Capacity Credit definition

Capacity Credit shall have the meaning specified in Operating Agreement, Schedule 11, including Capacity Credits obtained prior to the termination of such Schedule applicable to periods after the termination of such Schedule. Capacity Emergency Transfer Limit:

Capacity Credit or “CC” means a percentage of a resource’s nameplate capacity that can be counted towards resource adequacy requirements.

Capacity Credit means an entitlement to a specified number of megawatts of Unforced Capacity from a Capacity Resource for the purpose of satisfying capacity obligations imposed under the Reliability Assurance Agreement or Reliability Assurance Agreement-West, such entitlement not to include any entitlement to the output of the Capacity Resource. Solely for purposes of the PJM Installed Capacity Credit Markets, the term Capacity Credit also shall refer to credits for Installed Capacity during the Interim Period for the ComEd Zone.

Examples of Capacity Credit in a sentence

• The distribution licensee shall compute Capacity Credit (CC) factors for their contracted generation resources by applying the net load-based approach as outlined under Clause 10.2 of this Regulation.

• For the purposes of establishing values of the Wind Capacity Credit (WCCh) for each Wind Power Unit for each Trading Period in Year y, the System Operators shall, prior to the start of each such Year, derive a plot of capacity credit versus wind capacity on an all-island basis for the relevant Year, employing the methodology utilised in the most recent production of the Generation Adequacy Report.

• WCCh is the Wind Capacity Credit determined for all Wind Power Units in Trading Period h by the System Operators.

• The Local Facilities Credit is the lesser of the kW of Capacity Credit or the kVA of Capacity Credit.Option A will be calculated based on the kW and kVA of Capacity as specified under Rate 61 General Service or Rate 63 Large General Service schedules, as applicable.

• The five-year average of the Capacity Credit (CC) factor for each type of the contracted generation resource for the recent five years on a rolling basis shall be considered as Capacity Credit factor for the purpose of generation resource planning.

More Definitions of Capacity Credit

Capacity Credit means the type, form and amount of generating capability required to service Retail Load as set forth by PJM in the Related Documents, but does not include any entitlement to any transmission Congestion Rights or to the output of the Capacity Resource.

Capacity Credit shall, subject to the transition provision specified below, mean an entitlement to a specified number of megawatts of Unforced Capacity from a Capacity Resource for the purpose of satisfying capacity obligations imposed under the Reliability Assurance Agreement, such entitlement not to include any entitlement to the output of the Capacity Resource.

Capacity Credit means an entitlement to a specified number of megawatts of Capacity from a Capacity Resource for the purpose of satisfying a capacity obligation imposed under the Reliability Assurance Agreement, and deficiency charges shall be determined in accordance with the then-current Reliability Assurance Agreement.

Capacity Credit means the price per MW-day paid by PECO to SELLER for DESIGNATED CAPACITY under this ADDENDUM.

Capacity Credit or “CC” means a percentage of a resource’s nameplate capacity

Capacity Credit means all Capacity credits or savings related to Capacity produced 21 or made available by the Project that are available with respect to the Project.

Capacity Credit means the Entitlement Credit for St. Lucie, Xxxxxxx and the Lake Worth CC (or in simple cycle mode) totaling up to 61.78