Examples of Energy Storage Services in a sentence
Company shall not be obligated to make any payment for the availability of the Facility’s Energy Storage Services prior to the Commercial Operations Date.
Seller will design, construct, and operate the Facility such that (i) no Station Use is measured and served via the Revenue Metering Package except Integral Station Use; and (ii) Energy Storage Services do not serve Station Use.
For so long as Seller has the right under this Agreement to make available Facility’s Energy Storage Services to Company, Seller shall pay for any rents and other payments due under such Land Rights that are associated with Company-Owned Interconnection Facilities.
When Xxxxxx learns that any of its equipment will be removed from or returned to service, and any such removal or return may affect the ability of the Facility to make the Energy Storage Services available to Company, Seller shall notify Company as soon as practicable and any unit shut-down shall be coordinated with Company in advance to the extent practicable.
Company shall purchase, own, install and maintain the Revenue Metering Package dedicated exclusively to the Facility and by which all measurable aspects of the Energy Storage Services must be measured to be eligible for payment under this Agreement.
Commencing on the Commercial Operations Date, Company shall pay to Seller a monthly Lump Sum Payment in consideration for the availability of the Facility’s Energy Storage Services to respond to Company Dispatch/Charge in accordance with this Agreement.
If PREPA finds the Main Meters outside the range specified by the standard, and the backup meters within such range, then the Parties shall use the backup meters to calculate the correct amount of Energy Storage Services delivered (reasonably adjusted for line losses) to PREPA for the actual period during which the Main Meters experience inaccurate measurements.
During the Delivery Term, Seller shall sell and provide to Buyer Energy Storage Services, which conveys to Buyer all Product produced by the Project or the Energy Storage Services, including Product in excess of the Monthly Contract Capability, pursuant to the terms and conditions contained herein.
Buyer shall pay Seller for the Energy Storage Services as provided in accordance with this Agreement.
If, at any time during the Term, Resource Provider accrues a right to Green Credits associated with the provision of the Energy Storage Services, or otherwise generated in connection with the operation of the Facility, then contemporaneously with the provision of such Energy Storage Services or Facility operation, as applicable, and in partial consideration for the Monthly Payments, Resource Provider shall convey to PREPA, at no additional cost, all such Green Credits.