Efficiency definition

Efficiency means the gas turbine manufacturer's rated heat rate at peak load in terms of heat input per unit of power output based on the lower heating value of the fuel.

Efficiency means the quotient of E/F, where E = the electricity produced by the Portfolio, measured in BTUs (British Thermal Units) at a conversion rate of 3,412 BTUs per kWh, and F = the fuel consumed by the Portfolio, measured in BTUs on a Lower Heating Value basis.

Efficiency means efficiency calculated on the basis of ‘net calorific values’ of fuels (also referred to as ‘lower calorific values’);

Examples of Efficiency in a sentence

• The Department CEO mandates the Efficiency and Effectiveness KPI targets for Annual Reporting for each HSP via the annual review of the Outcome Based Management Policy in the Outcome Based Management Policy Framework.

• Efficiency and Effectiveness KPI targets are established on a system-wide level and published in the Government Budget Statements.

• The “Efficiency Maine” name and logo are registered trademarks of Efficiency Maine Trust.

• Provider may use the Efficiency Maine logo in connection with the Project only upon the written consent of the Trust.

• If the Annual Storage Availability for any Contract Year is less than the Guaranteed Storage Availability, Seller shall pay to Buyer the Storage Availability Liquidated Damages, as calculated pursuant to Schedule 6.3. During each Contract Year of the Delivery Term, Seller shall maintain a Storage Efficiency of not less than the applicable guaranteed storage efficiency set forth on Schedule 6.3 (the “Guaranteed Storage Efficiency”).

More Definitions of Efficiency

Efficiency of an electric motor means the ratio of an electric motor’s useful power output to its total power input, expressed in percentage.

Efficiency means a program's measure of cost-benefit or cost effectiveness through a comparison to some alternative method.

Efficiency shall be defined as having the proven ability to be productive with minimum waste or effort.

Efficiency means the use of financial, human, physical and information resources such that output is maximised for any given set of resource inputs, or input is minimised for any given quantity and quality of output.

Efficiency means a measure of how economically resources or inputs (including fund, expertise and time) are converted to results;

Efficiency means equitable and accurate resource allocation, reduced transaction time, and controlled and automated administrative process of cash transfer programs.

Efficiency means the use of resources such that output is optimised for any given source inputs or input is minimised for any given quantity and quality of output.