Battery Energy Storage System. The operating parameters of the ▇▇▇▇ for facilities with paired storage shall be as follows: (i) For facilities with variable energy and paired storage: The ▇▇▇▇ shall directly charge storage from the variable resource when the Company Active Power Dispatch is for less than the available resource energy. (ii) No more than [___]% of the ▇▇▇▇ energy capacity can be charged from the grid prior to the fifth anniversary of the Commercial Operations Date. Thereafter, 100% of the ▇▇▇▇ energy capacity can be charged from the grid. [DRAFTING NOTE: 5-YEAR LIMITATION ON GRID CHARGING WILL BE DELETED IF INVESTMENT TAX CREDIT RECAPTURE IS NOT APPLICABLE TO THE ▇▇▇▇] (iii) The ▇▇▇▇ will not be required to discharge more energy than available relative to the available state of charge.
Appears in 2 contracts
Sources: Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement