Examples of Limited Demand Resource in a sentence
For such coupled Demand Resource offers, the offer price of an Annual Demand Resource offer must be at least $.01 per MW-day greater than the offer price of a coupled Extended Summer Demand Resource offer and the offer price of a Extended Summer Demand Resource offer must be at least $.01 per MW-day greater than the offer price of a coupled Limited Demand Resource offer.
For Delivery Years through May 31, 2018, a Demand Resource with the potential to qualify as two or more of a Limited Demand Resource, Extended Summer Demand Resource or Annual Demand Resource may submit separate but coupled Sell Offers for each Demand Resource type for which it qualifies at different prices and the auction clearing algorithm will select the Sell Offer that yields the least-cost solution.
As set forth in Schedule 6, a Limited Demand Resource, Extended Summer Demand Resource or Annual Demand Resource may be an existing demand response resource or a Planned Demand Resource.
If a registration for a Limited Demand Resource committed by a Capacity Market Seller is dispatched by the Office of the Interconnection for a PJM Load Management event in a zone between June 1 and September 30, inclusive, then Demand Resources Test Failure Charges will not be assessed.
If a registration for a Limited Demand Resource committed by a Capacity Market Seller is dispatched by the Office of the Interconnection for a PJM Load Management event in a zone between August 16 and September 30, no test will be required.
A Party must further notify the Office of the Interconnection whether the Demand Resource Registration is linked to a Limited Demand Resource, an Extended Summer Demand Resource, a Base Capacity Demand Resource, a Summer-Period Demand Resource or an Annual Demand Resource.
If a registration for a Limited Demand Resource committed by a Capacity Market Seller is dispatched by the Office of Interconnection for a PJM Load Management event in a subzone between June 1 and September 30 of the 2012/2013 and 2013/2014 Delivery Years, and such registration performs at or above the nominated amount of capacity on the registration, no test will be required and no Demand Resources Test Failure Charges will be assessed for such registrations.
Compliance will be totaled over all dispatched registrations for FSL and GLD customers linked to a committed Limited Demand Resource, Extended Summer Demand Resource, and Annual Demand Resource without a Capacity Performance commitment to determine a net compliance position for the event for each Provider by Compliance Aggregation Area and such net compliance position shall be allocated to the underlying registrations, in accordance with PJM Manuals.
At a minimum, the Limited Demand Resource shall be available for such interruptions on weekdays, other than NERC holidays, from 12:00PM (noon) to 8:00PM Eastern Prevailing Time.
Capacity Market Sellers that submit Buy Bids into an Incremental Auction must specify the type of Unforced Capacity desired, i.e., Annual Resource, Extended Summer Demand Resource, or Limited Demand Resource.