPENDIX 9: OPERATING LIMITS. vii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5). viii. The resulting number shall be recorded as the test Ramp Down Rate and must match the Regulation Down Ramp Rate (MW/min) set forth in Appendix 9: OPERATING LIMITS. Ramp Down Rate shall be tested four (4) times within an hour as part of the Storage Rating Test with the average of the three lowest results serving as the recorded Ramp Down Rate for the Project. [Remainder of page intentionally blank] [SELLER TO PROVIDE DETAILS] Commencing with the Effective Date and at all times throughout the Term of this Agreement except as expressly provided below, Seller shall, at its own cost, maintain and cause to be maintained the types and amounts of insurance set forth below. Such insurance shall be placed with responsible and reputable insurance companies (i) which have an A.M. Best rating of at least “A” or (ii) an S&P rating of A or better, or which are reasonably acceptable to Buyer. Seller shall give Buyer prompt notice of any material alteration to any of such insurance coverages or cancellations of such coverages, but in no event later than thirty (30) Business Days after it learns of such material alteration.
Appears in 1 contract
Samples: Build Own Operate Transfer Agreement
Guaranteed Ramp Rate. Seller guarantees a minimum response rate of xxx percent (xx% Seller to insert percentage) of the Contract capacity per minute (“Guaranteed Ramp Rate”). The Ramp Rate test will be conducted in accordance with the procedure described below. In the event that the Project fails to achieve the Guaranteed Ramp Rate, the Seller shall promptly place the Project in a Forced Outage and resolve any issues such that the Project can successfully achieve the Guaranteed Ramp Rate. The period of Forced Outage shall be reflected in the Availability Adjustment for Monthly Capacity Payment (Appendix 6).
i. Pre-charging Storage Facility prior to Ramp Rate test. To commence a Ramp Rate test the Project must be charged to no more or less than 50% SOC.
ii. Buyer shall issue a Dispatch request to increase Project output from zero (0) MW to the full Contract Capacity.
iii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5).
iv. The resulting number shall be recorded as the test Ramp Up Rate.
v. Ramp Up Rate shall be tested four (4) times within an hour as part of the Ramp Rate test with the average of the three highest results serving as the recorded Ramp Up Rate for the test which must conform to the Regulation Up Ramp rate (MW/min) set forth in Appendix 9: OPERATING LIMITS.
vi. INITIATING STORAGE RAMP DOWN (CHARGING) RATE TEST. Within one hour of the Ramp Up test, Buyer shall issue a Dispatch request to charge the Storage Facility at the maximum rated power per APPENDIX 9: OPERATING LIMITS.
vii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5).
viii. The resulting number shall be recorded as the test Ramp Down Rate and must match the Regulation Down Ramp Rate (MW/min) set forth in Appendix 9: OPERATING LIMITS. Ramp Down Rate shall be tested four (4) times within an hour as part of the Storage Rating Test with the average of the three lowest results serving as the recorded Ramp Down Rate for the Project. [Remainder of page intentionally blank] [SELLER TO PROVIDE DETAILS] Commencing with the Effective Date and at all times throughout the Term of this Agreement except as expressly provided below, Seller shall, at its own cost, maintain and cause to be maintained the types and amounts of insurance set forth belowINSERT SAMPLE MONTHLY INVOICE]
1. Such insurance shall be placed with responsible and reputable insurance companies (i) which have an A.M. Best rating of at least “A” or (ii) an S&P rating of A or better, or which are reasonably acceptable to BuyerOperating Limits
2. Seller shall give Buyer prompt notice of any material alteration to any of such insurance coverages or cancellations of such coverages, but in no event later than thirty (30) Business Days after it learns of such material alteration.Planned Outages Schedule
Appears in 1 contract
Samples: Bulk Energy Storage Build Own Operate Transfer Agreement
Guaranteed Ramp Rate. Seller guarantees a minimum response rate of xxx percent (xx% Seller to insert percentage) of the Contract capacity per minute (“Guaranteed Ramp Rate”). The Ramp Rate test will be conducted in accordance with the procedure described below. In the event that the Project fails to achieve the Guaranteed Ramp Rate, the Seller shall promptly place the Project in a Forced Outage and resolve any issues such that the Project can successfully achieve the Guaranteed Ramp Rate. The period of Forced Outage shall be reflected in the Availability Adjustment for Monthly Capacity Payment (Appendix 6).
i. Pre-charging Storage Facility prior to Ramp Rate test. To commence a Ramp Rate test the Project must be charged to no more or less than 50% SOC.
ii. Buyer shall issue a Dispatch request to increase Project output from zero (0) MW to the full Contract Capacity.
iii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5).
iv. The resulting number shall be recorded as the test Ramp Up Rate.
v. Ramp Up Rate shall be tested four (4) times within an hour as part of the Ramp Rate test with the average of the three highest results serving as the recorded Ramp Up Rate for the test which must conform to the Regulation Up Ramp rate (MW/min) set forth in Appendix 9: OPERATING LIMITS.
vi. INITIATING STORAGE RAMP DOWN (CHARGING) RATE TEST. Within one hour of the Ramp Up test, Buyer shall issue a Dispatch request to charge the Storage Facility at the maximum rated power per APPENDIX 9: OPERATING LIMITS.
vii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5).
viii. The resulting number shall be recorded as the test Ramp Down Rate and must match the Regulation Down Ramp Rate (MW/min) set forth in Appendix 9: OPERATING LIMITS. Ramp Down Rate shall be tested four (4) times within an hour as part of the Storage Rating Test with the average of the three lowest results serving as the recorded Ramp Down Rate for the Project. [Remainder SELLER TO INSERT SAMPLE MONTHLY INVOICE] [remainder of page intentionally blank] [SELLER TO PROVIDE DETAILS] Commencing with the Effective Date and at all times throughout the Term of this Agreement except as expressly provided below, Seller shall, at its own cost, maintain and cause to be maintained the types and amounts of insurance set forth below]
1. Such insurance shall be placed with responsible and reputable insurance companies (i) which have an A.M. Best rating of at least “A” or (ii) an S&P rating of A or better, or which are reasonably acceptable to BuyerOperating Limits
2. Seller shall give Buyer prompt notice of any material alteration to any of such insurance coverages or cancellations of such coverages, but in no event later than thirty (30) Business Days after it learns of such material alteration.Planned Outages Schedule
Appears in 1 contract
Samples: Build Own Operate Transfer Agreement
Guaranteed Ramp Rate. Seller guarantees a minimum response rate of xxx percent (xx% Seller to insert percentage) of the Contract capacity per minute (“Guaranteed Ramp Rate”). The Ramp Rate test will be conducted in accordance with the procedure described below. In the event that the Project fails to achieve the Guaranteed Ramp Rate, the Seller shall promptly place the Project in a Forced Outage and resolve any issues such that the Project can successfully achieve the Guaranteed Ramp Rate. The period of Forced Outage shall be reflected in the Availability Adjustment for Monthly Capacity Payment (Appendix 6).
i. Pre-charging Storage Facility prior to Ramp Rate test. To commence a Ramp Rate test the Project must be charged to no more or less than 50% SOC.
ii. Buyer shall issue a Dispatch request to increase Project output from zero (0) MW to the full Contract Capacity.
iii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5).
iv. The resulting number shall be recorded as the test Ramp Up Rate.
v. Ramp Up Rate shall be tested four (4) times within an hour as part of the Ramp Rate test with the average of the three highest results serving as the recorded Ramp Up Rate for the test which must conform to the Regulation Up Ramp rate (MW/min) set forth in Appendix 9: OPERATING LIMITS.
vi. INITIATING STORAGE RAMP DOWN (CHARGING) RATE TEST. Within one hour of the Ramp Up test, Buyer shall issue a Dispatch request to charge the Storage Facility at the maximum rated power per APPENDIX 9: OPERATING LIMITS.
vii. Each minute following the Dispatch request, a meter reading of power (as measured in MW AC) shall be taken at the Delivery Point. After five (5) minutes, the corresponding five (5) distinct meter readings will be summed and then divided by five (5).
viii. The resulting number shall be recorded as the test Ramp Down Rate and must match the Regulation Down Ramp Rate (MW/min) set forth in Appendix 9: OPERATING LIMITS. Ramp Down Rate shall be tested four (4) times within an hour as part of the Storage Rating Test with the average of the three lowest results serving as the recorded Ramp Down Rate for the Project. [Remainder remainderRemainder of page intentionally blank] [SELLER TO PROVIDE DETAILS] Commencing with the Effective Date and at all times throughout the Term of this Agreement except as expressly provided below, Seller shall, at its own cost, maintain and cause to be maintained the types and amounts of insurance set forth below. Such insurance shall be placed with responsible and reputable insurance companies (i) which have an A.M. Best rating of at least “A” or (ii) an S&P rating of A or better, or which are reasonably acceptable to Buyer. Seller shall give Buyer prompt notice of any material alteration to any of such insurance coverages or cancellations of such coverages, but in no event later than thirty (30) Business Days after it learns of such material alterationalteratio1alteration.
Appears in 1 contract
Samples: Build Own Operate Transfer Agreement