Deemed Energy definition

Deemed Energy means that Energy Output that would otherwise be available to the Buyer, but for a System Event or a Compensation Event, as determined in accordance with Schedule 5 (Deemed Energy Payment);

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Deemed Energy means, in any hour during the Energy Delivery Period: (i) the amount of Turn-Down Energy in that hour for which the Buyer is required to pay the Seller pursuant to section 7.10(c); and (ii) the amount of Constraint Energy in that hour for which the Buyer is required to pay the Seller pursuant to section 7.10(d).

Deemed Energy means that Energy Output that would otherwise be available to the Buyer, but for a System Event or a Compensation Event, as determined in accordance with Schedule 6 (Deemed Energy Payment).

Examples of Deemed Energy in a sentence

The Buyer shall pay to the Seller the Deemed Energy Payment for all Deemed Energy accruing in each Billing Period calculated in terms of clause 14 (Consequences of a System Event), clause 15 (Consequences of a Compensation Event) and Schedule 5 (Deemed Energy Payment).
Deemed Energy payment shall be remunerated in accordance with Schedule I.
Without derogating from NamPower's obligation to pay the Deemed Energy Payment as aforesaid, NamPower shall notify the Seller promptly: upon the occurrence of any event resulting in the Transmission System being unable to operate or events affecting system stability; and/or if NamPower determines that maintenance of the Transmission System is required prior to the next Scheduled Transmission System Outage and that an Unscheduled Transmission System Outage is required.
For the avoidance of doubt, in respect of a period of less than 15 (fifteen) minutes, the Net Energy used in the calculation of Deemed Energy for this period shall be determined by prorating the Net Energy recorded over the block of 15 (fifteen) minutes.
The Deemed Energy Payment shall be calculated as follows: Payment for electricity produced for the Billed Period shall be based on the Base Tariff.

More Definitions of Deemed Energy

Deemed Energy shall have the meaning set forth in Clause 4.6;

Deemed Energy has the meaning given in Article 2.9.

Deemed Energy means the amount of electrical energy, in kWh, that the Producer would have generated and delivered at the Delivery Point in accordance with the terms of this Agreement (i) if the Balance Responsible Entity designated by the Buyer had complied with its commitments under the Balancing Agreement, and/or (ii) if the Buyer had complied with its obligation to designate a Balance Responsible Entity in accordance with Clause 8.2. [Calculation method of the Deemed Energy to be agreed upon between the Parties]

Deemed Energy means the energy that would have been delivered by the Facility to the Point of Delivery if the Facility’s production had not been reduced, subject to Clauses 4.6 and 10.2;

Deemed Energy has the meaning given to it in the PPA.

Deemed Energy means the amount of Energy that was not delivered to Buyer by Seller but would have been so delivered but for a Buyer Curtailment or a Reliability Curtailment for oversupply situations in excess of the BAA Cap calculated on five (5) minute blocks as follows: Deemed Energy (MWh) shall be calculated using (I) the Wind Turbine manufacturer's power curve as provided in the Wind Turbine supply agreement, and (II) wind. data (wind speed, ambient temperature, barometric pressure, air density) determined by the computer monitoring system for each Wind Turbine that is part of the Project adjusted to account for electrical losses in delivering Energy to the Point of Delivery. The calculation of Deemed Energy will consider all or a portion of the Wind Turbines taken out of service due to the curtailment but excluding any Wind Turbines taken out of service or operating at a reduced capacity for other reasons, and adjusted to account for electrical losses in delivering Energy to the Point of Delivery. Buyer shall have the right to review and approve Seller's calculations and data utilized to develop the calculations of Deemed Energy. Deemed Energy results shall be trued up to correct for consistently biased calculation error based on assessment of normal operations periods before and after any given curtailment event. Other calculation methods for Deemed Energy may be used by Seller with consent of Buyer, and such consent shall not be unreasonably withheld if Seller's proposed method is consistent with Prudent Utility Practices.

Deemed Energy has the meaning given to it in Clause 6.2(iii)(A) (Deemed Energy).