Equivalent Availability means during any Month after Project COD the Capacity-weighted percentage of time in a specific time period during which the Project is Available for Operation, whether or not the Project is actually Dispatched, which shall be expressed as a percentage equal to one hundred percent (100%) multiplied by a fraction where: (x) the numerator is the sum of the Capacity of the Project in every hour of a specific time period that is Available for Operation; provided, for purposes of this calculation that Capacity that is unavailable due to an Excused Outage will be included in the Capacity of the Project Available for Operation, and (y) the denominator is the sum of the Contract Capacity in every hour of such time period. For the avoidance of doubt, Capacity that is not Available for Operation due to a Forced Outage is excluded from the numerator and is included in the denominator and the Equivalent Availability shall not exceed one hundred percent (100%). In each applicable hour, the Capacity of the Project Available for Operation will be limited to the average hourly output of the most recent Contract Capacity Test performed per Section 3.6.2. In addition, when the Project is providing reactive power as per Appendix 9: OPERATING LIMITS, and the Project’s output is below [X] MW, the Capacity of the Project Available for Operation will be determined based on the expected full MW output that would be available if Seller were not supplying reactive power. Commencing with the Month in which Commercial Operation occurs and continuing throughout the Term, Seller shall calculate and provide to Buyer a written report setting forth the Equivalent Availability for each Month, including the details of the calculation of the Equivalent Availability, as soon as practicable after the end of such Month, but in no event later than thirty (30) Days after the end of such Month.
Equivalent Availability has the meaning set forth in Section 5.5(ii). ERIS Rights or Energy Resource Interconnection Service Rights – has the meaning set forth in the NYISO Rules.
Equivalent Availability has the meaning set forth in Appendix E.
Examples of Equivalent Availability in a sentence
For each XXXX Measurement Period following the Commercial Operations Date, a XXXX Annual Equivalent Availability Factor shall be calculated as set forth in Attachment X (XXXX Annual Equivalent Availability Factor).
For the purposes of calculating the XXXX Annual Equivalent Availability Factor for the first three (3) full XXXX Measurement Periods in the first Contract Year, the calculation will assume that the XXXX is one hundred percent (100%) available for the remaining hours of the Contract Year.
AH (A) EPDH (B) EUDH (C) PH (D) XXXX Annual Equivalent Availability Factor 100% x (A – B – C)/D Enter the information for each Forced Outage during the reporting period.
The following is an example calculation of liquidated damages for the PV System Equivalent Availability Factor Performance Metric and is included for illustrative purposes only.
Assume the monthly Lump Sum Payment is $1,000,000 and the PV System Equivalent Availability Factor is 96.9% as calculated in the example in Section 2.5(a) (Calculation of the PV System Equivalent Availability Factor) above.
More Definitions of Equivalent Availability
Equivalent Availability has the meaning set forth in Section 5.5(ii).
Equivalent Availability means the Capacity-weighted percentage of time in a specific time period during which the Project is available for Dispatch, whether or not the Project is actually Dispatched, which shall be expressed as a percentage equal to one hundred percent (100%) multiplied by a fraction where: (x) the numerator is the sum of the Ambient-Adjusted Contract Capacity in every hour of a specific time period that is actually available for Dispatch; provided, for purposes of this calculation that project Capacity unavailable due to an Excused Outage will be included in the Ambient-Adjusted Contract Capacity, and (y) the denominator is the sum of the Ambient-Adjusted Contract Capacity in every hour of such time period. For the avoidance of doubt, Contract Capacity not available for Dispatch due to a Forced Outage is excluded from the numerator and is included in the denominator, and the Equivalent Availability shall not exceed one hundred percent (100%).
Equivalent Availability shall have the meaning set forth in Section 7.3.1 of this Agreement.
Equivalent Availability and "Facility Availability Factor": New Articles 3.10.1 and 3.10.2 are added to read as
Equivalent Availability means the percentage of hours that a generating unit is available to operate taking into account any partial outage time as determined in accordance with
Equivalent Availability is specifically defined as follows for the purposes of the reliability test: EA = ((A+B+C)x100%)/72, where:EA = Equivalent Availability in percent (%). A =Total number of hours during the reliability test that the Plant is operating at the output required by dispatch control. These hours may include time to start-up, shut-down or other normal operation. B =Total number of hours during the test that the Plant is available for normal operation, but the Plant is not allowed to operate or not allowed to operate normally due to Company, Company-Procured Equipment defect or malfunction. C =Total number of hours during the test that the Plant is not operating, but is available for normal operation up to base load, including start-up, shutdown, coat-down or other normal unit operation. EXECUTION VERSION CONTRACT NUMBER 51008 Bothell, Washington APPENDIX G STATEMENT OF WORK FOR A COMBUSTION TURBINE GENERATOR COMBINED CYCLE POWER PLANT (GE LM6000) FOR SOUTHCENTRAL POWER PROJECT ANCHORAGE, ALASKA Revision A EXECUTION VERSION CONTRACT NUMBER 51008 REVISION INDEX EXECUTION VERSION CONTRACT NUMBER 51008 TABLE OF CONTENTS
Equivalent Availability or "EA" has the meaning set forth in Appendix E (Equivalent Availability).