Efficiency Rate definition

Efficiency Rate means the measured round-trip efficiency rate of the Storage Facility, expressed as a percentage, calculated pursuant to a Storage Capacity Test in accordance with Exhibit O.

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Efficiency Rate means the rate of converting Energy In into Energy Out, as calculated by dividing Energy Out in the applicable month of the Delivery Term by Energy In in the same month of the Delivery Term, expressed as a percentage.

Efficiency Rate means the rate of conversion of the Charging Energy into Facility Energy calculated during a Capacity Test and based upon Energy In divided by Energy Out as set forth in Exhibit O.

Examples of Efficiency Rate in a sentence

Following the expiration of up to 24 hours after the end of such charging, the Scheduling Coordinator for the Project shall schedule the Project for discharging, at the Contract Capacity in an amount equal to the product of Charging Energytest multiplied by the Guaranteed Round-Trip Efficiency Rate.
At the start of the Efficiency Rate Test, the Stored Energy of the Energy Storage System shall be reduced to an amount equal or less than [20%] State of Energy, which Stored Energy amount (“Stored Energytest,0”) shall be recorded.
In dispatching the Project, Buyer, as Scheduling Coordinator for the Project, shall assume a Round-Trip Efficiency Rate equal to the then most-recent Tested Round-Trip Efficiency Rate.
The Commercial Operation Test shall establish the initial level of Contract Capacity and Tested Round-Trip Efficiency Rate for purposes of calculating the Monthly Capacity Payment under Section 9.2.
The Final Test Plan from the Commercial Operation Test shall be used for the Efficiency Rate Test, unless the Parties agree otherwise in writing.
The Storage Contract Capacity and Efficiency Rate determined pursuant to a Storage Capacity Test shall become the new Storage Contract Capacity and/or Efficiency Rate, at the beginning of the day following the completion of the test for all purposes under this Agreement, including compensation under Exhibit C.
The actual Round-Trip Efficiency Rate of the Project will be determined upon the completion of the Commercial Operation Test for the Project and from time to time in accordance with the testing procedures of Section 7.4. Such test will demonstrate the Tested Round-Trip Efficiency Rate of the Project applicable from and after the completion of such test.
Each SCT shall: Determine an updated Storage Contract Capacity; Determine the amount of Energy required to fully charge the Storage Facility; Determine the Storage Facility charge ramp rate; Determine the Storage Facility discharge ramp rate; Determine an updated Efficiency Rate.
The production forecast shall be based on the Maximum Efficiency Rate (MER), as set forth in Clause 12 (paragraph 12.1) and adjusted to each Party's interests hereunder.
For all purposes of this Agreement, including Sections 1.1.2, 1.2.2 and Appendix 9.2, the Tested Round-Trip Efficiency Rate determined pursuant to an Efficiency Rate Test shall become the new Tested Round-Trip Efficiency Rate at the beginning of the day following the completion of the test.

More Definitions of Efficiency Rate

Efficiency Rate means the rate calculated by dividing Energy Out by Energy In

Efficiency Rate means the tested rate calculated pursuant to Sections II.I(2) and III(A) of Exhibit O by dividing Discharging Energy by Charging Energy and which for a given calendar month shall be prorated as necessary if more than one Efficiency Rate test has been conducted in such calendar month and different tested Efficiency Rates apply during such calendar month.

Efficiency Rate means the measured round-trip efficiency rate of the Facility, expressed as a percentage, calculated pursuant to a Storage Capacity Test by dividing Energy Out by Energy

Efficiency Rate means the rate of conversion of the [SDG&E to insert] into Energy.

Efficiency Rate means the measured round-trip efficiency rate of the Storage Project, expressed as a percentage, calculated pursuant to a Storage Capacity Test in accordance with Exhibit B-1.

Efficiency Rate means the rate calculated pursuant to a Storage Capacity Test by dividing Energy Out by Energy In and which for a given calendar month shall be prorated as necessary if more than one Efficiency Rate applies during such calendar month.