Net Cost of New Entry definition

Net Cost of New Entry means the Cost of New Entry minus the Net Energy and Ancillary Service Revenue Offset.
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Net Cost of New Entry means the Cost of New Entry minus the Net Energy and Ancillary Service Revenue Offset, as defined in Section 5.
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Examples of Net Cost of New Entry in a sentence

  • Prior to the posting of the results of a Base Residual Auction for a Delivery Year, the Auction Credit Rate shall be (the greater of (i) 0.3 times the Net Cost of New Entry for the PJM Region for such Delivery Year, in MW-day or (ii) $20 per MW-day) times the number of days in such Delivery Year.

  • PJM, 169 FERC ¶ 61,239 at P 2 (“[T]he default offer price floor for applicable new resources will be the Net Cost of New Entry (Net CONE) for their resource class; the default offer price floor for applicable existing resources will be the Net Avoidable Cost Rate (Net ACR) for their resource class.” (footnotes omitted)); id.

  • PJM’s MOPR requires that all new, non- exempted natural gas-fired resources offer at or above that floor, equal to the Net Cost of New Entry (Net CONE) for the applicable asset class (by generator type and location).

  • Going forward, the default offer price floor for applicable new resources4 will be the Net Cost of New Entry (Net CONE) for their resource class; the default offer price floor for applicable existing resources5 will be the Net Avoidable Cost Rate (Net ACR) for their resource class.

  • Similarly, we reject PJM’s proposed Tariff revisions relating to 331 Id. at 5-6.332 Market Monitor Comments on First Compliance Filing at 9 (citing Gross Avoidable Cost Rate for Existing Generation & Net Cost of New Entry for New Energy Efficiency, The Brattle Group, Table 15: Net CONE of EE Programs by Utility).

  • Under the Part A test, NYISO will exempt a new entrant from the offer floor if the forecast of capacity prices in the first year of a new entrant’s operation is higher than the default offer floor, which is 75% of the Net Cost of New Entry (CONE) of the hypothetical unit modeled in the most recent ICAP demand curve reset.

  • The Order is arbitrary and capricious because it requires new generation resources, including renewable generation resources, to utilize the Net Cost of New Entry (“Net CONE”) method, as well as Net CONE inputs that are not appropriate or accurate, when calculating default prices assigned to these resources when they offer into PJM capacity market auctions (“MOPR Prices”).

  • Regarding the Net Cost of New Entry for the Forward Capacity Market Demand Curve, FERC Docket No. ER14- 1639-000, filed April 1 2014.

  • Prior to the posting of the results of a Base Residual Auction for a Delivery Year, the Price Responsive Demand Credit Rate shall be (the greater of (i) 0.3 times the Net Cost of New Entry for the PJM Region for such Delivery Year, in MW-day or (ii) $20 per MW-day) times the number of days in such Delivery Year; b.

  • PJM-ICC also argues that PJM failed to demonstrate how the energy savings assumed to be produced under PJM’s proposal would flow back through PJM’s capacity market demand curve via the inclusion of the Energy and Ancillary Services offset in the calculation of the Net Cost of New Entry (Net CONE), the input used to set the demand curve parameters.

Related to Net Cost of New Entry

  • Cost of New Entry or “CONE” shall mean the nominal levelized cost of a Reference Resource, as determined in accordance with Tariff, Attachment DD, section 5.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Direct Costs means the sum of the following:

  • Out-of-network means providers and facilities that haven’t signed a contract with your health plan to provide services. Out-of-network providers may be allowed to bill you for the difference between what your plan pays and the full amount charged for a service. This is called “balance billing.” This amount is likely more than in-network costs for the same service and might not count toward your plan’s deductible or annual out-of-pocket limit.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.