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.
An independent agency that regulates the interstate transmission of natural gas, oil, and electricity. FERC also regulates natural gas and hydropower projects.
A United States law primarily regulating the interstate transmission and sale of electricity and the development of hydroelectric power. It was responsible for creating the body now known as FERC. It was created in 1920 and has been amended several times since.
Measures taken to ensure backup power, particularly of renewable energy, such as solar and wind generators. These requirements may require battery storage, ancillary services, or backup generation, such as an added gas plant to produce energy when a solar or wind plant does not.
Electricity is supplied to homes and businesses in the United States in the form of alternating current, and frequency is the rate at which an alternating current changes direction, as measured in hertz (Hz). Across the power grid there is a consistent frequency which in the United States is 60 Hz.
The ability of the grid to react to a change in
the frequency to bring it back to the normal operating frequency, which is 60 Hz in the United States
Historically refers to industrial facilities with high electrical demand. They had long interconnection timelines that allowed for more study time under traditional planning processes. Currently, emerging large loads include cryptocurrency mining, data centers (conventional and artificial intelligence), oil field loads, and hydrogen production facilities. Many have a shorter timeline to interconnect (months vs. years) to the grid. In addition to these rapid timelines, some emerging large loads introduce new challenges to grid operators like rapid demand fluctuations and increased voltage sensitivity.
The amount of power or electricity consumed by a device or system at a given time. It’s the demand placed on an energy source, like a power grid or a battery, by the connected electrical equipment.
The increase in the demand for electricity over time. It signifies the rising need for power from various sectors, including residential, commercial, and industrial, and can be driven by factors like population increases, economic development, and the adoption of new technologies like electric vehicles and data centers.
A controlled process where a utility company reduces or shuts off power supply to certain areas or customers to balance demand with available supply, preventing a complete system failure. It’s a last-resort measure to maintain grid stability when demand exceeds supply or when there are issues with power generation or transmission.
A way for wholesale electric energy prices to reflect the value of electric energy at different locations, accounting for the patterns of load, generation, and the physical limits of the transmission system.
Analysis is typically performed on a system to determine the amount of capacity that needs to be installed to meet the desired reliability target, commonly expressed as an expected value, or LOLE of 0.1 days/year.
