Seller’s Annual Energy Delivery Obligation definition

Seller’s Annual Energy Delivery Obligation has the meaning set forth in Section 3.07(a)(i).
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Examples of Seller’s Annual Energy Delivery Obligation in a sentence

  • At the end of each Term Year if the sum of the Qualified Amounts plus any Lost Output (calculated in accordance with Exhibit M) during the Term Year does not equal or exceed Seller’s Annual Energy Delivery Obligation, then an Event of Deficient Energy Deliveries will be deemed to have occurred.

  • Seller’s Annual Energy Delivery Obligation equals ninety percent (90%) of the Expected Annual Net Energy Production.

  • At the end of each Term Year if the sum of Seller’s Metered Amounts plus any Lost Output during the Term Year does not equal or exceed Seller’s Annual Energy Delivery Obligation, then an “Event of Deficient Energy Deliveries” shall be deemed to have occurred.

  • Seller’s Annual Energy Delivery Obligation shall be equal to ninety percent (90%) of the Expected Annual Net Energy Production identified in Section 1.01(e).

  • Seller’s Notice shall include Seller’s calculation of the Metered Amounts, Lost Output, pro rata portion of Seller’s Annual Energy Delivery Obligation or estimated Energy Replacement Damage Amount for the Term Year as of the end of such calendar quarter, and all facts and information relied upon by Seller in formulating its calculation methodologies and claims, including annotated work papers and source data.

  • Seller’s Annual Energy Delivery Obligation equals the P-95 Value in the Final Wind Report.

  • Receipt of the Energy Replacement Damages Amount shall be SCE’s sole and exclusive remedy for any failure of Seller to meet Seller’s Annual Energy Delivery Obligation or otherwise to deliver any particular amount of energy in the applicable Term Year even if caused by an event that would otherwise constitute a default hereunder, other than an Event of Default set forth in Section 6.01(c).

  • Seller’s Notice shall include Seller’s calculation of the Metered Amounts, Lost Output, pro rata portion of Seller’s Annual Energy Delivery Obligation or estimated Energy Replacement Damage Amount for the Calculation Period as of the end of such calendar quarter, and all facts and information relied upon by Seller in formulating its calculation methodologies and claims, including annotated work papers and source data.

  • A = Seller’s Annual Energy Delivery Obligation in kWh. B = Sum of Metered Amounts over the Term Year in kWh. C = Sum of Lost Output over the Term Year in kWh. D = Simple average of the Market Price for all Settlement Intervals in the Term Year in $/kWh. E = Energy Price in $/kWh (i.e., $/MWh/1000).

Related to Seller’s Annual Energy Delivery Obligation

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • Annual Energy Use means, (i) with respect to the first year following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWh”), within the Party’s respective jurisdiction and (ii) with respect to the period after the anniversary of the Effective Date, the annual electricity usage, expressed in kWh, of accounts within a Party’s respective jurisdiction that are served by the Authority; and

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

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