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 entity that is hired by an Independent System Operator (ISO) or Regional Transmission Organization (RTO) to oversee and assess the operations of the wholesale electricity market. Its primary role is to ensure fair and competitive market practices by monitoring market participant behavior and identifying potential market manipulation or design flaws.
A non-profit organization that manages the electricity grid and wholesale electricity markets within a specific geographic region. Its primary role is to ensure the reliable and efficient delivery of electricity, balancing supply and demand in real-time and overseeing fair competition among market participants.
In the context of the grid, it refers to the energy stored in the rotating machinery of generators, such as the turbines of a gas plant or hydropower station.
The turbines rotate at the same rate as the grid–60 cycles per second (hertz) in the United States–and help provide stability for the grid, particularly during spikes in power demand or other disturbances. If the power plant goes offline for any reason, the inertia of the turbines maintains the grid’s frequency for a window of time while another power source is brought online to replace the offline generator.
Certain types of renewable energy, such as wind and solar photovoltaic, do not use rotational generators, instead using electronic inverters. But these renewable technologies include electronic sensors that can respond to changes in frequency quickly, and can replace the need for rotational inertia.Synthetic inertia – Inertia provided without synchronous generators and refers to the transfer of active power into the grid from a grid-forming inverter. This type of inertia can provide the same, or even better, stabilization services as traditional inertia because it has an instantaneous effect.
The process of connecting new power sources, like renewable energy generators or energy storage systems, to the existing grid infrastructure. It involves integrating these new sources with the grid’s transmission and distribution networks, ensuring a stable and reliable flow of electricity.
The line in which power generation and transmission projects must wait after they have requested to connect to the electric grid. These queues are managed by grid operators like ISOs (Independent System Operators) or RTOs (Regional Transmission Organizations). Projects are evaluated for their impact on the grid and the necessary upgrades before they can connect and deliver electricity.
A power source whose availability and output fluctuate due to natural variations in its energy source. This means the power supply isn’t consistently available, often linked to weather conditions like wind speed, time of day, or season. Renewable energy output can be forecast and stored in battery systems to maintain grid reliability.
Technology that provides the interface between the grid and energy sources like solar panels, wind turbines, and energy storage, converting direct current to alternating current (which is how electricity is delivered in the United States). It is used to convert power output from solar cells, batteries, and wind turbines into power that can be injected into the grid.
A power generation or storage device (such as a battery) that connects to the electrical grid through an inverter, a power electronic device that converts direct current (DC) to alternating current (AC). These resources, including solar photovoltaic (PV) systems, wind turbines, and battery energy storage systems, are increasingly important for grid stability.
ISO New England
Midcontinent Independent System Operator, serves northern Midwest, southeast, and parts of Canada
