LOLP definition

LOLP. Loss of Load Probability as defined in the Pool Rules;
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LOLP means the computer program developed by Energy Management Associates Inc. for the National Grid Division of the Generating Board pursuant to agreements with reference PCC/GB/J6638 and PCC/GB/J6881, as such program is amended from time to time in accordance with this Agreement;
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LOLP means Angel Trains Limited and Angel Locomotive Leasing Limited as partners trading in a partnership under the name of Locomotive Operating Leasing Partnership;
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Examples of LOLP in a sentence

  • The ECT LOLP for the second test will be derived from taking 104% of the actual maximum demand of the second Year and the installed capacity at the time of maximum demand of the first Year excluding the capacity of the Additional Unit.

  • Flow 416 Statement of Principles 417 Project Report 418 Op. Procedures Manual 419 Test Plan LOLP 5.0 420 System Test Execution Vol.

  • The minimum array to load ratio (ALR) shall be 1.2 or greater, battery autonomy shall be 10 days, and the loss of load probability (LOLP) shall be 0.0% throughout the year.

  • The Additional Unit will fail the ECT test for the second time if the ECT LOLP for the second Year is also found to be below the Target LOLP.

  • The ECT LOLP is derived from the actual local maximum demand, with 4% allowance added, in the Year in which Commissioning of the Additional Unit takes place and the installed capacity at the time of maximum demand for that Year excluding the capacity of the Additional Unit.

  • LOLP of a year is the sum of the probabilities of all combinations of generation units being out of service which will result in operating capacity2 being less than the hourly or daily maximum demand for all hours or days in the year.

  • The ECT LOLP is derived from the actual local maximum demand, with 4% allowance added, in the Year in which Commissioning of the Additional Unit takes place, and the installed capacity at the time of maximum demand for that Year excluding the capacity of Additional Unit.

  • The ECT LOLP is derived from the actual local maximum demand,with 4% allowance added,in the Year in which Commissioning of the Additional Unit takes place and the installed capacity at the time of maximum demand for that Year excluding the capacity of the Additional Unit.

  • LOLP of a year is the sum of the probabilities of every combination of generation unit being out of service which will result in operating capacity2 being less than the maximum demand for a given hour or day in the year.

  • The Additional Unit will fail the ECT test the second time if the ECT LOLP for the second Year is also found to be below the Target LOLP.