Annual Expected Energy Quantity definition

Annual Expected Energy Quantity means, for any Contract Year, the amount (in MWh) for such Contract Year set forth in Schedule 1.1.1, subject to adjustment according to Section 3.9; provided, however, that, if such Contract Year has less than three hundred and sixty-five (365) Days, such amount shall be multiplied by a fraction, the numerator of which is the number of Days in such Contract Year and the denominator of which is three hundred and sixty-five (365).
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Examples of Annual Expected Energy Quantity in a sentence

  • If Bidder is offering a PPA proposal, provide the Annual Expected Energy Quantity (AEEQ) and Annual Guaranteed Energy Quantity (AGEQ) for the Facility by completing Appendix D - Attachment D (Annual Energy Quantities).

  • Provide the Annual Expected Energy Quantity (AEEQ) and Annual Guaranteed Energy Quantity (AGEQ) for the Facility by completing Appendix D - Attachment D (Annual Energy Quantities).

  • Page C-B-2, 2nd paragraph) The provision for a one year, two year and three year minimum energy requirement is more burdensome than the financial industry is accustomed to accepting for wind energy RERs. It is our recommendation that Entergy employ a 3-year rolling average that uses 85% of the Annual Expected Energy Quantity for wind energy RERs. This approach is commonly used for most wind energy PPAs by utilities.

  • Entergy already proposed to assess penalties for failure to meet the Annual Expected Energy Quantity and/or the Minimum Rolling Average which would doubly penalize the Seller.

  • Page C-B-1) The existing language states that Bidders shall state the Annual Expected Energy Quantity and an Annual Guaranteed Energy Quantity however, no specific values are outlined.

  • Docket No. ER02–1156–000]Take notice that on February 28, 2002, pursuant to section 205 of the Federal Power Act and §35.13 of the Federal Energy Regulatory Commission’s (Commission) regulations, 18 CFR 35.13, the Midwest Independent Transmission System Operator, Inc.

  • In order to put all respondents on equal footing during Entergy’s evaluation process, we recommend that the Annual Expected Energy Quantity be specified as the value of energy production that is expected to be produced by the facility at a 50:50 probability level.

  • However, for PPA transactions, Bidder is required to provide the Annual Expected Energy Quantity (AEEQ) and Annual Guaranteed Energy Quantity (AGEQ) for the Facility by completing Appendix D - Attachment D (Annual Energy Quantities).

Related to Annual Expected Energy Quantity

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • Energy year or "EY" means the 12-month period from June 1st

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Basic gas supply service means gas supply service that is

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.