The brief periods when electricity consumption is at its highest, often driven by factors like extreme weather or heat events. This is the highest amount of electricity demand for which a grid operator needs to plan.
A power plant that is designed to quickly ramp up and provide electricity during periods of high energy demand, such as during hot summer afternoons or cold winter evenings, to meet the increased needs of households and businesses. These plants generally only run during these peak events to supplement regular power generation.
A regulatory tool that ties a portion of utilities’ earnings to the utilities’ performance on desired regulatory outcomes, offering utilities opportunities to create the programs and services needed to advance emerging priorities.
The conversion of light into electricity at the junction of two substances exposed to light. A photovoltaic system employs solar modules, each comprising a number of solar cells, which generate electrical power.
Pennsylvania-New Jersey-Maryland Interconnection- services 13 states in Midatlantic and Midwest region
The rate of transfer of energy. It’s essentially how quickly energy is being used or converted from one form to another in an electrical circuit. Power is measured in watts (W), which represents one joule (J) of energy per second.
A measure of how efficiently electrical power is being used. It shows how much of the total power flowing in a circuit is actually doing useful work (active power) versus being ”wasted” as reactive power. A power factor closer to 1 means higher efficiency and fewer losses.
Sometimes also called a Public Service Commission (PSC), is a state-level governmental agency that regulates utilities like electricity, gas, and water. PUCs ensure that these essential services are provided fairly, reliably, and at reasonable prices, often by overseeing monopolies and protecting consumers.
(see: Interconnection Queue)
For electricity infrastructure, like power lines and generating facilities, these requirements involve a range of considerations, including safety, environmental impact, and community engagement. Specific regulations vary by location and project type, but generally include distance requirements from existing infrastructure, environmental assessments, and engagement with landowners and stakeholders.
The conversion of sunlight into electricity using photovoltaics (PV) or solar thermal technologies. It’s a renewable energy source that is becoming increasingly important in the global energy landscape due to its sustainability and decreasing costs.
Refers to the real-time wholesale cost of electricity that fluctuates based on supply, demand, weather, and grid conditions.
Southwest Power Pool
Generators with turbines rotating in sync with the grid frequency. They include large-scale thermal (coal and gas) and hydropower plants.
A type of power station in which the heat energy generated from various fuel sources (e.g., coal, natural gas, nuclear fuel, etc.) is converted to electrical energy.
The maximum amount of electrical power that can be reliably moved from one geographic region of the power grid to another, essentially indicating the ability of the transmission lines connecting those regions to transport electricity between them without causing instability or exceeding safety limits. It’s a crucial concept for ensuring the safe and efficient operation of the power system, particularly in the context of electricity markets and grid planning.
Equipment used to increase and decrease voltages at grid interfaces.
The process (and infrastructure) of moving large amounts of electrical power over long distances from where it is generated, like a power plant, to substations closer to consumers.
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.
