Unit Contingent Energy definition

Unit Contingent Energy means Energy delivered by the Energy Storage System that is dependent upon the availability and operation of that Energy Storage System.
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Unit Contingent Energy means, with respect to this Transaction, that the Energy Dispatched by Buyer shall be provided solely from the Units and that Seller shall be relieved of its obligations to deliver the Dispatched Energy without liability (i) to the extent that, and for the period during which, such performance is prevented by Force Majeure or as a result of a Scheduled Outage as provided for in paragraph 4 of Part I of this Confirmation, or (ii) if any Unit experiences a Forced Outage or an unplanned outage, as provided for in paragraph 5 of Part I of this Confirmation, including without limitation, unavailability related to the disconnecting of the Facility or any Unit from the Gas Delivery Point and/or from the Energy Delivery Point, or (iii) if any Unit is unavailable as a result of a Maintenance Outage for any other operating reason relating to equipment failure or threat of equipment failure or other equipment related limitations as provided for in paragraph 6 of Part I of this Confirmation, or (iv) if any Unit is unavailable as a result of Seller’s, its Affiliates, or its agent’s inability to operate any Unit or the Facility due to legal, regulatory or permitting restrictions, including, but not limited to emissions restrictions or (v) any Unit is unavailable for any other reasons beyond the reasonable control of Seller, or (vi) any Unit is unable to run due to Buyer's default, including without limitation, Buyer’s failure to deliver sufficient, or any, Natural Gas to the Gas Delivery Point to allow Seller to start and run the Units whether or not such failure to deliver Natural Gas was due to Force Majeure (each event in (i) through (vi) above referred to as an “Excused Event”).
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Unit Contingent Energy means the electrical energy produced, flowed and delivered from the Facility to the Delivery Point, net of transmission losses, pursuant to the terms hereof, being the integral with respect to time of the instantaneous power, measured in units of watt- hours or standard multiple thereof, e.g. 1,000 Wh = 1 kWh, 1,000 kWh = 1 MWh, etc.
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Examples of Unit Contingent Energy in a sentence

  • The distinction is necessary in a framework in which variations in VER output are considered jointly with variations in load for purposes of defining the need for flexible capacity.6 CAISO rules do appear to recognize distinct energy products at its interties of Firm Energy, Non-Firm Energy and Unit Contingent Energy for the purposes of contingency reserve calculations.

  • Product: Unit Contingent Energy Delivery Period and Term: Energy Price: Payment Schedule:Unit Contingent Energy The Term begins on the later of the date of the final, unappealable NHPUCRegulatory Approval Determination that this Confirmation and its Attachment A are in conformity with RSA 362-H or February 1, 2019 and continues through July 31, 2019.

  • If Buyer properly schedules the delivery of Energy produced by the Units ("Dispatch") and within the limits set forth herein, Seller shall supply "Unit Contingent Energy" pursuant to the terms hereof, also referenced herein as “Energy”.

  • Xxxxx agrees that it shall provide the Natural Gas necessary to both start the Units and to produce the amount of Unit Contingent Energy requested to be Dispatched by Buyer.

  • All prices for Unit Contingent Energy are expressed in terms of $/MWh.

  • The Buyer is purchasing a Unit Contingent REC that is bundled with Unit Contingent Energy, as further described in Section 3.1(b), and all other Environmental Attributes and Capacity Attributes associated with the Output.

  • Energy Price:Effective during the Term, PSNH will compensate Seller for Unit Contingent Energy received at the Delivery Point in accordance with the pricing provisions set forth below.

  • If the Department fails to accept delivery of all or part of the scheduled Unit Contingent Energy and such failure is not excused under the terms of this Agreement or by the Seller’s failure to perform hereunder, then the Department shall pay the Seller, within ten (10) Business Days of invoice receipt, an amount for such deficiency equal to the positive difference, if any, obtained by subtracting the Sale Price from the Purchase Price.

  • The Seller’s obligation to make the initial deposit and each succeeding deposit to the Credit Guarantee Fund shall be extended during the operation of any Uncontrollable Force which shall have the effect of suspending or limiting the payment to the Seller of the Purchase Price for Unit Contingent Energy delivered to the Delivery Point.

  • This Agreement supersedes the Unit Contingent Energy Purchase Agreement, dated June 22, 2001, as amended and restated on November 20, 2002, between the Buyer and the Seller.


More Definitions of Unit Contingent Energy

Unit Contingent Energy means Energy produced by a Generating Unit that is dependent upon the availability and operation of that Generating Unit.
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Unit Contingent Energy means Energy produced by a Generating Unit providing Unit Contingent Capacity.
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Related to Unit Contingent Energy

  • Renewable Energy Certificate or "REC" means a certificate

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Class II renewable energy means electric energy produced at a

  • Solar renewable energy certificate or "SREC" means a

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Class I renewable energy means electric energy produced from

  • Delivered Energy means the kilowatt hours of Electricity actually fed and measured by the energy meters at the Delivery Point and as certified by SLDC/MSEDCL authorities.