Locational UCAP definition

Locational UCAP means unforced capacity that a Member with available uncommitted capacity sells in a bilateral transaction to a Member that previously committed capacity through an RPM Auction but now requires replacement capacity to fulfill its RPM Auction commitment. The Locational UCAP Seller retains responsibility for performance of the resource providing such replacement capacity.
Sample 1Sample 2Sample 3
Locational UCAP means unforced capacity that a Member with available uncommitted capacity sells in a bilateral transaction to a Member that previously committed capacity through an RPM Auction but now requires replacement capacity to fulfill its RPM Auction commitment.
Sample 1Sample 2Sample 3
Locational UCAP means unforced capacity that a Member with available uncommitted capacity sells in a bilateral transaction to a Member that previously committed capacity through
Sample 1Sample 2Sample 3

Examples of Locational UCAP in a sentence

  • Tariff, Attachment DD, § 10A(g) (“Revenues collected from assessment of Non-Performance Charges for a Performance Assessment Interval shall be distributed to each Market Participant, whether or not such Market Participant committed a Capacity Resource or Locational UCAP for a Performance Assessment Interval, that provided energy or load reductions above the levels expected for such resource during such hour.”).

  • DD, § 10A(g) (“Revenues collected from assessment of Non- Performance Charges for a Performance Assessment Interval shall be distributed to each Market Participant, whether or not such Market Participant committed a Capacity Resource or Locational UCAP for a Performance Assessment Interval, that provided energy or load reductions above the levels expected for such resource during such interval.”).

  • The Market Seller that committed the resource, or Locational UCAP Seller that sold the resource, may perform an unlimited number of tests during each such period.

  • Locational UCAP may not be sold or purchased prior to the date that the final EFORD is established for such Delivery Year, and if designated to PJM by the Locational UCAP Seller as sold prior to the Third Incremental Auction for a Delivery Year must be confirmed by the buyer prior to such Third Incremental Auction as purchased for replacement capacity, or such transaction shall be rejected.

  • With the exception of certain Replacement Capacity transactions, the eRPM system will not accept transactions (Capacity Modifications, Demand Resource Modifications, Energy Efficiency Modifications, Unit-specific transactions, Cleared Buy Bid transactions, Auction Specific MW transactions or Locational UCAP Transfers) during the offer window or clearing week of the BaseResidual Auction.

  • For these non-capacity resources, their entire performance is considered Bonus Performance, as section 10A(g) makes clear: “Expected Performance shall be zero for any resource that is not a Capacity Resource or Locational UCAP, or that is a Capacity Resource or Locational UCAP, but for which the Performance Assessment Hour occurs outside the resource’s capacity obligation period,” such as a summer-only demand resource providing load reductions in the winter.

  • With the exception of certain Replacement Capacity transactions, the eRPM system will not accept transactions (Capacity Modifications, Demand Resource Modifications, Energy Efficiency Modifications, Unit-specific transactions, Cleared Buy Bid transactions, Auction Specific MW transactions or Locational UCAP Transfers) during the offer window or clearing week of the BaseRPM Base Residual Auction FAQs Residual Auction.

  • The Capacity Market Seller or Locational UCAP Seller shall commit such replacement Capacity Resource in accordance with the procedure set forth in the PJM Manuals.

  • If you purchased Locational UCAP from another party prior to the Third Incremental Auction, you must create a replacement transaction in Capacity Exchange and use the Locational UCAP toreduce the commitment on a Reliability Pricing Model committed resource before the start of the Third Incremental Auction.

  • A purchaser of Locational UCAP may not offer such capacity into an RPM Auction.


More Definitions of Locational UCAP

Locational UCAP means unforced capacity that a Member with available uncommitted
Sample 1

Related to Locational UCAP

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • Location Routing Number or "LRN" means a unique ten- (10)-digit number assigned to a Central Office Switch in a defined geographic area for call routing purposes. This ten- (10)-digit number serves as a network address and the routing information is stored in a database. Switches routing calls to subscribers whose telephone numbers are in portable NXXs perform a database query to obtain the Location Routing Number that corresponds with the Switch serving the dialed telephone number. Based on the Location Routing Number, the querying Carrier then routes the call to the Switch serving the ported number. The term "LRN" may also be used to refer to a method of LNP. "Long Distance Service" (see "Interexchange Service").

  • Common Language Location Identifier (CLLI) means the codes that provide a unique eleven (11) character representation of a network interconnection point. The first eight (8) characters identify the city, state and building location, while the last three (3) characters identify the network component.

  • Operational Manual means the manual referred to in Section 3.03 of this Agreement;

  • Automatic Location Identification or "ALI" is the automatic display at the Public Safety Answering Point (PSAP) of the caller's telephone number, the address/location of the telephone and supplementary emergency services information for Enhanced 911 (E911).

  • Correctional institution means a state prison, prison facility, or other prison institution, correctional camp, community corrections center, correctional farm, state reformatory, or probation recovery camp, owned, operated, leased, supervised, or contracted for by this state.

  • Intermediate Distribution Frame (IDF means a second frame that augments an existing Main Distribution Frame. Lines or outside cables that do not terminate on the IDF.