Day-ahead Scheduling Reserves Requirement definition

Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.
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Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations.
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Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with Reliability First Corporation and SERC reliability standards, or those of any additional and/or successor regional reliability organization(s) that are responsible for establishing reliability requirements for the PJM Region, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations.
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Examples of Day-ahead Scheduling Reserves Requirement in a sentence

  • In addition the Office of the Interconnection shall schedule Operating Reserves pursuant to those sections to satisfy any unforeseen Operating Reserve requirements that are not reflected in the Day-ahead Scheduling Reserves Requirement.

  • Revenue, underlying profit before tax and underlying EPS down at constant currency.

  • PJMSettlement shall be the Counterparty to the purchases and sales of Day-ahead Scheduling Reserves in the PJM Interchange Energy Market; provided that PJMSettlement shall not be a contracting party to bilateral transactions between Market Participants or with respect to a self-schedule or self- supply of generation resources by a Market Buyer to satisfy its Day-ahead Scheduling Reserves Requirement.

  • The hourly credits paid to Day-ahead Scheduling Reserve Resources satisfying the Additional Day-ahead Scheduling Reserve Requirement (“Additional Day-ahead Scheduling Reserves credits”) shall equal the ratio of the Additional Day-ahead Scheduling Reserves Requirement to the Day-ahead Scheduling Reserves Requirement, multiplied by the total credits paid to Day-ahead Scheduling Reserves Resources and are allocated as Additional Day-ahead Scheduling Reserves charges per paragraph (ii) below.

  • The total megawatt volume of Base Day-ahead Scheduling Reserves resources equals the ratio of the Base Day-ahead Scheduling Reserves Requirement to the Day-ahead Scheduling Reserves Requirement multiplied by the total volume of Day-ahead Scheduling Reserves megawatts paid pursuant to paragraph (c) of this section.


More Definitions of Day-ahead Scheduling Reserves Requirement

Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead
Sample 1
Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with Reliability First Corporation and SERC reliability standards, or those of any additional and/or successor regional reliability organization(s) that are responsible for establishing reliability requirements
Sample 1

Related to Day-ahead Scheduling Reserves Requirement

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations.

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the ReliabilityFirst Corporation and SERC.

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve, absent any increase to account for additional reserves scheduled to address operational uncertainty. The Primary Reserve Requirement is calculated in accordance with the PJM Manuals.

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.