Day-ahead Scheduling Reserves definition

Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the ReliabilityFirst Corporation and SERC.
Sample 1Sample 2Sample 3
Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the Reliability First Corporation and SERC.
Sample 1Sample 2Sample 3

Examples of Day-ahead Scheduling Reserves in a sentence

  • In addition the Office of the Interconnection shall schedule Operating Reserves pursuant to those sections to satisfy any unforeseen Operating Reserve requirements that are not reflected in the Day-ahead Scheduling Reserves Requirement.

  • Generation resources with a start time greater than thirty minutes are required to be synchronized and operating at the direction of the Office of the Interconnection during the resource’s Day-ahead Scheduling Reserves schedule and shall have a dispatchable range equal to or greater than the Day-ahead Scheduling Reserves schedule.

  • To the extent that Section 3.2.3A.01 of Schedule 1 of this Agreement does not meet the Day-ahead Scheduling Reserves Requirement, the Office of the Interconnection shall schedule additional Operating Reserves pursuant to Section 1.7.17 and 1.10 of Schedule 1 of this Agreement.

  • Day-ahead Scheduling Reserves Resources that clear in the Day-ahead Scheduling Reserves Market shall receive a Day-ahead Scheduling Reserves schedule from the Office of the Interconnection for the relevant Operating Day.

  • The total megawatt volume of Base Day-ahead Scheduling Reserves resources equals the ratio of the Base Day-ahead Scheduling Reserves Requirement to the Day-ahead Scheduling Reserves Requirement multiplied by the total volume of Day-ahead Scheduling Reserves megawatts paid pursuant to paragraph (c) of this section.

  • The hourly obligation is equal to the Market Participant’s load ratio share of the total megawatt volume of Base Day-ahead Scheduling Reserves resources (described below), based on the Market Participant’s total hourly load (net of operating Behind The Meter Generation, but not to be less than zero) to the total hourly load of all Market Participants in the PJM Region.

  • The hourly obligation for each Market Participant is a megawatt representation of the portion of the Base Day-ahead Scheduling Reserves credits that the Market Participant is responsible for paying to PJM.

  • PJMSettlement shall be the Counterparty to the purchases and sales of Day-ahead Scheduling Reserves in the PJM Interchange Energy Market; provided that PJMSettlement shall not be a contracting party to bilateral transactions between Market Participants or with respect to a self-schedule or self- supply of generation resources by a Market Buyer to satisfy its Day-ahead Scheduling Reserves Requirement.

  • Importantly, mitigation can also be achieved by the developers making provision for necessary physical, social and green infrastructure; improvements to the accessibility and environmental quality of nearby Green Belt land; and applying the mitigation hierarchy and achieving biodiversity net gain of no less than 10% in accordance with policy JP-G9.

  • Such bilateral contracts shall be for the physical transfer of Regulation, Synchronized Reserve, or Day-ahead Scheduling Reserves to or from a Market Participant and shall be reported to and coordinated with the Office of the Interconnection in accordance with this Schedule and pursuant to the LLC’s rules relating to its eMarket tools.

Related to Day-ahead Scheduling Reserves

  • 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.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Day-Ahead Schedule has the meaning set forth in the CAISO Tariff.

  • Operating Reserve means generation capacity or load reduction capacity which can be called upon on short notice by either Party to replace scheduled energy supply which is unavailable as a result of an unexpected outage or to augment scheduled energy as a result of unexpected demand or other contingencies.

  • Spinning Reserve means the ability to immediately and automatically increase generation or reduce demand in response to a fall in frequency;

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Regulated Rate Tariff means a regulated rate tariff for the provision of Electricity Services to eligible customers prepared by EDTI, or a person with whom EDTI makes arrangements to do so, pursuant to section 102 of the Act;

  • PDP Reserves means Proven Reserves which are categorized as both "Developed" and "Producing" in the definitions promulgated by the Society of Petroleum Evaluation Engineers and the World Petroleum Congress as in effect at the time in question.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Shift Schedule means a written statement setting forth the days and hours upon which the employees are required to work.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Incremental Rights-Eligible Required Transmission Enhancements means Regional Facilities and Necessary Lower Voltage Facilities or Lower Voltage Facilities (as defined in Tariff, Schedule 12) and meet one of the following criteria: (1) cost responsibility is assigned to non-contiguous Zones that are not directly electrically connected; or (2) cost responsibility is assigned to Merchant Transmission Providers that are Responsible Customers.

  • maintenance order , in relation to a court, means an order made by a court —

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Weighted Reference Asset Return means for each Reference Asset contained in the Reference Portfolio and on any day, the product of (i) the Reference Asset Return and (ii) the Reference Asset Weight.

  • Maintenance Outage means NERC Event Type MO, as set forth in attached Exhibit B, and includes any outage involving ten percent (10%) of the Facility’s Net Output that is not a Forced Outage or a Planned Outage.

  • Tariff Schedule means the tariff schedule contained in Annexure B to this Access Arrangement or, if Envestra has published a revised tariff schedule, the tariff schedule in effect from time to time.

  • ISO-NE Tariff means ISO-NE’s Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended from time to time.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Maintenance Schedule means a document which describes the specific scheduled maintenance tasks and their frequency of completion necessary for the safe operation of those aircraft to which it applies;

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • 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.