Examples of Outage Event in a sentence
The duration of payments by the Company under Section K (2) above resulting from any Force Majeure Event other than a Forced Outage Event shall in no event exceed 178 days for each Force Majeure Event.
With respect to a Force Majeure Event resulting from a Forced Outage Event that prevents the QFCP Generator from supplying output from the Facility, there shall be no disbursement to QFCP Generator for the first 90 days of such event and any such event shall no longer be considered to be a Force Majeure Event after the earlier of (i) the date of its remedy or (ii) 5:00 p.m. eastern standard time on July 1, 2025.
During a Forced Outage Event, the Company will continue to receive the full reduction in renewable portfolio standards requirements that would have been provided but for the Forced Outage Event.
For each megawatt-hour of output which would have been generated but for a Forced Outage Event, QFCP Generator shall, at its sole expense, use commercially reasonable efforts to acquire and retire one Forced Outage Replacement REC.
Following 90 days after the initiation of the Forced Outage Event, QFCP Generator shall be entitled to 70% of the disbursements per MWH of reduction in output to which the QFCP Generator would have been entitled but for the Forced Outage Event in the event that QFCP Generator has provided the Company with certification, pursuant to the PJM GATTS system or successor system, that it has acquired and retired Forced Outage Replacement RECs as set forth in Section K.
Subject to § 6.4 (Meter Outage Event), readings of the Metering Device shall be conclusive as to the amount of output delivered to the Delivery Point.
For all output for which QFCP Generator, despite using commercially reasonable efforts, is unable to acquire and retire Forced Outage Replacement RECs as set forth in Sections K (5) a and b above during a Forced Outage Event (hereinafter a “Replacement REC Shortfall”), the Company shall collect from its customers and disburse to the QFCP Generator 55% of the disbursements per MWH of reduction in output to which the QFCP Generator would have been entitled but for the Forced Outage Event.
The utility shall record each Outage Event as planned or unplanned and shall identify the point of origination such as generation facility, transmission line, transmission substation equipment, or distribution equipment.
The time interval, in minutes, between the time when a utility first becomes aware of an Outage Event and the time of restoration of service to the last retail customer affected by that Outage Event.
The date and time of the Outage Event and the number of Service Interruptions for the Outage Event shall also be recorded.