Cost of Energy definition

Cost of Energy shall have the meaning set forth in Schedule 5.1.
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Cost of Energy means all expenses incurred by Landlord (and not paid by Tenant directly to the provider as contemplated by Section 10) in the operation and maintenance of the Premises for electricity (including any surcharges imposed), gas or other energy fuels and heat sources;
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Examples of Cost of Energy in a sentence

  • In the case of ISO-NE as the delivering Party, the Cost of Energy shall be the ISO-NE final real-time integrated hourly Locational Marginal Price (“LMP”) at the external node associated with the Delivery Point (as used in the New England market system for energy exports from the New England Balancing Authority Area into the NYISO Balancing Authority Area, as such pricing node is defined in the ISO-NE Tariff and as summarized in Table 1), for the hour of the Emergency Energy delivery.

  • In addition, any generator that is dispatched by ISO for the purpose of providing voltage support to the New England Transmission System shall be eligible to recover its Lost Opportunity Costs (“LOC”), Cost of Energy Consumed (“CEC”), and Cost of Energy Produced (“CEP”) pursuant to Sections IV.B-D of this Schedule 2.

  • If the sum of the monthly Invoiced Replacement costs of Energy is greater than the Adjusted Replacement Cost of Energy, Buyer shall pay the difference to Seller.

  • If the Adjusted Replacement Cost of Energy is greater than the sum of the monthly Invoiced Replacement Costs of Energy from Buyer's Invoices for the Contract Year, Supplier shall pay the difference to Buyer.

  • If the amount so obtained is less than the sum of the monthly Gross Replacement Costs of Energy from Buyer's Invoices for the Contract Year, the Adjusted Replacement Cost of Energy for the Contract Year shall be the sum of the monthly Gross Replacement Costs of Energy less the amount obtained in accordance with the first sentence of this Section 7.5.1(c).

  • If the amount so obtained is greater than the sum of the monthly Gross Replacement Costs of Energy from Buyer's Invoices for the Contract Year, the Adjusted Replacement Cost of Energy for the Contract Year shall be zero.

  • The rate for Energy received by a receiving Company from specified unit(s) shall be the Variable Cost of Energy produced from each specified unit(s) plus ten (10) percent of such costs or three (3) xxxxx per kilowatt-hour, whichever is less.

  • Avoided Cost of Energy: The embedded purchased cost portion of the cooperative’s retail energy rate under which the member is billed plus the Power Cost Recovery Factor (PCRF) applicable for the month.

  • However, the Market Monitor recommends 392 First Transmittal at 59 (citing Lazard’s Levelized Cost of Energy Analysis – Version 11.0, Lazard (November 2017) https://www.lazard.com/media/450337/lazard- levelized-cost-of-energy-version-110.pdf).

  • Cost of transmission to a delivery point shall be included in the Cost of Energy.

Related to Cost of Energy

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Fuel means any solid, liquid or gaseous combustible material;

  • Biomass means the biodegradable fraction of products, waste and residues from biological origin from agriculture (including vegetal and animal substances), forestry and related industries including fisheries and aquaculture, as well as the biodegradable fraction of industrial and municipal waste;

  • Renewable energy project means (A) a project

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Renewable fuel means a fuel that is derived from Eligible Energy Resources. This term does not include a fossil fuel or a waste product from a fossil fuel source.

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • kWh means kilowatt-hour.

  • MWh means megawatt-hour.

  • Spent nuclear fuel means fuel that has been withdrawn from a nuclear re- actor following irradiation, the con- stituent elements of which have not been separated by reprocessing.

  • Combustion turbine means an enclosed fossil or other fuel-fired device that is comprised of a compressor, a combustor, and a turbine, and in which the flue gas resulting from the combustion of fuel in the combustor passes through the turbine, rotating the turbine.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • CO2 means carbon dioxide.

  • Electricity means Active Energy and Reactive Energy.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • energy storage means, in the electricity system, deferring the final use of electricity to a moment later than when it was generated, or the conversion of electrical energy into a form of energy which can be stored, the storing of such energy, and the subsequent reconversion of such energy into electrical energy or use as another energy carrier;

  • kW means kilowatt.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.