Expected Annual Net Energy Production definition

Expected Annual Net Energy Production means the Generating Facility’s expected annual Qualified Amounts, as calculated in accordance with Section 1.01(i).
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Expected Annual Net Energy Production means the Generating Facility’s expected annual Metered Amounts as set forth in Special Condition A(v).
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Expected Annual Net Energy Production means the Metered Energy quantity that is expected to be produced by the Generating Units during each Term Year, set forth in Section 1.03(a)(ix).
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Examples of Expected Annual Net Energy Production in a sentence

  • Seller’s Product Delivery Obligation for the twenty-four (24) month period immediately preceding the end of each Term Year commencing at the end of the second Term Year (“Calculation Period”) must equal one hundred seventy percent (170%) of the Expected Annual Net Energy Production.

  • The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B x C Where: A = The Installed DC Rating, in kWPDC, which shall not exceed 26,193.400 kWPDC.

  • Buyer may require Seller to curtail deliveries of Energy from the Plant to the Point of Interconnection for any reason in Buyer’s discretion (a “ Discretionary Curtailment”) by delivering a dispatch notice to Seller, provided that (1) such Discretionary Curtailments shall be limited to a quantity of not more than 10% of the Expected Annual Net Energy Production in each Contract Year; and (2) the dispatch notices shall be consistent with the operational characteristics set forth in Exhibit D.

  • The Parties agree that the Compliance Costs that Seller shall be required to incur shall not exceed 1% of the Expected Annual Net Energy Production multiplied by the Product Price in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term.

  • Seller's Energy Delivery Obligation for the twenty-four (24) month period immediately preceding the end of each Term Year commencing at the end of the second Term Year (“Calculation Period”) must equal one hundred sixty percent (160%) of the Expected Annual Net Energy Production.

  • If Seller is unable to demonstrate the ability of the Generating Facility to deliver the Nameplate Contract Capacity as set forth in Special Condition A(iv), the Nameplate Contract Capacity shall be reduced as of the applicable Firm Operation Deadline by the amount of Nameplate Contract Capacity not demonstrated (the “Unincluded Capacity”) and the Expected Annual Net Energy Production shall be adjusted pursuant to Special Condition A(v).

  • The “Contracted Amount” consists of, collectively, the Contract Capacity and the Expected Annual Net Energy Production, as set forth below.

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  • The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: Expected Annual Net Energy Production, in kWh = A x B x C Where:[A = As of the Effective Date and until SCE’s verification of Seller’s installation of the Generating Facility pursuant to Section 5.03 of this Attachment 1, the Installed DC Rating set forth in Section 1.03(a) of this Attachment 1.

  • Two Year Minimum Production Threshold: For each Calculation Period, an amount (in MWhs) equal to seventy percent (70%) of the Expected Annual Net Energy Production for such Calculation Period (i.e., for the avoidance of doubt, the sum of 70% of the Expected Annual Net Energy Production for the first year of such Calculation Period plus 70% of the Expected Annual Net Energy Production for the second year of such Calculation Period).

Related to Expected Annual Net Energy Production

  • Energy year or "EY" means the 12-month period from June 1st

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • 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.

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

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Basic gas supply service means gas supply service that is

  • Renewable energy project means (A) a project

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Gas supply service means the provision to customers of the

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • 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;

  • Projected actual emissions means the maximum annual rate, in tons per year, at which an existing emissions unit is projected to emit a regulated NSR pollutant in any one of the 5 years (12-month period) following the date the unit resumes regular operation after the project, or in any one of the 10 years following that date, if the project involves increasing the emissions unit’s design capacity or its potential to emit that regulated NSR pollutant, and full utilization of the unit would result in a significant emissions increase, or a significant net emissions increase at the major stationary source.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Electric generation service means the provision of retail

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;