Examples of Capacity Performance Transition Incremental Auction in a sentence
All Capacity Performance Resources that clear in a Capacity Performance Transition Incremental Auction will be subject to the Non-Performance Charge set forth in Tariff, Attachment DD, section 10A.
All Capacity Performance Resources that clear in a Capacity Performance Transition Incremental Auction will be subject to the Non-Performance Charge set forth in section 10A.
Capacity Performance Transition Incremental Auction" shall have the meaning specified in Tariff, Attachment DD, section 5.14D.
Capacity Performance Transition Incremental Auctions for the 2016/2017 and 2017/2018 Delivery Years To facilitate the shift towards Capacity Performance Resources and to ensure better performing resources are available for the 2018/2019 and 2019/2020 Delivery Years, PJM proposes to hold a Capacity Performance Transition Incremental Auction for each of the 2016/2017 and 2017/2018 Delivery Years.
A Capacity Market Seller may submit a Sell Offer for a Capacity Resource in a Base Residual Auction, or Incremental Auction, or Capacity Performance Transition Incremental Auction only if such seller owns or has the contractual authority to control the output or load reduction capability of such resource and has not transferred such authority to another entity prior to submitting such Sell Offer.
A Capacity Market Seller may submit a Sell Offer for a Capacity Resource in a Base Residual Auction, Incremental Auction, or Capacity Performance Transition Incremental Auction only if such seller owns or has the contractual authority to control the output or load reduction capability of such resource and has not transferred such authority to another entity prior to submitting such Sell Offer.
Mr. Jeff Bastian, PJM, conducted a brief discussion due to the MIC schedule running long, in response to the reporting directive in FERC Docket ER16-532 concerning the release of annual capacity in the 2017/2018 Delivery Year 3rd Incremental Auction related to excess capacity procured in the Capacity Performance Transition Incremental Auction.