Capacity Availability Factor definition
Capacity Availability Factor has the meaning set forth in Exhibit C.
Capacity Availability Factor has the meaning set forth in Exhibit C. “Capacity Availability Payment True-up” has the meaning set forth in Exhibit C.
Capacity Availability Factor means: (AEG + SME) PE, where AEG = Available Energy - Gas for any period, stated in Megawatt-hours (MWh), means the amount of Contract Energy that is available from the Facility for dispatch on natural gas fuel, regardless of the extent to which SPP actually dispatches the Facility, during such period. For purposes of calculating AEG: • The Facility shall be derated for Forced Outages (regardless of whether caused by Force Majeure) and ambient conditions. By way of example for the month of June, [year], if (I) the Facility is fully mechanically available, (II) no maintenance is scheduled for the month, but (III) due to summer conditions, the average Contract Capacity actually available from the Facility for the month is MW, then CAF for such month shall be MWh [AEG] MWh [PE] = %. • Contract Capacity that is unavailable for dispatch by Company on natural gas fuel nevertheless shall be considered to be available for the purposes of determining AEG when (and only when):
Examples of Capacity Availability Factor in a sentence
CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1).
CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh ”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1).