Details of the Effective Load Carrying Capability Methodology Sample Clauses

Details of the Effective Load Carrying Capability Methodology. The effective load carrying capability analysis shall compare expected hourly load levels (based on historical weather) with the expected hourly output of the expected future resource mix in order to identify the relative resource adequacy value of the portfolio of all ELCC Classes, as well of each individual ELCC Class, compared to a group of Unlimited Resources with no outages. In performing this analysis, the model inputs shall be scaled to meet the annual loss of load expectation of the Office of the Interconnection. The effective load carrying capability analysis shall compare hourly values for: (i) expected load based on historical weather; (ii) expected Variable Resource output; and (iii) expected output of Limited Duration Resources and of Combination Resources as described below. These expected quantities are based on actual values for load and actual and putative values for Variable Resource output (standalone or as a component of Combination Resources) after June 1, 2012 (inclusive) through the most recent Delivery Year for which complete data exist. For resources that have not existed each year since June 1, 2012, putative output is an estimate of the hourly output that resource would have produced in a historical hour if that resource had existed in that hour. This putative output estimate is developed based on historical weather data consistent with the particular site conditions for each such resource in accordance with the PJM Manuals. For the 2025/2026 Delivery Year and subsequent Delivery Years, Variable Resource actual output shall be adjusted in the ELCC analysis to reflect historical curtailments, and output shall be capped in any hour at: (i) the Variable Resource’s Capacity Interconnection Rights during the months of June through October and the following May of the Delivery Year, and (ii) the Variable Resource’s winter deliverability MW, as defined in the PJM Manuals, during the months of November through April of the Delivery Year. The effective load carrying capability analysis shall simulate forced outages of Unlimited Resources based on actual historical data, and shall simulate the output of Limited Duration Resources and Combination Resources based on their Office of the Interconnection-validated parameters, including the putative output of the Variable Resource component of Combination Resources, as described above. Forced outages of Limited Duration Resources and Combination Resources shall not be simulated in the effective ...
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