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Competition in the Electric Industry Emerging Issues, Opportunities, and Risks for Facility Operators (1996) / Chapter Skim
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Glossary
Pages 87-89

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 87...
... , nonutility owners of generation capacity that are qualified to sell in the wholesale power market. Federal Energy Regulatory Commission The federal agency charged with regulating interstate commerce in electric power (both wholesale sales and mergers and acquisitions)
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From page 88...
... Act of Congress passed in 1978 that, among other provisions, requires electric utilities to buy power from independent generators, at prices representing the utilities' "avoided costs" of adding the corresponding amounts of generation. Qualified facility Generating facilities that are independently owned and sell power to utilities under contracts based on fuel price forecasts in the past.
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From page 89...
... Wheeling The transmission of power from one utility's territory to another's, often for sale to a customer by a third party.
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Key Terms

  • regulatory policies
  • regulatory commission
  • public utility
  • energy regulatory
  • federal energy

  • policies act
  • unscheduled outages
  • capacity held
  • require transmission
  • corresponding amounts

  • electric utilities
  • congress passed
  • generating facilities
  • generation capacity
  • wholesale sales

  • examples include
  • wholesale power
  • agency charged
  • requires electric
  • include research

  • nonutility owners
  • independent generators
  • meet peaks
  • fuel price
  • efficiency improvements

  • contracts based
  • commission authority
  • interstate commerce
  • independently owned
  • generating capacity


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