Primary Reserve Requirement definition

Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve, absent any increase to account for additional reserves scheduled to address operational uncertainty. The Primary Reserve Requirement is calculated in accordance with the PJM Manuals.
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Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve, absent any increase to account for
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Primary Reserve Requirement means the demand for Primary Reserves in a Reserve Zone or Reserve Sub-zone, as defined by the Operating Reserve Demand Curve for Primary Reserve. The requirement can be satisfied by any combination of Synchronized Reserve or Non- Synchronized Reserve resources.
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Examples of Primary Reserve Requirement in a sentence

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a voltage reduction action as described in the PJM Manuals or a manual load dump action as described in the PJM Manuals, the 5-minute clearing price shall be the Reserve Penalty Factor for the Primary Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

  • Each 5-minute clearing price shall be calculated as the marginal cost of procuring sufficient Non- Synchronized Reserves and/or Synchronized Reserves in each Reserve Zone or Reserve Sub- zone inclusive of opportunity costs associated with meeting the Primary Reserve Requirement or Extended Primary Reserve Requirement.

  • The Reserve Penalty Factor for the Extended Primary Reserve Requirement shall be $300/MWh. By no later than April 30 of each year, the Office of the Interconnection will analyze Market Participants’ response to prices exceeding $1,000/MWh on an annual basis and will provide its analysis to PJM stakeholders.

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a voltage reduction action as described in the PJM Manuals or a manual load dump action as described in the PJM Manuals, the 5-minute clearing price shall be the sum of the Reserve Penalty Factors for the Primary Reserve Requirement and the Synchronized Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

  • When the Synchronized Reserve Requirement or Extended Synchronized Reserve Requirement in a Reserve Zone or Reserve Sub-zone cannot be met, the 5-minute clearing price shall be at least greater than or equal to the applicable Reserve Penalty Factor for the Reserve Zone or Reserve Sub-zone, but less than or equal to the sum of the Reserve Penalty Factors for the Synchronized Reserve Requirement and Primary Reserve Requirement for the Reserve Zone or Reserve Sub-zone.


More Definitions of Primary Reserve Requirement

Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub- zone as Primary Reserve absent any increase to account for additional reserves scheduled to address operational uncertainty. The Primary Reserve Requirement is calculated in accordance with the PJM Manuals. The requirement can be satisfied by any combination of Synchronized Reserve or Non-Synchronized Reserve resources.30
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Primary Reserve Requirement means the megawatts required to be maintained in a
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