Energy Payment definition
Examples of Energy Payment in a sentence
In addition, if compliance with the Dispatch Notice causes reduction of a market regulation transaction, the CAISO shall also pay the Owner the product of the Regulation Energy Payment Adjustment (REPA) amount, if applicable, and the MW of Regulation which Owner had scheduled but is unable to provide because of its compliance with the Dispatch Notice.
B = Energy Payment Allocation Factor, set forth in Exhibit K, for the ▇▇▇ Period being calculated.
Each monthly ▇▇▇ Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the ▇▇▇ Period being calculated: ▇▇▇ PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price in $/kWh (i.e., ($/MWh)/1000).
Commencing on the Commercial Operations Date, in exchange for the electric energy delivered to the Point of Interconnection in response to Company Dispatch, Seller will be paid an Energy Payment on a monthly basis as provided in Section 1 (Price for Purchase of Electric Energy) of Attachment J (Company Payments for Energy, Dispatchability and Availability of ▇▇▇▇) to this Agreement.
Such electrical energy provided by BPDB shall be netted off against the Net Energy Output for the purpose of calculating the Energy Payment pursuant to Section 13.