Examples of Generation Resource Maximum Output in a sentence
With respect to a Plan Year, a Participant described in Option 7(b) of the Adoption Agreement.
The proposed definition for the Generation Resource Maximum Output is as follows: “For Customer Facilities identified in an Interconnection Service Agreement or Wholesale Market Participation Agreement, the Generation Resource Maximum Output for a generating unit shall equal the unit’s pro rata share of the Maximum Facility Output, determined by the Economic Maximum values for the available units at the Customer Facility.
OA Schedule 1 Sec 1.3.Participation Agreement, the Generation Resource Maximum Output will simply equal the unit’s Economic Maximum.These revisions are in line with the Commission’s intent in approving how LOC payments are made to individual generating units, and addresses the current discrepancy in the Operating Agreement language.
As discussed, PJM is proposing to utilize the definition of Generation Resource Maximum Output in lieu MFO in the proposed definition of LOC Deviation, and replace references to MFO with the proposed definition of Generation Resource Maximum Output in sections 3.2.3(f-1) and 3.2.3B(d), which each discuss compensating generating units for LOC payments under different scenarios.77 These revisions will ensure that Market Sellers of generating units are properly compensated with LOC payments.