Synchronized Reserve definition

Synchronized Reserve means the reserve capability of generation resources that can be converted fully into energy or Demand Resources whose demand can be reduced within ten minutes from the request of the Office of the Interconnection dispatcher, and is provided by equipment that is electrically synchronized to the Transmission System.
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Synchronized Reserve means the reserve capability of generation resources that can be converted fully into energy or Economic Load Response Participant resources whose demand can be reduced within ten minutes from the request of the Office of the Interconnection dispatcher, and is provided by equipment that is electrically synchronized to the Transmission System.
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Synchronized Reserve means the reserve capability of generation resources that can be
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Examples of Synchronized Reserve in a sentence

  • The total Synchronized Reserve Obligations of all Load Serving Entities under section 3.2.3A(a) in the zone where these condensers are located shall be reduced by the amount counted as satisfying the PJM Synchronized Reserve requirements.

  • To the extent a condenser operated to provide Reactive Services was not also providing Synchronized Reserve, the Market Seller shall be credited only for the generating unit’s cost to condense, as described in (ii) above.

  • The price of the offer shall not exceed the variable operating and maintenance costs for providing Synchronized Reserve plus seven dollars and fifty cents.

  • The Synchronized Reserve Obligation of each Load Serving Entity in the zone under section 3.2.3A(a) shall be reduced to the same extent that the costs of such condensers counted as Synchronized Reserve are allocated to such Load Serving Entity pursuant to subsection (l) below.

  • The amount of Synchronized Reserve provided by a generation unit shall serve to redefine the Normal Maximum Generation energy limit of that generation unit in that the amount of Synchronized Reserve provided shall be subtracted from its Normal Maximum Generation energy limit.

  • During such hours, Tier 1 Synchronized Reserve resources shall be compensated at the Synchronized Reserve Market Clearing Price for the applicable Reserve Zone or Reserve Sub-zone for the lesser of the amount of Tier 1 Synchronized Reserve attributed to the resource as calculated by the Office of the Interconnection, or the actual amount of Tier 1 Synchronized Reserve provided should a Synchronized Reserve Event occur in a Real-time Settlement Interval.

  • At the end of each Operating Day, Market Sellers shall be credited on the basis of their offered prices for synchronous condensing for purposes other than providing Synchronized Reserve or Reactive Services, as well as the credits calculated as specified in Section 3.2.3(b) for those generators committed solely for the purpose of providing synchronous condensing for purposes other than providing Synchronized Reserve or Reactive Services, at the request of the Office of the Interconnection.

  • The Office of the Interconnection will also review this analysis to determine whether any changes to the Synchronized Reserve Penalty Factors are warranted for subsequent Delivery Year(s).

  • A Market Participant with an hourly Synchronized Reserve Obligation shall be charged the pro rata share of the sum of the quantity of Synchronized Reserves provided in each Real-time Settlement Interval times the clearing price for all Real-time Settlement Intervals in the hour associated with that obligation.

  • Each 5-minute clearing price shall be calculated as the marginal cost of serving the next increment of demand for Synchronized Reserve in each Reserve Zone or Reserve Sub-zone, inclusive of Synchronized Reserve offer prices and opportunity costs.


More Definitions of Synchronized Reserve

Synchronized Reserve means the reserve capability of generation resources that can be converted fully into energy or Demand Resources whose demand can be reduced within ten
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Synchronized Reserve means the reserve capability of generation resources that can be converted fully into energy or Demand Resources whose demand can be reduced within ten minutes from the request of the Office of the Interconnection dispatcher, and is provided by
Sample 1Sample 2

Related to Synchronized Reserve

  • Non-Synchronized Reserve means the reserve capability of non-emergency generation resources that can be converted fully into energy within ten minutes of a request from the Office of the Interconnection dispatcher, and is provided by equipment that is not electrically synchronized to the Transmission System.

  • Non-Synchronized Reserve Event means a request from the Office of the Interconnection to generation resources able and assigned to provide Non-Synchronized Reserve in one or more specified Reserve Zones or Reserve Sub-zones, within ten minutes to increase the energy output by the amount of assigned Non-Synchronized Reserve capability. Non-Variable Loads:

  • Customer account service means metering, billing, or such

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Yield Reserve means, on any date, an amount equal to: (a) the Capital at the close of business of the Servicer on such date multiplied by (b)(i) the Yield Reserve Percentage on such date divided by (ii) 100% minus the Yield Reserve Percentage on such date.