The minimum amount of electricity that a utility must provide to meet the consistent, ongoing needs of its customers. Historically, this steady demand was met by large power plants (like coal or nuclear) that ran continuously. Today, with more renewable energy, this minimum demand can be met by a flexible mix of various power sources, rather than relying solely on specific “baseload plants”.
A technology that stores electrical energy in rechargeable batteries for later use. Batteries help stabilize the grid, manage energy demand, and increase the use of renewable energy.
Any energy resource that provides energy directly to a home or business without passing through a utility company’s meter. Examples include rooftop solar and microgrids.
California ISO
The maximum amount of power an energy source can physically produce (measured in megawatts/MW), or when referring to an electrical grid, the total amount of electricity that power plants connected to the grid are capable of producing. It’s essentially the total potential output of all the electricity sources, like coal, nuclear, hydro, wind, and solar plants. Meanwhile, energy is the actual output of a source over a particular time period.
Generally, participants submit sealed bids to offer capacity at specific prices. The auction ends when the total capacity offered matches the region’s needs, and a single clearing price is set for all commitments.
An energy source that generates electricity with zero- or extremely low-carbon emissions, and can do so when needed, regardless of weather conditions. They include enhanced geothermal energy and advanced nuclear technologies. They also can include solar or wind paired with battery storage to provide on-demand power supply regardless of weather conditions or time of day.
Refers to a regulatory approach for connecting new power generators to the electrical grid, notably used in Texas (ERCOT). This approach allows new generators to connect expeditiously with minimal upfront transmission upgrades. However, the grid operator retains the right to curtail their output if transmission constraints arise. This contrasts with approaches where developers pay for upgrades prior to connection. (see Energy-only interconnection approaches)
An accelerated stakeholder process used in PJM Interconnection to resolve urgent, contentious, and time-sensitive issues that cannot be resolved through the normal stakeholder process. The process involves several stages of discussion and proposal development, culminating in a submission to the Federal Energy Regulatory Commission (FERC) for approval. The CIFP process has been used in recent years to discuss large load additions (2025) and resource adequacy (2023).
Midcontinent Independent System Operator, serves northern Midwest, southeast, and parts of Canada
A non-profit organization that represents state public service commissions, which regulate essential utility services like energy, telecommunications, and water. Its stated aim is to improve the quality and effectiveness of public utility regulation. It has eight committees:
It also has a task force focused on Innovation.
Non-profit organization that operates to assure the effective and efficient reduction of risks to the reliability and security of the grid. It oversees six regional reliability entities and encompasses all of the interconnected power systems of Canada and the contiguous United States, as well as a portion of the Mexican state of Baja California. Its responsibilities include working with all stakeholders to develop standards for power system operation, monitoring and enforcing compliance with those standards, assessing resource adequacy, and providing educational and training resources as part of an accreditation program. NERC also investigates and analyzes the causes of significant power system disturbances in order to help prevent future events and produces reports about the near and long-term reliability forecast.
A document used by government agencies to announce a potential new rule or amendment to an existing one. This is an official part of the law-making process, allowing public comment before the rule is finalized. The acronym is frequently used by the Federal Energy Regulatory Commission (FERC).
A government-owned, contractor-operated facility, funded and overseen by the United States Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE). It specializes in the research and development of renewable energy, energy efficiency, energy systems integration, and sustainable transportation.
New York ISO
Wind turbines erected in bodies of water that harness the power of wind, converting it into electricity that is then transmitted to the mainland to power homes and businesses. Offshore wind farms are considered a renewable energy source.
The real-time balancing of energy supply and demand to maintain frequency and voltage within safe operating limits. It is the shorter-term dimension of reliability and requires regular monitoring and control of the entire grid. It includes the ability to quickly respond to sudden changes, like the loss of a major power plant or transmission line, and to handle normal variations in supply and demand.
A type of power station in which the heat energy generated from various fuel sources (e.g., coal, natural gas, nuclear fuel, etc.) is converted to electrical energy.
The maximum amount of electrical power that can be reliably moved from one geographic region of the power grid to another, essentially indicating the ability of the transmission lines connecting those regions to transport electricity between them without causing instability or exceeding safety limits. It’s a crucial concept for ensuring the safe and efficient operation of the power system, particularly in the context of electricity markets and grid planning.
Equipment used to increase and decrease voltages at grid interfaces.
The process (and infrastructure) of moving large amounts of electrical power over long distances from where it is generated, like a power plant, to substations closer to consumers.
