Deemed Energy Generation definition
Deemed Energy Generation means the quantity of electric energy, expressed in MWh, reasonably estimated to have been produced by the Solar Facility or Solar Facilities, as applicable, and made available at the Delivery Point during a relevant measurement period using relevant availability of the Solar Facility or Solar Facilities, weather, and historical data, which information shall be provided to Buyer.
Deemed Energy Generation means the amount of electric energy, expressed in MWh, that the Facility would have produced and delivered to the Delivery Point, but for a curtailment event arising under Section 5.2, which amount shall be equal to (A) an amount of MWh calculated based on an equation that incorporates relevant Facility availability, weather and other pertinent data for the period of time during the curtailment event in order to approximate the amount of Energy that would have been delivered, less (B) the amount of Energy delivered to the Delivery Point during the curtailment event, if any; provided that, if the applicable difference calculated pursuant to either of the formulas provided above is negative, the Deemed Energy Generation shall be zero (0). The equation in (A) and (B) shall be subject to review and approval by Buyer.
Examples of Deemed Energy Generation in a sentence
Deemed Energy Generation Means, during an applicable period of time, the quantity of Energy, expressed in MWh that would have been produced by the Facility, delivered to the Point of Delivery as Delivered Energy and sold to Purchaser in accordance with the terms of this REPA during such period but for Purchaser’s Unexcused Failure.