Examples of ELCC Resource in a sentence
The Office of the Interconnection shall post this report and shall communicate ELCC Resource Performance Adjustment values to applicable Generation Capacity Resource Providers no later than five months prior to the start of the target Delivery Year, as described in the PJM Manuals.
If the Office of the Interconnection observes that the information provided by the Generation Capacity Resource Provider of the ELCC Resource is inconsistent with observed conditions, the Office of the Interconnection will coordinate with the Generation Capacity Resource Provider of the ELCC Resource to understand the information and observed conditions before making a determination regarding the validity of the applicable parameters.
They argue that such an approach is necessary to avoid overvaluing incremental MW of ELCC Resource capacity and sending the wrong signal for market entry and exit.
Depending on how such classes are defined, uniform allocation of portfolio UCAP to all ELCC Resource classes can present challenges in adequately accounting for the interactive effects of the resource mix, or in appropriately capturing the nature of all such interactions.
They advocate for an ELCC framework that would assign a lower capacity value to the “last” incremental MW of ELCC Resource capacity, whether that allocation be based on vintage (AES) or cost (IMM), when that MW provides less marginal resource adequacy value to the PJM region than the ELCC class average value.
For any Delivery Year for which a final ELCC Class Rating has not been posted and a preliminary ELCC Class Rating has been posted, the Accredited UCAP of an ELCC Resource for such Delivery Year shall be based on the most recent preliminary ELCC Class Rating value for that Delivery Year, together with the most recently calculated ELCC Resource Performance Adjustment value for that ELCC Resource.
Such ELCC Resource shall not be permitted to offer or otherwise provide capacity above such Accredited UCAP values until the Office of the Interconnection determines new Accredited UCAP values for such resource.Generation Capacity Resource Providers of ELCC Resources that are hydropower plants with water storage must provide documentation to support the physical parameters provided for expected load carrying capability analysis modeling, as specified in the PJM Manuals.
Then, an ELCC Resource is added to the system and the model is re-run, and more load is added until the 0.1 LOLE metric is met.
For any Delivery Year for which a final ELCC Class Rating has not been posted and a preliminary ELCC Class Rating has been posted, the Accredited UCAP of an ELCC Resource for such Delivery Year shall be based on the most recent preliminary ELCCClass Rating value for that Delivery Year, together with the most recently calculated ELCC Resource Performance Adjustment value for that ELCC Resource.
In your filing, you state that the Accredited UCAP sets a maximum amount of capacity an ELCC Resource may offer or provide in a given Delivery Year, subject to the amount of Capacity Interconnection Rights (CIRs) secured for the resource.