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Use of generation is often divided into three categories — baseload, which is generation run all 24 hours of the day; intermediate, which...
Basis is a term used in energy trading to describe the difference between two methods of setting prices. Examples of basis include:...
Electric battery capabilities are measured in three different ways: Power capacity or power rating: The maximum amount of power that a...
A bilateral contract is a private trade between two parties. Bilateral transactions usually occur on the phone with two individuals...
Biomass is renewable organic material that comes from plants and animals and contains stored chemical energy from the sun. Plants produce...
For a generating unit to start up, it must provide excitation power to the rotor. Many units utilize electricity from the grid for this...
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A blackout is a total power outage on a portion of the electric grid. In some cases, the term is used synonymously with “power outage.”...
A branch circuit is an electrical circuit within a customer facility that goes from a breaker in the main service panel to serve a...
A brownout is a situation where a utility delivers power to a customer at a voltage that is lower than what is considered acceptable...
The bulk electric system (BES) comprises multiple generators and storage facilities that connect into the high-voltage transmission...
The service that gas and electric end users receive is actually two services: commodity (which is the natural gas or electron flow) as...
A busbar, commonly called a bus, is a metallic bar or tube that is used to conduct electricity in generator switchyards, substations, and...
Bypass is the act of connecting an end-use customer directly to a gas or electric delivery system other than the customer’s utility...
CME Group is an American global markets company. It is the world's largest financial derivatives exchange, and it trades in asset classes...
The California Independent System Operator (CAISO) is a regional transmission organization (RTO) that manages the flow of electricity...
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California implemented electric deregulation on April 1, 1998. In the first years (1998–1999) wholesale electric prices dropped — so much...
Cap and Trade is a regulatory mechanism tied to reducing emissions by power plants or other industries. It is designed for flexibility in...
Capacitors are installed at various points on distribution systems and in certain customer facilities to help increase power factor,...
When market participants contract to use specific facilities, they often contract for rights to use a specific amount of capacity on the...
Capacity refers to the maximum amount of power available from an electric resource or the maximum capability of an electric device to...
