PRD Reservation Price definition

PRD Reservation Price means an RPM Auction clearing price identified in a PRD Plan for Price Responsive Demand load below which the PRD Provider desires not to commit the identified load as Price Responsive Demand.

Examples of PRD Reservation Price in a sentence

  • PRD Reservation Price shall have the meaning provided in the Reliability Assurance Agreement.

  • In this article we concentrate on SSIMS which has the highest surface sensitivity (molecules at the top atom layer), highest speciation (distinguish between complex molecules)and parts per million sensitivity.In SSIMS, energetic primary ions are fired towards the sample surface where they impact, travelling some ten nanometres intothe bulk before losing their energy and coming to rest.

  • Approval of the PRD Plan by the Office of the Interconnection shall establish a firm commitment by the PRD Provider to the specified Nominal PRD Value of Price Responsive Demand at each Zone (or sub-Zonal LDA, if applicable) during the relevant Delivery Year (subject to any PRD Reservation Price), and may not be uncommitted or replaced by any Capacity Resource.

  • Based on information provided by the PRD Provider in a PRD Plan (and, to the extent such plan identifies a PRD Reservation Price, based on the clearing price in the Base Residual Auction or Third Incremental Auction, as applicable), the Office of the Interconnection shall determine the Nominal PRD Value for the specified loads identified by such PRD Provider by Zone (or sub- Zonal LDA, if applicable).

  • PRD Reservation Price PRD Reservation Price shall have the meaning provided in the Reliability Assurance Agreement.

  • The Office of the Interconnection shall revise such requests (as adjusted, to the extent a PRD Reservation Price is specified, for the results of the Third Incremental Auction) for additional Price Responsive Demand downward, in accordance with rules in the PJM Manuals, if the submitted requests (as adjusted) in the aggregate exceed the increase in the load forecast in the LDA modeled.

  • Based on information provided by the PRD Provider in a PRD Plan (and, to the extent such plan identifies a PRD Reservation Price, based on the clearing price in the Base Residual Auction or Third Incremental Auction, as applicable), the Office of the Interconnection shall determine the Nominal PRD Value for the specified loads identified by such PRD Provider by Zone (or sub-Zonal LDA, if applicable).

  • PRD Reservation Price shall mean an RPM Auction clearing price identified in a PRD Plan for Price Responsive Demand load below which the PRD Provider desires not to commit the identified load as Price Responsive Demand.

  • The Office of theInterconnection shall revise such requests (as adjusted, to the extent a PRD Reservation Price is specified, for the results of the Third Incremental Auction) for additional Price Responsive Demand downward, in accordance with rules in the PJM Manuals, if the submitted requests (as adjusted) in the aggregate exceed the increase in the load forecast in the LDA modeled.

  • Within each Zone (or sub-Zonal LDA, if applicable) the permitted registrations shall be those quantities within theZonal (or sub-Zonal LDA) limit with the lowest identified PRD Reservation Prices for their identified loads; and, as between PRD Providers submitting PRD registrations at the same PRD Reservation Price, pro rata based on each such LSE’s share of the Preliminary Zonal Peak Load Forecast for such Zone (or sub-Zonal LDA) less load expected to be served under the Fixed Resource Requirement.

Related to PRD Reservation Price

  • Yield Reserve means, on any date, an amount equal to: (a) the Capital at the close of business of the Servicer on such date multiplied by (b)(i) the Yield Reserve Percentage on such date divided by (ii) 100% minus the Yield Reserve Percentage on such date.

  • Stored value means monetary value that is evidenced by an electronic record.