Expected Energy definition

Expected Energy has the meaning set forth in the CAISO Tariff.

Expected Energy means [XXX,XXX] MWh during the first Contract Year and for each Contract Year thereafter during the Delivery Term. [If there is an annual adjustment for degradation, this should be noted.]

Expected Energy means the quantity of Energy that Seller expects to be able to deliver to Buyer from the Facility during each Contract Year in the quantity specified on the Cover Sheet.

Examples of Expected Energy in a sentence

• In addition, if the Parties have agreed that Seller is entitled to the PTC Amount, and the PTC is applicable to the Facility, during the period (not to exceed a total of one hundred twenty (120) consecutive months) in which Seller is receiving PTCs, Buyer shall also pay the PTC Amount for Deemed Delivered Energy until the sum of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred percent (100%) of the Expected Energy for such Contract Year.

• Notwithstanding the foregoing, if, at any point in any Contract Year, the amount of Facility Energy plus the amount of Deemed Delivered Energy exceeds one hundred fifteen percent (115%) of the Expected Energy for such Contract Year, the price to be paid for such additional Facility Energy amounts (but not Deemed Delivered Energy, for which no additional compensation shall be paid) shall be fifty percent (50%) of the Renewable Rate.

• THIS SCOPE WILL BE FINALIZED WITH THE SELECTED FIRM.] System Size (DC kW): System Size (AC kW): System Location: Expected Modules: Expected Energy Expected Inverter: Expected Structure: Point of Interconnection: CONTRACTOR’s entire Proposal is made part of this Agreement.

• Any changes to Appendix 1.2.2, including any changes that result in the Contract Capacity of the Energy Storage System to exceed the Expected Energy Storage System Contract Capacity, shall require Buyer’s written consent in an amendment to be exercised in Buyer’s sole discretion.

• Buyer shall pay Seller the Renewable Rate for each MWh of Adjusted Facility Energy plus Deemed Delivered Energy up to one hundred fifteen percent (115%) of the Expected Energy for each Contract Year.

More Definitions of Expected Energy

Expected Energy. “Expected Energy” means [XXX,XXX] MWh during the first 12-month Contract Year and for each 12-month Contract Year thereafter during the Delivery Term. [If there is an annual adjustment for degradation, this should be noted with a table.] Renewable Rate: The “Renewable Rate” shall be $[XX]/MWh, with no escalation or, if applicable, $[XX]/MWh with escalation at [2% per Contract Year].

Expected Energy means MWh of Net Output per year measured at the Point of Delivery, which is the Seller’s best estimate of the projected long-term average annual Net Output production based upon average wind conditions from the Facility, delivery to the Point of Delivery and the Expected Nameplate Capacity Rating. Seller estimates that the Net Output will be delivered during each calendar year according to the estimates of monthly output set forth in Exhibit A. If at Final Completion the Facility’s Nameplate Capacity Rating is less than the Expected Nameplate Capacity Rating, Expected Energy shall be reduced by MWh per year for each full MW of Nameplate Capacity Rating below the Expected Nameplate Capacity Rating. Seller acknowledges that PacifiCorp will include Expected Energy in PacifiCorp’s resource planning. PacifiCorp acknowledges that wind is a variable resource and that the Facility’s actual annual output of Net Output and Green Tags in the ordinary course in any given year will be subject to variation caused by differences in the actual wind resource at the Facility from year to year.

Expected Energy means the quantity of PV Energy that Seller expects to be able to deliver to Buyer from the Generating Facility during each Contract Year, which for each Contract Year is the quantity specified on the Cover Sheet, which amount shall be adjusted proportionately to the reduction from Guaranteed PV Capacity to Installed PV Capacity pursuant to Section 5(a) of Exhibit B, if applicable.

Expected Energy means, for any Contract Year, the Expected Net Output for such Contract Year as determined in accordance with Exhibit A of this Agreement. If at Final Completion the Facility’s Nameplate Capacity Rating is less than the Expected Nameplate Capacity Rating (but at least equal to or greater than the Required Percentage of the Expected Nameplate Capacity Rating), then the Expected Net Output and the Expected Energy in each Contract Year shall be reduced proportionally for each full MW of Nameplate Capacity Rating below the Expected Nameplate Capacity Rating. Seller acknowledges that PacifiCorp will include the Expected Energy in PacifiCorp’s resource planning.

Expected Energy has the meaning set forth in the CAISO Tariff. “Expected Initial Delivery Date” is the date set forth in Section 2.03.

Expected Energy means the quantity of Facility Energy that Seller expects to be able to deliver to Buyer from the Facility during each Contract Year, which is the quantity specified on the Cover Sheet for each Contract Year.

Expected Energy means [XXX,XXX] MWh during the first 12-month Contract Year and for each 12-month Contract Year thereafter during the Delivery Term. [If there is an annual adjustment for degradation, this should be noted.][Note – not applicable for shaped product.] Hourly Settlement Quantity: [If Seller is providing a shaped product]Hour Ending Hourly Settlement Quantity (MWh) 0100 - 0600 N/A 2300 - 2400 N/A