Net Heat Rate definition
Examples of Net Heat Rate in a sentence
Within 15 days after the completion of the performance test, the Seller shall prepare and submit the the Department a written report of the test relavant to the Plant Net Heat Rate in the format and providing the relevant data as described in the above paragraph.
If Seller and Department both accept a test, the Plant Capacity and Plant Net Heat Rate shall be updated to reflect the results of such test effective upon the first day of the month following the month in which Department receives Seller’s test report.
This corrected fuel flow, the average of the resuls of the fuel testing laboratory samples for fuel heat content, and the Plant Capacity shall be used to calculate the Plant Net Heat Rate in Btu (HHV)/kw-hr.
If the results of the test indicate the Net Dependable Capacity is below 2% of the current level or that Net Heat Rate exceeds the Guaranteed Heat Rate, Buyer shall not pay for the cost of the test.
The first will be conducted by the EPC Contractor on or about the Commercial Operations and that the results of that performance testing will serve both to qualify the EPC Contractor's performance commitment to the Seller, and those results will apply in the determination of the Net Dependable Capacity and Initial Net Heat Rate under this Agreement.
The Seller's accumulated quantity of Heat Rate Credits shall be reduced to the extent utilized to reduce the Net Heat Rate.
If any adjustment is necessary, the Actual Heat Rate Adjustment shall be effective retroactive to the date on which it was mutually determined that the Actual Heat Rate exceeded the Guaranteed Heat Rate and shall remain in effect until it is demonstrated by testing that the Net Heat Rate is less than the Guaranteed Heat Rate.
Thereafter at least once per Contract Year, Seller must conduct a test to determine the Net Dependable Capacity and Net Heat Rate.
This test procedure and the calculations employed are intended to determine the Net Dependable Capacity and Net Heat Rate as shown on the Heat Rate Boundary Diagram.
Any test to determine the Net Dependable Capacity and Net Heat Rate shall include a period of two hours during which the Net Dependable Capacity is generated and the Electric Energy delivered to the Point of Delivery.