Zonal Resource Credit definition

Zonal Resource Credit or “ZRC” has the meaning given to such term in the MISO Rules. For the avoidance of doubt, as of the Effective Date, ZRCs include any ZRCs properly generated from Demand Response Resources (as defined in the MISO Rules) and/or Load Modifying Resources (as defined in the MISO Rules).

Examples of Zonal Resource Credit in a sentence

  • Note a Zonal Resource Credit (ZRC) represents one megawatt of accredited generating capacity under the MISO resource adequacy rules.

  • The utility may identify and/or 3 For example, MISO Zonal Resource Credit.

  • The utility shall provide a table that clearly identifies the where in the filing it has met all the 4 For example, MISO Zonal Resource Credit.

  • It was staff’s recommendation to approve the two Zonal Resource Credit (ZRC) PPC Authorizations and the AES Calhoun Solar Capacity PPC Authorization.

  • For example, the product has to be defined, and since Zonal Resource Credit is a specifically defined MISO product, a transaction would specify the product as ZRCs. Since MISO defines a ZRC for a specific Planning Year, the Planning Year of the purchase is identified.

  • As the BPW receives MISO capacity credit for the unit, the return on investment is estimated at less than two (2) years, based on recent Zonal Resource Credit (ZRC) capacity transactions executed through the Michigan Public Power Agency (MPPA).

  • A Zonal Resource Credit is the capacity product that MISO purchases.

  • MISO’s Module E Capacity Tracking Tool (“MECT”) is the system by which Market Participants submit Zonal Resource Credit (“ZRC”) Offers during that time.

  • Rather than basing its methodology on its own "full avoided costs," as federal law requires, Consumers bases its avoided costs, either in whole or in part, on prices and mechanisms of the MISO short-term, residual market – namely the Locational Marginal Prices ("LMP") for energy, and the MISO PRA and Zonal Resource Credit ("ZRC") for capacity.

  • For example, if a supplier was awarded capacity in the 2011/2012 procurement, it would be using an agreement that has no terms associated with the pending MISO Zonal Resource Credit (“ZRC”) construct, whereas a supplier that has never been awarded capacity would sign the agreement associated with the 2012/2013 procurement, which has terms associated with the pending MISO ZRC construct.

Related to Zonal Resource Credit

  • Natural Resource Damages or “NRD” means any damages recoverable by the United States or the State on behalf of the public for injury to, destruction of, or loss or impairment of Natural Resources at the Site as a result of a release of hazardous substances, including but not limited to: (i) the costs of assessing such injury, destruction, or loss or impairment arising from or relating to such a release; (ii) the costs of restoration, rehabilitation, or replacement of injured or lost natural resources or of acquisition of equivalent resources; (iii) the costs of planning such restoration activities; (iv) compensation for injury, destruction, loss, impairment, diminution in value, or loss of use of natural resources; and (v) each of the categories of recoverable damages described in 43 C.F.R. § 11.15 and applicable state law.

  • Mineral Resource means a concentration or occurrence of diamonds, natural solid inorganic material, or fossilized organic material including base and precious metals, coal, diamonds or industrial minerals in or on the earth’s crust in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge;

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • resource main means (subject to Section 219(2) of the 1991 Act) any pipe, not being a trunk main, which is or is to be used for the purpose of-

  • Natural Resource or “Natural Resources” shall mean land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources, belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • Natural resources means all land, fish, shellfish, wildlife, biota,

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • Annual Resource means a Generation Capacity Resource, an Annual Energy Efficiency Resource or an Annual Demand Resource.

  • Geothermal resources shall collectively mean the matter, substances and resources defined in subparagraph 21(a) that are not subject to this Lease but are located on adjacent land or lands in reasonable proximity thereto;

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Service Credit means the periods of time for which the required contributions have been made to

  • Measured Mineral Resource means that part of a Mineral Resource for which quantity, grade or quality, densities, shape, and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.

  • Inferred Mineral Resource means that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

  • Resource recovery facility means a solid waste facility

  • Cultural resources means archaeological and historic sites and artifacts, and traditional religious, ceremonial and social uses and activities of affected Indian tribes.

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Individual Resource Status: Single Dwelling Contributing 1 Total: 1 Individual Resource Status: Shed Contributing 1 Total: 1 Primary Resource Information: Single Dwelling, Stories 1.00, Style: Queen Anne, ca 1895 February 2007: This Queen Anne style house has aluminum siding on a wood frame. The foundation is not visible. There is a 1 story 3 bay porch with turned wooden posts. The windows are 1/1 double hung vinyl. The roof is an aluminum false mansard. 2313 T Street, 2315 T Street, 2317 T Street, and 2319 T Street comprise a series of houses built on the same design, nearly identical to those found around the corner in the 1300 block of 24th Street. The design is two bays, one story, frame, with a false mansard roof. All four retain original Queen Anne style lathe-turned porch posts. All but 2313 have original wood sash 1/1 windows, while 2313 has vinyl replacements. 2319 has Inselstone siding, and 2313 has aluminum siding, while the two center houses (2315 and 2317) appear to have recently been restored to their original wood siding, which is double covelap. The original pressed metal shingles are still in place in the false mansard of 2319, while the mansard at 2313 has siding over the mansard; the two houses in between (2315 and 2317) have some kind of slate or wood shingle that has been painted in the mansards.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • Diatomaceous earth filtration means a process resulting in substantial particulate removal in which (1) a precoat cake of diatomaceous earth filter media is deposited on a support membrane (septum), and (2) while the water is filtered by passing through the cake on the septum, additional filter media known as body feed is continuously added to the feed water to maintain the permeability of the filter cake.

  • Renewable Energy Credits means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • energy storage means, in the electricity system, deferring the final use of electricity to a moment later than when it was generated, or the conversion of electrical energy into a form of energy which can be stored, the storing of such energy, and the subsequent reconversion of such energy into electrical energy or use as another energy carrier;

  • Disaster Recovery Services means the Services embodied in the processes and procedures for restoring the provision of Services following the occurrence of a Disaster, as detailed further in Call Off Schedule 8 (Business Continuity and Disaster Recovery);

  • 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.