Local Capacity Requirement definition

Local Capacity Requirement or “LCR” means the minimum generation capacity required in a certain area to avoid reliability violation of the grid. The LCR is determined by increasing the import into the defined area and reducing generation inside the area until a violation occurs. The amount of generation inside the area when the violation appears is the LCR requirement.

Examples of Local Capacity Requirement in a sentence

  • The Generating Facility shall be deemed to be located in a High-Value Area if it is interconnected to Buyer’s electric system at a location which, in the year of the Effective Date, is identified pursuant to CPUC Decision ▇▇-▇▇-▇▇▇ (as modified by CPUC Decisions 10-04- 055, ▇▇-▇▇-▇▇▇ and 11-04-033) as a “Local Resource Adequacy” area based on the most recent CAISO Local Capacity Requirement Study adopted by the CPUC.

  • For Offers whose location would contribute to PG&E’s satisfaction of its Local Capacity Requirement as specified by the CAISO and adopted by the CPUC, the capacity attributable to the Offer may be valued at a premium relative to the value of capacity that satisfies only system needs.

  • The Generating Facility shall be deemed to be located in a High-Value Area if it is interconnected to Buyer’s electric system at a location which, in the year of the Effective Date, is identified pursuant to CPUC Decision ▇▇-▇▇-▇▇▇ (as modified by CPUC Decisions ▇▇-▇▇-▇▇▇, ▇▇-▇▇-▇▇▇, and 11-04-033) as a “Local Resource Adequacy” area based on the most recent CAISO Local Capacity Requirement Study adopted by the CPUC.

  • The Generating Facility shall be deemed to be located in a High-Value Area if it is interconnected to Buyer’s electric system at a location which, in the year of the Effective Date, is identified pursuant to CPUC Decision ▇▇-▇▇-▇▇▇ (as modified by CPUC Decisions ▇▇-▇▇-▇▇▇, ▇▇-▇▇-▇▇▇ and 11-04-033) as a “Local Resource Adequacy” area based on the most recent CAISO Local Capacity Requirement Study adopted by the CPUC.

  • For Offers whose location would contribute to PG&E’s satisfaction of its Local Capacity Requirement as specified by the CAISO and adopted by the CPUC, the capacity attributable to the Offer will be valued at a premium relative to the value of capacity that satisfies only system needs.