Contract Storage Capacity definition

Contract Storage Capacity means [Project Size] MWAC.
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Examples of Contract Storage Capacity in a sentence

  • An Outage Notice provided by either Party shall contain information regarding the nature of the event, the beginning date and time of the event, the expected end date and time of such event, and the expected available Contract Storage Capacity, if any, that would be available at the Storage Facility Point of Delivery during such event.

  • The charge or discharge setpoints should be assumed to be constant at up to the full then available Contract Storage Capacity with expected depths of charge/discharge to 100%.

  • The Storage Facility shall be capable of both positive (supplying) and negative (absorbing) MW setpoints, which may be of any magnitude up to 100% of the Storage Facility’s then available Contract Storage Capacity.

  • An Outage Notice provided by either Party shall contain information regarding the nature of the event, the beginning date and time of the event, the expected end date and time of such event, and the expected available Contract Storage Capacity, if any, that would be available at the Point of Delivery during such event.

  • Seller will promptly provide written notice to Buyer of any Loss Event, specifying in reasonable detail its cause, any Contract Storage Capacity affected thereby, the steps Seller plans to take to repair and restore the Project and the time required to complete such repair and restoration.

  • When ramp-down and stop is received, within two seconds the Storage Facility will ramp down at a rate specified by the System Control Center until the MW output is less than or equal to 10% of its then available Contract Storage Capacity at which point it will cease to discharge and go to standby mode.

  • If during such ninety (90) day period, Seller elects to restore the portion of Contract Storage Capacity affected by the Loss Event, then Seller will be afforded a period of one hundred (180) days following the occurrence of the Loss Event in which to complete such restoration before the Section 9.1(b)(i) buy- down is required.

  • Seller may not modify the Project design as set forth in Exhibit A unless such modification could not reasonably be expected to (x) have a material and adverse effect on either Party’s ability to perform its obligations under this Agreement; (y) materially move the Project’s location or the‌ Interconnection Point; or (z) materially affect the Guaranteed Contract Storage Capacity, the Guaranteed Round-Trip Efficiency, or the Guaranteed Availability during each Contract Year.

  • When ramp-down and stop is received, within two seconds the Project will ramp down at the rate specified by the System Control Center until the MW output is less than or equal to 10% of its then available Contract Storage Capacity at which point it will cease to discharge and go to Standby Mode.

  • If the Storage Facility has Actual Availability in a Contract Year less than the Guaranteed Availability, then Seller shall pay Buyer liquidated damages in the amount equal to the product of (a) the positive difference between the Guaranteed Availability and the Actual Availability, multiplied by (b) the Contract Storage Capacity during the Contract Year, multiplied by (c) the Contract Price (adjusted to $/MW/month), multiplied by (d) twelve (12) months (the “Guaranteed Availability Adjustment”).

Related to Contract Storage Capacity

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • 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.

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • 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.

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement.

  • Local Capacity Area has the meaning set forth in the CAISO Tariff.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • Storage Contract means the contract described in paragraph 8.3.3 of the Conditions of Business or paragraph

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.