Incremental Auction definition

Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

Incremental Auction means an auction conducted by PJM, as

Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction, or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

Examples of Incremental Auction in a sentence

• Seller can set Automatic, Reserve Price, and Incremental Auction for their products.

• The ultimate assignment of Incremental Auction Revenue Rights associated with the required facilities or upgrades for which the New Service Customer has cost responsibility will be made pursuant to the allocation process set forth in Tariff, Part VI, Subpart C, section 231 and may depend upon the point-to-point combination requests and cost responsibilities of other New Service Customers.

• The New Service Customer may request Transmission Provider to provide a non-binding estimate in the Facilities Study of the Incremental Auction Revenue Rights associated with the required facilities or upgrades for which the New Service Customer has cost responsibility on up to three (3) pairs of point-to-point combinations.

• An Interconnection Customer that pays for advance construction of Network Upgrades pursuant to this section 220 shall be entitled to any Incremental Auction Revenue Rights, Incremental Capacity Transfer Rights, and/or any Incremental Available Transfer Capability Revenue Rights associated with such facilities for the period from the date of completion of the advanced Network Upgrades to the date on which the cost of such upgrades is refunded to the Interconnection Customer.

More Definitions of Incremental Auction

Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year,

Incremental Auction means an auction conducted by PJM, as part of PJM's reliability pricing model, prior to the start of the delivery year to secure electric capacity as necessary to satisfy the capacity requirements for that delivery year, that is not otherwise provided for in the base residual auction.

Incremental Auction means any of the First Incremental Auction, Second Incremental Auction, or Third Incremental Auction.

Incremental Auction means an auction conducted by PJM, as part of PJM's reliability pricing model, prior to the start of the delivery year to secure electric

Incremental Auction means the First Incremental Auction, the Second Incremental Auction, the Third Incremental Auction, or the Conditional Incremental Auction. IOU:

Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction, or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of: allowing Market Sellers that committed Capacity Resources in the Base Residual Auction for a Delivery Year, which subsequently are determined to be unavailable to deliver the committed Unforced Capacity in such Delivery Year (due to resource retirement, resource cancellation or construction delay, resource derating, EFORd increase, a decrease in the Nominated Demand Resource Value of a Planned Demand Resource, delay or cancellation of a Qualifying Transmission Upgrade, or similar occurrences) to submit Buy Bids for replacement Capacity Resources; and

Incremental Auction has the meaning set forth in the PJM Tariff and PJM Agreements. "Indemnified Party" has the meaning set forth in Section 12.8 of this Agreement.