NPMV definition

NPMV. The volume of electric energy expressed in kWh, not delivered by the Complex at the Interconnection Point due solely to a Non-Project Event, measured and recorded in the manner provided in Schedule 10, provided, that the generation and delivery of the electric energy shall be resumed as soon as technically possible as per Despatch Instructions upon cessation of the relevant Non-Project Event (except where prevented by another Non-Project Event).
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NPMV. The volume of electric energy expressed in kWh, not delivered by the Facility at the Interconnection Point due solely to a Non-Project Event, calculated and recorded pursuant to the NPMV Protocol.
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NPMV. The volume of Net Delivered Energy not delivered by the Complex measured in hourly intervals due solely to a Non-Project Event, provided, that the Seller has notified the Purchaser of the availability of the Complex to deliver Net Delivered Energy and such availability is not contradicted by data collected through the Anemometry System or the [Complex Monitoring System/SCADA System], provided, further that, (i) the Seller shall be required to maintain operating logs / other records [through Complex Monitoring System/SCADA System] at [ten (10) minute] intervals of Non-Project Events preventing the Complex from generation and delivery of Net Delivered Energy for each relevant hour and, (ii) the generation and delivery of the Net Delivered Energy shall be resumed forthwith upon cessation of the relevant Non-Project Event (except where prevented by another Non-Project Event);
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Examples of NPMV in a sentence

  • In the event the Net Delivered Energy delivered by the Seller is in excess of the forecasted energy notified under the Hourly Availability Notice for reasons other than the change in availability of the Arrays and WTGs, then the Purchaser shall be required to accept such excess Net Delivered Energy or make payment as NPMV for the excess Net Delivered Energy not accepted by the Purchaser in accordance with Section 9 of this Agreement read with Schedule 1.

  • If in any Agreement Year the sum of the Net Electrical Output and NPMV (in kWh) is less than seventy percent (70%) of the Guaranteed Annual Net Energy for that Agreement Year (unless such shortfall is attributable to breach or default by the Purchaser of its obligations hereunder), then Seller shall be in Default of this Agreement under Section 16.1(a).