Excess Energy definition

Excess Energy has the meaning set forth in Section 4.5(a)(i). [For As-Available Product only]

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Excess Energy. If during any settlement interval, the Delivered Energy is greater than the Guaranteed Capacity (“Excess Energy”), then the price paid by Buyer for the Excess Energy shall be Zero dollars ($0). If the real-time locational marginal price (as defined by the CAISO) at the Delivery Point is negative for a settlement interval with Excess Energy, Seller shall pay Buyer an amount equal to the product of (i) the absolute value of the Delivery Point LMP, and (ii) Excess Energy.

Excess Energy means Delivered Energy Quantity in excess of [110%] of the Guaranteed Output Threshold.

Examples of Excess Energy in a sentence

• CONTRACTOR warrants that the proposal submitted by it and CONTRACTOR'S Best and Final Offer are in full compliance with the Request for Proposal issued by PVTA.

• For the avoidance of doubt, Excess Energy shall not include any Surplus Delivered Energy; and “Delivered Energy”excludes Surplus Delivered Energy, for which Seller will receive no compensation.

• Buyer shall have the right to order Seller to curtail deliveries of Facility Energy, provided that Buyer shall pay Seller for all Deemed Delivered Energy associated with such Buyer-directed curtailments in excess of the Curtailment Cap at the Contract Price, subject to the Annual Excess Energy provisions.

• The Parties acknowledge that the Excess Energy Price is subject to change by MH without notice.

• Custody, control, risk of loss and title to Excess Energy shall pass from the Seller to MH at the Delivery Point.

More Definitions of Excess Energy

Excess Energy means, in any hour during the Energy Delivery Period, the amount of Delivered Energy that exceeds the Hourly Limit.

Excess Energy shall have the definition set forth in the Power Purchase Agreement.

Excess Energy means the energy that flows onto the Company’s distribution system and is measured in kWh.

Excess Energy means, for a hybrid Facility, any energy that can be made available by the Facility, for any given hour, in excess of the energy that can be generated by the Facility operating at 100% of Dependable Capacity due to the spare capacity of the Fossil Fuel Fired Component that is available during the periods when the Renewable Component is capable of generating rernewable energy.

Excess Energy has the meaning set forth in Section 5.3.

Excess Energy means, in any Contract Year, Facility Energy delivered in excess of one hundred twenty percent (120%) of the Annual Contract Quantity for such Contract Year, which deliveries shall be verified in invoices provided by Seller as set forth in Section 11.2(a)(i).

Excess Energy means the portion of the Delivered Energy for any Contract Year that is (i) Project Energy and (ii) in excess of the Guaranteed Generation for such Contract Year.