Unit Heat Rate definition

Unit Heat Rate means the Btu of fuel per kilowatt hour of gross generation.
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Unit Heat Rate means, with respect to a Unit, the ratio of the rate of fuel energy conversion based upon higher heating value fuel to electrical energy output at the high side of the main transformer.
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Unit Heat Rate means in relation to a Generating Unit, the factor (in GJ/kWh) used to calculate the Nominal Fuel Price for the Generating Unit as agreed or determined under paragraph 2.3 and Section 2 of Schedule 5;
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Examples of Unit Heat Rate in a sentence

  • The Net Unit Heat Rate Test results will be considered the numerical average of the consistent individual tests for each condition.

  • The Avoided Unit Energy Cost, in cents per kilowatt - hour (¢/kWh) shall be defined as the product of (a) the Avoided Unit Fuel Cost and (b) the Avoided Unit Heat Rate; plus (c) the Avoided Unit Variable O&M.

  • The Unit Power Output Test, and Unit Heat Rate Test, the Maximum Unit Power Output Test and the Auxiliary Load Test (herein referred to as "Performance Tests") shall be conducted by Contractor to demonstrate that the respective performance guarantees are met.

  • The Commercial Tolerance Bands for Unit Power Output and Unit Heat Rate are based on the assumed accuracies of the Owner's electrical meter and the fuel supply meter as defined Section 2.1.

  • Contractor further agrees that if a Unit does not achieve the Net Unit Heat Rate Guarantee, as calculated in accordance with Exhibit I-2, Contractor shall pay liquidated damages to Owner in the amount of *** Dollars ($***) per Btu/kilowatt hour for each Btu/kilowatt hour by which such Unit exceeds the Net Unit Heat Rate Guarantee.

  • Preliminary results for the Unit Heat Rate Test shall be based on fuel characteristics obtained from samples taken prior to such tests, Contractor shall provide a formal Acceptance Test Report promptly but no later than 14 days following the completion of such tests.

  • During the Unit Heat Rate Test, a minimum of three (3) gas fuel samples per hour shall be taken for chromatographic analysis as per ASTM D 1945.

  • Unit Power Output (for both the Unit Power Output Test, and the Maximum Unit Power Output Test) and Unit Heat Rate for each Unit shall be the average of results from the four one-hour test periods.

  • Contractor and Owner shall document the adjusted Net Unit Capacity Guarantees and Net Unit Heat Rate Guarantees in writing, which shall be signed by duly authorized representatives of both such Parties.

  • A test result for Unit Heat Rate that is within plus or minus 1.0 percent of the applicable guaranteed Unit Net Heat Rate as set out in Section 6 of the Second Schedule (Operating Parameters) shall be deemed to indicate exact compliance with such guaranteed Unit Net Heat Rate.

Related to Unit Heat Rate

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Adjusted Interest Rate means, with respect to any Reset Transaction, the rate per annum that is the arithmetic average of the rates quoted by two Reference Dealers selected by the Company or its successor as the rate at which interest on the Securities should accrue so that the fair market value, expressed in dollars, of a Security immediately after the later of:

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Adjusted Net Mortgage Interest Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Interest Rate less the Expense Fee Rate.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.