Reference Resource definition

Reference Resource means a combustion turbine generating station, configured with two General Electric Frame 7FA turbines with inlet air cooling to 50 degrees, Selective Catalytic Reduction technology all CONE Areas, dual fuel capability, and a heat rate of 10.096 Mmbtu/ MWh.
Sample 1Sample 2Sample 3
Reference Resource means a combustion turbine generating station, configured with a single General Electric Frame 7HA turbine with evaporative cooling, Selective Catalytic Reduction technology all CONE Areas, dual fuel capability, and a heat rate of 9.134 Mmbtu/ MWh.
Sample 1Sample 2Sample 3
Reference Resource means a combustion turbine generating station, configured with two General Electric Frame 7FA turbines with inlet air cooling to 50 degrees, Selective Catalytic Reduction technology in CONE Areas 1, 2, 3, and 4, dual fuel capability, and a heat rate of
Sample 1Sample 2Sample 3

Examples of Reference Resource in a sentence

  • The Reference Resource shall be the Resource within that group with the highest ERCOT approved Verifiable O&M Costs.

  • QSEs choosing to submit Variable O&M costs above LSL must submit O&M costs (including the costs of emission credits) of the PPA for operations above LSL but these are capped at the average cost of the Reference Resource.

  • The selection of the Reference Resource used to determine O&M cost caps shall be made from a group of comparable specific Resources.

  • If the Verifiable Cost of a Reference Resource for a PPA changes, the cap for that PPA may also change, on a monthly basis.

  • As before, if the costs of the PPA units are more than the Cap, the fuel and O&M components for the PPA Resource are set equal to the same components in the Reference Resource (Resource 2).

  • The PPA O&M cap will be set equal to the O&M costs of the Reference Resource for the entire PPA Resource IHR range.

  • The selection of the Reference Resource for operations above LSL will be done on the basis of the highest simple average ERCOT approved Verifiable O&M Costs, above LSL, for all comparable Resources without a PPA, for that verifiable cost type.

  • Thus, when no Reference Resource is available, zero O&M cost will be added to the fuel cost at LSL.

  • In cases where the PPA submitted costs are less than those of the Reference Resource, the verifiable costs will be treated as O&M only and will not have a fuel component.Example 2: PPAs indicating both Fuel and O&M costsExample 2 below demonstrates the calculation of the PPA Cap when the PPA verifiable cost filing by the QSE representing the PPA includes fuel and O&M costs stated separately.

  • The selection of the Reference Resource for each of the four VC types (Cold, Hot, Intermediate Startup and Operation at LSL) will be done on the basis of the highest ERCOT approved Verifiable O&M Costs for a comparable non-PPA Resource for that VC type.


More Definitions of Reference Resource

Reference Resource means a combustion turbine generating station, configured with twoa single General Electric Frame 7FA turbines7HA turbine with inlet airevaporative cooling to 50 degrees, Selective Catalytic Reduction technology all CONE Areas, dual fuel capability, and a
Sample 1
Reference Resource means a combustion turbine generating station, configured with two General Electric Frame 7FA turbines with inlet air cooling to 50 degrees, Selective Catalytic Reduction technology in CONE Areas 1, 2, 3, and 4, dual fuel capability, and a heat rate of 10.096 Mmbtu/ MWh.” ‐ PJM OATT, Attachment DD, 2.58
Sample 1
Reference Resource means a combustion turbine generating station, configured with a single General Electric Frame 7 HA turbine with evaporative cooling Selective Catalytic Reduction technology all CONE Areas, dual fuel capability, and a heat rate of 9.134 Mmbtu/ MWh.
Sample 1
Reference Resource means a combustion turbine generating station, configured with two General Electric Frame 7FA turbines with inlet air cooling to 50 degrees, Selective Catalytic
Sample 1

Related to Reference Resource

  • Energy Storage Resource means a resource capable of receiving electric energy from the grid and storing it for later injection to the grid that participates in the PJM Energy, Capacity and/or Ancillary Services markets as a Market Participant. Facilities Study:

  • Capacity Storage Resource means any hydroelectric power plant, flywheel, battery storage, or other such facility solely used for short term storage and injection of energy at a later time to participate in the PJM energy and/or Ancillary Services markets and which participates in the Reliability Pricing Model.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Level 3 means Level 3 Communications, Inc., a Delaware corporation.