Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.
Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch. Effective FTR Holder:
Economic Minimum means the lowest incremental MW output level a unit can achieve while following economic dispatch.
Examples of Economic Minimum in a sentence
Energy and minimum generation Offers: A three hundred percent (300%) increase or a $100 per MWh increase, whichever is lower; provided, however, that Energy or minimum generation Offers (i.e., No-Load Offers plus Energy Offers up to the Hourly Economic Minimum Level, or Hourly Curtailment Offers plus Energy Offers up to the Targeted Demand Reduction Amount, in the case of a Demand Response Resource – Type I) below $25 per MWh shall be deemed not to constitute economic withholding.