Deficient Energy definition

Deficient Energy has the meaning as specified in Section 10.1.
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Examples of Deficient Energy in a sentence

  • If the kWh of energy actually delivered to the Delivery Point by Seller to TVA under this Agreement (“Actual Supply”) is not sufficient to meet the Annual Supply Guarantee for the Delivery Period in question (such shortfall being referred to herein as “Deficient Energy”), Seller shall pay liquidated damages to TVA with respect to such Annual Supply Guarantee: (i) with respect to Deficient Energy, and (ii) with respect to RECs associated with the amount of the Deficient Energy, if applicable.

  • DEA (Deficient Energy Amount) = (ACSPP - CP) Where: [ACSPP]1 = The average of the CSPP hourly prices for each and every hour during the Delivery Period in question, as expressed in ¢/kWh CP = Contract Price, as expressed in ¢/kWh Provided, however, that if the calculation of DEA above yields a negative number with respect to a Delivery Period, DEA shall be deemed to be zero (0) in the formula above for calculating “LD” for said Delivery Period.

  • Notwithstanding any of the foregoing regarding the calculation of LDs for Deficient Energy, if Seller fails to deliver all or part of the Supply Guarantee as referenced above within any particular Delivery Period and if a RES has been enacted and is in effect with regard to that Delivery Period, Seller shall transfer to TVA, at no cost to TVA, the corresponding amount of RECs, regardless of whether Seller owes a LD payment to TVA under the provisions above in this Exhibit C.

Related to Deficient Energy

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Water Service Connection (lateral) shall mean the pipes and fixtures used for the purpose of supplying any premises in the Municipality with water from the Corporation’s water distribution system that is located between the Corporation’s water main in the street and the street property line abutting the premises so supplied.

  • 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;

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Net Energy The total quantity of electric energy (measured in kilowatt hours) produced by the Facility over a given time period and delivered to the Point of Interconnection, as measured by the revenue meter. "Net Energy" the equivalent of "Actual Output."

  • Deficiency means a defect, flaw, anomaly, failure, omission, interruption of service, or other problem of any nature whatsoever with respect to a Deliverable, including, without limitation, any failure of a Deliverable to conform to or meet an applicable specification. Deficiency also includes the lack of something essential or necessary for completeness or proper functioning of a Deliverable.

  • PJM Interconnection, L.L.C. or "PJM" means the privately-

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Water treatment plant means that portion of the water supply system which in some way alters the physical, chemical, or bacteriological quality of the water.

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

  • 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.

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

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.