Examples of Deactivation Avoidable Cost Credit in a sentence
Should a generation owner elect to continue to operate a generation unit beyond its planned deactivation date in order to maintain system reliability pending the completion of necessary transmission system upgrades, the generation owner can elect to either (i) pursue a cost of service recovery rate or (ii) receive the Deactivation Avoidable Cost Credit (as defined in Part V of the PJM Tariff).
PJM notes that the Part V provisions are “somewhat similar” to the proposed new section 5.14(b)(1).4Part V, section 113.2 of the PJM tariff (“Notice of Reliability Impact”) provides two compensation options for owners of these resources: a Deactivation Avoidable Cost Credit or a Cost of Service Recovery Rate.5 The Deactivation Avoidable Cost Credit is based on a detailed formula specified in Section 115 of PJM’s tariff.
While no other ISO has a provision that directly matches the assessments and needs addressed by the ISO’s Flexible Capacity Risk of Retirement provisions, PJM’s Deactivation Avoidable Cost Credit (DACC) reasonably establishes costs that should be included in a resource’s going forward costs.25Therefore, the ISO proposes to use the formula used in PJM’s DACC as the foundation for compensation for going forward costs under the Flexible Capacity Risk of Retirement provisions.
While no other ISO has a provision that directly matches the assessments and needs addressed by the ISO’s Flexible Capacity Risk of Retirement provisions, PJM’s Deactivation Avoidable Cost Credit (DACC) reasonably establishes costs that should be included in a resource’s going forward costs.30Therefore, the ISO proposes to use the formula used in PJM’s DACC as the foundation for compensation for going forward costs under the Flexible Capacity Risk of Retirement provisions.
In addition, either Party may request that a special ad hoc meeting of the JSC be convened for the purpose of reviewing or making decisions pertaining to time-sensitive subject-matter, at such time as may be mutually agreed by the Parties.
If this is not the case, it will influence the employee satisfaction and the employee will probably leave (Edwards, 2010; Tanwar & Prasad, 2016).
In the alternative, the Generation Owner, or its designated agent, may choose to receive avoided cost compensation according to the Deactivation Avoidable Cost Credit in Part V of the PJM Tariff.