P50 Quantity definition

P50 Quantity means the annual expected Energy deliveries at the Electric Interconnection Point from the Generating Facility at which there is a fifty percent (50%) probability that the actual Energy deliveries at the Electric Interconnection Point for a given year will exceed such annual expected amount and a fifty percent (50%) probability that the actual Energy deliveries at the Electric Interconnection Point for a given year will be less than such annual expected amount.
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P50 Quantity means the aggregate annual energy production of the Project, in kWhs, that is estimated in the Preliminary Wind Resource Assessment to have a fifty percent (50%) probability of being produced or exceeded in an average year over a 20-year study period.
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Examples of P50 Quantity in a sentence

  • Upon such payment, (x) the resizing of the Expected Capacity according to Section 3.8 shall become effective and (y) the Annual Expected Energy Quantity and Annual Guaranteed Energy Quantity shall be deemed adjusted to the P50 Quantity and the P90 Quantity, respectively, corresponding to the Final Capacity, as determined (subject to audit and 33 NTD: Amount to be calculated by multiplying the Expected Capacity by $500/MW.

Related to P50 Quantity

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Small quantity generator means a generator who generates less than 1000 kg of hazardous waste in a calendar month.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date.

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.

  • MMBtu means one million British Thermal Units.

  • Definite quantity contract means a fixed price contract that provides for a

  • Indefinite quantity contract means a fixed price contract that:

  • SCHEDULE OF QUANTITIES, BILL OF QUANTITIES means the Schedule or Quantities as specified and forming part of contract.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Bills of Quantities means the priced and completed Bill of Quantities forming part of the tender[where applicable].

  • Reportable quantity means one of the following:

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • MDQ means the total maximum MMBtu which Company shall be obligated to receive or deliver on a firm basis on any given day on behalf of customer.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • PRICED SCHEDULE OR QUANTITIES means the schedule duly priced.