Examples of Forecast Pool Requirement in a sentence
The Sub-Annual Resource Reliability Target shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [the Forecast Pool Requirement] times [the DR Factor] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].
The Self-Supply LSE’s Estimated Capacity Obligation shall be the average, for the three Delivery Years of the MOPR Exemption Measurement Period, of the Self-Supply LSE’s estimated share of the most recent available Zonal Peak Load Forecast for each such Delivery Year for each Zone in which the Self-Supply LSE will serve load during such Delivery Year, times the Forecast Pool Requirement established for the first such Delivery Year, shall be stated on an Unforced Capacity basis.
The Office of the Interconnection shall, in both cases, convert such value to an Unforced Capacity basis by multiplying such value by the DR Factor (for Delivery Years through May 31, 2018) times the Forecast Pool Requirement.
Schedule 4 sets forth guidelines with respect to the Forecast Pool Requirement.
The Unforced Capacity value of an Energy Efficiency Resource offered into an RPM Auction shall be the Nominated Energy Efficiency value times the DR Factor and the Forecast Pool Requirement.
For the 2023/2024 Delivery Year and subsequent Delivery Years, to determine the applicable UCAP MW-day value, the net cost of new entry is adjusted as follows: for thermal generation resource types, the applicable class average EFORd; for battery storage, wind, and solar resource types, the applicable ELCC Class Rating; or for Demand Resources and Energy Efficiency Resources, the Forecast Pool Requirement, as applicable to the relevant RPM Auction.
For Delivery Years through May 31, 2018, or for FRR Capacity Plans for Delivery Years through May 31, 2019, the Unforced Capacity value of an Energy Efficiency Resource offered into an RPM Auction shall be the Nominated Energy Efficiency value times the DR Factor and the Forecast Pool Requirement.
Each year, the Forecast Pool Requirement for at least each of the next five Planning Periods shall be projected by applying suitable probability methods to the data and forecasts provided by the Parties and obtained from Electric Distributors, as described in Schedule 15, the Amended Operating Agreement and in the PJM Manuals.
The Forecast Pool Requirement shall be determined for the specified Planning Periods to establish the level of Capacity Resources and ALM that will provide an acceptable level of reliability consistent with the Reliability Principles and Standards.
For the 2018/2019 Delivery Year and subsequent Delivery Years, or for FRR Capacity Plans for the 2019/2020 Delivery Year and subsequent Delivery Years, the Unforced Capacity value of an Energy Efficiency Resource offered into an RPM Auction shall be the Nominated Energy Efficiency Value times the Forecast Pool Requirement.