Firm Contract Capacity definition

Firm Contract Capacity. , or “FCC”, means the monthly generating capacity that Seller commits to have available at the Site for the Power Product, as set forth in Section 1.02(d) and as may be adjusted in accordance with Section 3.07(c) and Exhibit C if the Generating Facility is a New CHP Facility, an Expanded CHP Facility, a Repowered CHP Facility, or, as set forth in Section 5.2.4.4 of the Settlement Agreement, an Existing CHP Facility that is Operating in California but that has never entered into an agreement for the purchase and sale of electric energy with Buyer or any other California investor-owned utility.Exhibit C.
Firm Contract Capacity. , or “FCC”, means the monthly generating capacity that Seller commits to have available at the Site for the Power Product, as set forth in Section 1.02(d), as may be adjusted in accordance with Section 3.07(c).
Firm Contract Capacity. , or “FCC”, means the monthly generating capacity that Seller commits to have available at the Site for the Power Product, as set forth in Section 1.02(d) and as may be adjusted in accordance with Section 3.07(c) and Exhibit C if the Generating Facility is a New CHP Facility, an Expanded CHP Facility, a Repowered CHP Facility, or, as set forth in Section

Examples of Firm Contract Capacity in a sentence

The results of the Capacity Demonstration Test set forth in this Exhibit C will be used (i) to verify and adjust as necessary the Firm Contract Capacity set forth in Section 1.02(d), and (ii) to determine the Reportable Capacity, as further described in Section 10 of Exhibit C.

The As-Available Capacity for each TOD Period of each month is calculated as follows: AS-AVAILABLE CAPACITY, in kWh per hour = MAC – FCC (but not less than zero) Where:MAC = The Maximum Allowed Capacity for the TOD Period as determined in Section 3(d) in this Exhibit D, in kWh per hour.FCC = The Firm Contract Capacity for all TOD Periods during a month.

As further described in Exhibit D, if the Generating Facility elects to provide Firm Contract Capacity, then the Generating Facility must have a minimum Firm Contract Capacity performance requirement of 95% to earn the Maximum Firm Capacity Payment and a minimum Capacity Performance Requirement of 60% to earn any portion of the Maximum Firm Capacity Payment.

If a (non-zero) Firm Contract Capacity quantity is applicable to this Agreement, then this Section 3 applies to Seller.

For each hour in the Curtailment Period, an Hourly Credit Value shall be calculated using following formula: Hourly Credit Value = ( Delta / Firm Contract Capacity ) * 1 hour where Delta is the greater of: Benchmark Capacity minus Hourly Power Output or zero In case of division by zero, the value being calculated shall be zero.


More Definitions of Firm Contract Capacity

Firm Contract Capacity. , “FCC” means the generating capacity that Seller commits to have available at the Site for the Power Product, as set forth in Section 1.03(a)(i), which may be reduced as a result of the Demonstration.