Generation Resource Maximum Output definition

Generation Resource Maximum Output means, for Customer Facilities identified in an Interconnection Service Agreement or Wholesale Market Participation Agreement, the Generation Resource Maximum Output for a generating unit shall equal the unit’s pro rata share of the Maximum Facility Output, determined by the Economic Maximum values for the available units at the Customer Facility. For generating units not identified in an Interconnection Service Agreement or Wholesale Market Participation Agreement, the Generation Resource Maximum Output shall equal the generating unit’s Economic Maximum.
Sample 1Sample 2Sample 3
Generation Resource Maximum Output means, for Customer Facilities identified in an Interconnection Service Agreement or Wholesale Market Participation Agreement, the
Sample 1Sample 2Sample 3
Generation Resource Maximum Output means, for Customer Facilities identified in an
Sample 1

Examples of Generation Resource Maximum Output in a sentence

  • These embedded derivatives are measured at fair value with changes in fair value recognized in statement of comprehensive income, unless designated as effective hedging instruments.

  • Accordingly, while we are rejecting PJM’s proposal, we find that PJM’s definition for Generation Resource Maximum Output is appropriate and should be retained in the compliance filing directed herein.13.

  • As discussed, PJM is proposing to utilize the definition of Generation Resource Maximum Output in lieu MFO in the proposed definition of LOC Deviation, and replace references to MFO with the proposed definition of Generation Resource Maximum Output in sections 3.2.3(f-1) and 3.2.3B(d), which each discuss compensating generating units for LOC payments under different scenarios.77 These revisions will ensure that Market Sellers of generating units are properly compensated with LOC payments.

  • OA Schedule 1 Sec 1.3.Participation Agreement, the Generation Resource Maximum Output will simply equal the unit’s Economic Maximum.These revisions are in line with the Commission’s intent in approving how LOC payments are made to individual generating units, and addresses the current discrepancy in the Operating Agreement language.

Related to Generation Resource Maximum Output

  • 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.

  • Co-generation means the sequential production of electricity

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • Electric generating unit means an individual electric generator and its associated plant and apparatus whose electrical output is capable of being separately identified and metered. Emergency Condition shall mean a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the CAISO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the CAISO Controlled Grid or the electric systems of others to which the CAISO Controlled Grid is directly connected; (3) that, in the case of the Participating TO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Participating TO’s Transmission System, Participating TO’s Interconnection Facilities, Distribution System, or the electric systems of others to which the Participating TO’s electric system is directly connected; or

  • 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.