Grid Glossary

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Offshore wind

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.

Operational reliability

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.

Reactive power

Power that does not perform useful work but is used to establish and maintain electromagnetic fields that are needed to generate, transmit, and convert electric power in the alternating current network. A shortage of reactive power can cause voltage to decline. (See also: voltage support)

Reliability

A characteristic of the whole electricity system to describe its ability to consistently deliver electricity to consumers without interruption, even through grid disturbances. Reliability comes down to having sufficient generating resources to meet demand and a functional operational grid system.

Reliability must-run (RMR) contract

An agreement initiated by an RTO or ISO with a power plant, keeping it in operation temporarily for reliability purposes.

Resilience

The ability of the grid to ride through extreme events, recover quickly, and support other critical systems (e.g., transportation, health care, public safety etc.).

Resource adequacy

An assessment of whether the current or projected resource mix is sufficient to meet capacity and energy needs for a particular grid. The resource mix includes all resources able to provide capacity and energy to the system. Adequacy assessments are used to identify potential shortfalls in the availability of resources across different time frames; from long-term planning (5 to 20+ years) to seasonal and day-ahead assessments.

RTO

 (see also: ISO) – A non-profit organization that manages the electricity transmission system in a specific region, ensuring reliable and efficient electricity delivery. RTOs operate the high-voltage electricity grid, facilitating the movement of power from generating plants to substations and ultimately to consumers. They also oversee competitive wholesale electricity markets.

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