Q - U

A for-profit or non-profit entity that coordinates transmission planning, operations and use on a regional and inter-regional basis and that is subject to FERC approval

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

The interface between two control areas or ISOs

Issuing revenue bonds backed by anticipated revenue to refinance a utility's debt and stranded assets

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 geographical area served by an electric utility

The market in which electricity is traded for immediate delivery

Provides protection against under voltage and/or voltage collapse by injecting positive or negative VARs as necessary to support a transmission system

Wholesale electricity pricing that is determined separately by zone, based on the supply and demand in a region, and uses locational marginal pricing (LMP)

A predetermined rate offered to a customer who remains with a utility, instead of choosing another electric supplier in a competitive marketplace