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).
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
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
(see: Interconnection Queue)
Measure of the rate of energy transfer over a unit of time, with one watt equal to one joule (J) per second.
A form of renewable energy that uses the kinetic energy of wind to generate electricity. It involves capturing the wind’s energy through turbines, which then convert this mechanical energy into electricity. Modern wind power generation primarily relies on wind turbines, often grouped into wind farms, connected to the electrical grid.
The increase in energy demand during the winter months, usually due to heating needs. This can lead to higher energy prices and bills for a number of reasons, including: