Reduced Monthly Energy Capacity Payment definition

Reduced Monthly Energy Capacity Payment has the meaning set forth in Section 10.03.
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Reduced Monthly Energy Capacity Payment for each Storage Unit shall be calculated as follows: Reduced Monthly Energy Capacity Payment = (the applicable Monthly Energy Capacity Payment - (the applicable Rated Power Capacity Payment Reduction + the applicable A/S Capacity Payment Reduction + the applicable Energy Efficiency Capacity Payment Reduction)) * the applicable RA Adjustment.
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Reduced Monthly Energy Capacity Payment for each Generating Unit shall be calculated as follows: Reduced Monthly Energy Capacity Payment = (the applicable Monthly Energy Capacity Payment - (the applicable Capacity Payment Reduction + the applicable A/S Capacity Payment Reduction)) * the applicable RA Adjustment ARTICLE ELEVEN
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Examples of Reduced Monthly Energy Capacity Payment in a sentence

  • If the Monthly Energy Capacity Payment is reduced in accordance with this Agreement, SCE shall make the Reduced Monthly Energy Capacity Payment in lieu of the Monthly Energy Capacity Payment.

  • For each applicable Generating Unit, the RA Adjustment shall be applied to the calculation of the Reduced Monthly Energy Capacity Payment for such Generating Unit under Section 10.01(e).

  • For each applicable Storage Unit, the RA Adjustment shall be applied to the calculation of the Reduced Monthly Energy Capacity Payment for such Storage Unit under Section 10.03.

  • This sca- le has the ability to enable managers to categorise and target potential business customers.

  • Compensation to Seller for the Product for any Put Delivery Period shall consist of (a) a Monthly Energy Capacity Payment or Reduced Monthly Energy Capacity Payment calculated in accordance with Sections 9.02(b) and 9.03, and Article Ten; (b) a Variable O&M Payment calculated in accordance with Section 9.04; and (c) Start-Up Charges calculated in accordance with Section 9.05.

  • Compensation to Seller for the Product for any Put Period shall consist of (a) a Monthly Energy Capacity Payment or Reduced Monthly Energy Capacity Payment calculated in accordance with Sections 3.06, 3.11 and 3.12, and subject to Section 3.05(d); (b) a Variable O&M Payment calculated in accordance with Section 3.08; and (c) a Variable Asset Replacement Payment calculated in accordance with Section 3.14.

  • For each applicable Storage Unit, the RA Adjustment shall be applied to the calculation of the Reduced Monthly Energy Capacity Payment for such Storage Unit under Section 3.06(c).

  • The “Reduced Monthly Energy Capacity Payment” for each Storage Unit shall be calculated as follows: Reduced Monthly Energy Capacity Payment = (the applicable Monthly Energy Capacity Payment - (the applicable Rated Power Capacity Payment Reduction + the applicable A/S Capacity Payment Reduction + the applicable Energy Efficiency Capacity Payment Reduction)) * the applicable RA Adjustment.


More Definitions of Reduced Monthly Energy Capacity Payment

Reduced Monthly Energy Capacity Payment for each Storage Unit shall be calculated as follows: Reduced Monthly Energy Capacity Payment = (the applicable Monthly Energy Capacity Payment - (the applicable Rated Power Capacity Payment Reduction + the applicable A/S Capacity Payment Reduction + the applicable Energy Efficiency Capacity Payment Reduction)) * the applicable RA Adjustment. Allocation of Other Payments and Costs (RA Periods). With respect to any RA Period: Seller shall retain any revenues it may receive from and pay all costs, charges charged by the CAISO or any other third party with respect to the Storage Units for (i) start-up, shutdown, charging, discharging, minimum load, and any other operational costs, (ii) ancillary services, (iii) Energy sales, and (iv) any revenues for black start or reactive power services. SCE shall be entitled to receive and retain all revenues associated with the Product (including any capacity revenues from: RMR Contracts, or its successor, for the Storage Units, the “Capacity Procurement Mechanism” (as defined by the CAISO Tariff), or its successor, associated with the Storage Units, “RUC Availability Payments” (as defined by the CAISO Tariff), or its successor, but excluding payments described in Section 3.07(a)(i)-(iv), and any Bids or revisions to any market-cleared Bids made by Seller pursuant to Section 6.04(b). In accordance with Section 3.06(a) and Sections 3.01, 3.02, 3.03, and 3.04, all such SCE revenues described in this Section 3.07, but received by Seller, or a Storage Unit’s SC, owner, or operator shall be remitted to SCE, and Seller shall pay such revenues to SCE if the Storage Unit’s SC, owner, or operator fails to remit those revenues to SCE. If Seller fails to pay such revenues to SCE, SCE may offset any amounts owing to it for such revenues pursuant to Sections 3.01, 3.02, 3.03, and 3.04 against any future amounts SCE may owe to Seller under this Agreement; and all such Seller, or a Storage Unit’s SC, owner, or operator revenues described in this Section 3.07, but received by SCE shall be remitted to Seller. If a centralized capacity market develops within the CAISO region, SCE will have exclusive rights to offer, bid, or otherwise submit the Product for each day of each Showing Month provided to SCE pursuant to this Agreement for re-sale in such market, and retain and receive any and all related revenues. Seller bears sole responsibility for establishing and compensating its SC. Seller shall be responsible for (i) managing, purchasing, ...
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Reduced Monthly Energy Capacity Payment has the meaning set forth in Section 3.06(c).
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Related to Reduced Monthly Energy Capacity Payment

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

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  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

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  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Seller Remittance Amount With respect to each Servicer, the meaning assigned to such term in the related Servicing Agreement.

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  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

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  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

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  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Monthly Total Principal Allocation means for any Related Month the sum of all Series 2015-3 Principal Allocations with respect to such Related Month.