Resource clearing price definition
Resource clearing price or "RCP" means the clearing price
Resource clearing price or "RCP" means the clearing price established for the applicable locational deliverability area by the base residual auction or incremental auction, as determined by the optimization algorithm for each auction, conducted by PJM as part of PJM's reliability pricing model.
Resource clearing price or “RCP” means the clearing price expressed in $/MW-day for Unforced Capacity established by the Base Residual Auction for the LDA in which the Capacity facility is located and the applicable Delivery Year as posted by PJM.
More Definitions of Resource clearing price
Resource clearing price or “RCP” means the clearing price expressed in
Resource clearing price or “RCP” means the clearing price expressed in $/MW-day for Unforced Capacity in the applicable Delivery Year established by the Base Residual Auction and posted by PJM for the Electric Public Utilities.
Resource clearing price or “RCP” means the clearing price ($/MW-day) for the applicable Delivery Year established by the Base Residual Auction and posted by PJM for the unforced capacity offered into the Base Residual Auction from the Capacity Facility and cleared by PJM.