0
min to read
An EV is a vehicle that uses one or more electric or traction motors for propulsion. The electric motor may be powered by batteries, an...
Several types of electric services are bought and sold in wholesale markets. These services include: Forward capacity: A commitment to...
Electrical power is the rate of work that can be accomplished by electricity. There are three types of electric power: Real power, which...
Electrification is the act of consumers adopting new electric end-use technologies. In a developed economy such as the U.S., this...
Following the Public Utility Regulatory Policies Act (PURPA), the concept of independent power producers (IPPs) became a trend in the...
An energy charge (also called a usage charge or a variable charge) collects for the amount of electricity or gas used by a customer....
Energy efficiency reduces overall energy intensity for a specific energy use without concern for the timing of the use. It is a permanent...
Marketers generally purchase electricity from generators and/or natural gas from producers, and then resell it to utilities, end users,...
Energy services companies, or ESCOs, evolved in the regulated model to offer services beyond the regulated services offered by utility...
An energy storage standard is a regulatory mandate or target directing utilities or load-serving entities to build – or contract for...
An essential facility is a gas or electric company that has some competition but, due to the nature of the business, competition is...
An expense is an expenditure other than capital. Most expenses are a primary component of a utility’s revenue requirement (along with...
In July 2011, the Federal Energy Regulatory Commission (FERC) issued Order 1000 titled Transmission Planning and Cost Allocation. The...
In an attempt to push the industry toward its desired market model, FERC issued Order 2000 (actually issued December 15, 1999), which...
On April 24, 1996, the Federal Energy Regulatory Commission (FERC) issued Order No. 888, which required public utilities to provide open...
In 1977, the Department of Energy Organization Act created the Federal Energy Regulatory Commission (FERC), a successor agency to the...
The regulatory agency created by the Natural Gas Act was the Federal Power Commission (FPC). The original FPC was charged with a number...
The use of financial instruments to manage risks has been well known in commodity industries for decades. Gas and electric market...
A financial services company offers financial products associated with price risk and other risks that are inherent in the electricity...
Firm service is the highest priority utility, gas pipeline, gas storage, electric transmission, gas purchase, or electric purchase level...
