Examples of Curtailment Energy in a sentence
Seller must promptly provide PacifiCorp with access to such information and data as PacifiCorp may reasonably request to confirm to its reasonable satisfaction the amount of any Non-Compensable Curtailment Energy or Compensable Curtailment Energy.
If, during the period beginning on the later of (i) the Commercial Operation Date or (ii) the Scheduled Commercial Operation Date and thereafter during the Term, Net Output is curtailed by PacifiCorp and such curtailment is not included as a Non-Compensable Curtailment (“Compensable Curtailment Energy”), then PacifiCorp shall pay to Seller the Compensable Curtailment Price for the Compensable Curtailment Energy, as determined below.
Compensable Curtailment Energy shall equal the number of MWh represented by the Potential Net Output less the Net Output actually delivered to the Point of Delivery.
PacifiCorp shall pay Seller for Compensable Curtailment Energy as set forth in Section 5.1.3.
Any disputes between the Parties with respect to the amount or calculation of Compensable Curtailment Energy or Non-Compensable Curtailment Energy will be resolved in accordance with Section 24.
PacifiCorp will pay Seller the Contract Price for each MWh of Compensable Curtailment Energy, net of any Non-Compensable Curtailments (the “Compensable Curtailment Price”).
For the period beginning on the Commercial Operation Date and thereafter during the Term, PacifiCorp will pay to Seller: (a) the Contract Price per MWh of Net Output delivered at the Point of Delivery and the Storage Facility Metering Point; (b) the Compensable Curtailment Price per MWh of Compensable Curtailment Energy; and (c) the Storage Price per MW of the Storage Capacity Rating.
Seller shall credit Company, as a reduction to Seller’s monthly invoice or other mutually agreed mechanism, for any compensation that Seller receives for Generation Benefits or Ancillary Services; provided, however, that any curtailment of Energy from the Facility requested or required by Company necessary to provide Company all Generation Benefits and Ancillary Services hereunder shall represent Compensable Curtailment Energy in accordance with Section 8.2.
Seller shall be entitled to no Compensable Curtailment Energy payment prior to the COD in connection with Test Energy.
No later than ten (10) Business Days after the end of each month, Seller shall provide to Company a billing invoice showing the payment amount due Seller by Company for the power provided by Seller and purchased by Company, under this PPA, and any compensable Curtailment Energy during the previous calendar month billing period.