Availability Factor definition

Availability Factor or “AFm” has the meaning set forth in Section 6.2(c).

Availability Factor means, for any Settlement Interval, the ratio, equal to (i) the lowest capacity in MW provided by the Storage Facility during such Settlement Interval (not to exceed the Storage Contract Capacity) divided by (ii) the Storage Contract Capacity; provided that, if the Availability Factor for any Settlement Interval is less than 70%, then the Availability Factor for such Settlement Interval shall be deemed to be 0; and provided further that, if the Storage Facility is incapable of providing the Storage Contract Capacity during such Settlement Interval due to Force Majeure or a Planned Outage, then the Availability Factor for such Settlement Interval shall be deemed to be 1.00.

Availability Factor for any applicable Service shall have the meaning set forth in the Product Supplement for such Service.

Examples of Availability Factor in a sentence

• Gas Segment Oakland Performance Snapshot Year Capacity Factor In-Market Availability Equivalent Availability Factor 2009 1% * 96% 2010 1% * 98% 2011 0% * 99% UNIT 1 UNIT 2 UNIT 3 Capacity (MW) 55 55 55 Heat Rate (MMBtu/kWh) 14,155 14,155 14,155 Commercial Operation 1978 1978 1978 Turbine Manufacturer Pratt Pratt Pratt Transmission Voltage (kV) 115 115 115 ISO Zone NP15 NP15 NP15 Fuel Fuel # 2 Fuel # 2 Fuel # 2 Fuel Delivery Kinder-Morgan Pipeline Plant Characteristics...

• If in any subsequent Peak Availability Measurement Period the Peak Availability Factor is less than the Peak Availability Target, Shell shall pay to Gulf Power a Peak Availability Payment for such Peak Availability Measurement Period calculated according to Section 2 of Exhibit 8.7 at the times set forth in Sections 8.7(b) and 8.7(c).

• The Net Capacity values, required under Section 4.21 and to be used in the administration of the Availability Factor in Section 15.5.2.1, shall be: NET CAPACITY IN KILOWATTS FOR TWO UNITS AT VARIOUS AMBIENT TEMPERATURES TEMP These values shall be reduced by fifty percent (50%) during scheduled maintenance on one unit and shall be reduced to zero (0) during scheduled maintenance on both units of the Project.

• TABLE 6-2B COMMERCIAL BID EVALUATION FORM Guaranteed NRW Reduction Option Plant Production Rate, IGPD 5,000,000 Availability Factor 1.0000 Annual Prod.

• If the First Contract Year Peak Availability Factor is less than the Peak Availability Target, the Peak Availability Payment will be calculated according to Section 2 of Exhibit 8.7, using the First Contract Year information and the First Contract Year Peak Availability Factor, Shell shall pay to Gulf Power such Peak Availability Payment.

More Definitions of Availability Factor

Availability Factor means the ratio of the Cumulative Average Availability and the Normative Plant Load Factor

Availability Factor has the meaning set forth in Appendix XIV. [For Dispatchable Product only]

Availability Factor means, for any Settlement Interval, the ratio, equal to (i) the average available capacity during such Settlement Interval (not to exceed the Contract Storage Capacity) divided by (ii) the Contract Storage Capacity; provided that, if the Storage Facility is incapable of providing the Contract Storage Capacity during such Settlement Interval due to Seller Excused Hour, then the Availability Factor for such Settlement Interval shall be deemed to be 1.00.

Availability Factor. For each LD Period, the availability factor for the Facility calculated as provided in Section 2.5(a) (Calculation of Availability Factor) of this Agreement.

Availability Factor means the ratio of the time a generating facility is available to produce energy at its rated capacity, to the total amount of time in the period being measured.

Availability Factor or “AF” means, for a given Billing Period, the hours during which the Facility was available for operation divided by the total hours during such given Billing Period, expressed as a three-place decimal, as computed in accordance with the following equation: n PH − ∑ EDHi AF = i=1 PH where:

Availability Factor means the percentage of hours a power generation unit is available for generation of electricity in the relevant period, whether or not the unit is actually dispatched or used for generating power;