No-load Cost definition

No-load Cost means the hourly cost required to create the starting point of a monotonically increasing incremental offer curve for a generating unit.
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No-load Cost means the hourly cost required to theoretically operate a synchronized unit at zero MW. It consists primarily of the cost of fuel, as determined by the unit’s no load heat (adjusted by the performance factor) times the fuel cost. It also includes operating costs, Maintenance Adders, and emissions allowances.
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No-load Cost means the hourly cost required to create the starting point of a monotonically increasing incremental offer curve for a generating unit. Nominal Rated Capability:
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Examples of No-load Cost in a sentence

  • In this chart, "ASU" represents amortized Start-Up Cost, "ANL" represents amortized No-load Cost, and ASD represents amortized Shutdown Cost.

  • If a Market Seller’s available cost-based offer is not compliant with Operating Agreement, Schedule 2 and the PJM Manuals at the time a Market Seller submits a market-based Real-time Offer for an applicable clock hour during the Operating Day, the Market Seller must submit an updated cost-based Real-time Offer consisting of an Incremental Energy Offer, Start-up Cost, and No-load Cost for that clock hour that is compliant with Operating Agreement, Schedule 2 and the PJM Manuals.

  • If a Market Seller’s available cost-based offer is not compliant with Operating Agreement, Schedule 2 and the PJM Manuals at the time a Market Seller submits a market-based Real-time Offer for an applicable clock hour during the Operating Day, the Market Seller must submit an updated cost-based Real-time Offer consisting of an Incremental Energy Offer, Start-up Cost and No-load Cost for that clock hour that is compliant with Operating Agreement, Schedule 2 and the PJM Manuals.

  • If any of the resource’s Incremental Energy Offer, No-load Cost or Start-Up Cost are updated for any portion of the offer capped hours subsequent to commitment, the Office of the Interconnection will redetermine the level of the offer cap using the updated offer values.

  • The amortized No-load Cost, to the extent that it is reviewed pursuant to Tariff, Attachment K-Appendix, section 6.4.3A, shall be excluded from the Composite Energy Offeradjusted if the resource’s applicable Incremental Energy Offer and No-load Cost exceed the reasonably expected cost, as described in subsection (iii) below.

  • Next, to ensure the Composite Energy Offer is capped at the higher of $1,000/MWh or its verified costs (here, the Incremental Energy Offer of$800/MWh), PJM would add back first No-load Cost then Start-Up Cost until the Composite Energy Offer equals to $1,000/MWh, as directed by proposed sections 2.4(b)(iii)(4) and 2.4A(b)(iii)(4).55d.

  • Accordingly, consistent with Order No. 831, PJM’s approach for adjusting cost-based Composite Energy Offers, and PJM’s existing energy market rules, PJM is proposing to evaluate whether the separate Start-Up Cost and No-load Cost specified on market-based offers pass the reasonability tests and adjust the offer components.

  • The amortized No-load Cost, to the extent it is reviewed pursuant to Tariff, Attachment K-Appendix, section 6.4.3A, shall be excluded from the Composite Energy Offeradjusted if the resource’s applicable Incremental Energy Offer and No-load Cost exceed the reasonably expected cost, as described in subsection (iii) below.

  • All complaints will be acknowledged within 2 working days of being received by us.If the customer is still not satisfied they should advise PCH at the latest within 1 month of the date of our response.

  • If the resulting Composite Energy Offer is still in excess of $2,000/megawatt-hour, then the amortized No-load Cost shall also be excluded from the determination of the Composite Energy Offer.


More Definitions of No-load Cost

No-load Cost means the hourly cost required to create the starting point of a
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No-load Cost means the hourly cost required to theoretically
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No-load Cost means the hourly cost required to theoretically operate a synchronized unit
Sample 1
No-load Cost means the hourly cost required to theoretically operate a synchronized unit at zero MW. It consists primarily of the cost of fuel, as determined by the unit’s no load heat
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Related to No-load Cost

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Fuel Cost Policy means the document provided by a Market Seller to PJM and the Market Monitoring Unit in accordance with PJM Manual 15 and Operating Agreement, Schedule 2, which documents the Market Seller’s method used to price fuel for calculation of the Market Seller’s cost-based offer(s) for a generation resource.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.