Penalty Factor definition

Penalty Factor means the factor which is multiplied by the New or Existing PRU to impose a penalty (or reduction) upon the PRU Deliverability.
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Penalty Factor means, to the extent available and able to be practicably calculated and implemented, the incremental transmission loss factor applied to the Incremental Cost of a Resource to reflect the cost of the Resource at CECo’s load center or other common reference point. The Penalty Factor shall be determined in accordance with RCP Procedure 1.
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Examples of Penalty Factor in a sentence

  • Should such Penalty Factors not be available, the Parties, by mutual agreement, shall consider other means of reflecting prices at a common reference point to determine a Penalty Factor to the extent such can be practicably calculated and implemented.

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a voltage reduction action as described in the PJM Manuals or a manual load dump action as described in the PJM Manuals, the 5-minute clearing price shall be the Reserve Penalty Factor for the Primary Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

  • Perimeter controls are intended to capture soil that has passed all other erosion and sediment controls, serving as the last measure of defense Penalty Factor Assessed Value Discussion against offsite discharges and downstream impacts.8 The failures of the perimeter controls resulted in discharges of sediment and sediment-laden stormwater to the Central Creek Channel and to other unnamed waters draining to San ▇▇▇▇▇ Creek and ▇▇▇▇▇▇▇▇▇ Canyon Creek.

  • The Reserve Penalty Factor for the Extended Primary Reserve Requirement shall be $300/MWh. By no later than April 30 of each year, the Office of the Interconnection will analyze Market Participants’ response to prices exceeding $1,000/MWh on an annual basis and will provide its analysis to PJM stakeholders.

  • The Reserve Penalty Factor for the Extended Synchronized Reserve Requirement shall be $300/MWh. By no later than April 30 of each year, the Office of the Interconnection will analyze Market Participants’ response to prices exceeding $1,000/MWh on an annual basis and will provide its analysis to PJM stakeholders.

  • Forecast Energy Requirement Penalty Factor is a rate, in $/MWh, that is used within the Day-Ahead Market security-constrained economic commitment and dispatch process to reflect the value of forecast energy requirement shortages and is defined in Section III.2.6.2(d) of Market Rule 1.

  • Penalty Factor Score Discussion Therefore, the Prosecution Team concludes that the Discharger can pay the proposed liability without undue financial hardship.

  • When the Synchronized Reserve Requirement or Extended Synchronized Reserve Requirement in a Reserve Zone or Reserve Sub-zone cannot be met, the 5-minute clearing price shall be at least greater than or equal to the applicable Reserve Penalty Factor for the Reserve Zone or Reserve Sub-zone, but less than or equal to the sum of the Reserve Penalty Factors for the Synchronized Reserve Requirement and Primary Reserve Requirement for the Reserve Zone or Reserve Sub-zone.

Related to Penalty Factor

  • Reserve Penalty Factor means the cost, in $/MWh, associated with being unable to meet a specific reserve requirement in a Reserve Zone or Reserve Sub-zone. A Reserve Penalty Factor will be defined for each reserve requirement in a Reserve Zone or Reserve Sub-zone.

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of