Storage Capacity definition

Storage Capacity means any combination of space, injectability and deliverability.

Storage Capacity means the maximum amount of energy that is capable of being stored in a storage device, and shall include, without limitation, any other products that may be developed or evolve from time to time during the Term that relate to the capability of a storage resource to store energy.

Storage Capacity means the entire Storage Available Capacity of the Storage Facility. “Storage Capacity Demonstration Test” means a test of the Storage Facility to demonstrate the maximum Storage Available Capacity based on Energy output, as measured at the Electric Interconnection Point, conducted in accordance with Accepted Industry Practices and the terms and conditions of this Agreement, including Section 3.12 and the procedures set forth in Schedule 3.12.

Examples of Storage Capacity in a sentence

• Performance and Other Requirements Subject to clause 10.3, the Operator must ensure that: Equivalent Availability Factor for the Facility for each Operating Year is equal to or exceeds 90%; and the energy storage capacity for the Facility for each Operating Year is equal to or exceeds the Storage Capacity, each a performance requirement (Performance Requirement).

• The Operator must conduct the Storage Capacity test in accordance with section 5 of Schedule 4 and that test must be conducted at the times when the independent professional firm identified in clause 10.2(c)(i) is able to attend the relevant measurements, tests and calculations undertaken by the Operator.

• If: the Commonwealth notifies the Operator that the Commonwealth agrees with the Storage Capacity Rebate set out in the Annual Storage Capacity Report; or the Commonwealth does not provide any notice under section 5.1(a) within the timeframe required by that section, the Storage Capacity Rebate set out in the Annual Storage Capacity Report will be binding on the parties.

• Storage Capacity [Drafting note: the storage capacity set out here is to reflect degradation to the extent relevant for the technology type.

• Within 20 Business Days after the date on which the Commonwealth receives the Annual Storage Capacity Report in respect of a Support Year, the Commonwealth must: notify the Operator that the Commonwealth agrees with the Storage Capacity Rebate set out in the Annual Storage Capacity Report; or notify the Operator that the Commonwealth disputes the Storage Capacity Rebate set out in the Annual Storage Capacity Report.

More Definitions of Storage Capacity

Storage Capacity means the aggregate capacity of all aboveground storage tanks at a tank facility.

Storage Capacity means the maximum dependable operating capability of the Storage Facility to discharge electric energy, and any other products that may be developed or evolve from time to time during the Term that the Storage Facility is able to provide as the Facility is configured on the Commercial Operation Date and that relate to the maximum dependable operating capability of the Storage Facility to discharge electric energy.

Storage Capacity means Storage Injectability, Storage Space and Storage Deliverability, or any of them, as the context may require;

Storage Capacity means storage capacity as defined in point 28 of Article 2 of Regulation (EC) No 715/2009;

Storage Capacity means Storage Space, Storage Withdrawal Capacity, and/or Storage Injection Capacity;

Storage Capacity means (a) the maximum dependable operating capability of the Storage Facility to discharge electric energy that can be sustained for four (4) consecutive hours and (b) any other products that may be developed or evolve from time to time during the Term that the Storage Facility is able to provide as the Facility is configured on the Commercial Operation Date and that relate to the maximum dependable operating capability of the Storage Facility to discharge electric energy.

Storage Capacity means the measurement (expressed in cubic measure) equivalent to the total storage capacity up to the level at which water is ordinarily retained therein.