Loss of Load Expectation definition

Loss of Load Expectation means the expectation that available generation capacity will be inadequate to supply customer demand at any given moment.

Loss of Load Expectation. (LOLE) means, in a given modelled zone and in a given time period, the expected number of hours in which resources are insufficient to meet the demand;

Loss of Load Expectation. (LOLE) means, in a given zone during a given time period, the expected number of hours during which resources are insufficient to meet the demand needs.

Examples of Loss of Load Expectation in a sentence

• Loss of Load Expectation (“LOLE”): A measure used to determine the amount of resources needed to minimize the possibility of an involuntary loss of firm electric load on the New York State Bulk Power Transmission Facilities.

• Generation Reliability assessments examine the regional ability to maintain a Loss of Load Expectation (LOLE) standard of 1 day in ten years.

• These assessments will be performed by the SPP on a biennial basis.Generation Reliability assessments examine the regional ability to maintain a Loss of Load Expectation (LOLE) standard of 1 day in ten years.

• Determination of the PRM will be supported by a probabilistic Loss of Load Expectation (“LOLE”) Study, which will analyze the ability of the Transmission Provider to reliably serve the SPP Balancing Authority Area’s forecasted Peak Demand.

• The result of the calculation is termed Loss of Load Expectation (LOLE), which provides a consistent measure of system reliability.

• In place of planning reserve requirements, ECAR reviews available and planned capacity and performs a probabilistic Loss of Load Expectation (LOLE) to determine if sufficient capacity exists to meet forecast demand in both the short and long term.

• Loss of Load Expectation (“LOLE”): A measure used to determine the amount of resources needed to minimize the possibility of an involuntary loss of firm electric load on the New York State Bulk Power Transmission Facilities.LTP: The Local Transmission Owner Plan, developed by each Transmission Owner, which describes its respective plans that may be under consideration or finalized for its own Transmission District.

• This is also described as a Loss of Load Expectation (LOLE) of one day in ten years.

• The most common physical reliability metric used in the industry is to target a system reserve margin that satisfies the one day in 10 years Loss of Load Expectation (LOLE) standard.

• The New York State bulk power system is planned to meet an Loss of Load Expectation (LOLE) that, at any given point in time, is less than or equal to an involuntary load disconnection that is not more frequent than once in every 10 years, or 0.1 events per year.

More Definitions of Loss of Load Expectation

Loss of Load Expectation. (LOLE) means, in a given modelled zone and in a given time period, the expected number of hours in which resources are insufficient to meet the demand; Operational measures designed and dimensioned by TSOs to ensure operational

Loss of Load Expectation means the probability of the capacity margin being negative or of demand being higher than the available generation capacity in any given year.

Loss of Load Expectation. (LOLE) means the expected number of hours, in a given geographic area and in a given time period, during which capacity resources are insufficient to meet the demand and hence positive ENS occurs;