Storage Capacity definition

Storage Capacity means any combination of space, injectability and deliverability.

Storage Capacity means the maximum amount of energy that is capable of being stored in a storage device, and shall include, without limitation, any other products that may be developed or evolve from time to time during the Term that relate to the capability of a storage resource to store energy.

Storage Capacity means the entire Storage Available Capacity of the Storage Facility. “Storage Capacity Demonstration Test” means a test of the Storage Facility to demonstrate the maximum Storage Available Capacity based on Energy output, as measured at the Electric Interconnection Point, conducted in accordance with Accepted Industry Practices and the terms and conditions of this Agreement, including Section 3.12 and the procedures set forth in Schedule 3.12.

Examples of Storage Capacity in a sentence

• If the Monthly Storage Availability for such Project during any month is less than the requisite 98% threshold, then Purchaser’s payment for the Discharging Energy and Storage Capacity shall be calculated by reference to the applicable Availability Adjusted Storage Contract Capacity.

• At any time prior to commencement of construction of the Project or during the Project Term, Purchaser may by written request, request that Seller increase the Storage Capacity and Storage Contract Capacity of the Project up to the forecasted energy generated by the Project during an average day in the first January the Project shall be operational.

• Purchaser shall measure Storage Capacity of each Storage Project daily at 4 o’clock PM Pacific Time.

• In accordance with the terms of this Section 4, the actual capacity determined pursuant to a Storage Capacity Test (up to, but not in excess of, the original Storage Contract Capacity set forth on the Cover Sheet) shall become the new Storage Contract Capacity at the beginning of the day following the completion of the test for calculating the monthly payment for the Discharging Energy and Storage Capacity and all other purposes under this Agreement.

• If Seller fails to indicate that it can comply with this request, Purchaser may work with third parties to install and finance the expansion of Storage Capacity and Seller must make commercially reasonable efforts to enable such expansion.

More Definitions of Storage Capacity

Storage Capacity means storage capacity as defined in point 28 of Article 2 of Regulation (EC) No 715/2009;

Storage Capacity means the aggregate capacity of all aboveground storage tanks at a tank facility.

Storage Capacity means Storage Injectability, Storage Space and Storage Deliverability, or any of them, as the context may require;

Storage Capacity means the measurement (expressed in cubic measure) equivalent to the total storage capacity up to the level at which water is ordinarily retained therein.

Storage Capacity means Storage Space, Storage Withdrawal Capacity, and/or Storage Injection Capacity;

Storage Capacity means the Contract Capacity multiplied by the Duration Capability. “Storage Disincentive Lost Net Revenue” has the meaning given to it in Section 1.6(c)(ii). “Storage Market Rule Disincentive” has the meaning given to it in Section 1.6(c)(ii).

Storage Capacity means the total capacity of an AST or a container, whether filled in whole or in part with oil, a mixture of oil, or mixtures of oil with nonhazardous substances, or empty. An AST that has been permanently closed in accordance with this chapter has no storage capacity.