Demand Bid Limit definition

Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Operating Agreement, Schedule 1, section 1.10.1B, and the parallel provisions of Tariff, Attachment K- Appendix.
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Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Section 1.10.1B of Schedule 1 of the Operating Agreement.
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Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Operating
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Examples of Demand Bid Limit in a sentence

  • Examples of such circumstances include, but are not limited to, changes in load commitments due to state sponsored auctions, mergers and acquisitions between PJM Members, and sales and divestitures between PJM Members.• A LSE whose Demand Bids are rejected as a result of Demand Bid Screening screening may change the Demand Bids to reduce the total megawatt volume to a level that does not exceed the Demand Bid Limit.

  • PJM automatically rejects a LSE’s Demand Bids if the total MW volume of such bids exceeds the LSE’s Demand Bid limit for any hour in such Operating Day.• On a daily basis, PJM updates and posts each LSE’s Demand Bid Limit in each applicable Zone.


More Definitions of Demand Bid Limit

Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted
Sample 1
Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Operating Agreement, Schedule 1, sSection 1.10.1B, and the parallel provisions of Tariff, Attachment K- Appendix of Schedule 1 of the Operating Agreement.
Sample 1

Related to Demand Bid Limit

  • Demand Bid means a bid, submitted by a Load Serving Entity in the Day-ahead Energy Market, to purchase energy at its contracted load location, for a specified timeframe and megawatt quantity, that if cleared will result in energy being scheduled at the specified location in the Day-ahead Energy Market and in the physical transfer of energy during the relevant Operating Day.

  • Demand Bid Screening means the process by which Demand Bids are reviewed against the applicable Demand Bid Limit, and rejected if they would exceed that limit, as determined pursuant to Operating Agreement, Schedule 1, section 1.10.1B, and the parallel provisions of Tariff, Attachment K-Appendix.

  • Nominated Demand Resource Value means the amount of load reduction that a Demand Resource commits to provide either through direct load control, firm service level or guaranteed load drop programs. For existing Demand Resources, the maximum Nominated Demand Resource Value is limited, in accordance with the PJM Manuals, to the value appropriate for the method by which the load reduction would be accomplished, at the time the Base Residual Auction or Incremental Auction is being conducted.