Delivery Year definition

Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.

Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1.

Delivery Year means the twelve (12) calendar months beginning with June of one calendar year through and including May of the following calendar year.

Examples of Delivery Year in a sentence

• For the relevant LDA calculation, the weekly capacity distributions are adjusted to reflect the Capacity Emergency Transfer Limit for the Delivery Year in question.

• The calculation for each relevant LDA uses a weekly load distribution (based on the Installed Reserve Margin study and the most recent load forecast for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Installed Reserve Margin study for the Delivery Year in question).

• The calculation for the PJM Region uses the weekly load distribution from the Installed Reserve Margin study for the Delivery Year in question (based on the most recent load forecast and iteratively shifting the load distributions to result in the Installed Reserve Margin established for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Installed Reserve Margin study for the Delivery Year in question).

• PJM then models the commitment of varying amounts of Base Capacity Resources (displacing otherwise committed generation) as unavailable during the peak week of winter and available the rest of the Delivery Year in question and calculates the LOLE at each Base Capacity Resource level.

• Such reduction shall be proportional to the quantity, in megawatts, that failed to clear in such Delivery Year.

More Definitions of Delivery Year

Delivery Year or "DY" means the 12-month period from June

Delivery Year means the consecutive 12-month period

Delivery Year or "DY" means the 12-month period from June 1st through May 31st, numbered according to the calendar year in which it ends.

Delivery Year means each consecutive twelve (12) calendar month period during the Acceptable Vintage Period beginning with June 1 of each calendar year through and including May 31 of the following calendar year; provided that if the Earliest Vintage Month is not June, (i) the period commencing on the first day of the Earliest Vintage Month through and including the immediately following May 31st and (ii) the period commencing on June 1 immediately prior to the end of the Acceptable Vintage Period through and including the last day of the Latest Vintage Month shall, in each case, be a Delivery Year. For avoidance of doubt, unless the term “Delivery Year” is used, the uncapitalized term “delivery year” shall refer generally to each consecutive twelve (12) calendar month period beginning with June 1 of each calendar year through and including May 31 of the following calendar year, regardless of whether or not such period is in the Acceptable Vintage Period.

Delivery Year means each 12-month period from June 1st through May 31st numbered according to the calendar year in which it ends beginning on the Commencement Date and concluding on the Conclusion Date.

Delivery Year means the time comprising the four consecutive Delivery Seasons, from the beginning of the Summer Season of one year through the end of the Spring Season of the following year and corresponding to the period beginning with June of one calendar year through and including May of the following calendar year, that are included within the contract term specified in the Confirmation.

Delivery Year means the twelve (12) calendar months beginning with June of one calendar year through and including May of the following calendar year; provided that if the Earliest Vintage Month is not June, (i) the period commencing on the first day of Earliest Vintage Month and ending on the immediately following May 31st and (ii) the period commencing on the June 1st immediately prior to the end of the Acceptable Vintage Period and through the last day of the Latest Vintage Month shall, in each case, be deemed to be a Delivery Year.