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 arrangements for securing generationadequacy and capacity described in Condition 6A and set out in the Capacity Market Code;

Examples of Capacity Market in a sentence

• The Licensee shall be party to and shall comply with the Capacity Market Code insofar as applicable to it.

• Pursuant to ISO Procedures, each Transaction offered in the Energy, Installed Capacity, Ancillary Services or Transmission Congestion Contract market shall be subject to a minimum size of one (1) megawatt (“MW”), provided however, Regulation Service may be offered in tenths of a MW and provided further, pursuant to ISO Procedures, Special Case Resources may offer a minimum of 100 kW of Unforced Capacity in the Installed Capacity Market.

• In this Tariff, the terms listed in this section shall be defined as described below: Active Demand Capacity Resource is one or more Demand Response Resources located within the same Dispatch Zone, that is registered with the ISO, assigned a unique resource identification number by the ISO, and participates in the Forward Capacity Market to fulfill a Market Participant’s Capacity Supply Obligation pursuant to Section III.13 of Market Rule 1.

• Pursuant to ISO Procedures, Special Case Resources may offer a minimum of 100 kW of Unforced Capacity in the Installed Capacity Market.

• Different days may be so appointed for different provisions and for different purposes.4. In this Condition: Capacity Market Codehas the meaning given to that term in the Transmission System Operator Licence; andIntermediaryhas the meaning given to that term in the Capacity Market Code.

• In addition to the documentation identified herein and in the PJM Manuals, the Capacity Market Seller shall provide any additional supporting information reasonably requested by the Office of the Interconnection or the Market Monitoring Unit to evaluate the Sell Offer.

• The ISO shall calculate a Day-Ahead Regulation Capacity Market Price for each hour of the following day.

• The ISO shall calculate a Real-Time Regulation Capacity Market Price and a Real-Time Regulation Movement Market Price for every RTD interval, except as noted in Section 15.3.8 of this Rate Schedule.

• The Day-Ahead Regulation Capacity Market Price for each hour shall equal the Day-Ahead Shadow Price of the ISO’s Regulation Service constraint for that hour, which shall be established under the ISO Procedures, minus the product of i) the Day-Ahead Regulation Movement Bid Price of the marginal Resource selected to provide Regulation Service; and ii) the applicable Regulation Movement Multiplier.

• The ISO shall establish a Regulation Service Demand Curve that will apply to both the Day-Ahead and real-time Regulation Capacity Market Price and settlements.

More Definitions of Capacity Market

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 a system to solicit electric power suppliers who promise to secure and provide the supply capacity necessary for the demand for a certain period of time in future by holding an auction.

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 the arrangements for securing generation