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 ability of a retail customer to purchase power supplies and/or transmission services directly from a supplier without going through a local utility; in electric restructuring, such a contract could establish the price for electricity over a specified duration and thus remove the risk associated with buying and selling into a spot market
The rated, continuous load-carrying ability of generation, transmission or other electrical equipment (expressed in megawatts, megavolt-amperes or megavolt-amperes-reactive)
The transmission transfer capability reserved by a load-serving entity that ensures access to generation from interconnected systems to meet generation reliability requirements and allows the load server to reduce its installed generation capacity below what may be otherwise necessary without interconnections to meet its generation reliability requirements
