XXXX Annual Equivalent Availability Factor definition

XXXX Annual Equivalent Availability Factor. Shall be as described in Attachment X (XXXX Annual Equivalent Availability Factor) to this Agreement.
XXXX Annual Equivalent Availability Factor shall be calculated as follows: XXXX Annual Equivalent Availability Factor = Where: PH is period hours (8760 hours; except leap year is 8784) minus ExcludedTime. Available Hours (AH) is the number of hours that the XXXX is not on Outage. It is sum of all Service Hours (SH) + Reserve Shutdown Hours (RSH). An "Outage" exists whenever the entire XXXX is offline and unable to charge or discharge electric energy and is not in Reserve Shutdown state. Service Hours (SH) is the number of hours during the LD Period the XXXX is online and (i) charging from the PV System or (ii) discharging electric energy to the Company System. Reserve Shutdown Hours (RSH) is the number of hours the XXXX is available but not charging or discharging electric energy or is offline for reasons other than Seller-Attributable Non-Generation. EPDH is the equivalent planned derated hours, including Planned Derations (PD) and Maintenance Derations (D4). A Planned Deration is when the XXXX experiences a Deration scheduled well in advance and for a predetermined duration. A Maintenance Deration is a Deration that can be deferred beyond the end of the next weekend (Sunday at midnight or before Sunday turns into Monday) but requires a reduction in capacity before the next Planned Deration (PD). Each individual Deration is transformed into equivalent full outage hour(s) by multiplying the actual duration of the Deration (hours) by (i) the size of the reduction (MW) divided by (ii) Maximum Rated Output. These equivalent hour(s) are then summed. EUDH is the equivalent unplanned derated hours. An Unplanned Deration (Forced Derating) occurs when the XXXX experiences a Deration that requires a reduction in availability before the end of the nearest following weekend. Unplanned Derations include only those due to Seller-Attributable Non-Generation or those by Company pursuant to Section 8.3 (Company Rights of Dispatch). Each individual Unplanned Deration is transformed into equivalent full outage hour(s) by multiplying the actual duration of the Deration (hours) by (i) the size of the reduction (MW) divided by (ii) the Maximum Rated Output. These equivalent hour(s) are then summed.

Examples of XXXX Annual Equivalent Availability Factor in a sentence

  • For each XXXX Measurement Period following the Commercial Operations Date, a XXXX Annual Equivalent Availability Factor shall be calculated as set forth in Attachment X (XXXX Annual Equivalent Availability Factor).

  • For the purposes of calculating the XXXX Annual Equivalent Availability Factor for the first three (3) full XXXX Measurement Periods in the first Contract Year, the calculation will assume that the XXXX is one hundred percent (100%) available for the remaining hours of the Contract Year.

  • AH (A) EPDH (B) EUDH (C) PH (D) XXXX Annual Equivalent Availability Factor 100% x (A – B – C)/D Enter the information for each Forced Outage during the reporting period.

  • For purposes of determining liquidated damages under this Section 2.8(a) (XXXX Annual Equivalent Availability Factor and Liquidated Damages), the XXXX Annual Equivalent Availability Factor for the XXXX Measurement Period in question shall be rounded to the nearest one-tenth of one percent (0.001).

  • For purposes of determining liquidated damages under this Section 2.9(a) (XXXX Annual Equivalent Availability Factor and Liquidated Damages), the XXXX Annual Equivalent Availability Factor for the XXXX Measurement Period in question shall be rounded to the nearest one-tenth of one percent (0.001).

  • In the event Seller fails to pay Company amounts of liquidated damages due under this Section 2.9(a) (XXXX Annual Equivalent Availability Factor and Liquidated Damages) within thirty (30) Days of receipt of Company's written demand, Company may, without limitation to any other remedy Company may have, set-off such amounts due against payments it is otherwise obligated to make under this Agreement.

  • In the event Seller fails to pay Company amounts of liquidated damages due under this Section 2.8(a) (XXXX Annual Equivalent Availability Factor and Liquidated Damages) within thirty (30) Days of receipt of Company's written demand, Company may, without limitation to any other remedy Company may have, set-off such amounts due against payments it is otherwise obligated to make under this Agreement.

  • AH (A) EPDH (B) EUDH (C) PH (D) XXXX Annual Equivalent Availability Factor 100% x (A – B – C) ÷ D Enter the information for each Forced Outage during the reporting period.

  • In the event Subscriber Organization fails to pay Company amounts of liquidated damages due under this Section 2.8(a) (XXXX Annual Equivalent Availability Factor and Liquidated Damages) within thirty (30) Days of receipt of Company's written demand, Company may, without limitation to any other remedy Company may have, set-off such amounts due against payments it is otherwise obligated to make under this Agreement.

  • For purposes of determining liquidated damages under this Section 2.8(a) (XXXX Annual Equivalent Availability Factor and Liquidated Damages), the XXXX Annual Equivalent Availability Factor for the XXXX Measurement Period in question shall be rounded to the nearest one- tenth of one percent (0.001).

Related to XXXX Annual Equivalent Availability Factor

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  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the Facility Usage on such day, and the denominator of which is the Borrowing Base in effect on such day.

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