Storage Capacity Rating definition
Examples of Storage Capacity Rating in a sentence
To commence a Storage Capacity Rating test the Project must be charged to 100% Usable SOC.
For the period beginning on the Commercial Operation Date and thereafter during the Term, PacifiCorp will pay to Seller: (a) the Contract Price per MWh of Net Output delivered at the Point of Delivery and the Storage Facility Metering Point; (b) the Compensable Curtailment Price per MWh of Compensable Curtailment Energy; and (c) the Storage Price per MW of the Storage Capacity Rating.
The Facility, as reflected in the As-Built Supplement to be provided under this Section, may not: (a) have a Nameplate Capacity Rating that exceeds the Expected Nameplate Capacity Rating; (b) have a Storage Capacity Rating that is less than the applicable Expected Storage Requirement; or (c) result in the annual Expected Monthly Net Output, as calculated in Exhibit A, to increase by more than ten percent (10%).
If the actual capacity determined pursuant to a Storage Capacity Test is less than the then current Storage Capacity Rating, then the actual capacity determined pursuant to such Storage Capacity Test shall become the new Storage Capacity Rating at the beginning of the day following the completion of the test for all purposes under this Agreement until a new Storage Capacity Rating is determined pursuant to a subsequent Storage Capacity Test.
If the Storage Capacity Rating is less than the Guaranteed Capacity, then Owner shall owe CHGE liquidated damages equal to: 2 Value subject to change based upon further wholesale market model revenue revisions.
Seller must promptly provide to PacifiCorp an oral report, via telephone to a number specified by PacifiCorp (or other method approved by PacifiCorp in writing), of any Forced Outage of the Facility resulting in more than ten percent (10%) of the Nameplate Capacity Rating of the Generating Facility or ten percent (10%) of the Storage Capacity Rating of the Storage Facility being unavailable.
Seller must provide notice to PacifiCorp stating when Seller believes that the Facility has achieved Commercial Operation in accordance with the requirements of the definition of Commercial Operation, which notice shall include the Nameplate Capacity Rating of the Generating Facility (which shall not be less than the Required Percentage of the Expected Nameplate Capacity Rating), the Storage Capacity Rating of the Storage Facility, and the documentation required in the definition of Commercial Operation.
All other costs of any Storage Capacity Test shall be borne by Seller (other than any third party costs incurred by Seller for any retest required by PacifiCorp, unless such retest shall result in the Storage Capacity Rating being reduced from the Storage Capacity Rating established by the immediately preceding Storage Capacity Test, in which case Seller shall be responsible for such costs).
Storage Rating Test Sequencing: Storage Capacity Rating Test and Round-Trip Efficiency Test: STEP 1: Precharging Storage prior to Storage Capacity Rating Test.
Storage Capacity Rating Test and Round-Trip Efficiency Test: STEP 1: Precharging Storage prior to Storage Capacity Rating Test.