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:

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Incremental Auction means an auction conducted by PJM, as

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.

Examples of Incremental Auction in a sentence

• Incremental Auction Revenue Rights, Incremental Available Transfer Capability Revenue Rights, Incremental Deliverability Rights, and Incremental Capacity Transfer Rights (as defined in Section 2.35 of Attachment DD of the Tariff).

• Pursuant to Section 231 of the Tariff, Interconnection Customer shall have Incremental Auction Revenue Rights in the following quantities: None.

• Pursuant to Section 231 of the Tariff, Interconnection Customer shall have Incremental Auction Revenue Rights in the following quantities: Quantities of Incremental Auction Revenue Rights will be determined pursuant to the timeframes and procedures set forth in Section 231 of the Tariff.

• A request submitted in the form prescribed in Attachment EE of the Tariff, for evaluation by the Transmission Provider of the feasibility and estimated costs of (a) a Merchant Network Upgrade or (b) the Customer-Funded Upgrades that would be needed to provide the Incremental Auction Revenue Rights specified in a request pursuant to Section 7.8 of Schedule 1 of the Operating Agreement.

• Share of Zonal Nominal PRD Value Committed in Third Incremental Auction = Nominal PRD Value for such registration/Total Zonal Nominal PRD Value of all Price Responsive Demand registered by the PRD Provider of such registration *Zonal Nominal PRD Value committed in the Third Incremental Auction by the PRD Provider of such registration.

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

Incremental Auction means any of several auctions conducted for a Delivery Year after

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, Final Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction for which (i) below does not apply, and the First Incremental Auction for the 2021/2022 Delivery year and all subsequent Delivery Year for which (ii) below does not apply), shall be held for the purposes of:

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 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.