0
min to read
Decoupling is a regulatory mechanism designed to adjust future rates so that actual utility revenues match the revenues used to set...
A demand charge is based on the maximum usage by a customer within a given time frame and often varies from month to month. Most commonly...
Demand response, or DR, is a form of demand side management (DSM) that reduces demand during specific times or shifts demand across time....
To ensure market liquidity in competitive markets, there must be many sellers and also many buyers. One without the other does not make...
The United States Department of Energy is a cabinet-level executive department of the federal government responsible for energy policy...
The general concept behind depreciation is that most assets lose value over time. The loss of value comes through effects of wear and...
Scientists agree that to avoid the worst impacts of climate change caused by humans emitting greenhouse gases (GHG), we must dramatically...
A disallowance, also called a regulatory disallowance or cost disallowance, is an investor-owned utility expenditure that regulators do...
By the mid 2010s, distribution utilities in many regions began the process of changing planning and design processes to account for...
The duck curve is the name given to the shape of the net load curve in a market with a significant penetration of solar energy. The net...
Economic dispatch, also called least-cost economic dispatch, is the operation of generation facilities to reliably produce energy at the...
The Electric Reliability Council of Texas (ERCOT) operates the electric grid and manages the deregulated market for the Texas...
An electric cooperative, commonly called a co-op, is a form of utility ownership where the utility is a non-profit organization owned by...
Capital costs are the upfront costs necessary to construct and put a generation unit into service. These include engineering,...
The levelized cost of electric generation is a measure of the average net present value cost of generating a MWh of electricity for a...
The variable cost of electric generation is a measure of the incremental cost of generating a MWh of electricity from a power plant. This...
The word electricity is derived from the Latin word electricus, which means to "produce from amber by friction." As long ago as 600 B.C.,...
Electric reliability indices measure the reliability of a given electric grid. They often are used by regulators to measure utility...
Because regulation has traditionally insulated customers from market pricing, electricity markets have not historically followed standard...