No-load Cost definition

No-load Cost means the hourly cost required to create the starting point of a monotonically increasing incremental offer curve for a generating unit.
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No-load Cost means the hourly cost required to theoretically operate a synchronized unit at zero MW. It consists primarily of the cost of fuel, as determined by the unit’s no load heat (adjusted by the performance factor) times the fuel cost. It also includes operating costs, Maintenance Adders, and emissions allowances.
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No-load Cost means the hourly cost required to create the starting point of a
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Examples of No-load Cost in a sentence

  • In this chart, "ASU" represents amortized Start-Up Cost, "ANL" represents amortized No-load Cost, and ASD represents amortized Shutdown Cost.

  • If a Market Seller’s available cost-based offer is not compliant with Operating Agreement, Schedule 2 and the PJM Manuals at the time a Market Seller submits a market-based Real-time Offer for an applicable clock hour during the Operating Day, the Market Seller must submit an updated cost-based Real-time Offer consisting of an Incremental Energy Offer, Start-up Cost, and No-load Cost for that clock hour that is compliant with Operating Agreement, Schedule 2 and the PJM Manuals.

  • If a Market Seller’s available cost-based offer is not compliant with Operating Agreement, Schedule 2 and the PJM Manuals at the time a Market Seller submits a market-based Real-time Offer for an applicable clock hour during the Operating Day, the Market Seller must submit an updated cost-based Real-time Offer consisting of an Incremental Energy Offer, Start-up Cost and No-load Cost for that clock hour that is compliant with Operating Agreement, Schedule 2 and the PJM Manuals.

  • If any of the resource’s Incremental Energy Offer, No-load Cost or Start-Up Cost are updated for any portion of the offer capped hours subsequent to commitment, the Office of the Interconnection will redetermine the level of the offer cap using the updated offer values.

  • Accordingly, consistent with Order No. 831, PJM’s approach for adjusting cost-based Composite Energy Offers, and PJM’s existing energy market rules, PJM is proposing to evaluate whether the separate Start-Up Cost and No-load Cost specified on market-based offers pass the reasonability tests and adjust the offer components.

  • For example, assume a resource is committed in the dispatch run, has a cost-based unverified Composite Energy Offer of $2,100/MWh with a verified Incremental Energy Offer of $800/MWh, and both Start-Up Cost and No-load Cost fail their reasonability tests.

  • The amortized No-load Cost, to the extent it is reviewed pursuant to Tariff, Attachment K-Appendix, section 6.4.3A, shall be excluded from the Composite Energy Offeradjusted if the resource’s applicable Incremental Energy Offer and No-load Cost exceed the reasonably expected cost, as described in subsection (iii) below.

  • Scenarios 17 through 25 concern offers submitted for Economic Load Response Participant resources (“ELR”), which include a shutdown cost offer parameter.* The Start-Up Cost and No-load Cost included in a Composite Energy Offer will be at their amortized value.

  • The amortized No-load Cost shall equal the resource’s applicable No-load Cost, amortized over the resource’s Economic Maximum or Emergency Maximum output, whichever is applicable output and included in the Composite Energy Offer for all intervals in which the resource is pool-scheduled.

  • Market-based Start-Up Cost and market-based No-load Cost are allowed to be changed only in six month intervals.


More Definitions of No-load Cost

No-load Cost means the hourly cost required to theoretically
Sample 1
No-load Cost means the hourly cost required to theoretically operate a synchronized unit
Sample 1
No-load Cost means the hourly cost required to theoretically operate a synchronized unit at zero MW. It consists primarily of the cost of fuel, as determined by the unit’s no load heat
Sample 1

Related to No-load Cost

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Building Contractor means the building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Firm Scheme; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England;

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.