Compensable Curtailment definition

Compensable Curtailment means Net Output that is curtailed during the Term other than as a result of Non-Compensable Curtailment, including curtailment due to or arising out of any scheduling, bidding or other market activities by PacifiCorp (acting in its merchant function capacity).
Compensable Curtailment means Net Output that is curtailed for economic reasons by PacifiCorp (acting in its merchant function capacity) or that PacifiCorp otherwise refuses to take for economic reasons during the Term and that is not Non-Compensable Curtailment.
Compensable Curtailment means a curtailment of generation or delivery of Renewable Energy following COD arising out of the following (and only the following):

Examples of Compensable Curtailment in a sentence

  • Starting on the Commercial Operation Date, Buyer shall pay Seller for any Deemed Delivered Energy from a Compensable Curtailment in accordance with Appendix A, Section 3; provided that the PTC Amount shall not be payable under Appendix A, Section 4 for Excess Energy.

  • During the Test Energy period prior to the Commercial Operation Date, Buyer shall pay Seller for any Deemed Delivered Energy from a Compensable Curtailment in accordance with Appendix A, Section 5.


More Definitions of Compensable Curtailment

Compensable Curtailment and “Compensable Curtailment Energy” shall have the meanings set forth in Section 8.3(B).
Compensable Curtailment means any curtailment of (i) PV Delivered Energy, (ii) PV System Energy or (iii) XXXX Metered Output that results in curtailment of PV System Energy due to (a) Buyer’s failure to schedule PV System Energy available for scheduling hereunder, except during any Curtailment Period and unless excused by Seller’s failure to perform or Seller’s Default, (b) the manner in which Buyer or the Scheduling Coordinator causes the Delivered Energy, XXXX Metered Output or PV System Energy to be (or not to be) bid, offered or Scheduled into CAISO, including as a result of Buyer or the Scheduling Coordinator Scheduling XXXX Metered Output in a manner that gives rise to a curtailment of PV System Energy or PV Delivered Energy, or (c) a request by Buyer to curtail PV Delivered Energy for any economic, preferential or discretionary reasons, which in any of the foregoing cases (a) – (c) shall be paid by Buyer at the applicable Contract Price.
Compensable Curtailment shall have the meaning set forth in (a)
Compensable Curtailment means a curtailment of generation or delivery of Renewable Energy following COD arising out of the following (and only the following): i. a curtailment of the Facility by Company under Section 8.3(A); i. Company’s scheduling and other market participation activities, including any energy offer made by Company with respect to the Facility, economic curtailments and curtailments caused by negative LMP; ii. an election by Company to utilize non-firm transmission service to transmit Renewable Energy from the Point of Delivery to its load, and such non-firm transmission service is restricted or reduced by the applicable transmission service provider, except as provided in paragraph 2(iii) below; or
Compensable Curtailment shall have the meaning set forth in Article 7.2(C). “Compensable Curtailment Energy” shall have the meaning set forth in Article 7.2(B)2. “Confidential Information” shall have the meaning set forth in Article 19.18(A).
Compensable Curtailment shall have the meaning set forth in Section 8.2(a)
Compensable Curtailment means any curtailment due to a Buyer Bid Curtailment, a Buyer Curtailment Order, or a Buyer Default hereunder which directly causes Seller to be unable to deliver Facility Energy to the Delivery Point.