Examples of Surplus Delivered Energy in a sentence
In no event shall Buyer be obligated to receive, in any Settlement Interval, any Surplus Delivered Energy.
Seller shall not receive payment for any Surplus Delivered Energy.
To the extent Seller delivers Surplus Delivered Energy to the Delivery Point in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy (in MWh) during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.
For the avoidance of doubt, Seller shall not be compensated for any Surplus Delivered Energy.
Buyer shall pay Seller the Contract Price for the Product Seller would have been able to deliver but for the fact that Buyer issued a Curtailment Order (“Paid Curtailed Product”); provided, Buyer shall have no obligation to pay Seller the Contract Price for any Product that, if delivered would have been Surplus Delivered Energy, and any such Product shall not be Paid Curtailed Product.
Per the PPA, PG&E will not compensate for Surplus Delivered Energy (i.e., the delivered energy that exceeds the product of 100% of Contract Capacity).
If during any Settlement Interval, Delivered Energy exceeds the Payment Limit for that Settlement Interval (“Surplus Delivered Energy”), then the Contract Price for any Surplus Delivered Energy in excess of the Payment Limit shall be adjusted to be zero dollars ($0) per kWh for that Settlement Interval, and if there ia Negative LMP during such Settlement Interval, Seller shall pay to Buyer an amount equal to the absolute value of the Negative LMP times such Surplus Delivered Energy (“Negative LMP Costs”).
Section 2.6.2 as submitted February 9, 2015 provides: In no event shall Buyer be obligated to receive or pay for, in any Settlement Interval, any Delivered Energy that exceeds one hundred percent (100%) of Contract Capacity (“Surplus Delivered Energy”), and Seller shall not receive payment for such Surplus Delivered Energy.
To the extent Seller delivers such Surplus Delivered Energy in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.
Excess Delivered Energy Pricehour = the lesser of ([75% x Contract Price x TOD Factor] OR DA Pricehour) Excess Deemed Delivered Energy Pricehour = the lesser of ([75% x Deemed Delivered Energy Pricehour x TOD Factor] OR DA Pricehour ) For the avoidance of doubt, Excess Energy shall not include any Surplus Delivered Energy.