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Uplift

The additional expense from operating more expensive generating units to meet local demand; also called congestion costs

Vertically Integrated Utility

A utility that owns and controls generation, transmission and distribution components

VAR (Volt-Amperes Reactive)

The unit of measure of the power that maintains the constant variation of the electro-magnetic fields associated with alternating-current circuits

Voltage

The force that makes electricity flow; the unit of measure of electric potential

Volumetric Wires Charge

A fee for using the transmission or distribution system that is based on the volume of electricity that is transmitted

Wholesale Market

The bulk power market

Wholesale Wheeling

Buying transmission services from a utility to transport (wheel) electricity to another utility, non-utility generator or a wholesale customer

Wires Charge

Charging electric suppliers or their customers for the use of transmission or distribution wires

Search Resource Library
Bushnell, James, Michaela Flagg, and Erin Mansur. “Capacity Markets at a Crossroads. Energy Institute at Haas, April 2017.” 2017.Abstract
wp278updated.pdf
Bushnell, James; Flagg, Michaela; Mansur, Erin. Working paper: Capacity Markets at a Crossroads. Energy Institute at Haas, April 2017.

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