Day-ahead Scheduling Reserves Resources definition

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.
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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 System Energy Price:
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Examples of Day-ahead Scheduling Reserves Resources in a sentence

  • 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 foregoing notwithstanding, to qualify to submit Day-ahead Scheduling Reserves pursuant to this section, the Day-ahead Scheduling Reserves Resources shall submit energy offers in the Day-ahead Energy Market including start-up and shut-down costs for generation resource and Demand Resources, respectively, and all generation resources that are capable of providing Day-ahead Scheduling Reserves that a particular resource can provide that service.

  • Market Sellers providing Day-ahead Scheduling Reserves Resources shall submit in the Day-ahead Scheduling Reserves Market: 1) a price offer in dollars per megawatt hour; and 2) such other information specified by the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).

  • Day-ahead Scheduling Reserves Resources that clearin 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 Office of the Interconnection shall satisfy the Day-ahead Scheduling Reserves Requirement by procuring Day-ahead Scheduling Reserves in the Day-ahead Scheduling Reserves Market from Day-ahead Scheduling Reserves Resources, provided that Demand Resources shall be limited to providing the lesser of any limit established by the Reliability First Corporation or SERC, as applicable, or twenty-five percent of the total Day- ahead Scheduling Reserves Requirement.

  • Assessment of alternative options and mitigating measures If the abovementioned cost/benefit analysis indicates that small and micro are facing a relatively higher burden, one might consider the use of specific measures in order to ensure a level playing field and the respect of the proportionality principle.

  • The foregoing notwithstanding, to qualify to submit offers pursuant to this section, the Day-ahead Scheduling Reserves Resources shall submit energy offers in the Day-ahead Energy Market including start-up and shut-down costs for generation resource and Demand Resources, respectively, and all generation resources that are capable of providing Day-ahead Scheduling Reserves that a particular resource can provide that service.

  • The foregoing notwithstanding, to qualify to submit offers pursuant to this section, the Day-ahead Scheduling Reserves Resources shall submit energy offers in the Day-ahead Energy Market including start-up and shut-down costs for generation resource and Demand Resources, respectively, and all generation resources that are capable of providing Day-ahead Scheduling Reseerves that a particular resource can provide that service.

  • The hourly credits paid to Day-ahead Scheduling Reserves Resources satisfying the Base Day-ahead Scheduling Reserves Requirement (“Base Day-ahead Scheduling Reserves credits”) shall equal the ratio of the Base Day-ahead Scheduling Reserves Requirement to the Day-ahead Scheduling Reserves Requirement, multiplied by the total credits paid to Day-ahead Scheduling Reserves Resources, and are allocated as Base Day-ahead Scheduling Reserves charges per paragraph (i) below.

  • Market Sellers that wish to make Day-ahead Scheduling Reserves Resources available to sell Day-ahead Scheduling Reserves shall submit offers, each of which must equal or exceed 0.5 megawatts, in the Day-ahead Scheduling Reserves Market specifying: 1) the price of the offer in dollars per megawatt hour; and 2) such other information specified by the Office of the Interconnection as may be necessary to determine any relevant opportunity costs for the resource(s).

Related to Day-ahead Scheduling Reserves Resources

  • Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the ReliabilityFirst Corporation and SERC.

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

  • 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 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 Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.

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

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Surplus Interconnection Request means a request submitted by a Surplus Interconnection Customer, pursuant to Tariff, Attachment RR, to utilize Surplus Interconnection Service within the Transmission System in the PJM Region. A Surplus Interconnection Request is not a New Service Request.

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.