Actual Annual Eligible Production definition

Actual Annual Eligible Production. The amount, in MWh, of the Actual Eligible Production during a full Contract Year.
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Actual Annual Eligible Production. The amount, in MWh, of the Actual Eligible Production that the Bid Facility produces during a Contract Year [Upgrade/Repowering: after completion of the Upgrade/Repowering].
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Examples of Actual Annual Eligible Production in a sentence

  • Should the Quantity Obligation of a Fuel-Based Bid Facility that established its Bid Quantity under Option 1 (Incremental Generation Above the Average Baseline) of the Provisional Certification Process fail to achieve 90% of the Bid Quantity for two (2) consecutive Contract Years, the Bid Quantity will be modified for the remainder of the Contract Delivery Term to equal the average Actual Annual Eligible Production over that two-year period multiplied by the Bid Percentage.

  • Should an Intermittent Bid Facility’s Quantity Obligation fail to achieve 80% of the Bid Quantity for three (3) consecutive Contract Years, the Bid Quantity will be modified for the remainder of the Contract Delivery Term to equal the average Actual Annual Eligible Production over that three-year period multiplied by the Bid Percentage.

  • Actual Annual Eligible Production – The amount, in MWh, of the Actual Eligible Production that the Bid Facility produces during a Contract Year.

  • Should an Intermittent Bid Facility’s Quantity Obligation fail to achieve 80% of the Bid Quantity for three (3) consecutive Contract Years, the Bid Quantity will be modified for the remainder ofthe Contract Delivery Term to equal the average Actual Annual Eligible Production over that three-year period multiplied by the Bid Percentage.

  • Should an Intermittent Bid Facility’s Quantity Obligation fail to achieve 85% of the Bid Quantity for three (3) consecutive Contract Years, NYSERDA may adjust the Bid Quantity for the remainder of the Contract Delivery Term to equal the highest Actual Annual Eligible Production during any Contract Year over that three-year period multiplied by the Bid Quantity Percentage.

  • Should Seller fail to Transfer Tier-1 Renewable Energy Certificates to the NYSERDA NYGATS Account in a number at least 80% of the Bid Quantity for three (3) consecutive Contract Years, NYSERDA may at its option upon Notice to Seller, modify this Agreement by adjusting the Bid Quantity for the remainder of the Contract Delivery Term to equal the highest Actual Annual Eligible Production during any Contract Year over that three-year period multiplied by the Bid Quantity Percentage.

  • Should a Fuel-Based Bid Facility’s Quantity Obligation fail to achieve 85% of the Bid Quantity for two (2) consecutive Contract Years, NYSERDA may adjust the Bid Quantity for the remainder of the Contract Delivery Term to equal the average Actual Annual Eligible Production of the two(2) Contract Years multiplied by the Bid Quantity Percentage.

  • Actual Annual Eligible Production: The amount, in MWh, of the Actual Eligible Production during a full Contract Year.

  • Actual Annual Eligible Production – The amount, in MWh, of the Actual Eligible Production that (a) the new Bid Facility produces during a Contract Year or (b) the Upgrade or Repowering Bid Facility produces during a Contract Year after completion of the Upgrade/Repowering.

Related to Actual Annual Eligible Production

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions. Member: