An agreed-upon transaction size (measured in MW), start and end times, start and end ramp times and rates required for delivery and receipt of power and energy between contracting parties and the control areas involved in the transaction
An entity (for profit or non-profit) that assembles generators or customer loads to achieve economies of scale and diversity among the generators or loads being combined
The rated, continuous load-carrying ability of generation, transmission or other electrical equipment (expressed in megawatts, megavolt-amperes or megavolt-amperes-reactive)
Establishing the rates a utility charges its commercial, industrial and residential customers (customer classes) based on the reasonable and necessary costs of investment and servicing; in short, linking a utility's costs to its rate of return through regulation
