merit order definition
merit order means an order for ranking available Production Facilities which order: (1) shall have as its aim the optimising of combined Total System and Desalinated water Production Capacity economy, security, stability and reliability; (2) shall give due consideration to incremental power purchase costs, incremental Transmission losses, Total System technical constraints and other technical and operational considerations; and (3) shall otherwise be determined by each Licensed Transmission System Operator in accordance with its Transmission Licence in relation to Production Facilities Connected to its System;
merit order means the sequence in which generation and storage systems are designated to deliver electricity, with the aim of economically optimizing the supply of electricity;
merit order means an order for ranking available Generation Units as shall be prescribed in the Grid Code and which order shall have as its aim the promotion of Renewable Energy and the optimising of the economy, security, stability and reliability of the Grid System of Bermuda and shall take fully into account cost considerations, and such order shall comply with the requirements of section 20(3) of the EA.
More Definitions of merit order
merit order means the ranking in order of which a generation plant should be used, based on the ascending order of price in correlation with amount of electricity that will be generated;
merit order means ranking in order of which a generation plant should be used, based on ascending order of price together with amounts of electricity that will be generated;
merit order means order of priority of various generating units under BBMB/ ISGS/SGS/IPPs etc. operating in synchronism with Northern Grid System, compiled by the State Load Despatch Centre (SLDC) pursuant to schedule and despatch requirements, generally in ascending order of variable cost of energy.
merit order means the ranking in order of which a generation plant should be used, based on the ascending order of price in correlation with amount of electricity that will be generated; "Minister" means the Minister responsible for Energy;
merit order means an order for ranking available Generation Units which order shall have as its aim the promotion of renewable energy and the optimising of the economy, security, stability and reliability of the Grid System of Bermuda and shall give due consideration to incremental power purchase costs, incremental transmission losses, total system technical constraints and other technical and operational considerations; and shall otherwise be determined by the Licensee in accordance with this Licence, in relation to Generation Units which are connected to its Grid System, and which shall comply with the requirements of section 20(3) of the EA.
merit order means a way of ranking available energy generation capacities (as described in kW) in Zambia, based on ascending order of their short-run incremental generation costs of production (as described in USD/kWh);
merit order means: (i) for the energy market, the dispatch down service market or load shed service for imports, a list of operating blocks sorted by price; or (ii) for standby operating reserves, a list of procured volumes sorted by price