Second Incremental Auction definition

Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.
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Second Incremental Auction means an auction conducted pursuant to Section 5, to secure the commitment of Capacity Resources as necessary to satisfy an increase in the PJM Region Peak Load Forecast above that reflected in the Base Residual Auction.
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Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates. A Second Incremental Auction is conducted for Delivery Years prior to the 2021/2022 Delivery Year but is not conducted for the 2021/2022 Delivery Year and all subsequent Delivery Years.
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Examples of Second Incremental Auction in a sentence

  • Incremental Auction shall mean the First Incremental Auction, the Second Incremental Auction, the Third Incremental Auction, or the Conditional Incremental Auction, each as defined in Attachment DD to the PJM Tariff.

  • Incremental Auction shall mean the First Incremental Auction, the Second Incremental Auction, the Third Incremental Auction, or the Conditional Incremental Auction, each as defined in Attachment DD to have the same meaning as in the PJM Tariff.


More Definitions of Second Incremental Auction

Second Incremental Auction means an Incremental Auction conducted ten months before
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Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates. Security:
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Second Incremental Auction means, for Delivery Years through the 2016-2017 Delivery Year, an Incremental Auction conducted ten months before the Delivery Year to which it relates.
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Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates. Security: The security provided by the New Service Customer pursuant to Section 212.4 or Section 213.4 of the Tariff to secure the New Service Customer’s responsibility for Costs under the Interconnection Service Agreement or Upgrade Construction Service Agreement and Section 217 of the Tariff.
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Related to Second Incremental Auction

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Fixed Incremental Amount means (i) the greater of $610,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Incremental Auction Revenue Rights means the additional Auction Revenue Rights, not previously feasible, created by the addition of Incremental Rights-Eligible Required Transmission Enhancements, Merchant Transmission Facilities, or of one or more Customer- Funded Upgrades.