Annual Expected Energy Quantity definition

Annual Expected Energy Quantity means, for any Contract Year, the amount (in MWh) for such Contract Year set forth in Schedule 1.1.1, subject to adjustment according to Section 3.9; provided, however, that, if such Contract Year has less than three hundred and sixty-five (365) Days, such amount shall be multiplied by a fraction, the numerator of which is the number of Days in such Contract Year and the denominator of which is three hundred and sixty-five (365).

Examples of Annual Expected Energy Quantity in a sentence

  • Upon such payment, (x) the resizing of the Expected Capacity according to Section 3.8 shall become effective and (y) the Annual Expected Energy Quantity and Annual Guaranteed Energy Quantity shall be deemed adjusted to the P50 Quantity and the P90 Quantity, respectively, corresponding to the Final Capacity, as determined (subject to audit and 33 NTD: Amount to be calculated by multiplying the Expected Capacity by $500/MW.

Related to Annual Expected Energy Quantity

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • Energy year or "EY" means the 12-month period from June 1st

  • 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.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Basic gas supply service means gas supply service that is