Energy Storage Resource Participation Model definition

Energy Storage Resource Participation Model means the participation model accepted by the Commission in Docket No. ER19-XXX-000. Energy Transmission Injection Rights:
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Energy Storage Resource Participation Model means the participation model accepted by the Commission in Docket No. ER19-469-000.
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Examples of Energy Storage Resource Participation Model in a sentence

  • An Energy Storage Resource utilizing the Energy Storage Resource Participation Model shall arrange for Network Transmission Service or Point-to-Point Transmission Service for purchases of Non-Dispatched Charging Energy.

  • An Energy Storage Resource may opt into and out of the Energy Storage Resource Participation Model on an annual basis, in accordance with the procedures and processes defined in the PJM Manuals.

  • PJM implemented its Energy Storage Resource Participation Model in December of 2019 based on its FERC-approved 841 compliance filing.

  • PJM proposes to define Energy Storage Resource Participation Model as the participation model accepted by the Commission in the instant docket.

  • Study and market design are anticipated to take approximately one year, with implementation requiring approximately two to three years of development and testing before deployment.DependenciesDue to the expected complexity of this effort, the NYISO currently envisions deployment after large projects such as Carbon Pricing, DER Participation Model, and the Energy Storage Resource Participation Model have been completed.

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  • New York Independent System Operator, Inc., Compliance Filing Establishing an Effective Date for the Energy Storage Resource Participation Model, Docket No. ER20-1696-001, filed August 12, 2020.

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Related to Energy Storage Resource Participation Model

  • 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. Facilities Study:

  • Capacity Storage Resource means any hydroelectric power plant, flywheel, battery storage, or other such facility solely used for short term storage and injection of energy at a later time to participate in the PJM energy and/or Ancillary Services markets and which participates in the Reliability Pricing Model.

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

  • Flexible Resource means a generating resource that must have a combined Start-up Time and Notification Time of less than or equal to two hours; and a Minimum Run Time of less than or equal to two hours. Firm Point-To-Point Transmission Service: “Firm Point-To-Point Transmission Service” shall mean Transmission Service under the Tariff that is reserved and/or scheduled between specified Points of Receipt and Delivery pursuant to Tariff, Part II.

  • Renewable energy project means (A) a project

  • Class I renewable energy means electric energy produced from

  • Resource recovery facility means a solid waste facility