Reference
Electricity Market Glossary
Comprehensive reference for technical, financial, and regulatory terms used in global electricity markets.
Renewable Energy Zone (REZ)
A Renewable Energy Zone is a geographic area identified by planners where high quality renewable resources, land availab...
Long Term Service Agreement (LTSA)
A Long Term Service Agreement is a multi year contract between an asset owner and an original equipment manufacturer or ...
Curtailed Energy Compensation Mechanism
A curtailed energy compensation mechanism defines how generators are paid when system operators reduce their output for ...
Static Synchronous Compensator (STATCOM)
A Static Synchronous Compensator is a shunt-connected power electronics device that provides fast reactive power injecti...
Congestion
Congestion occurs when transmission system constraints prevent the free flow of electricity between regions, creating lo...
Capacity Expansion Sensitivity Analysis
Capacity expansion sensitivity analysis tests how changes in inputs such as fuel prices, technology costs, carbon policy...
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