Definitions for "Installed capacity"
is the theoretical annual production capacity of a plant, whereas effective capacity is a plant's actual optimal annual production capacity, which can be 10–20% less than installed capacity.
A Generator or Load facility that complies with the requirements in the Reliability Rules and is capable of supplying and/or reducing the demand for energy in the NYCA for the purpose of ensuring that sufficient energy and capacity are available to meet reliability rules. The Installed Capacity requirements, established by the New York State Reliability Council, includes a margin of reserve in accordance with the Reliability Rules.
The measure of an energy market's combined electric generating and demand response reduction capacity, usually measured in megawatts (MW) determined by either the full nameplate output of a generating asset or the demand reduction capability of a demand response resource.