Planning by utilities to ensure that electric generators operate as scheduled, based upon load forecasts (also, operating a generator to balance short-term load fluctuations)
In the Midwest PTPs are defined as either obligations or options that are directional and entitle the owner of a PTP to be paid the difference in the congestion components of the locational prices between the specific point or points of receipt and the specified point or points of injection
A generator that serves a specific retail customer, usually on the customer's premises; such a dedicated generator may be partially or fully owned by the customer
The measure of time that a generating unit, transmission line or other facility is capable of providing service, whether the unit, line or facility is in service (expressed as a percent available for the time under consideration)
A customer lacking realistic economic alternatives to buying power from its local utility, even if that customer has a legal right to purchase power from competitors