Energy Settlement Sample Clauses

Energy Settlement. The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ____ [insert the number of hours of duration of the Project]; DAPi = the largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.
AutoNDA by SimpleDocs
Energy Settlement. The Energy Settlement (“ES”) will be calculated as follows: ESm = ∑ ESd × FQm, where, ∑ = the sum from d=1 to n, where n = the number of days in a month FQm = Confirmed Quantity for month m ESd = ∑ max [0,(large (DAPi) – (small (DAPi) / E) – VOM)] where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ___ hours [insert the number of hours of duration of the Project]; Large (DAPi) = the largest i values of Energy DAP in a day; Small (DAPi) = the smallest i values of Energy DAP for all Settlement Periods in a day; E = round trip efficiency of the Project, as a percentage, as set forth in Appendix III VOM = ___ [insert Variable O&M (in $/MWh)]
Energy Settlement. As indicated in Appendix II Part C, this Agreement [does include the Energy Settlement (“ES”) which shall be calculated as set forth in Appendix XV] OR [does not include the Energy Settlement (“ES”)].
Energy Settlement. The Energy Settlement (“ES”) will be calculated as follows: ESm = ∑ ESd × PQm, where, ∑ = the sum from d=1 to n, where n = the number of days in a month PQm = Payment Quantity for month m ESd = ∑ max [0, (large (DAPi) – {Wt1i * small (DAPi) + Wt2i * small (DAPi+1) + Wt3i * small (DAPi+2)} – VOM)] where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ___ hours [insert the number of hours of duration of the Project]; Large (DAPi) = the i-th largest value of DAP for all Settlement Periods in day d; Small (DAPi) = the i-th smallest value of DAP for all Settlement Periods in day d; Wt1i = min (i, max (i-1, i/ Ecy)) – min (i, max (i-1, (i-1)/ Ecy)) Wt2i = min (i+1, max (i, i/ Ecy)) – min (i+1, max (i, (i-1)/ Ecy)) Wt3i = min (i+2, max (i+1, i/ Ecy)) – min (i+2, max (i+1, (i-1)/ Ecy)) Ecy = annual round trip efficiency of the Project, as a percentage, as set forth in Appendix III VOM = ___ [insert Variable O&M (in $/MWh)]
Energy Settlement a. The ARC will be eligible for compensation for load reduction for participating in an EDR Event when cleared and dispatched. MISO settlement information will be used as the basis for EDR Event compensation. NIPSCO will reduce this settlement amount to account for the Marginal Foregone Retail Rate (“MFRR”) and any applicable fees as defined in NIPSCO’s Tariff.
Energy Settlement. The Energy Settlement (“ES”) used in the calculation of the Monthly Payment will be calculated using the equations shown below for the monthly Energy Settlement and the daily Energy Settlement. An example of the calculation of the daily Energy Settlement is depicted in Appendix XII. The Energy Settlement will be calculated as follows: ESm = PQm × ESd where, = the sum from d = 1 to n, where n is the number of days in month m PQm = Payment Quantity for month m ESd = Energy Settlement for day d
Energy Settlement. The Energy Settlement (“ES”) will be calculated as follows: ESd = ∑ max [0,(large (DAPi) – (small (DAPi) / E) – VOM)] where, ∑d = the sum from i = 1 to z, where z is ___ hours [insert the number of hours of duration of the Project]; Large (DAPi) = the i largest values of Energy DAP in a day; Small (DAPi) = the i smallest Energy DAP for all Settlement Periods in a day; E = Efficiency of the Project, stated as a percentage, set forth in the Agreement; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.
AutoNDA by SimpleDocs
Energy Settlement a. The ARC will be eligible for compensation for load reduction for participating in a DRR Type 1 Event when cleared and dispatched. MISO settlement information will be used as the basis for DRR Type 1 Event compensation. NIPSCO will reduce this settlement amount to account for the Marginal Foregone Retail Rate (“MFRR”) and any applicable fees as defined in NIPSCO’s Tariff.
Energy Settlement. Idaho shall return to Pacific a total of 84,263 megawatt-hours of energy supplied by Pacific for the period January 1, 1974, to July 31, 1980. This energy shall be returned at a rate of four megawatt-hours per hour (4mwh/h) beginning 0100 August 1, 1980, Mountain Advanced Standard Time, at points of interconnection between the parties as determined by Idaho until all energy is re-turned.
Energy Settlement 
Time is Money Join Law Insider Premium to draft better contracts faster.