ELCC Portfolio UCAP definition

ELCC Portfolio UCAP means the aggregate Effective UCAP that all modeled ELCC Resources are capable of providing in a given Delivery Year.
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Examples of ELCC Portfolio UCAP in a sentence

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

  • Schedule 9.1, § C (“The ELCC Portfolio UCAP shall be allocated to each ELCC Class UCAP, in accordance with the applicable effective load carrying capability analysis methodology specified in the PJM Manuals ”).

  • Second, PJM allocates the ELCC Portfolio UCAP among individual ELCC Resource Classes (e.g., 4- hour storage, 10-hour storage, wind, tracking solar, etc.) by conducting additional ELCC analyses that consider the reliability value of ELCC Classes in the presence and absence of other ELCC Classes.

  • In the unlikely event that the scenario described above occurred, PJM would ensure that ELCC Resources in the model are not assigned an aggregate UCAP greater than the ELCC Portfolio UCAP by reducing all floor ratings proportionately.

  • Therefore, the definition of ELCC classes must be done carefully to avoid meaningless artifacts in the allocation of ELCC Portfolio UCAP to ELCC Class UCAP.

  • October 30 Filing, Attachment A, proposed RAA, Schedule 9.1, section J(3)(e) (explaining how the ELCC Portfolio UCAP will be allocated in the event an ELCC Class Rating floor value binds).

  • You state that, to broaden the base for spreading these offsetting adjustments, PJM will work with stakeholders to group classes that have similar relevant physical characteristics (e.g. 4-hour and 6-hour storage) to produce groups that are broad enough to include a significant fraction of the ELCC Portfolio UCAP.

  • CAP also assists the Ealing Equality Council with its discrimination casework including employment matters.

  • Therefore, the definition of ELCC classes must be done carefully to avoid meaningless artifacts in the allocation of ELCC Portfolio UCAP to ELCC Class UCAP.After thoroughly discussing the benefits and costs of each approach, PJM and its stakeholders ultimately decided to proceed with an adjusted class average approach.

  • You also state that, if the ELCC Class Rating floor “binds” for any ELCC Resources, PJM must reduce the ELCC Class Rating of certain other ELCC Resources to preserve the ELCC Portfolio UCAP and ELCC Class UCAP values.

Related to ELCC Portfolio UCAP

  • Portfolio Asset means an asset of an investment fund;

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Product Portfolio means a set of information related to the DS Offerings available at xxxx://xxx.0xx.xxx/terms/product-portfolio.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Qualified portfolio company means a company that (i) has its principal place of business in the

  • Renewable Portfolio Standard or “RPS” means a state or federal law, rule or regulation that requires a stated amount or minimum proportion or quantity of electricity that is sold or used by specified persons to be generated from Renewable Energy Sources.

  • Reference Portfolio Return means on any day, the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Energy efficiency portfolio standard means a requirement to

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Diluted Receivable means that portion, and only that portion, of any Receivable which is either (a) reduced or canceled as a result of a Dilution Factor or (b) subject to any specific dispute, offset, counterclaim or defense whatsoever.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Parent, the Borrower or another Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Selling Portfolio has the meaning specified in Section 2.10;

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.