RTE Test definition
Examples of RTE Test in a sentence
The Selected RTE Test is the RTE Test that came closest to satisfying the RTE Performance Metric during the ▇▇▇▇ Measurement Period in question.
If the RTE Ratio for the Selected RTE Test for the ▇▇▇▇ Measurement Period in question is more than 15 percentage points below the RTE Performance Metric for any two ▇▇▇▇ Measurement Periods during a 12-month period, an 18-month cure period (the "RTE Cure Period") will commence on the Day following the close of the second such ▇▇▇▇ Measurement Period.
For each ▇▇▇▇ Measurement Period following the Commercial Operations Date, the ▇▇▇▇ shall be required to complete a RTE Test or otherwise demonstrate satisfaction of the RTE Performance Metric, as more fully set forth in Attachment W (▇▇▇▇ Tests) to this Agreement.
For purposes of the RTE Test, the charging cycle shall begin when the ▇▇▇▇ is at a 0% State of Charge prior to the commencement of the ▇▇▇▇ Capacity Test and the Charging Energy is the amount of energy imported from the grid, as measured at the Point of Interconnection, that brings the ▇▇▇▇ to a 100% State of Charge.
For the purposes of evaluating the RTE Test, the RTE Ratio shall be equal to the number, expressed as a percentage, equal to the total MWh delivered to the Point of Interconnection during the ▇▇▇▇ Capacity Test, divided by the "Charging Energy" measured at the Point of Interconnection.
The RTE Test will be conducted concurrently with the ▇▇▇▇ Capacity Test.
Any ▇▇▇▇ Capacity Test or RTE Test (each a "▇▇▇▇ Test" and collectively, the "▇▇▇▇ Tests"), other than where the ▇▇▇▇ Capacity Performance Metric or RTE Performance Metric, as applicable, is demonstrated by reference to operational data as provided below, shall be performed at a time reasonably requested by the Company in its sole discretion.
At any time prior to conducting the third RTE Test noticed by Company for a ▇▇▇▇ Measurement Period, Seller may demonstrate satisfaction of the RTE Performance Metric by reference to operational data reflecting charging/discharging of the ▇▇▇▇ from the Point of Interconnection during such ▇▇▇▇ Measurement Period.
Seller shall be liable for liquidated damages if: Where: PM = RTE Performance Metric stated as percentage RTE Ratio = RTE Ratio from Selected RTE Test stated as percentage For each percentage point by which the RTE Ratio is below the LDT, Seller shall pay, and Company shall accept, liquidated damages in an amount equal to two-tenths of one percent (0.002) of the ▇▇▇▇ Allocated Portion of the Lump Sum Payment for the ▇▇▇▇ Measurement Period in question.
Except for the RTE Test conducted prior to Commercial Operations, Seller shall, in lieu of conducting a RTE Test, be permitted to demonstrate satisfaction of the RTE Performance Metric by reference to the operational data reflecting the charging/discharging of the ▇▇▇▇ from the Point of Interconnection during such ▇▇▇▇ Measurement Period.