Local Resource Zone definition

Local Resource Zone means each of the smallest geographic areas prescribed by MISO for purposes of addressing congestion that limits Planning Resource (as defined in the MISO Rules) deliverability and/or otherwise for purposes of defining and/or allocating Capacity-Related Benefits. As of the Effective Date, “Local Resource Zone” refers to each Local Resource Zone (as defined in the MISO Rules). If at any time after the Effective Date, MISO sub-divides Local Resource Zones (as defined in the MISO Rules) into smaller geographic areas, “Local Resource Zone”, as used in this Agreement, refers to each of the smallest of such smaller geographic subdivisions.
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Local Resource Zone has the meaning given to such term in the MISO Rules.
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Local Resource Zone has the meaning set forth in the Applicable Market Rules.
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Examples of Local Resource Zone in a sentence

  • PRCs must be, with regard to the Planning Resources applicable to such PRCs, deliverable to the AMIL Local Balancing Authority area, or Local Resource Zone where Ameren Illinois load resides, but can include Aggregate PRCs, Local PRCs, and External PRCs, including any PRCs properly generated from Demand Response Resources (“DRR”) and/or PRCs properly generated from Load Modifying Resources (“LMR”) pursuant to the MISO RAR.

  • The Electric Interconnection Point must be located in Local Resource Zone 9 of the MISO Transmission System (“LRZ-9”).

  • Seller shall deliver Capacity into Local Resource Zone 6 (Indiana), as defined by MISO; provided that if the boundaries of Local Resource Zone 6 change after the Effective Date, Seller shall deliver Capacity into the Local Resource Zone that includes Buyer’s Service Territory (“Capacity Delivery Point”).

  • Local Resource Zone (LRZ) Allocation – A Local Resource Zone’s percentage allocation of its sub-region’s flow-based benefits as described in Section IV below.

  • Local Resource Zone (LRZ) Load Ratio Share - The factor calculated as the sum of Actual Energy Withdrawals, Export Schedules and Post-integration Pseudo-tie volume of a Market Participant at all Commercial Pricing Nodes associated with a LRZ divided by the sum of all the Actual Energy Withdrawals, Export Schedules and Post-integration Pseudo-tie volume at all Commercial Pricing Nodes associated with the LRZ.


More Definitions of Local Resource Zone

Local Resource Zone has the meaning given to such term in the MISO Rules. “Losses” means, with respect to any Party, an amount equal to the present value of the economic loss to it, if any (exclusive of Costs), resulting from termination of this Agreement, determined in a commercially reasonable manner.
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Related to Local Resource Zone

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • Natural resources means all land, fish, shellfish, wildlife, biota,

  • Natural Resource or “Natural Resources” shall mean land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources, belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Cultural resources means archaeological and historic sites and artifacts, and traditional religious, ceremonial and social uses and activities of affected Indian tribes.