Minimum Capacity Factor definition

Minimum Capacity Factor means (a) [ ] ([ ]%) for a fixed tilt Facility, or (b) [ ] ([ ]%) for a tracking Facility.
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Minimum Capacity Factor means the Capacity Factor set forth in Schedule 1 used to compute the minimum amount of the Product, for each Billing Period of a Contract Year, the Buyer is obligated to receive and purchase hereunder unless excused by Force Majeure. The Minimum Capacity Factor for a Billing Period during any Contract Year may be adjusted by the Seller for any planned outage of a Buyer’s facility; provided, however, that the Buyer shall remain obligated to purchase the Minimum Quantity during the Contract Year.
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Minimum Capacity Factor. (MCF) has the meaning set forth in Exhibit B.
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Examples of Minimum Capacity Factor in a sentence

  • If the Annual Capacity Factor is less than the Minimum Capacity Factor for any Annual Period, Seller must make necessary adjustments or repairs to the Facility to remedy such deficiency so that the Annual Capacity Factor for the next Annual Period equals or exceeds the Minimum Capacity Factor.

  • The Buyer may, upon proper notification to the Seller and in compliance with all Applicable Laws, instruct the Seller to sell into the Wholesale Electricity Spot Market in any Billing Period, on behalf of the Buyer, some or all of the Minimum Quantity in any Contract Year subject, at all times, to the Contracted Capacity and Minimum Capacity Factor as set forth in Schedule 1.

  • The Annual Capacity Factor is less than the Minimum Capacity Factor for two (2) consecutive Annual Periods.

  • IESO Medium-Term Capacity Contact Draft | November 24, 2021 | Public The Minimum Capacity Factor for an FCF Facility for Settlement Month “m” (or “MCFm”) shall be calculated as follows: MCFm = 0.95 × AMCCm/RSICAPm where: AMCCm is the Adjusted Monthly Contract Capacity for Settlement Month “m”, calculated as follows: AMCCm = MCC × FMCRFm × POCRFm. MCC is the Monthly Contract Capacity for Settlement Month “m”.

Related to Minimum Capacity Factor

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • Available RP Capacity Amount means the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 6.04(a)(i)(D), (a)(ii), (a)(vi), (a)(ix), (a)(xii), (a)(xviii) and (a)(xix) minus the aggregate amount of the Available RP Capacity Amount utilized by Parent or any Restricted Subsidiary to (a) make Investments pursuant to Section 6.06(q)(ii) or (b) make Restricted Debt Payments pursuant to Section 6.04(b)(iv)(B).

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Nameplate Capacity Rating means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 10,000 kW.

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).