Base Capacity Resource definition
Examples of Base Capacity Resource in a sentence
The Base Capacity Resource Constraint is the combined amount of Base Capacity Demand Resources, Base Capacity Energy Efficiency Resources and Base Capacity Resources, stated as a percentage of the unrestricted annual peak load, that produces no more than a ten percent increase in the LOLE, compared to the reference value.
As more fully set forth in the PJM Manuals, PJM calculates the above Base Capacity Resource Constraint for the PJM Region or an LDA, by first determining a reference annual loss of load expectation (“LOLE”) assuming no Base Capacity Resources, including no Base Capacity Demand Resources or Base Capacity Energy Efficiency Resources.
The Base Capacity Resource Constraint 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 [one minus the pool-wide average EFORd] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].
PJM then models the commitment of varying amounts of Base Capacity Resources (displacing otherwise committed generation) as unavailable during the peak week of winter and available the rest of the Delivery Year in question and calculates the LOLE at each Base Capacity Resource level.
For the 2019/2020 Delivery Year, the set of Capacity Resources designated in the FRR Capacity Plan must satisfy the Base Capacity Resource Constraints and Base Capacity Demand Resource Constraints applicable to the FRR Entity’s capacity obligation.
Base Capacity Resource: "Base Capacity Resource" shall have the same meaning as in Tariff, Attachment DD.
Base Capacity Resource" shall have the same meaning as in Tariff, Attachment DD.
No less than four months before the conduct of the Base Residual Auction for the first Delivery Year for which such election is to be effective, any Party seeking to elect the FRR Alternative shall notify Base Capacity Resource term has passed sunset date and is no longer Governing Document, Agreement, Attachment, Section, Title Current Language Proposed Revisions Rationale/Notes Office of the Interconnection in writing of such election.