Examples of Baseline Energy in a sentence
For purposes of billing, the methodology used in the Operating Procedures provided for under subsection 2.2(f) of the Power Contract to calculate Unscheduled Energy shall apply to the power taken under this Confirmation such that all such energy shall be treated as Baseline Energy for purposes of such calculation.
Subject to the other provisions of this Contract, TVA shall make available and sell, and USEC shall purchase, Firm Baseline Energy and Interruptible Baseline Energy in the quantities set out below on an hourly basis, twenty-four (24) hours per day and seven (7) days per week throughout the term of this Contract.
Xxxxxxx Executive Vice President Customer Service and Marketing EXHIBIT A BASELINE ENERGY JUNE 1, 2006, THROUGH MAY 31, 2007 (TOTAL OF FIRM AND INTERRUPTIBLE BASELINE ENERGY IN MW)* 2006 2007 January 1,550 February 1,525 March 1,540 April 1,540 May 1,400 June 300 July 300 August 300 September 1,450 October 1,560 November 1,600 December 1,590 * The monthly MW amounts shall be multiplied by the number of hours in that month to determine the required quantities of Baseline Energy.
Of each monthly amount, 300 MW would continue to be Firm Baseline Energy and any remaining amount would be Interruptible Baseline Energy, as provided in the 2000 Contract.
The Baseline Energy Prices as set forth in section 3 above of this agreement are subject to the TVA Fuel Cost Adjustment (FCA) as calculated under Exhibit B, attached hereto and hereby incorporated herein.
It is expressly recognized that for the purposes of any calculation of a Fuel Cost Adjustment (FCA) true-up (TUm), the Additional Energy amounts taken by USEC that are priced at *****/MWh, plus FCA, shall be treated as Baseline Energy.
Further, a price of *****/MWh shall apply to any Excess Baseline Energy (as defined in the Operating Procedures) taken by USEC during any month of the Supply Period.
The parties intend that such Baseline Energy Consumption shall be conclusive and, except for material error or misrepresentation with respect to the Baseline Operating Practices, each hereby waives any objections to same, whether now existing or hereafter arising.
By March 1, 2001, USEC and TVA shall agree on a methodology to establish what the high and low range of market value is for the remaining Baseline Energy under Period One (this could include seeking a third party estimate).
The FCA shall mean the per-MWh amount by which the Baseline Energy Prices under section 3 above of this agreement are increased or decreased from time to time in accordance with the formula designed to reflect changes in TVA’s fuel costs, purchased power costs, and related costs as shown in Exhibit B.