Grid Glossary

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ERCOT

The Electric Reliability Council of Texas serves as an independent system operator (ISO), managing the flow of electrical power over transmission infrastructure in the state of Texas.

Essential reliability services

A combination of automated and manual controls grid operators adjust to maintain grid reliability by ensuring a balance between supply (generation) and demand (load). They generally consist of three main aspects:

  • frequency response – short-term adjustments to maintain the grid’s oscillations at 60 hz)
  • balancing – related to frequency response but on longer time frames, to, for e.g., plan for energy resource outages due to maintenance, and 
  • voltage control – involves magnetic waves to allow for the movement of watts of energy
Siting requirements

For electricity infrastructure, like power lines and generating facilities, these requirements involve a range of considerations, including safety, environmental impact, and community engagement. Specific regulations vary by location and project type, but generally include distance requirements from existing infrastructure, environmental assessments, and engagement with landowners and stakeholders.

Solar power

The conversion of sunlight into electricity using photovoltaics (PV) or solar thermal technologies. It’s a renewable energy source that is becoming increasingly important in the global energy landscape due to its sustainability and decreasing costs.

Spot Price

Refers to the real-time wholesale cost of electricity that fluctuates based on supply, demand, weather, and grid conditions.

SPP

Southwest Power Pool

Synchronous resources

Generators with turbines rotating in sync with the grid frequency. They include large-scale thermal (coal and gas) and hydropower plants.

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