Energy Storage Resource Model Participant definition

Energy Storage Resource Model Participant means an Energy Storage Resource utilizing the Energy Storage Resource Participation Model.
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Examples of Energy Storage Resource Model Participant in a sentence

  • Specifically, in the centralized solution, the reception of the slot utilization pattern at every superframe quickly neutralizes the benefit of the shorter join process.

  • A ramp rate is required in this operating mode.Continuous Mode – shall mean the mode of operation of an Energy Storage Resource Model Participant that includes both negative and positive MW quantities (i.e., the Energy Storage Resource Model Participant is capable of continually and immediately transitioning from withdrawing MW quantities from the grid to injecting MW quantities onto the grid).

  • A Standalone Energy Storage Resource may participate in energy markets as a type of Energy Storage Resource Model Participant, in accordance with the Energy Storage Resource Participation Model described in section 1.4A above and the PJM Manuals.

  • Charge Mode requires that the Energy Storage Resource Model Participant’s Minimum Charge Limit and Maximum Charge Limit be less than or equal to zero, and the Energy Storage Resource Model Participant is required to define a ramp rate.

  • Discharge Mode – shall mean the mode of operation of an Energy Storage Resource Model Participant that only includes positive MW quantities (i.e., the Energy Storage Resource Model Participant is only injecting MWs onto the grid).

Related to Energy Storage Resource Model Participant

  • Energy Storage Resource means a resource capable of receiving electric energy from the grid and storing it for later injection to the grid that participates in the PJM Energy, Capacity and/or Ancillary Services markets as a Market Participant.

  • Capacity Storage Resource means any Energy Storage Resource that participates in the Reliability Pricing Model or is otherwise treated as capacity in PJM’s markets such as through a Fixed Resource Requirement Capacity Plan.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).