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
Paulson, Erik. Capacity Markets in Action: Challenges from the Purchasers Point of View. Presentation to the HEPG Forty-Eighth Plenary Session. October, 2007. 16 pages.
Find papers and presentations on capacity markets generally, or search specifically for papers and presentations on resource adequacy and/or scarcity pricing.
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
The rated, continuous load-carrying ability of generation, transmission or other electrical equipment (expressed in megawatts, megavolt-amperes or megavolt-amperes-reactive)
