Hourly Standby Fee definition

Hourly Standby Fee means, with respect to a given hour, the result determined from the following table:
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Hourly Standby Fee means, with respect to a given hour, the result determined from the following table: Hourly Rolling EAF Hourly Standby Fee If Hourly Rolling EAF is more than or equal to 85% Hourly Standby Price ($) If Hourly Rolling EAF is less than 85% but more than 35% Hourly Standby Price * [100%-(85%-Hourly Rolling EAF) * 2] ($) If Hourly Rolling EAF is equal to or less than 35% Zero
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Hourly Standby Fee means, with respect to a given hour, the result determined from the following table: Black Start Service Hourly Rolling Availability Factor (BSSHREAF) Hourly Standby Fee If BSSHREAF is more than or equal to 85% Hourly Standby Price ($) If BSSHREAF is less than 85% but more than 35% Hourly Standby Price * [100%-(85%-BSSHREAF) * 2] ($) If BSSHREAF is equal to or less than 35% Zero
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Examples of Hourly Standby Fee in a sentence

  • ERCOT shall pay Participant the Hourly Standby Fee as described below, except as specified otherwise in Section 7 above.

  • If a Black Start Resource does not remain certified, or if it is in default as described in Section 10(A)(2)(e) during the term of this Agreement, then the Hourly Standby Fee is reduced to zero for the remainder of the Full Term, and Participant will be required to refund to ERCOT certain amounts paid by ERCOT under this Agreement during the Full Term as described in the ERCOT Protocols.

  • If a Black Start Resource does not remain certified, or if it is in default as described in Section 10(2)(e) during the term of this Agreement, then the Hourly Standby Fee is reduced to zero for the remainder of the Full Term, and Participant shall refund to ERCOT any amounts paid by ERCOT under this Agreement during the Full Term.


More Definitions of Hourly Standby Fee

Hourly Standby Fee for a RMR Unit means, with respect to a given hour, the result determined from the following table:
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Hourly Standby Fee means, with respect to a given hour, the result determined from the following table: Hourly Rolling EAF Hourly Standby Fee If Hourly Rolling EAF is more than or equal to 85% Hourly Standby Price ($) If Hourly Rolling EAF is less than 85% but more than 35% Hourly Standby Price * [100%-(85%-Hourly Rolling EAF) * 2] ($) If Hourly Rolling EAF is equal to or less than 35% Zero ERCOT shall pay Participant for each successful Instructed Start at the Start Price. “Instructed Start” is the start of the operation of the Designated Unit at ERCOT’s request.
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