Third Incremental Auction definition

Third Incremental Auction means an Incremental Auction conducted three months before the Delivery Year to which it relates.
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Third Incremental Auction means an Incremental Auction conducted three months before the Delivery Year to which it relates for Delivery Years prior to the 2021/2022 Delivery Year.
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Third Incremental Auction means an auction conducted pursuant to Section 5, in which Market Sellers that committed Capacity Resources in the Base Residual, First Incremental, or Second Incremental Auction for a Delivery Year, which subsequently are determined to be unavailable to deliver the committed Unforced Capacity in such Delivery Year, may submit Buy Bids for replacement Capacity Resources.
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Examples of Third Incremental Auction in a sentence

  • Share of Zonal Nominal PRD Value Committed in Third Incremental Auction = Nominal PRD Value for such registration/Total Zonal Nominal PRD Value of all Price Responsive Demand registered by the PRD Provider of such registration *Zonal Nominal PRD Value committed in the Third Incremental Auction by the PRD Provider of such registration.

  • FZPLDY = Final Zonal Peak Load Forecast for such Delivery Year; and FZWNSP = Zonal Weather-Normalized Peak Load for the summer concluding prior to the commencement of such Delivery Year; And where the PRD registration is associated with a sub-Zone, the Share of the Nominal PRD Value Committed in Base Residual Auction or Third Incremental Auction will be based on the Nominal PRD Values committed and registered in a sub-Zone.

  • Incremental Auction shall mean the First Incremental Auction, the Second Incremental Auction, the Third Incremental Auction, or the Conditional Incremental Auction, each as defined in Attachment DD to the PJM Tariff.

  • Incremental Auction shall mean the First Incremental Auction, the Second Incremental Auction, the Third Incremental Auction, or the Conditional Incremental Auction, each as defined in Attachment DD to have the same meaning as in the PJM Tariff.


More Definitions of Third Incremental Auction

Third Incremental Auction means, for Delivery Years through the 2016-2017 Delivery Year, an Incremental Auction conducted three months before the Delivery Year to which it relates.
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