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.