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Administrative and general expenses

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Administrative and general expenses are a sub-category of expenses incurred in the normal day-to-day operations of a business. Utility...

Administrative and general expenses

Allowance for funds used during construction (AFUDC)

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Allowance for funds used during construction, commonly called AFUDC, is a regulatory method of compensating a utility for the financing...

Allowance for funds used during construction (AFUDC)

Bid week

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In natural gas wholesale trading markets, bid week is the last five business days immediately preceding the first of each month. Although...

Bid week

Natural gas pipe

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Pipe is used to move natural gas from one location to another and can also be used as a form of storage. Pipe size and type vary...

Natural gas pipe

Independent System Operator (ISO)

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An independent system operator, or ISO, is an independent organization that handles electric grid operations, market facilitation for...

Independent System Operator (ISO)

Automated meter reading (AMR)

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Automated meter reading or AMR (also sometimes called automatic meter reading) combines the electronic capabilities of newer solid-state...

Automated meter reading (AMR)

Automatic generation control (AGC)

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AGC is a generator control system that adjusts the real power output of generators in response to control signals from the system...

Automatic generation control (AGC)

Locational marginal pricing (LMP)

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Locational marginal pricing, commonly called LMP, is a means of pricing electricity in organized wholesale markets facilitated by...

Locational marginal pricing (LMP)

Peaking generation

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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...

Peaking generation

Biofuel

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A biofuel is a renewable energy source made from organic matter or waste. Because biofuels can be carbon neutral, or even carbon...

Biofuel

British thermal unit (Btu)

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A British thermal unit, or Btu, is a common measurement of energy and is often used to express the amount of energy contained in a...

British thermal unit (Btu)

Independent power producer (IPP)

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(aka Non-utility generator) Independent power producers, commonly called IPPs, are independent owners of generation that are not part of...

Independent power producer (IPP)

Capacity release

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Capacity release (also called capacity brokering) is the act of reselling firm pipeline rights to a new entity. The market where capacity...

Capacity release

Specified minimum yield strength (SMYS)

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When engineers design a steel gas line, they designate a required pipe minimum yield strength, often called the specified minimum yield...

Specified minimum yield strength (SMYS)

Natural gas delivery system

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The natural gas delivery system transports gas from gas wells to customers who use natural gas in their homes and businesses. Along the...

Natural gas delivery system

Heat rate

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The heat rate of a power plant is a quantity that reflects the amount of fuel required to generate one unit of electrical energy. The...

Heat rate

Investor-owned utility (IOU)

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Investor-owned utilities, or IOUs, are for-profit corporations owned by either public or private shareholders. Most are publicly owned...

Investor-owned utility (IOU)

Aquifer gas storage

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An aquifer is an underground body of rock, sand, or gravel that holds groundwater. In some areas natural aquifers have been converted to...

Aquifer gas storage

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