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).
The process of creating electricity.
Heat derived from the Earth’s interior, which can be harnessed for electricity generation. It’s a renewable resource, as the Earth’s internal heat is continuously replenished.
The electrical grid is a vast, interconnected network comprising power plants, transmission lines, substations, and distribution lines. Its purpose is to generate, transmit, and deliver electricity from producers to consumers across a wide geographic area.
A variety of technologies that improve the capacity, efficiency, and reliability of existing power grids. They are often lower cost and faster to deploy than major grid infrastructure upgrades like building new transmission lines. These technologies optimize the flow of electricity across existing infrastructure.
Refers to the ability of an inverter to synchronize with frequency and voltage on the grid. These are more common than grid forming and refer to how this technology takes its cues from the grid, not the other way around.
Refers to the ability of an inverter to actively control frequency and voltage on the grid, helping to ensure grid stability. They can provide ancillary services, such as inertia, voltage regulation, and frequency response, essential for maintaining grid stability.
Refers to the many solutions that help the grid withstand major events, such as extreme weather, natural disasters, or cyber attacks, without disruption.
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
A network of distributed energy resources—like rooftop solar panels, electric vehicle chargers, and smart water heaters—that work together to balance energy supply and demand on a large scale. They are usually run by local utility companies that oversee this balancing act.
Often described as the “pressure” that pushes electric current through a circuit. It’s measured in volts (V) and is essentially the energy per unit charge. Think of it like water pressure: the higher the voltage, the greater the “push” on electrons, and the more current can flow.
Maintaining stable voltage on the grid is critical to keeping the lights on and avoiding equipment damage. Voltage is not consistent across the grid, though it is locally constant, with higher voltages used for longer transmission lines and lower voltages used at the distribution level.
