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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