Variable Resource definition
Examples of Variable Resource in a sentence
The Office of the Interconnection shall be deemed to be required to establish a separate Variable Resource Requirement Curve for an LDA if the LDA is the Eastern Mid-Atlantic Region (“EMAR”), Southwest Mid-Atlantic Region (“SWMAR”), or Mid-Atlantic Region (“MAR”), or for other LDAs if the separate modeling is required by Section 5.10(a)(ii)(A) or (B) of Attachment DD of the Tariff.
A Customer cannot be in both the Full Load Service Customer group and the Variable Resource Customer group at the same time.
For each LDA for which the Office of the Interconnection is required to establish a separate Variable Resource Requirement Curve for any Delivery Year addressed by such FRR Capacity Plan, the plan must include a Percentage Internal Resources Required, subject to subsections D.1.1 and D.2 of this Schedule.
To address capacity obligation quantity uncertainty associated with the Variable Resource Requirement Curve, a Load Serving Entity may submit a Sell Offer with a contingent designation of a portion of its Capacity Resources as either Self- Supply (to the extent required to meet a portion (as specified by the LSE) of the LSE’s peak load forecast in each transmission zone) or as not Self-Supply (to the extent not so required) and subject to an offer price, in accordance with the PJM Manuals.
To address capacity obligation quantity uncertainty associated with the Variable Resource Requirement Curve, a Load Serving Entity may submit a Sell Offer with a contingent designation of a portion of its Capacity Resources as either Self-Supply (to the extent required to meet a portion (as specified by the LSE) of the LSE’s peak load forecast in each transmission zone) or as not Self-Supply (to the extent not so required) and subject to an offer price, in accordance with the PJM Manuals.
The effective load carrying capability analysis shall compare hourly values for: (i) expected load based on historical weather; (ii) expected Variable Resource output; and (iii) expected output of Limited Duration Resources and of Combination Resources as described below.
These expected quantities are based on actual values for load and actual and putative values for Variable Resource output (standalone or as a component of Combination Resources) after June 1, 2012 (inclusive) through the most recent Delivery Year for which complete data exist.
The effective load carrying capability analysis shall simulate forced outages of Unlimited Resources based on actual historical data, and shall simulate the output of Limited Duration Resources and Combination Resources based on their Office of the Interconnection-validated parameters, including the putative output of the Variable Resource component of Combination Resources, as described above.