Maintenance Adder definition

Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production.
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Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production. Manual Load Dump Action:
Sample 1Sample 2Sample 3
Maintenance Adder means an adder that may be included to account for variable operation
Sample 1Sample 2

Examples of Maintenance Adder in a sentence

  • Labor costs included in cost-based offers do not include straight-time labor costs and are limited to: (1) start-up costs for additional staffing requirements and (2) contractor labor or plant personnel overtime labor included in the Maintenance Adder associated with maintenance activities directly related to electric production.

  • A Fuel Cost Policy shall include the cost-based Start Cost calculation for the generation resource, and identify for each temperature state the starting fuel (MMBtu), station service (MWh), start Maintenance Adder, and any Start Additional Labor Cost.

  • Only Maintenance Adders specified as $/Start,$/MMBtu, or $/equivalent operating hour can be included in the Start Maintenance Adder; Start Additional Labor = additional labor costs for startup required above normal station manning levels; and Station Service Cost = station service usage (MWh) during start-up multiplied by the 12-month rolling average off-peak energy prices as updated quarterly by the Office of the Interconnection.

  • Market Sellers shall include the cost-based Start Cost calculation for the generation resource, and identify for each temperature state the starting fuel (MMBtu), station service (MWh), start Maintenance Adder, and any Start Additional Labor Cost when requested by the Office of the Interconnection.

  • PJM defines Start Maintenance Adder as “‘an adder based on all available maintenance expense history for the defined Maintenance Period regardless of unit ownership’ and is limiting the expenses to only those ‘incurred as a result of electric production.’” Id. at 33.

  • The formula for the calculation is as follows:Offer Cap = (AFC / AHC) + VOM + FCwherein the variables are defined as:AFC = Annual Fixed Cost (Annual Investment Recovery Requirement ($/megawatt-year) + Annual Fixed Operations and Maintenance Adder ($/megawatt-year))AHC = Annual Hours of ConstraintVOM = Variable Non-Fuel Operations and Maintenance Adder ($/megawatt-hour)FC = Fuel Cost (Heat Rate * Natural Gas Price Index) ($/megawatt-hour) Offer Caps do not function as price caps on the EIS Market.

  • The VOM component can be effectively “marked up” as part of the energy bid to well over $1000/MWH, but the Major Maintenance Adder component is capped at 125% of actual.

  • Such units can be assigned their calculated Maintenance Adder and/or Start Cost Maintenance Adder, or a forecast value, subject to evaluation pursuant to the Mitigated Offer Methodology Approval Process.

  • The formula for the calculation is as follows: Offer Cap = (AFC / AHC) + VOM + FCwherein the variables are defined as: AFC = Annual Fixed Cost (Annual Investment Recovery Requirement ($/megawatt-year) + Annual Fixed Operations and Maintenance Adder ($/megawatt-year))AHC = Annual Hours of ConstraintVOM = Variable Non-Fuel Operations and Maintenance Adder ($/megawatt-hour)FC = Fuel Cost (Heat Rate * Natural Gas Price Index) ($/megawatt-hour) Offer Caps do not function as price caps on the EIS Market.

  • The Variable Operations and Maintenance Adder is equal to $3.00/MWhfor each metered MWh of dispatched operation delivered during all control events occurring within the monthly payment period.

Related to Maintenance Adder

  • Maintenance work means the repair of existing facilities when the size, type or extent of such facilities is not thereby changed or increased. While “maintenance” includes painting and decorating and is covered under the law, it does not include work such as routine landscape maintenance or janitorial services.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Emergency Maintenance means any period of maintenance for which, due to reasons beyond its reasonable control, Sprint Convergence is unable to provide prior notice of.

  • Maintenance Release means any update, upgrade, release or other adaptation or modification of the Software, including any updated Documentation, that Contractor may generally provide to its licensees from time to time during the Term, which may contain, among other things, error corrections, enhancements, improvements or other changes to the user interface, functionality, compatibility, capabilities, performance, efficiency or quality of the Software.