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

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

Seller will operate and maintain the Project so as to achieve the Minimum Guaranteed Availability, the Guaranteed Heat Rate, Guaranteed Start-Up Time, and Guaranteed Ramp Rate in accordance with the provisions of Appendix 7.6 (collectively, the “Performance Guarantees”).
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 Commercial Operation Tests required pursuant to Section 7.2 shall consist of the following tests: Contract Capacity Test Heat Rate Test Reliability/Availability Test Ancillary Services Tests Start-up Time Test Ramp Rate Test Generator Capability Test Contract Capacity Test The Contract Capacity Test shall be conducted for the purpose of determining each Generating Unit’s and the Project’s net capacity corrected to Contract Conditions.
The Contract Capacity, Heat Rate, and Ancillary Services Testing shall be conducted at mutually agreed times prior to June of each calendar year after the Initial Delivery Date.
The “Heat Rate Percentage” for the Project shall be the Heat Rate of the Project divided by the Guaranteed Heat Rate, expressed as a percentage.

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

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

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 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 expressed in Btu per kWh, means the fuel energy consumption expressed in Btu (higher heating value) required to generate one kWh by the Fossil Fuel Fired Component at the high voltage bushings of the main power transformers.