Demand Bid Limit definition

Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Operating Agreement, Schedule 1, section 1.10.1B, and the parallel provisions of Tariff, Attachment K- Appendix.
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Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Operating Agreement, Schedule 1, section 1.10.1B, and the parallel provisions of Tariff, Attachment K- Appendix. Demand Bid Screening:
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Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted by a Load Serving Entity for any hour of an Operating Day, as determined pursuant to Operating
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Examples of Demand Bid Limit in a sentence

  • A Load Serving Entity may submit a written exception request to the Office of Interconnection for a higher Demand Bid Limit for an affected Operating Day.

  • Such request must include a detailed explanation of the circumstances at issue and supporting documentation that justify the Load Serving Entity’s expectation that its actual load will exceed its Demand Bid Limit.

  • Such Demand Bid Limit will apply to all Demand Bids submitted by that Load Serving Entity for each future Operating Day for which it submits bids.

  • Using Demand Bid Screening, the Office of the Interconnection will automatically reject a Load Serving Entity’s Demand Bids in any future Operating Day for which the Load Serving Entity submits bids if the total megawatt volume of such bids would exceed the Load Serving Entity’s Demand Bid Limit for any hour in such Operating Day, unless the Office of the Interconnection permits an exception pursuant to subsection (d) below.

  • Such request must include a detailed explanation of the circumstances at issue andsupporting documentation that justify the Load Serving Entity’s expectation that its actual load will exceed its Demand Bid Limit.

  • A Load Serving Entity whose Demand Bids are rejected as a result of Demand Bid Screening may change its Demand Bids to reduce its total megawatt volume to a level that does not exceed its Demand Bid Limit, and may resubmit them subject to the applicable rules related to bid submission outlined in Tariff, Operating Agreement and PJM Manuals.

  • She also responded to the enquiry raised by the Vice-chairman, indicating that information on the specific way of handling the contingency fund in future and their detailed calculation were not available at this stage, but she had explained the principles to Members earlier.

  • Even when the Staff handles the Retained Personal Information, etc.

  • Using Demand Bid Screening, the Office of the Interconnection will automatically reject a Load Serving Entity’s Demand Bids in any future Operating Day forwhich the Load Serving Entity submits bids if the total megawatt volume of such bids would exceed the Load Serving Entity’s Demand Bid Limit for any hour in such Operating Day, unless the Office of the Interconnection permits an exception pursuant to subsection (d) below.

  • Examples of such circumstances include, but are not limited to, changes in load commitments due to state sponsored auctions, mergers and acquisitions between PJM Members, and sales and divestitures between PJM Members.• A LSE whose Demand Bids are rejected as a result of Demand Bid Screening screening may change the Demand Bids to reduce the total megawatt volume to a level that does not exceed the Demand Bid Limit.


More Definitions of Demand Bid Limit

Demand Bid Limit means the largest MW volume of Demand Bids that may be submitted
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Related to Demand Bid Limit

  • Demand Bid means a bid, submitted by a Load Serving Entity in the Day-ahead Energy Market, to purchase energy at its contracted load location, for a specified timeframe and megawatt quantity, that if cleared will result in energy being scheduled at the specified location in the Day-ahead Energy Market and in the physical transfer of energy during the relevant Operating Day.

  • Demand Bid Screening means the process by which Demand Bids are reviewed against the applicable Demand Bid Limit, and rejected if they would exceed that limit, as determined pursuant to Operating Agreement, Schedule 1, section 1.10.1B, and the parallel provisions of Tariff, Attachment K-Appendix.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with the provisions of Section 2.2(b).

  • Prescribed Limit means ten per cent (10%) of the issued ordinary share capital of the Company as at the date of passing of this resolution unless the Company has effected a reduction of the share capital of the Company in accordance with the applicable provisions of the Companies Law, at any time during the Relevant Period, in which event the issued ordinary share capital of the Company shall be taken to be the amount of the issued ordinary share capital of the Company as altered (excluding any treasury share that may be held by the Company from time to time); and