Economic Minimum definition

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.
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Economic Minimum means the lowest incremental MW output level a unit can achieve while following economic dispatch.
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Examples of Economic Minimum in a sentence

  • Lead Participant shall use commercially reasonable efforts to cause the submittal of Supply Offers for hourly values of Economic Minimum and Economic Maximum that are consistent with ambient air forecasts and /or environmental permit parameters.

  • Start-Up Time is the time it takes the Generator Asset, after synchronizing to the system, to reach its Economic Minimum Limit and, for dispatchable Generator Assets, be ready for further dispatch by the ISO.

  • Minimum Down Time is the number of hours that must elapse after a Generator Asset has been released for shutdown at or below its Economic Minimum Limit before the Generator Asset can be brought online and be released for dispatch at its Economic Minimum Limit.

  • To accomplish this, the Transmission Provider shall limit the dispatchable energy range of Dispatchable Resources to between the Resource’s Economic Minimum Limit and Economic Maximum Limit.

Related to Economic Minimum

  • Economic Maximum means the highest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Partner Minimum Gain means an amount, with respect to each Partner Nonrecourse Debt, equal to the Partnership Minimum Gain that would result if such Partner Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Regulations Section 1.704-2(i)(3).

  • Member Minimum Gain means an amount, with respect to each Member Nonrecourse Debt, equal to the Company Minimum Gain that would result if such Member Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Regulations Section 1.704-2(i)(3).