Examples of Owned Unit in a sentence
The operating owner’s Meter Agent will be the Meter Agent for that Jointly Owned Unit unless each individual Jointly Owned Unit participant registers a Meter Agent for its share of the Resource.
A Resource registered as a combined cycle Resource may not register as a Jointly Owned Unit.
In order to qualify for this option, each Market Participant must register its share and certify that it is greater than or equal to the minimum physical capacity operating limit of the physical Jointly Owned Unit.
In addition to the responsibilities described in Section 4.1.2 of this Attachment AE and under the Market Protocols, Market Participants wishing to model each participant’s share of a Jointly Owned Unit as a separate Resource must choose one of the two options described below and provide the specified additional information.
Unless otherwise agreed to by the Jointly Owned Unit participants, the operating owner will be responsible for submitting the following data: • Jointly Owned Unit maximum physical capacity operating limit; • Jointly Owned Unit minimum physical capacity operating limit; and • Maximum physical ten (10) minute response from an off-line state.
A Jointly Owned Unit under the combined Resource option will be dispatched using an aggregated Energy Offer Curve.
The Jointly Owned Unit minimum physical capacity operating limit and minimum physical regulation capacity operating limit when the Jointly Owned Unit is selected to Regulate, can be achieved by any combination of Jointly Owned Unit shares during the commitment period.
Each Asset Owner of a Jointly Owned Unit under the combined Resource option must submit a zero for the Minimum Emergency Capacity Operating Limit, Minimum Normal Capacity Operating Limit, Minimum Regulation Capacity Operating Limit, and Minimum Economic Capacity Operating Limit.
Once committed, each Jointly Owned Unit share is dispatched independently and is eligible for recovery of Start-Up Offer and No-Load offer costs as described under Sections 8.5.9 and 8.6.5 of this Attachment AE.
Unless otherwise agreed to by the Jointly Owned Unit participants, the operating owner will be responsible for submitting the following data: • Jointly Owned Unit maximum physical capacity operating limit; • Jointly Owned Unit minimum physical capacity operating limit; • Maximum physical ten (10) minute response from an off-line state; and • Participant share percentage by Market Participant.