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Expected Energy definition

Expected Energy. “Expected Energy” means [XXX,XXX] MWh during the first Contract Year and for each Contract Year thereafter during the Delivery Term. [If there is an annual adjustment for degradation, this should be noted.]
Expected Energy has the meaning set forth in the CAISO Tariff.
Expected Energy means the quantity of Energy that Seller expects to be able to deliver to Buyer from the Facility during each Contract Year in the quantity specified on the Cover Sheet.

Examples of Expected Energy in a sentence

  • If, at any point in any Contract Year, the amount of Metered Energy plus the amount of Deemed Delivered Energy above the Curtailment Cap exceeds one hundred and fifteen percent (115%) of the Expected Energy for such Contract Year, the price to be paid for additional Metered Energy or Deemed Delivered Energy shall be equal to the lesser of (a) the Delivery Point LMP for the Day-Ahead Market for the applicable Settlement Interval or (b) $0.00/MWh.

  • If, at any point in any Contract Year, the amount of Energy, plus the amount of Deemed Delivered Energy exceeds one hundred and ten percent (110%) of the Expected Energy for such Contract Year, the price to be paid for additional MWh of Energy or Deemed Delivered Energy shall be equal to the lesser of (a) the Delivery Point LMP for the Day-Ahead Market for the applicable Settlement Interval or (b) fifty percent (50%) of the Contract Price.

  • The “Guaranteed Energy Production” means an amount of Energy, as measured in MWh, equal to [For intermittent resources: one-hundred sixty percent (160%) of the average Expected Energy for the two (2) Contract Years constituting such Performance Measurement Period] [For non-intermittent resources: ninety-five percent (95%) of the average Expected Energy for each Contract Year (i.e., Performance Measurement Period)].


More Definitions of Expected Energy

Expected Energy means the total quantity of energy that Seller expects to be able to deliver to Buyer as Facility Energy delivered to the Delivery Point during each Contract Year in the quantity specified on the Cover Sheet.
Expected Energy means [ ] MWh of Net Output in the first full Contract Year, measured at the Point of Delivery, which is Seller's best estimate of the projected long-term average annual Net Output production based upon average wind conditions at the Facility and the Expected Nameplate Capacity Rating. Seller estimates that the Net Output will be delivered during each Contract Year according to the estimates of monthly Net Output set forth in Exhibit A. If at Final Completion the Facility's Nameplate Capacity Rating is less than the Expected Nameplate Capacity Rating, Expected Energy shall be reduced proportionally per year for each full MW of Nameplate Capacity Rating below the Expected Nameplate Capacity Rating. Seller acknowledges that PacifiCorp will include Expected Energy in PacifiCorp's resource planning. PacifiCorp acknowledges that wind conditions are variable and that the Facility's actual annual output of Net Output in the ordinary course in any given year will be subject to variation caused by differences in the actual wind speeds at the Facility from year to year.
Expected Energy means the Seller’s best estimate of annual energy production from the Facility, in MWh per year, based on delivery to the Point of Delivery and the planned total installed capacity of the Facility, and is equal to _ MWh per year.
Expected Energy means the quantity of PV Energy that Seller expects to be able to deliver to Buyer from the Generating Facility during each Contract Year, which for each Contract Year is the quantity specified on the Cover Sheet, which amount shall be adjusted proportionately to the reduction from Guaranteed PV Capacity to Installed PV Capacity pursuant to Section 5(a) of Exhibit B, if applicable.
Expected Energy means, for any Contract Year, the Expected Net Output for such Contract Year as determined in accordance with Exhibit A of this Agreement. If at Final Completion the Facility’s Nameplate Capacity Rating is less than the Expected Nameplate Capacity Rating (but at least equal to or greater than the Required Percentage of the Expected Nameplate Capacity Rating), then the Expected Net Output and the Expected Energy in each Contract Year shall be reduced proportionally for each full MW of Nameplate Capacity Rating below the Expected Nameplate Capacity Rating. Seller acknowledges that PacifiCorp will include the Expected Energy in PacifiCorp’s resource planning.
Expected Energy has the meaning set forth in the CAISO Tariff. “Expected Initial Delivery Date” is the date set forth in Section 2.03.
Expected Energy means MWh of Net Output per year measured at the Point of Delivery, which is the Seller’s best estimate of the projected long-term average annual Net Output production based upon average wind conditions from the Facility, delivery to the Point of Delivery and the Expected Nameplate Capacity Rating. Seller estimates that the Net Output will be delivered during each calendar year according to the estimates of monthly output set forth in Exhibit A. If at Final Completion the Facility’s Nameplate Capacity Rating is less than the Expected Nameplate Capacity Rating, Expected Energy shall be reduced by MWh per year for each full MW of Nameplate Capacity Rating below the Expected Nameplate Capacity Rating. Seller acknowledges that PacifiCorp will include Expected Energy in PacifiCorp’s resource planning. PacifiCorp acknowledges that wind is a variable resource and that the Facility’s actual annual output of Net Output and Green Tags in the ordinary course in any given year will be subject to variation caused by differences in the actual wind resource at the Facility from year to year.