Voltage Reduction Action definition

Voltage Reduction Action means a notification during capacity deficient conditions in which PJM notifies Members to reduce voltage on the distribution system in order to reduce demand and therefore provide a sufficient amount of reserves, maintain tie flow schedules and preserve limited energy sources. Voltage Reduction Alert:
Voltage Reduction Action means a notification during capacity deficient conditions in which PJM notifies Members to reduce voltage on the distribution system in order to reduce demand and therefore provide a sufficient amount of reserves, maintain tie flow schedules and preserve limited energy sources.

Examples of Voltage Reduction Action in a sentence

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a Voltage Reduction Action as described in the PJM Manuals or a Manual Load Dump Action as described in the PJM Manuals, the 5-minute clearing price shall be the Reserve Penalty Factor for the Primary Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a Voltage Reduction Action as described in the PJM Manuals or a Manual Load Dump Action as described in the PJM Manuals, the 5-minute clearing price shall be the sum of the Reserve Penalty Factors for the Primary Reserve Requirement and the Synchronized Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

  • On January 6, hours 19 and 20, an RTO-wide Shortage Pricing event was triggered by a Voltage Reduction Action implemented in response to RTO-wide synchronized reserve levels falling below 1,375 MW synchronized reserve requirement.

  • This is done to indicate that this item should not be displayed on the Calendar and instead will be automatically placed on the Master Task List.

  • If the Office of the Interconnection issues a Voltage Reduction Action for the Reserve Zone or Reserve Sub-Zone the Reserve Penalty Factor for the Primary Reserve Requirement and the Reserve Penalty Factor for the Synchronized Reserve Requirement are incorporated in the calculation of the Synchronized Reserve Market Clearing Price, Non- Synchronized Reserve Market Clearing Price and Locational Marginal Price as applicable.

  • Following the Voltage Reduction Warning, the Office of the Interconnection may issue a Voltage Reduction Action during which it directs PJM Members to initiate a voltage reduction.

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a Voltage Reduction Action as described in the PJM Manuals or a Manual Load Dump Action as described in the PJM Manuals, the Real-time Non- Synchronized Reserve Market Clearing Price shall be the product of 1.5 multiplied by the Reserve Penalty Factor for the Primary Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a Voltage Reduction Action as described in the PJM Manuals or a Manual Load Dump Action as described in the PJM Manuals, the Real-time Non- Synchronized Reserve Market Clearing Price shall be sum of the Reserve Penalty Factors for the 30-minute Reserve Requirement and the Primary Reserve Requirement for each Reserve Zone or Reserve Sub-zone to which it can contribute.

  • On January 6, in response to a reserve shortage, PJM issued a Voltage Reduction Warning, followed shortly by a Voltage Reduction Action in hours 19 and 20.

  • If the Office of the Interconnection has initiated in a Reserve Zone or Reserve Sub-zone either a Voltage Reduction Action as described in the PJM Manuals or a Manual Load Dump Action as described in the PJM Manuals, the Real-time Synchronized Reserve Market Clearing Price shall be the sum of the Reserve Penalty Factors for the Primary Reserve Requirement, and the Synchronized Reserve Requirement for that Reserve Zone or Reserve Sub-zone.

Related to Voltage Reduction Action

  • Source reduction means any practice that reduces the amount of any hazardous substance, pollutant, or contaminant entering any waste stream or otherwise released into the environment prior to recycling, energy recovery, treatment, or disposal.

  • alternative maximum council tax reduction means the amount determined in accordance with paragraph 31 and Schedule 4;

  • Waste reduction , or “pollution prevention” means the practice of minimizing the generation of waste at the source and, when wastes cannot be prevented, utilizing environmentally sound on-site or off-site reuse and recycling. The term includes equipment or technology modifications, process or procedure modifications, product reformulation or redesign, and raw material substitutions. Waste treatment, control, management, and disposal are not considered pollution prevention, per the definitions under Part 143, Waste Minimization, of the Natural Resources and Environmental Protection Act (NREPA), 1994 PA 451, as amended.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Debt Service Reduction With respect to any Mortgage Loan, a reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction resulting from a Deficient Valuation.

  • Expense Adjusted Mortgage Rate With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the sum of the (i) the Servicing Fee Rate and (ii) the Credit Risk Manager Fee Rate.

  • Heat input rate means the amount of heat input (in mmBtu) divided by unit operating time (in hours) or, with regard to a specific fuel, the amount of heat input attributed to the fuel (in mmBtu) divided by the unit operating time (in hours) during which the unit combusts the fuel.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Final RTO Unforced Capacity Obligation means the capacity obligation for the PJM Region, determined in accordance with RAA, Schedule 8. Financial Close:

  • Projected Recovery Amount The fair value of the estimated amount of subsequent recoveries, determined by Freddie Mac on the Termination Date, at its sole discretion, on the Credit Event Reference Obligations.

  • Emergency Action means any emergency action for locational or system-wide capacity shortages that either utilizes pre-emergency mandatory load management reductions or other emergency capacity, or initiates a more severe action including, but not limited to, a Voltage Reduction Warning, Voltage Reduction Action, Manual Load Dump Warning, or Manual Load Dump Action.

  • Manual Load Dump Action means an Operating Instruction, as defined by NERC, from PJM to shed firm load when the PJM Region cannot provide adequate capacity to meet the PJM Region’s load and tie schedules, or to alleviate critically overloaded transmission lines or other equipment. Manual Load Dump Warning:

  • Simulated Loss means the excess of the Carrying Value of an oil or gas property over the amount realized from the sale or other disposition of such property.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Final Shared-Loss Recovery Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Emission Reduction Credits or “ERC(s)” means emission reductions that have been authorized by a local air pollution control district pursuant to California Division 26 Air Resources; Health and Safety Code Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Asset Test means, for an Asset Review, each Test, as defined in the Asset Representations Review Agreement, in Schedule A to the Asset Representations Review Agreement to be performed by the Asset Representations Reviewer on the related Asset Review Receivables.

  • Subordinate Reduction Amount With respect to any Payment Date, the sum of the Scheduled Principal, Unscheduled Principal and Recovery Principal for such Payment Date, less the Senior Reduction Amount.

  • Debt Service Reduction Mortgage Loan Any Mortgage Loan that became the subject of a Debt Service Reduction.

  • Maximum allowable residential density means the density allowed under the zoning ordinance and land use element of the general plan, or if a range of density is permitted, means the maximum allowable density for the specific zoning range and land use element of the general plan applicable to the project. Where the density allowed under the zoning ordinance is inconsistent with the density allowed under the land use element of the general plan, the general plan density shall prevail.

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Joint Remediation Committee has the meaning set forth in Section II.A.2.

  • Remediation Period has the meaning specified in Section 8.2(a);