Heat Rate definition

Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

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Heat Rate means, for purposes of this Agreement, the value obtained, in BTU per kWh, when the fuel input, on a Higher Heating Value basis, in BTU is divided by generation, net of Station Use, in kWh.

Heat Rate means the number of Btu’s used to produce one MW of energy measured at the Electricity Delivery Point.

Examples of Heat Rate in a sentence

• As an alternative, the applicable Market-Implied Heat Rate may be determined by calculating the market-implied heat rates applicable to the last three years for which data are available that are the farthest in the future, and performing an extrapolation.

• The actual heat rate as measured under such test conditions will be deemed the “Actual Tested Heat Rate.” Retests of the Actual Tested Heat Rate shall be conducted directly before or after a Buyer’s Capacity Test or a Seller’s Capacity Test.

• Seller shall notify Buyer from time to time of any expected material deviation of the Standard Heat Rate of the Facility from the Guaranteed Heat Rate so that Buyer is able to nominate its Fuel to match the requirements of the Facility.

• Seller shall operate and maintain the Facility so as to achieve the Guaranteed Heat Rate in accordance with the provisions of Exhibit R.

• Seller's maximum annual liability for failure to achieve the Guaranteed Maximum Heat Rate shall not exceed an amount equal to $400,000.

More Definitions of Heat Rate

Heat Rate means, in respect of a generating unit, the ratio of the quantity of fuel consumed (Btus), measured on a “high heating value” basis, to the net output of electric energy (kW) as measured in any period.

Heat Rate means the ratio of energy inputs used by a generating facility expressed in BTUs (British Thermal Units), to the energy output of that facility expressed in kilowatt hours.

Heat Rate means the efficiency of a Unit’s ability to convert fuel into power.

Heat Rate. The number of British Thermal Units (BTU) required to produce one kilowatt hour of energy at the Facility.

Heat Rate means a measure of the efficiency of an electric generating station, computed by dividing the total British thermal unit content of the fuel burned by the resulting net kilowatt-hours generated.

Heat Rate means the number of Btu of energy contained in the fuel required to produce a kWh of energy (Btu/kWh) for thermal plants;

Heat Rate means the efficiency expressed as the amount of Btus of natural gas consumed to generate a kwh of electric energy.