Base Residual Auction means the auction conducted three years prior to the start of the Delivery Year to secure commitments from Capacity Resources as necessary to satisfy any portion of the Unforced Capacity Obligation of the PJM Region not satisfied through Self- Supply.
Base Residual Auction means the auction conducted by PJM, as
Base Residual Auction means the auction conducted three years prior to the start of the Delivery Year to secure commitments from Capacity Resources as necessary to satisfy any portion of the Unforced Capacity Obligation of the PJM Region not satisfied through Self-Supply.
Examples of Base Residual Auction in a sentence
Base Residual Auction Results www.pjm.com/markets-and- operations/rpm/rpm-auction-user-info.aspx#Item01; PJM.
PJM proposes to revise the Non-Performance Charge Limit specified in OATT, Attachment DD, § 10A to be indexed to the Base Residual Auction (BRA) clearing price rather than to the Net Cost of New Entry (Net CONE).
Any simulation is subject to random error.8 Using a black box simulation method to define the asset value of resources is a fundamental departure from the current practice of using the most recent performance as measured by the transparent outage rate of the resource to calculate the unforced capacity that could be offered in the Base Residual Auction.
More Definitions of Base Residual Auction
Base Residual Auction means the auction conducted by PJM, as part of PJM's reliability pricing model, three years prior to the start of the delivery year to secure electrical capacity as necessary to satisfy the capacity requirements for that delivery year.
Base Residual Auction means the primary auction conducted by PJM as part of PJM’s Reliability Pricing Model to secure electrical capacity as necessary to satisfy the capacity requirements imposed under the PJM Reliability Assurance Agreement for the Delivery Year.
Base Residual Auction shall have the same meaning as in Tariff, Attachment DD.
Base Residual Auction means the primary auction conducted by PJM as part of PJM’s Reliability Pricing Model [RPM] to secure electrical capacity as necessary to satisfy the capacity requirements imposed under the PJM reliability assurance agreement for the Delivery Year.
Base Residual Auction or “BRA” shall have the meaning set forth in the PJM Agreements.
Base Residual Auction shall have the same meaning as in Tariff, Attachment DD. Behind The Meter Generation: