Equivalent Availability Factor definition

Equivalent Availability Factor has the meaning set forth in Appendix 9.2.

Equivalent Availability Factor or "EAF" means the equivalent availability factor for the Portfolio Units, computed in accordance with North American Electric Reliability Council definitions at the end of each month on a rolling 12 month basis; provided, however, that for Contract Year 1, the EAF will be -------- ------- computed based on availability commencing January 1, 2001.

Equivalent Availability Factor means the amount determined in accordance with section 4.3.

Examples of Equivalent Availability Factor in a sentence

• Performance and Other Requirements Subject to clause 10.3, the Operator must ensure that: Equivalent Availability Factor for the Facility for each Operating Year is equal to or exceeds 90%; and the energy storage capacity for the Facility for each Operating Year is equal to or exceeds the Storage Capacity, each a performance requirement (Performance Requirement).

• Subject to this clause 10.3, where the Equivalent Availability Factor for the Facility in any Support Year is less than 90%, the Availability Rebate will apply in accordance with Schedule 4.

• Subject to section 4.3(b), the Equivalent Availability Factor (expressed as a number and not a percentage) of the Facility for a Support Year is calculated in accordance with the first formula set out in paragraph 8.11 of IEEE 726-2006, provided that: a reference to “generation” is taken to be a reference to “export capability”; and a reference to “generating unit” is taken to be the Facility.

More Definitions of Equivalent Availability Factor

Equivalent Availability Factor or “EAF” has the meaning set forth in Section 4.1(b).]

Equivalent Availability Factor means the ratio of hours the Facility is available for power generation at Project Capacity to the number of hours in a particular calendar month. The removal or derating of any operational component which would limit the ability to generate at Plant Capacity to the Delivery Point shall be considered Unavailable. An example of how Equivalent Availability Factor is calculated is attached as Exhibit D.

Equivalent Availability Factor shall have the meaning set forth in Exhibit L.

Equivalent Availability Factor. The ratio (in percent) calculated in accordance with the formula, terms and concepts defined by NERC GADS, as set forth in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS), based on the Net Maximum Capacity of the Facility, unless otherwise defined in this Agreement.

Equivalent Availability Factor has the meaning given in item 5.5 of Schedule 2 (“Annuity Product terms”).

Equivalent Availability Factor or "EAF" means the fraction of a given operating period in which a generating unit is available without any outages and equipment or seasonal deratings.

Equivalent Availability Factor shall be determined consistent with the requirements of the Generating Availability Data System data reporting instructions.