Contract Capacity Factor definition

Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System. The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. Notwithstanding the foregoing, the Contract Capacity Factor may be amended pursuant to Section 4.2(f).
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Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System. The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. Notwithstanding the foregoing, the Contract Capacity Factor may be amended pursuant to Section 4.2(f). 1. 271.22 “Contract Nameplate Capacity” means, with respect to a Designated System that has been Energized, the Nameplate Capacity as indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System, and as may be amended pursuant to Section 6(f) of the Cover Sheet.
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Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System, and as may be amended pursuant to Section 4.2(f). The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor.
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Examples of Contract Capacity Factor in a sentence

  • For example, for a 1 MW AC project with a Year-1 Contract Capacity Factor of 17.003879%, for Delivery Year 2021-2022, the Delivery Year Expected REC Quantity of 1,489 RECs is obtained by multiplying (a) 1 MW AC and (b) 17.003879% and (c) 8,760 hours rounding down to the nearest whole REC.

  • The Year-1 Contract Capacity Factor shall be equal to the result obtained by dividing the Contract Capacity Factor by 0.9539.

  • The Delivery Year Expected REC Quantity for the first (1st) Delivery Year is the multiplicative product of (a) the Contract Nameplate Capacity (MW), (b) the Year-1 Contract Capacity Factor, and (c) 8,760 hours, which result shall be rounded down to the nearest whole REC.


More Definitions of Contract Capacity Factor

Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System. The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. Notwithstanding the foregoing, the Contract Capacity Factor may be amended pursuant to Section 4.2(f)“Confirmation” means a Product Order confirming an oral Transaction.
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Related to Contract Capacity Factor

  • Quality factor (Q) means the modifying factor, listed in Tables I and II of 38.4(4), that is used to derive dose equivalent from absorbed dose.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.