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) and Exhibit C if the Generating Facility is a New Qualifying Facility or, as set forth in Section 5.2.4.4 of the Settlement Agreement, an Existing Qualifying 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.

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).

Examples of Firm Contract Capacity in a sentence

• A Firm Contract Capacity amount, designated by Seller and approved by Buyer, that represents a Power Output that the Generating Facility can achieve during all hours of the entire Term while conforming with Prudent Electrical Practices.

• Contract capacity is as set forth in the following table: Firm Contract Capacity, As-Available Contract Capacity and Net Contract Capacity are subject to adjustment in accordance with Exhibit C.

• The Allowed Firm Energy is calculated as follows: ALLOWED FIRM ENERGY in kWh = 1 hour x FCC Where: FCC = The Firm Contract Capacity set forth in Section 1.02(d).

• The As-Available Capacity for each TOD Period of each month is calculated as follows: AS-AVAILABLE CAPACITY, in kWh per hour = MAC - FCC Where: MAC = The Maximum Allowable 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.

• The Maximum Firm Capacity Payment for each TOD Period of each month is calculated as follows: MAXIMUM FIRM CAPACITY PAYMENT, in dollars = FCC x CP Where:FCC = The Firm Contract Capacity for all TOD Periods during a month is the amount in Section 1.02(d), in kWh per hour.CP = Firm Capacity Price set forth in Section 1.06(a), in $/kW-year.

• The Capacity Demonstration Factor is calculated as follows: CAPACITY DEMONSTRATION FACTOR = A / (B x C) Where A = The number of Capacity Measurement Intervals during the test period when the Power Output equals or exceeds the Firm Contract Capacity specified in Section 1.02(d).

• The Generating Facility shall be deemed to have satisfied the Six-Hour Demonstration if the Demonstration Rate of Metered Energy in each and every Metering Interval during the six-hour period equals or exceeds the Firm Contract Capacity set forth in Section 1.02(d).

• If the Generating Facility passes both the 20-Day Demonstration and the Six- Hour Demonstration, the Demonstrated Firm Contract Capacity shall be deemed to be equal to the Firm Contract Capacity in Section 1.02(d).

• If, during the second Demonstration, the Generating Facility fails to Demonstrate the Firm Contract Capacity during either the 20-Day Demonstration or the Six- Hour Demonstration due to an abnormal and unforeseeable operating condition, as verified and determined in Buyer’s sole judgment, one additional and final Demonstration may be scheduled.

• In all instances, the Firm Contract Capacity for Seller shall either (1) be reduced pursuant to the applicable Demonstration(s), or (2) increased pursuant to the applicable Demonstration(s), provided that such increase may not exceed the limits for Firm Contract Capacity set forth in Section 1.02(d).

More Definitions of Firm Contract Capacity

Firm Contract Capacity. , or “FCC”, means the 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 from time to time in accordance with 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 from time to time in accordance with Section 3.07(c) and, if the Generating Facility is a New Qualifying Facility, Exhibit C.