Capacity Emergency Transfer Objective definition
Capacity Emergency Transfer Objective or “CETO” shall have the meaning provided in the Reliability Assurance Agreement.
Capacity Emergency Transfer Objective or “CETO” shall mean the amount of electric energy that a given area must be able to import in order to remain within a loss of load expectation of one event in 25 years when the area is experiencing a localized capacity emergency, as determined in accordance with the PJM Manuals. Without limiting the foregoing, CETO shall be calculated based in part on EFORD determined in accordance with Reliability Assurance Agreement, Schedule 5, Paragraph C.
Capacity Emergency Transfer Objective. CETO’)” means the amount of megawatt capacity that an area or sub area must be able to import during localized capacity emergency conditions such that the probability of loss of load due to insufficient tie capability is not greater than one day in 10 years.
Examples of Capacity Emergency Transfer Objective in a sentence
The calculation for each relevant LDA uses a daily distribution of loads under a range of weather scenarios (based on the most recent load forecast for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Capacity Emergency Transfer Objective study for the Delivery Year in question).
More Definitions of Capacity Emergency Transfer Objective
Capacity Emergency Transfer Objective or “CETO” shall mean, through the 2024/2025 Delivery Year, the amount of electric energy that a given area must be able to import in order to remain within a loss of load expectation of one event in 25 years when the area is experiencing a localized capacity emergency, as determined in accordance with the PJM Manuals. Without limiting the foregoing, CETO shall be, for Delivery Years through 2024/2025, calculated based in part on EFORD determined in accordance with Reliability Assurance Agreement, Schedule 5, Paragraph C. Beginning with the 2025/2026 Delivery Year, CETO shall mean the amount of electric energy that a given area must be able to import in order to satisfy a normalized expected unserved energy for the area that is equal to forty percent of the normalized expected unserved energy for the RTO when at the annual reliability criteria, where normalized expected unserved energy is the expected unserved energy (for the area or RTO, as appropriate) divided by the forecasted annual energy (for the area or RTO, as appropriate), when the area is experiencing a localized capacity emergency, as determined in accordance with the PJM Manuals.