The cost of a past investment that would not be recovered in a developing or fully competitive electricity market because it would no longer be included in a utility's rates (also known as stranded investment
A physical plant that normally operates continuously to take all or part of the minimum load of a system and that consequently generates electricity at an essentially constant rate
The legislation passed by the US Congress requiring electric utilities to provide access to their transmission and increasing wholesale competition in order to reduce the price of electricity for all customers
Integrated resource planning by electric utilities that uses a least-cost combination of demand-side management, conservation and new resources to meet projected future demands
The difference between a utility's electric generating capacity (usually expressed in MW) and anticipated peak load; Operating Reserve is a subset of Planning Reserve
