Energy Value definition

Energy Value means the energy value calculated using the AURORA model and the same methodologies and assumptions described in the Integrated Resource Plan (IRP) or IRP update, at the time the resource contract is executed.
Energy Value means in relation to a quantity of petroleum product the thermal energy value equivalent of that quantity in joules calculated in accordance with good industry practice;
Energy Value means an actual value, a deemed actual value, an estimated value or a substituted value, as applicable.

Examples of Energy Value in a sentence

  • Seller shall have one year in which to cure the default during which time the Seller shall pay PGE damages equal to the Lost Energy Value.

  • On or before the thirtieth (30th) day following the end of each Contract Year, PGE shall ▇▇▇▇ for any Lost Energy Value accrued pursuant to this Agreement.

  • Energy Value shall be the cost that a buying Company avoids by reducing the generation of Energy from its Company Operating Capability or by reducing its purchase of Energy from others.

  • The incremental energy value will be calculated as follows: Incremental Energy Value = (revenue from ancillary services) plus (revenue from the sale of surplus energy (curtailed energy)) plus (settlement value of energy swaps used for hedging) minus (BOV for curtailed MWs) minus (cost of repurchasing any energy to reload in real-time) minus (applicable TDU fees).

  • As damages for Seller’s failure to deliver the Minimum Net Output (subject to adjustment for reasons of Force Majeure as provided in Section 4.2) in any Contract Year, notwithstanding any other provision of this Agreement, the purchase price payable by PGE for future deliveries shall be reduced until Lost Energy Value is recovered.


More Definitions of Energy Value

Energy Value means the energy value calculated using the AURORA model and the same methodologies described in the Integrated Resource Plan (IRP), updated with current assumptions.
Energy Value means energy expressed in kilojoules set out opposite and in relation to each of the following dietary sources -
Energy Value means: (i) for recovery boiler #1, the number of MMBTU’s per 1,000 pounds of 600 pound steam generated in the boiler, which is 1.203, and (ii) for recovery boiler #2, the number of MMBTU’s per 1,000 pounds of 1,500 pound steam generated in the boiler, which is 1.168.
Energy Value means in relation to a quantity of petroleum product the thermal energy value equivalent of that quantity in joules calculated in accordance with good industry practice. Fields Area Domgas has the meaning given in the WB DCA. Fields Area Domgas Commitment has the meaning given in the WB DCA.
Energy Value. (“gwerth egni”) means the energy value of a feeding stuff calculated in accordance with the relevant method specified in Schedule 1;
Energy Value means the marginal cost of energy, calculated on a
Energy Value means in relation to a quantity of petroleum