Accredited UCAP definition

Accredited UCAP means the quantity of Unforced Capacity, as denominated in Effective UCAP, that an ELCC Resource is capable of providing in a given Delivery Year.
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Accredited UCAP means the quantity of Unforced Capacity, as denominated in Effective UCAP that an ELCC Resource is capable of providing in a given Delivery Year.” See RAA Article 1 – Definitions.
Sample 1

Examples of Accredited UCAP in a sentence

  • Generating units that are expected to only offer or otherwise provide a portion of their Accredited UCAP for that Delivery Year are represented in the analysis in proportion to the expected quantity offered or delivered divided by the Accredited UCAP.

  • We do not find persuasive AES’ arguments that the filing is unjust and unreasonable because it could reduce a resource’s Accredited UCAP below its interconnection rights.

  • For any Delivery Year for which a final ELCC Class Rating has not been posted and a preliminary ELCC Class Rating has been posted, the Accredited UCAP of an ELCC Resource for such Delivery Year shall be based on the most recent preliminary ELCC Class Rating value for that Delivery Year, together with the most recently calculated ELCC Resource Performance Adjustment value for that ELCC Resource.

  • Such ELCC Resource shall not be permitted to offer or otherwise provide capacity above such Accredited UCAP values until the Office of the Interconnection determines new Accredited UCAP values for such resource.Generation Capacity Resource Providers of ELCC Resources that are hydropower plants with water storage must provide documentation to support the physical parameters provided for expected load carrying capability analysis modeling, as specified in the PJM Manuals.

  • Accredited UCAP helps determine the maximum level (leaving aside auction clearing prices and possible Capacity Performance bonuses) of compensation a Capacity Resource Seller can receive for committing its Capacity Resource to the resource adequacy needs of the PJM Region.

  • For example, a wind farm with a 100 MW MFO might have an Accredited Unforced Capacity (“UCAP”) of only 13 MW, and so would only be required (and allowed) to hold 13 MW of CIRs. PJM’s proposed ELCC analysis is based on a facility’s MFO, raising a concern that an ELCC resource’s Accredited UCAP is based in part on the supply studied on the transmission system at the CIR level.

  • The purpose of the transition mechanism is to provide a lower bound on the variability of the Class Rating values that are used to calculate Accredited UCAP values, without producing direct financial impacts to load or to Unlimited Resources.

  • This demonstrates that the question of whether CIRs will override Accredited UCAP is an empirical question, and so cannot be dismissed as moot.

  • Because the ELCC method can change an ELCC Resource’s Accredited UCAP each year, the maximum capacity commitment for which the resource seller can be compensated will change (perhaps significantly) from year to year.

  • Insmed, a Richmond-based company, is the producer of the new drug called IPLEX which has been shown to help patients with ALS.

Related to Accredited UCAP

  • Accredited Investor has the meaning set forth in Regulation D promulgated under the Securities Act.

  • Accredited means approved by the:

  • Accredited institution means an institution of higher education accredited by a regional accrediting agency recognized by the United States Department of Education.

  • accredited laboratory means an analytical facility accredited by the Standards Council of Canada (SCC), or accredited by another accrediting agency recognized by Manitoba Conservation and Climate to be equivalent to the SCC, or be able to demonstrate, upon request, that it has the quality assurance/quality control (QA/QC) procedures in place equivalent to accreditation based on the international standard ISO/IEC 17025, or otherwise approved by the Director;

  • Qualified Institutional Buyer means a “qualified institutional buyer” as defined in Rule 144A under the Securities Act.

  • U.S. Person means a “United States person” within the meaning of Section 7701(a)(30) of the Code.

  • Rule 144A means Rule 144A promulgated under the Securities Act.

  • Non-U.S. Person means a Person who is not a U.S. Person.