Net Generating Capability definition
Examples of Net Generating Capability in a sentence
It is further recognized that at times of testing, or in the case of a system emergency or where requested by a Lessee/Owner Party that foresees or has implemented firm-load-obligation interruptions after taking all other prudent actions to avoid such interruptions, it may become necessary or appropriate to operate the Unit for short periods of time (generally not to exceed four hours) above its Net Generating Capability.
The Operating Agent will notify all Parties, by 7:00 AM of the last Energy Scheduling Business Day prior to the date in which a schedule is to begin, of the expected Available Net Generating Capability for each hour during the date(s) covered by the schedule.
The Operator shall notify each Project User as promptly as practicable of the new Net Generating Capability or of any change in operating limits.
Operation of the Unit above its Net Generating Capability may be requested by a Lessee/Owner Party only in accordance with Section 6.3. Except as provided in Section 6.3, the maximum amount of energy during any hour that may be Scheduled by any Lessee/Owner Party from the Unit at the Point of Delivery shall be its respective Pro Rata Share of the Unit’s Available Net Generating Capability during that hour.
The output available from the Unit (i.e., its Available Net Generating Capability) shall be limited only by scheduled outages, curtailments, Operating Emergencies, derates, operating constraints (e.g., start-up time and ramp rates), and, when necessary, for testing purposes.
Unless otherwise agreed among the Project Users, actual generation in any hour shall be apportioned among the respective Project Users in proportion to the respective Project Share of the Project Users; provided, however, that, unless agreed by all Project Users, no Project -------- ------- User shall be entitled to receive deliveries of energy in excess of its Project Share of the Net Generating Capability.
It is the intent of the Parties that ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇ will be operated within the parameters recommended by the manufacturers of the Unit in order to maximize the useful life of ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇ and preserve its ability to operate as a high-availability base-load power supply resource and to avoid high maintenance costs that may be incurred due to operation of the Unit above its Net Generating Capability.
Using this methodology, each Party initially would be allocated BTUs for its share of energy received by using the heat rate curve of the Unit and the Party’s hourly loading of (i.e., hourly energy received from) its share of the Unit’s Available Net Generating Capability to make an initial calculation of such BTU allocation.
The Operating Agent shall keep the Lessee/Owner Parties advised, through simultaneous communications, of the Available Net Generating Capability and the ancillary services capability, and of any increase or decrease in the Available Net Generating Capability that will or may occur, or any known or suspected conditions that could cause such change.
Each Lessee/Owner Party shall own its Pro Rata Share of the Net Generating Capability of Elm Road Unit 2, plus its Pro Rata Share of any additional capacity or energy which may be obtainable from the Unit.