Equivalent Availability Factor definition

Equivalent Availability Factor has the meaning set forth in Appendix 9.2.
View Source
Equivalent Availability Factor or "EAF" means the equivalent availability factor for the Portfolio Units, computed in accordance with North American Electric Reliability Council definitions at the end of each month on a rolling 12 month basis; provided, however, that for Contract Year 1, the EAF will be -------- ------- computed based on availability commencing January 1, 2001.
View Source
Equivalent Availability Factor means the amount determined in accordance with section 4.3.
View Source

Examples of Equivalent Availability Factor in a sentence

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

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

  • If the ▇▇▇▇ Annual Equivalent Availability Factor for such ▇▇▇▇ Measurement Period is less than 97% (the "▇▇▇▇ EAF Performance Metric"), Seller shall pay, and Company shall accept, as liquidated damages for such shortfall, the amount set forth in the following table (on a progressive basis) upon proper demand at the end the current ▇▇▇▇ Measurement Period: Such liquidated damages shall be due within thirty (30) Days after the first to occur of the end of such ▇▇▇▇ Measurement Period or the end of Term.

  • Assume the monthly Lump Sum Payment is $1,000,000 and the PV System Equivalent Availability Factor is 96.9% as calculated in the example in Section 2.5(a) (Calculation of the PV System Equivalent Availability Factor) above.

  • The following is an example calculation of liquidated damages for the PV System Equivalent Availability Factor Performance Metric and is included for illustrative purposes only.


More Definitions of Equivalent Availability Factor

Equivalent Availability Factor or “EAF” has the meaning set forth in Section 4.1(b).]
View Source
Equivalent Availability Factor means the amount determined in accordance with section 4.3 of Schedule 1 (“Support terms”). Equivalent Availability Threshold means 90%.
View Source
Equivalent Availability Factor means the ratio of hours the Facility is available for power generation at Project Capacity to the number of hours in a particular calendar month. The removal or derating of any operational component which would limit the ability to generate at Plant Capacity to the Delivery Point shall be considered Unavailable. An example of how Equivalent Availability Factor is calculated is attached as Exhibit D.
View Source
Equivalent Availability Factor shall have the meaning set forth in Exhibit L.
View Source
Equivalent Availability Factor has the meaning given in item 5.5 of Schedule 2 (“Annuity Product terms”).
View Source
Equivalent Availability Factor or "EAF" means the fraction of a given operating period in which a generating unit is available without any outages and equipment or seasonal deratings.
View Source
Equivalent Availability Factor. The ratio (in percent) calculated in accordance with the formula, terms and concepts defined by NERC GADS, as set forth in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS), based on the Net Maximum Capacity of the Facility, unless otherwise defined in this Agreement.
View Source