Critical Peak Pricing definition

Critical Peak Pricing or “CPP” means a dynamic rate that allows a short-term, CPP-event Energy Charge of a predetermined level during high load or other high-cost system conditions. Typically, the time and duration of the CPP Energy Charge are predetermined, but the CPP event days are not predetermined. Participating customers receive a credit reflected in summer TRD Charges or Energy Charges, where applicable, on all days when CPP events are not called.
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Critical Peak Pricing means when utilities observe or anticipate high wholesale market prices or power system emergency conditions, they may call critical events during a specified time period (e.g., 3 p.m.—6 p.m. on a hot summer weekday), the price for electricity during these time periods is substantially raised.
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Critical Peak Pricing means a dynamic rate that allows a short-term price increase of a predetermined level to reflect real-time system conditions. Typically, the time and duration of the price increase are predetermined, but the event days are not predetermined.
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Examples of Critical Peak Pricing in a sentence

  • Customers electing to take service under the Critical Peak Pricing Tariff are expected to remain on this schedule for a minimum of one (1) year.

  • Critical Peak Pricing (CPP): Rates that institute a single or variable predetermined price for electricity during a narrowly defined period (e.g., summer weekday between 4 PM and 7 PM) that is only applied during specific system operating or market conditions and generally limited in the number of times it can be dispatched (e.g. twelve times per year).

  • The following are directed modifications to the Critical Peak Pricing (CPP) rate design programs of PG&E, SCE, and SDG&E.

  • Accessed on November 22, 2017 at https://energy.gov/oe/activities/technology-development/grid-modernization-and-smart-grid/demand-responseSome demand response and time-of-use programs are not common to all California utilities, including the following: Critical Peak Pricing (CPP)Also called the Summer Advantage Incentive (offered by SCE and SDG&E), CPP offers lower electricity rates year-round in return for setting a higher rate on specific summer afternoons.

  • Peak Day Pricing (PDP)This PG&E program is very similar to SCE’s and SDG&E’s Critical Peak Pricing (see above).

  • Payments.................................................................16 11.

  • Summit Blue Proposed Revision Definition of Critical Peak Pricing Rates which typically charge a much higher price during a few hours per day on critical peak days.

  • Load Response from Critical Peak Pricing and Demand Response Enabling Technologies 35Figure 4-4.

  • Customers are typically notified of RTP prices on a day-ahead orhour-ahead basis.• Critical Peak Pricing (CPP): CPP rates are a hybrid of the TOU and RTP design.

  • SPO can optimize for different types of peak-load reduction DR events (e.g., through utility programs such as Peak Day Pricing [78] or Critical Peak Pricing [79]), as well as dynamic prices [80,81].


More Definitions of Critical Peak Pricing

Critical Peak Pricing means the Critical Peak Pricing program as more particularly described on SCE’s Schedule CPP Critical Peak Pricing tariff sheet, Cal. PUC Sheet No. 47305-E, or any successors thereto.
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Critical Peak Pricing means rates that dramatically increase on short notice when costs spike,
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Related to Critical Peak Pricing

  • Critical Path means those Trade Contractor Work activities identified on the Construction Schedule which, if delayed, will cause a corresponding Delay in the Substantial Completion Date.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Level IV Pricing applies at any date, if at such date, (i) the Company's long-term debt is rated BBB+ or higher by S&P or Baa1 by Moody's and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies. "Level V Pricing" applies at any date if, at such date, none of Level I Pricing, Level II Pricing, Level III Pricing or Level IV Pricing applies.

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Level III Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A- or higher by S&P or A3 or higher by Moody’s and (ii) neither Level I Pricing nor Level II Pricing applies.

  • Catalog Pricing and Pricing Requirements This is a requirement of the TIPS Contract and is non-negotiable. In this solicitation and resulting contract, "Catalog Pricing" shall be defined as: "The then available list of goods or services, in the most current listing regardless of date, that takes the form of a catalog, price list, price schedule, shelf-price or other viewable format that:

  • Level II Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A or higher by S&P or A2 or higher by Moody’s and (ii) Level I Pricing does not apply.

  • Critical facility means a facility for which even a slight chance of flooding might be too great. Critical facilities include, but are not limited to, schools, nursing homes, hospitals, police, fire and emergency response installations, and installations which produce, use or store hazardous materials or hazardous waste.

  • Critical control point means a point, step, or procedure in a food proc- ess at which control can be applied, and a food safety hazard can as a result be prevented, eliminated, or reduced to acceptable levels.

  • Critical group means the group of individuals reasonably expected to receive the greatest exposure to residual radioactivity for any applicable set of circumstances.

  • Interconnected Reliability Operating Limit or “IROL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) derived from, or a subset of, the System Operating Limits, which if exceeded, could expose a widespread area of the bulk electrical system to instability, uncontrolled separation(s) or cascading outages.

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Section 385 Expanded Group shall have the meaning set forth in Treasury Regulation Section 1.385-1(c)(4) for an “expanded group”.

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.

  • Clinical evaluation means a systematic and planned process to continuously generate, collect, analyse and assess the clinical data pertaining to a device in order to verify the safety and performance, including clinical benefits, of the device when used as intended by the manufacturer;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Operationally critical support ’ means supplies or services designated by the Government as critical for airlift, sealift, intermodal transportation services, or logistical support that is essential to the mobilization, deployment, or sustainment of the Armed Forces in a contingency operation.

  • Reference Tariff means an access charge (including any system premium) applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR Network’s Access Undertaking;

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • Peer support specialist means an individual who has experienced a severe and persistent mental illness and who has successfully completed standardized training to provide peer support services through the medical assistance program or the Iowa Behavioral Health Care Plan.

  • Reference Schedule means the reference schedule in Part A of this Invitation

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.