Renewable Energy Generation Capacity Margin Adjustment Amount definition

Renewable Energy Generation Capacity Margin Adjustment Amount means, with respect to any period between Sustainability Pricing Adjustment Dates, (a) positive 0.025%, if the Renewable Energy Generation Capacity Percentage as set forth in the applicable KPI Metrics Certificate is less than the Renewable Energy Generation Capacity Percentage Threshold, (b) 0.000%, if the Renewable Energy Generation Capacity Percentage as set forth in the applicable KPI Metrics Certificate is more than or equal to the Renewable Energy Generation Capacity Percentage Threshold but less than the Renewable Energy Generation Capacity Percentage Target, and (c) negative 0.025%, if the Renewable Energy Generation Capacity Percentage as set forth in the applicable KPI Metrics Certificate is more than or equal to the Renewable Energy Generation Capacity Percentage Target.
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Related to Renewable Energy Generation Capacity Margin Adjustment Amount

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Electric generation service means the provision of retail

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding. List of Approved Contractors:

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Class II renewable energy means electric energy produced at a

  • Maximum Generation Emergency Alert means an alert issued by the Office of the Interconnection to notify PJM Members, Transmission Owners, resource owners and operators, customers, and regulators that a Maximum Generation Emergency may be declared, for any Operating Day in either, as applicable, the Day-ahead Energy Market or the Real-time Energy Market, for all or any part of such Operating Day. Maximum Run Time:

  • Working voltage means the highest value of an electrical circuit voltage root-mean-square (rms), specified by the manufacturer, which may occur between any conductive parts in open circuit conditions or under normal operating conditions. If the electrical circuit is divided by galvanic isolation, the working voltage is defined for each divided circuit, respectively.