ELCC Class definition

ELCC Class means a defined group of ELCC Resources that share a common set of operational characteristics and for which effective load carrying capability analysis, as set forth in RAA, Schedule 9.1, will establish a unique ELCC Class UCAP and corresponding ELCC Class Rating(s). ELCC Classes shall be defined in the Schedule 9.1, section B of this Agreement. Members of an ELCC Class shall share a common method of calculating the ELCC Resource Performance Adjustment, provided that the individual ELCC Resource Performance Adjustment values will generally differ among ELCC Resources.
ELCC Class means a defined group of ELCC Resources that share a common set of operational characteristics and for which effective load carrying capability analysis, as set forth in RAA, Schedules 9.1 and 9.2, will establish a unique ELCC Class UCAP and corresponding ELCC Class Rating(s). ELCC Classes shall be defined in the Schedules 9.1 and 9.2, section B of this Agreement. Members of an ELCC Class shall share a common method of calculating the ELCC Resource Performance Adjustment, provided that the individual ELCC Resource Performance Adjustment values will generally differ among ELCC Resources.
ELCC Class means a defined group of ELCC Resources that share a common set of operational characteristics and for which effective load carrying capability analysis, as set forth in RAA, Schedule 9.1, will establish a unique ELCC Class UCAP and corresponding ELCC Class Rating. ELCC Classes shall be defined in the PJM Manuals. ELCC Classes shall be defined such that the members of each ELCC Class are reasonably homogeneous in character and with respect to impact on system resource adequacy. ELCC Classes shall be defined for Limited Duration Resources of no less than four hours duration, and shall include 4-hour, 6-hour, 8-hour, and 10-hour duration characteristics, with matching duration classes for Combination Resources composed in part of one or more such ELCC Classes. Members of an ELCC Class shall share a common method of calculating the ELCC Resource Performance Adjustment,

Examples of ELCC Class in a sentence

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  • The allocation is performed in a manner such that the sum of the ELCC Class UCAP values equals the ELCC Portfolio UCAP.

  • The installed capacity of a Limited Duration Resource is based on the sustained level of output that the unit can provide and maintain over a continuous period, whereby the duration of that period matches the characteristic duration of the corresponding ELCC Class, with consideration given to ambient conditions expected to exist at the time of PJM system peak load, as described in the PJM Manuals.

  • The election of the specific ELCC Class corresponding to the chosen characteristic duration shall be for a term of five consecutive Delivery Years.

  • Please provide indicative 2024/2025 ELCC Class Ratings for the Gas Combined Cycle Dual Fuel Class and the Gas Combustion Turbine Dual Fuel Class.

  • For the 2023/2024 Delivery Year and subsequent Delivery Years, to determine the applicable UCAP MW- day value, the net cost of new entry is adjusted as follows: for thermal generation resource types, the applicable class average EFORd; for battery storage, wind, and solar resource types, the applicable ELCC Class Rating; or for Demand Resources and Energy Efficiency Resources, the Forecast Pool Requirement, as applicable to the relevant RPM Auction.

  • If the request is granted, the ELCC Resource shall be considered in the new ELCC Class starting with the next Delivery Year for which no RPM Auction has been conducted and for subsequent Delivery Years.

  • Except to the extent specified above or otherwise specified, the preliminary ELCC Class Rating values for future years arenon-binding and are only for indicative purposes.

  • The effective load carrying capability analysis shall compare expected hourly load levels (based on historical weather) with the expected hourly output of the expected future resource mix in order to identify the relative resource adequacy value of the portfolio of all ELCC Classes, as well of each individual ELCC Class, compared to a group of Unlimited Resources with no outages.

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