Examples of Qualifying Curtailment in a sentence
In the event of (i) a Qualifying Curtailment, or (ii) a Forced Outage lasting at least 48 hours and for which Seller provides notice to PacifiCorp pursuant to Section 6.5.3 (“Qualifiying Outage”), the Scheduled Monthly Energy Delivery will be adjusted, pro rata, (“Adjusted Scheduled Monthly Energy Delivery”) for that month to determine Conforming Energy and Non-Conforming Energy.
Where Qualifying Curtailments and Qualifying Outages overlap, each distinct period of overlap shall be calculated as a separate Qualifying Curtailment or Qualifying Outage such that no hour within a calendar month may figure into more than one Qualifying Curtailment or Qualifying Outage.
Supplier onsite audits, for high risk suppliers.More detailed information about the risk assessment and control measures are described below: 1.
Upon the occurrence of a Qualifying Curtailment the Scheduled Capacity Factor shall be adjusted, pro rata (“Adjusted Scheduled Capacity Factor”), as follows: SMCF(adj) = SMCF* [1- ∑((Hci/Ht) * (Cci/Cmax))] Where: SMCF = Scheduled Capacity Factor SMCF (adj) = Adjusted Scheduled Capacity Factor.
Unless excused by a Qualifying Curtailment described in Section 6.11.3, Seller’s failure to deliver any Net Output for a continuous period of three months shall constitute an event of default.