Examples of Contracted Energy in a sentence
If a complete Bilateral Contract Report for each Settlement Day in a Payment Period has not been received by ESB within twenty one (21) Business Days of the end of the Payment Period then ESB will calculate the Energy Charges as if the Bilateral Contract Report showed a demand in each Trading Period equal to 80% of the VIPP Suppliers Maximum Contracted Energy.
If data from the Meter Registration System Operator is either unavailable or unresolvable then ESB will calculate the Energy Charges as if the VIPP Bilateral Contract Report showed an aggregate Eligible Customer demand in each Trading Period equal to 80% of the VIPP Suppliers Maximum Contracted Energy.
Such Bilateral Contract Nomination shall not exceed the Maximum Contracted Energy, be made in accordance with the Trading and Settlement Code and identify the seller with the SSA assigned market participant ID for ESB as the Generator.
Over Notification Charge (ONC) for a Trading Period is calculated as follows: ONC = (Max(VDN – MCE, 0) * STU ) + 100.00 *Num_days Where MCE is the Maximum Contracted Energy VDN is the VIPP Supplier’s VIPP Demand Notification for that Trading Period (in MWh); STU is the relevant Secondary Top-Up appropriate to the relevant Trading Period, as published by the SSA.
The Power Marketer shall update the Contracted Energy Requirements and the Available Swing Energy, and report such updates to the Management Committee, on a monthly basis.
The Proposals must be enclosed in a sealed envelope clearly marked “SIPC2022PCEP1” – “Performance Contracted Energy Project”, addressed, and mailed or delivered to Schools of Illinois Public Cooperative at: P.O. BOX 3951; Carbondale, Illinois 62902.Respondents are responsible for actual delivery of proposals to SIPC prior to the Close Date and Time.
Upon signing the PPA with successful bidder, the Bidder shall have to sign the Wheeling & Banking agreement with AP State DISCOM and/or any other agency called for, to take the Contracted Energy from VPT, as per the terms & conditions agreed under the PPA and prevailing regulations of the AP State.
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City’s Council approved this Agreement on September 24, 2024, at a regularly scheduled meeting.
Contracted Energy* 2011 2012 2013 Aug - Dec Volume TWh 14 36 36 Base Load % Hedged 100% 75%-80% 35%-40% (Nuclear and Base Load Coal) Price $/MWh $68 $64 $63 Volume TWh 9 20 21 Intermediate Coal, Combined % Hedged 30%-35% Cycle, Peaking Price $/MWh $68 Volume TWh 23 56 57 Total % Hedged 70%-75% 45%-50% 20%-25% Price $/MWh $68 $64 $63 *Hedge percentages and prices as of July 2011 for the August 2011 and forward time frame.