Fast Frequency Response Performance Metric Sample Clauses

Fast Frequency Response Performance Metric. [DRAFTING NOTE: SECTION 2.11 APPLIES ONLY TO PROJECTS THAT INCLUDE CONTINGENCY STORAGE IN THEIR PROPOSALS. IT WILL BE REMOVED FROM PROJECTS THAT DO NOT INCLUDE CONTINGENCY STORAGE.]
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Fast Frequency Response Performance Metric. [DRAFTING NOTE: This section only applies if Facility provides fast frequency response]
Sample 1
Fast Frequency Response Performance Metric. [DRAFTING NOTE: This section only applies if Facility provides fast frequency response] Fast Frequency Response Criteria and Liquidated Damages. Following the Commercial Operations Date, the Facility shall respond appropriately to frequency disturbances in the Company System by operating in a manner consistent with standards and parameters established for Fast Frequency Response. With respect to such frequency disturbances in the Company System, the Facility shall be required to meet all of the following minimum frequency performance criteria (collectively, the “Fast Frequency Response Performance Metric”): Perform per design approved by Company [DRAFTING NOTE: To be elaborated upon based on Facility design]; When control is activated, achieve 95% to 105% of control commanded full response at the POI within 200 msecs of the initiation of the disturbance; and Meet all other requirements listed in Section 3(p) (Fast Frequency Response) of Attachment B (Facility Owned by Seller). Company will review historical operational data to determine the Facility’s fast frequency response following disturbances and satisfaction of the Fast Frequency Response Performance Metric. To the extent the historical operational data is insufficient or otherwise lacking for purposes of determining the Facility’s satisfaction of the Fast Frequency Response Performance Metric, Company shall review Facility’s performance under structured test conditions no less than once per Contract Year. After the first Contract Year: for each instance of the Facility failing to satisfy the Fast Frequency Response Performance Metric, Seller shall pay, and Company shall accept, as liquidated damages for such failure, an amount equal to 25% of the FFR Allocated Portion of the Lump Sum Payment upon proper demand by Company; and in the event poor Facility fast frequency response performance requires disabling the fast frequency response controls, as determined by Company in its sole discretion (e.g., in the event a Facility response to Company System frequency outside of the FFR deadband contributes to frequency error or worsens the disturbance), Seller shall pay and Company shall accept, as liquidated damages for such underperformance, an amount equal to 100% of the FFR Allocated Portion of the Lump Sum Payment upon proper demand by Company, and Seller shall not be entitled to receive further payments of the FFR Allocated Portion of the Lump Sum Payment while the Facility fast frequency response contr...
Sample 1

Related to Fast Frequency Response Performance Metric

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  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Performance Levels (a) The Performance Levels which apply to the performance by the respective Parties of their obligations under this Agreement are set out in Part 1 of Schedule 5. A failure by either Party to achieve the relevant Performance Level will not constitute a breach of this Agreement and the only consequences of such failure as between the Parties shall be the consequences set out in this Clause 5.6.

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  • KEY PERFORMANCE INDICATORS 10.1 The Supplier shall at all times during the Framework Period comply with the Key Performance Indicators and achieve the KPI Targets set out in Part B of Framework Schedule 2 (Goods and/or Services and Key Performance Indicators).

  • Measuring EPP parameters Every 5 minutes, EPP probes will select one “IP address” of the EPP servers of the TLD being monitored and make an “EPP test”; every time they should alternate between the 3 different types of commands and between the commands inside each category. If an “EPP test” result is undefined/unanswered, the EPP service will be considered as unavailable from that probe until it is time to make a new test.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

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