Generation Capacity Resource definition

Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement.
Sample 1Sample 2Sample 3
Generation Capacity Resource means a Generating Facility, or the contractual right to capacity from a specified Generating Facility, that meets the requirements of RAA, Schedule 9 and RAA, Schedule 10, and, for Generating Facilities that are committed to an FRR Capacity Plan, that meets the requirements of RAA, Schedule 8.1. A Generation Capacity Resource may be an Existing Generation Capacity Resource or a Planned Generation Capacity Resource.
Sample 1Sample 2Sample 3
Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. An entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. A Facilities Study related to a Generation Interconnection Request.
Sample 1Sample 2Sample 3

Examples of Generation Capacity Resource in a sentence

  • The rights to input generation as a Generation Capacity Resource into the Transmission System at the Point of Interconnection where the generating facilities connect to the Transmission System.

  • A Sell Offer based on a Planned Generation Capacity Resource, Planned Demand Resource, or Energy Efficiency Resource may be submitted as a Credit-Limited Offer.

  • Existing Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement.

  • Such reduction shall be proportional to the quantity, in megawatts, that failed to clear in such Delivery Year.A Sell Offer based on a Planned Generation Capacity Resource, Planned Demand Resource, or Energy Efficiency Resource may be submitted as a Credit-Limited Offer.

  • The Market Monitoring Unit shall notify, in writing, such Generation Capacity Resource and the Office of the Interconnection if it is dissatisfied with the documentation provided and whether it objects to the inclusion of such Opportunity Costs in a Market Seller Offer by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction.

  • If such Generation Capacity Resource submits a Market Seller Offer that includes Opportunity Costs that have not been documented and verified to the Market Monitoring Unit’s satisfaction, then the Market Monitoring Unit may exercise its powers to inform Commission staff of its concerns and request a determination that would require the Generation Capacity Resource to remove them.

  • PJM OATT Attachment DD Section 6.8(a) defines the formula to calculate the Avoidable Cost Rate for a Generation Capacity Resource that is the subject of a Sell Offer.

  • Mitigation will be applied on a unit-specific basis and only if the Sell Offer of Unforced Capacity from an Existing Generation Capacity Resource: (1) is greater than the Market Seller Offer Cap applicable to such resource; and (2) would, absent mitigation, increase the Capacity Resource Clearing Price in the relevant auction.

  • The additional megawatts of a Generation Capacity Resource that is being, or has been, modified to increase the number of megawatts of available installed capacity thereof shall not be deemed to be an Existing Generation Capacity Resource until such time as those megawatts (a) are in service; or (b) are not yet in service, but have cleared any RPM Auction for any prior Delivery Year.

  • The Market Monitoring Unit shall calculate the Projected PJM Market Revenues for any Generation Capacity Resource to which the Avoidable Cost Rate is applied pursuant to Section 6.8(d) of Attachment DD, and notify the Capacity Market Seller and the Office of the Interconnection of its determination in writing by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction.


More Definitions of Generation Capacity Resource

Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreementthe Interconnection Customer’s Interconnection Facilities.
Sample 1Sample 2
Generation Capacity Resource means a Generating Facility, or the contractual right to capacity from a specified Generating Facility, that meets the requirements of RAA, Schedule 9 and RAA, Schedule 10, and, for Generating Facilities that are committed to an FRR Capacity Plan, that meets the requirements of RAA, Schedule 8.1. A Generation Capacity Resource may be an Existing Generation Capacity
Sample 1
Generation Capacity Resource means a generation unit, or the contractual right to capacity from a specified generation unit, that meets the requirements of RAA, Schedule 9 and RAA, Schedule 10, and, for generation units that are committed to an FRR Capacity Plan, that meets
Sample 1

Related to Generation Capacity Resource

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Capacity Resource shall have the meaning provided in the Reliability Assurance Agreement.

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

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • 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.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region.

  • Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • 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.

  • low voltage means the set of nominal voltage levels that are used for the distribution of electricity and whose upper limit is generally accepted to be an a.c. voltage of 1000V ( or a d.c. voltage of 1500 V). [SANS 1019]

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

  • Power plant means a facility for the generation of

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.