Round-Trip Efficiency definition
Examples of Round-Trip Efficiency in a sentence
During the Delivery Term, Seller shall maintain the Storage Facility with a Round-Trip Efficiency not less than the applicable guaranteed Round-Trip Efficiency amount set forth on Appendix D (the “Guaranteed Round-Trip Efficiency”).
During the Delivery Term, Seller shall maintain the Storage Facility with an Actual Round-Trip Efficiency greater than the Guaranteed Round- Trip Efficiency values set forth in Exhibit P.
The Project will be designed for the following levels of reliability and availability (excluding in each case planned maintenance outages in accordance with the ESSA): 98% availability for all 15-minute intervals in a calendar quarter (Guaranteed Availability); 100% of the Contract Capacity (Guaranteed Capacity); 80% round-trip efficiency (Guaranteed Round-Trip Efficiency); and 10% minimum Ramp Up Rate and Ramp Down Rate of the Contract Capacity per minute.
Owner guarantees the Project will maintain Round-Trip Efficiency not less than [xx.x]% (“Guaranteed Round-Trip Efficiency”) for the Contract Term, as measured in the Storage Rating Tests described in Exhibit C.
Following the expiration of up to 24 hours after the end of such charging, the Scheduling Coordinator for the Project shall schedule the Project for discharging, at the Contract Capacity in an amount equal to the product of Charging Energytest multiplied by the Guaranteed Round-Trip Efficiency Rate.
In dispatching the Project, Buyer, as Scheduling Coordinator for the Project, shall assume a Round-Trip Efficiency Rate equal to the then most-recent Tested Round-Trip Efficiency Rate.
Calculation of Round-Trip Efficiency shall be as per the methodology specified in RfS.
Liquidated damages shall apply to each of Guaranteed Availability, Guaranteed Capacity, and Guaranteed Round-Trip Efficiency as follows: Guaranteed Availability.
The Commercial Operation Test shall establish the initial level of Contract Capacity and Tested Round-Trip Efficiency Rate for purposes of calculating the Monthly Capacity Payment under Section 9.2.
Storage Rating Test Sequencing: Storage Capacity Rating Test and Round-Trip Efficiency Test: STEP 1: Precharging Storage prior to Storage Capacity Rating Test.