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Transmission congestion occurs when there is insufficient transmission capacity to simultaneously accommodate all requests for...
When it began gas restructuring in 1988, the California Public Utilities Commission (CPUC) divided gas utility customers into two...
A curtailment is an event where energy services are temporarily unavailable. The term most commonly refers to an end-use customer’s gas...
Day-ahead energy refers to electricity scheduled in the day prior to the actual day of flow. The day ahead is the common point at which...
Demand response, or DR, is a form of demand side management (DSM) that reduces demand during specific times or shifts demand across time....
DSM is the modification of consumer demand for energy and may be used to: reduce customer load during peak demand or during supply...
To ensure market liquidity in competitive markets, there must be many sellers and also many buyers. One without the other does not make...
The term deregulation describes modification of regulatory rules to provide for competition in certain sectors of the industry. In some...
The term deregulation describes modification of regulatory rules to provide for competition in certain sectors in the industry. In some...
With the growth of distributed energy resources (DERs) and the potential benefits of using DERs as grid resources, there is a greater...
With the growth of distributed energy resources (DERs), and their potential benefits as grid resources, there is a need for an entity to...
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...
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.,...
An electric market structure describes the way that various market participants interact to produce and deliver electricity to the...
