- Industry: Energy
- Number of terms: 9078
- Number of blossaries: 0
- Company Profile:
California’s primary energy policy and planning agency
Broad term that applies to any change after the original purchase, such as adding equipment not a part of the original purchase. As applied to alternative fuel vehicles, it refers to conversion devices or kits for conventional fuel vehicles. (Same as after-market)
Industry:Energy
Rules set in advance to delineate acceptable activities by participants,particularly participants with significant market power.
Industry:Energy
Scheduling coordinators (SCs) submit balanced schedules and provide settlement-ready metre data to the ISO. Scheduling coordinators also: Settle with generators and retailers, the PX and the ISO; Maintain a year-round, 24-hour scheduling center; Provide non-emergency operating instructions to generators and retailers; Transfer schedules in and out of the PX. (The PX is a marketplace. As bids are accepted, power is being bought and sold. Once a bid is accepted, the power sold is "transferred out" of the PX, since is it no longer available. Power that is available for sale is "transferred in" to the PX. These transfers may also take place directly between the buyer and seller, without involvement of the PX.) The PX is considered a scheduling coordinator.
Industry:Energy
The aggregation of contracts for the purchase of the power output from various energy projects into one pool which then offers shares for sale in the investment market. This strategy diversifies project risks from what they would be if each project were financed individually, thereby reducing the cost of financing. Fannie Mae performs such a function in the home mortgage market.
Industry:Energy
A generation facility dedicated to serving a particular retail customer,usually located on the customer's premises. The facility may either be owned directly by the retail customer or owned by a third party with a contractual arrangement to provide electricity to meet some or all of the customer's load.
Industry:Energy
Primarily an accounting policy comparable to net-billing or running the metre backwards. An entity owns generation that produces excess electricity at one site, that is used at another site(s) owned by the same entity. It is given billing credit for the excess electricity (displacing retail electricity costs minus wheeling charges) on the bills for its other sites.
Industry:Energy
