Energy Quantity definition

Energy Quantity means the monthly estimation of megawatt hours for any applicable Service Term(s). The values of the Energy Quantity are provided in Table 1 to the applicable Service Attachment(s), Market Exposure Calculation.

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Energy Quantity means the amount of energy E contained in a certain NATURAL GAS VOLUME and expressed in kWh.

Energy Quantity shall have the following meaning:

Examples of Energy Quantity in a sentence

• Seller acknowledges and agrees that the amount of the Annual Guaranteed Energy Quantity, Minimum Two Consecutive Contract Year Energy Quantity and Minimum Three Contract Year Energy Quantity shall not act as a cap on or otherwise affect Seller’s estimation of the amount of forecasted Delivered Energy at any time.

• Seller shall sell and deliver, and PGE shall buy and receive, the Delivered Energy Quantity delivered pursuant to this Agreement, up to the Net Available Capacity.

• If Seller, after the Effective Date, increases (i) the Facility’s ability to deliver Facility Output, (ii) Nameplate Capacity, or (iii) Net Available Capacity through any means, including but not limited to replacement or modification of equipment or related infrastructure, such increased output or capacity shall not be considered Delivered Energy Quantity.

• By concluding this Contract MFGT shall lend the Natural Gas Energy Quantity Lent specified in Chapter VI to the Borrower for the period set out in Chapter II, Section 4, and the Borrower shall borrow the Natural Gas Lent and shall return it to MFGT until the date specified in Chapter VII, Section 2 or Chapter VII, Section 3.

• Parties agree that the quantity of Natural Gas Lent shall be deemed as Returned when the Natural Gas Energy Quantity Lent is re-transferred in the Gas Balance to MFGT.

• Seller is responsible for and shall pay for all future costs, if any, whether incurred by Seller or PGE, resulting from any carbon emissions generated by or associated with the Delivered Energy Quantity delivered by Seller to the Delivery Point in accordance with this Agreement.

• Pursuant to Fixed-Term Contract on Using and Providing Bundled Natural Gas Storage Service between Storage Years, which is a part of the Gas Loan Plus product, MFGT shall provide to the Borrower the capacities required for handing over and returning in the storage facility, and withdrawing and injecting the Natural Gas Energy Quantity Lent.

• Energy Quantity Reports First Gas shall produce daily delivery reports (DDRs) and hourly delivery reports (HDRs) separately for each meter at a Delivery Point and for the aggregate quantities of Gas taken at that Delivery Point in accordance with the Code.

• Seller acknowledges and agrees that the amount of Annual Guaranteed Energy Quantity, Minimum Two Consecutive Contract Year Energy Quantity and Minimum Three Contract Year Energy Quantity shall not act as a cap on or otherwise affect Seller’s estimation of the amount of forecasted Delivered Energy at any time.

• In this case, the sum of the energy quantity of the injected gas offered as collateral and the energy quantity that can be purchased from the bank guarantee under Section XIV.1 may not fall below the Natural Gas Energy Quantity Lent.

More Definitions of Energy Quantity

Energy Quantity means the standard volume multiplied by the calorific value;

Energy Quantity means the volume of the Energy Product that Seller and each Buyer agree to Schedule as set forth in Appendix 3.2(c)(i) or Appendix 3.2(c)(ii), as applicable.