Examples of Demand Bid Limit in a sentence
A Load Serving Entity may submit a written exception request to the Office of Interconnection for a higher Demand Bid Limit for an affected Operating Day.
Such request must include a detailed explanation of the circumstances at issue and supporting documentation that justify the Load Serving Entity’s expectation that its actual load will exceed its Demand Bid Limit.
Such Demand Bid Limit will apply to all Demand Bids submitted by that Load Serving Entity for each future Operating Day for which it submits bids.
Using Demand Bid Screening, the Office of the Interconnection will automatically reject a Load Serving Entity’s Demand Bids in any future Operating Day for which the Load Serving Entity submits bids if the total megawatt volume of such bids would exceed the Load Serving Entity’s Demand Bid Limit for any hour in such Operating Day, unless the Office of the Interconnection permits an exception pursuant to subsection (d) below.
Such request must include a detailed explanation of the circumstances at issue andsupporting documentation that justify the Load Serving Entity’s expectation that its actual load will exceed its Demand Bid Limit.
Using Demand Bid Screening, the Office of the Interconnection will automatically reject a Load Serving Entity’s Demand Bids in any future Operating Day forwhich the Load Serving Entity submits bids if the total megawatt volume of such bids would exceed the Load Serving Entity’s Demand Bid Limit for any hour in such Operating Day, unless the Office of the Interconnection permits an exception pursuant to subsection (d) below.
PJM may allow a Load Serving Entity to submit bids in excess of its Demand Bid Limit when circumstances exist that will cause, or are reasonably expected to cause, a Load Serving Entity’s actual load to exceed its Demand Bid Limit on a given Operating Day.
PJM automatically rejects a LSE’s Demand Bids if the total MW volume of such bids exceeds the LSE’s Demand Bid limit for any hour in such Operating Day.• On a daily basis, PJM updates and posts each LSE’s Demand Bid Limit in each applicable Zone.
Examples of such circumstances include, but are not limited to, changes in load commitments due to state sponsored auctions, mergers and acquisitions between PJM Members, and sales and divestitures between PJM Members.• A LSE whose Demand Bids are rejected as a result of Demand Bid Screening screening may change the Demand Bids to reduce the total megawatt volume to a level that does not exceed the Demand Bid Limit.
On a daily basis, PJM will update and post each Load Serving Entity’s Demand Bid Limit in each applicable Zone.