Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.
Unforced Capacity. (or “UCAP”) means the electric capacity required to be provided by LSEs to serve electric load as defined by the NYISO Tariffs, rules, manuals and procedures.
Unforced Capacity as set forth in the PJM Agreements, or any successor, measurement of the capacity obligation of a Load Serving Entity as may be employed in PJM (whether set forth in the PJM Agreements or elsewhere). Charge – Any fee, charge or other amount that is billable by the Company to the DS Supplier under this Agreement. Commercial Class – Group of Rate Schedules that comprise the Commercial Class for DS Supply and itemized in Appendix C. Company – PECO Energy Company. Costs – With respect to the Non-Defaulting Party, brokerage fees, commissions and other similar transaction costs and expenses reasonably incurred by such Party either in terminating any arrangement pursuant to which it has hedged its obligations or entering into new arrangements which replace Transaction(s) under this Agreement; and all reasonable attorneys’ fees and expenses incurred by the Non-Defaulting Party in connection with the termination of this Agreement. Customer – Any person or entity who enters a contractual agreement with the Company to receive retail electric service including, without limitation, all persons or entities taking service under a retail tariff, eligible to receive competitive electricity supply from an EGS or DS, respectively, in accordance with the Applicable Legal Authorities. Damages – Financial compensation from the Defaulting Party to the Non-Defaulting Party associated with the occurrence of an Event of Default or an Early Termination of this Agreement. This compensation shall be assessed pursuant to Article 5 of this Agreement. Defaulting Party – A Party to this Agreement that has caused or precipitated an Event of Default or an Early Termination of this Agreement.
Examples of Unforced Capacity in a sentence
The Sub-Annual Resource Reliability Target shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [the Forecast Pool Requirement] times [the DR Factor] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].
The Base Capacity Resource Constraint shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [one minus the pool-wide average EFORd] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].
More Definitions of Unforced Capacity
Unforced Capacity means installed capacity rated at summer conditions that is not on average experiencing a forced outage or forced derating, calculated for each Capacity Resource on the 12-month period from October to September without regard to the ownership of or the contractual rights to the capacity of the unit.
Unforced Capacity means the capacity of a capacity resource that accounts for the EFORd of that capacity resource and as periodically determined by PJM.
Unforced Capacity as set forth in the PJM Agreements, or any successor, measurement of the capacity obligation of a Load Serving Entity as may be employed in PJM (whether set forth in the PJM Agreements or elsewhere). Charge – Any fee, charge or other amount that is billable by the Company to the DS Supplier under this Agreement.
Unforced Capacity or “UCAP” means the installed Capacity of the Facility rated at summer conditions that are not on average experiencing a forced outage or forced de- rating, as determined by PJM pursuant to the PJM Agreements and PJM Tariff.
Unforced Capacity shall have the meaning set forth in the PJM Agreements, or any successor measurement of the capacity obligation of a Load Serving Entity as may be employed in PJM (whether set forth in the PJM Agreements or elsewhere).
Unforced Capacity means that amount of generating capacity, expressed to the nearest tenth of a MW, that an Intermittent Power Resource can reasonably be expected to contribute during summer or winter peak hours, as applicable.