Limited Duration Resource definition

Limited Duration Resource means a Generation Capacity Resource that is not a Variable Resource, that is not a Combination Resource, and that is not capable of running continuously at Maximum Facility Output for 24 hours or longer. A Capacity Storage Resource is a Limited Duration Resource.
Sample 1Sample 2Sample 3
Limited Duration Resource means a Generation Capacity Resource that is not aor a generation Component DER within a DER Aggregation Resource that is linked to a DER Capacity Aggregation Resource, that is not a Variable Resource, that is not a Combination Resource, and that is not capable of running continuously at Maximum Facility Output for 24 hours or longer. A Capacity Storage Resource is a Limited Duration Resource.
Sample 1

Examples of Limited Duration Resource in a sentence

  • The installed capacity of a Limited Duration Resource is based on the sustained level of output that the unit can provide and maintain over a continuous period, whereby the duration of that period matches the characteristic duration of the corresponding ELCC Class, with consideration given to ambient conditions expected to exist at the time of PJM system peak load, as described in the PJM Manuals.

  • For example, if a Mixed Technology Facility provider chooses to offer the facility into the Base Residual Auction as a single ELCC Combination Resource (rather than as a Variable Resource and a separate Limited Duration Resource), the resource must participate in energy markets as a Hybrid Resource.

  • The foundation for this analysis is the ELCC Class, and PJM proposes to group ELCC Resources into distinct ELCC Classes (e.g., onshore wind, 4- hour storage), each of which in turn is part of one of three categories (namely., Variable Resource, Limited Duration Resource, and Combination Resource).

  • In response to Question 4b below, PJM describes in detail the process used to determine the quantity of CIRs the various classes of Variable Resource, Limited Duration Resource, and Combination Resource holds, along with a comparison to nameplate capacity, existing UCAP valuation, and Accredited UCAP under the instant proposal.

  • The installed capacity of a Limited Duration Resource is based on the sustained level of output that the unit can provide and maintain over a continuous period, whereby theduration of that period matches the characteristic duration of the corresponding ELCC Class, with consideration given to ambient conditions expected to exist at the time of PJM system peak load, as described in the PJM Manuals.

  • A Combination Resource is a Generation Capacity Resources that has a component with the characteristics of a Limited Duration Resource combined with either a component that has the characteristics of an Unlimited Resource or a component that has the characteristics of a Variable Resource.

  • In contrast, the centroid separation did not correlate with dosimetric accuracy for the larynx.

  • A Limited Duration Resource (which includes any Energy Storage Resource) or Combination Resource must be in a given duration class for at least five delivery years.

Related to Limited Duration Resource

  • Texas Grant Management Standards or “TxGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas Government Code, to promote the efficient use of public funds in local government and in programs requiring cooperation among local, state, and federal agencies. Under this Grant Agreement, TxGMS applies to Grantee except as otherwise provided by applicable law or directed by System Agency. Additionally, except as otherwise provided by applicable law, in the event of a conflict between TxGMS and applicable federal or state law, federal law prevails over state law and state law prevails over TxGMS.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Procurement Manager means any person or designee authorized by a state agency or local public body to enter into or administer contracts and make written determinations with respect thereto.

  • Canadian Investment Manager designation means the designation earned through the Canadian investment manager program prepared and administered by CSI Global Education Inc. and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;