Reference Energy Price definition

Reference Energy Price. An index of NYISO Energy Market prices for Applicable Zone calculated as set forth in Section 4.01 of this Agreement.

Reference Energy Price bears the meaning ascribed thereto in Section 13.1(a) ;

Reference Energy Price. An index of NYISO Energy Market prices for Zone J calculated as set forth in Section 4.03 of this Agreement.

Examples of Reference Energy Price in a sentence

• NYSERDA may (and, at the request of Seller, shall) review past invoices, including, but not limited to, the calculation of the Reference Energy Price and Reference Capacity Price, to determine if a true-up adjustment is necessary.

• Monthly REC Price = SPIndex – REP – RCP x MF where: SPIndex = Index REC Strike Price ($/MWh) REP = Reference Energy Price ($/MWh) RCP = Reference Capacity Price ($/MWh) MF = Mitigation Factor (%) (if applicable) The calculation of each month’s Reference Capacity Price will be based on a Reference UCAP Price.

• For each month, the Index OREC Price shall equal the Index OREC Strike Price minus the Reference Energy Price minus the Reference Capacity Price; provided that in no case shall the Index OREC Price exceed the Index OREC Strike Price.

• In: Etanol e bioeletricidade: a cana-de-açúcar no futuro da matriz energética / [coordenação e organização Eduardo L.

• Using data published by NYISO for its day-ahead energy market, NYSERDA shall calculate the Reference Energy Price for each month by: identifying the locational-based marginal price (“LBMP”) for each hour of the month in the Applicable Zone; and calculating the around the clock simple (not load-weighted) average of each such hourly LBMP during the entire month to determine the Reference Energy Price.

More Definitions of Reference Energy Price

Reference Energy Price. An index of NYISO Energy Market prices for Applicable Zone calculated as set forth in Section 4.01 of this Agreement.] Statement of Qualification (SoQ): An SoQ confirms that the energy production of the Bid Facility is eligible for the creation by NYGATS of Tier 1 RECs. Seller must submit material sufficient to demonstrate that the Bid Facility was constructed and achieved commercial operation, consistent with NYSERDA’s New York State Clean Energy Standard RES Tier 1 Certification Submission Instructions and Eligibility Guidelines, Section 7.2 Demonstration of Commercial Operation.

Reference Energy Price. A broad index of NYISO Energy Market prices for the coastal and near- coastal zones of New York State calculated as set forth in Section 4.03 of this Agreement.

Reference Energy Price or “REP” – means, for each Contract Year, means the price, stated at Bid Date values, to be paid by BPDB to the Company for one unit of the Net Energy Output pursuant to the terms of the PPA, as further explained in Section A, Article 5 and as set out by the Bidder in Annex D, Exhibit II, Table B-2.

Reference Energy Price means a net price of any form of Energy, as defined in the tender documentation, including specific prices for consumption and power input units or capacities as deemed necessary, excluding VAT, but including all the fees and other costs included in the energy price calculations by the Energy Supplier.

Reference Energy Price bears the meaning ascribed thereto in Section 13.1; “Reference Fuel Cost Component” bears the meaning ascribed thereto in Section 13.1;

Reference Energy Price. An amount based on an index of NYISO Energy Market prices for the Applicable Zone calculated as set forth in Section 4.01 of this Agreement. [Repowering: The physical improvements made to the existing [Name of Bid Facility] that meet the repowering requirements of the 2020 CES Order, as proposed by Seller in the Application for Qualification and Bid Proposal in response to RESRFP23-1 and confirmed through the Statement of Qualification and the Operational Certification process.]

Reference Energy Price means the net energy price determined in the Tender documentation and confirmed in this contract for the Energy sources determined in the Tender documentation, including all compensations and other costs which are included in the calculation of energy price by the Distribution system operator, where the only variable component is the VAT.