Capacity Market definition

Capacity Market means the capacity market mechanism introduced pursuant to Schedule 2 of the Energy Act 2013;
Capacity Market has the meaning given to it in the Trading and Settlement Code (TSC).;
Capacity Market means the scheme established by the Capacity Market Rules;

Examples of Capacity Market in a sentence

  • ICAP Tag Value – A consumer account’s contribution to peak load, expressed in kW-month, as determined by the Local Distributor pursuant to the ISO New England Manual for the Forward Capacity Market.

  • In the event that a change in Applicable Law after the Effective Date replaces the NYISO Capacity Market with a new resource adequacy construct, the Parties agree to negotiate in good faith to amend this Agreement, prospective from the Change in Law Date, to make such conforming changes as are necessary to replace the current Reference Capacity Price formula with a formula that reasonably comprises an index of prices available to generators in the Applicable Zone under the new resource adequacy construct.

  • A consumer account’s contribution to peak load, expressed in kW- month, as determined by the Local Distributor pursuant to the ISO New England Manual for the Forward Capacity Market.

  • NYISO Capacity Market: Collectively, the wholesale markets for capacity administered by NYISO.

  • An index of NYISO Capacity Market prices for the Applicable Zone calculated as set forth in Section 4.03 of this Agreement.


More Definitions of Capacity Market

Capacity Market means the arrangements for securing generation
Capacity Market means the arrangements for securing generation adequacy and capacity described in Condition 6A and set out in the Capacity Market code;
Capacity Market means the scheme established by the capacity market legislation;
Capacity Market means any market of an applicable regional transmission organization under which the Operating Companies satisfy their capacity obligations as load serving entities, which would include, for example, the PJM capacity market as described in the PJM Reliability Assurance Agreement (“RAA”) and Attachment DD of the PJM Open Access Transmission Tariff (“PJM OATT”).
Capacity Market means the mechanism introduced by the UK government beginning
Capacity Market means the Capacity Market support scheme for electricity generation designed to ensure the security of electricity supply in the UK, introduced as part of the UK Government's Electricity Market Reform, pursuant to (inter alia) the Energy Act 2013.
Capacity Market means a system to solicit electric power suppliers who promise