
January 31, 2007 |
2007-R-0146 | |
ENERGY TERMS AND ACRONYMS | ||
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By: Kevin E. McCarthy, Principal Analyst | ||
You asked for a glossary of energy terms and acronyms, which are listed in Table 1.
Table 1: Common Energy Acronyms and Terms
Acronym |
Term |
Definition/Role |
CCF |
100 cubic feet |
The average residential natural customer uses about 150 ccf per month during the heating season. |
CEAB |
Connecticut Energy Advisory Board |
Prepares state energy plans and advises the legislature on energy issues. |
C&I |
Commercial and industrial customers |
This class of electric and natural gas utility customers also includes many non-profit and governmental entities. |
CHP |
Combined heat and power |
Systems that use the waste heat produced in the process of generating electricity for manufacturing processes, space heating, or other useful purposes. Also called cogeneration. |
CMEEC |
Connecticut Municipal Electric Energy Cooperative |
Buys power and performs other services for the state's municipal electric utilities. |
CTA |
Competitive transition assessment |
A charge on electric bills used to cover the electric companies' stranded costs. These are DPUC-approved costs, primarily for power plants and long-term contracts, whose continued recovery was jeopardized with the restructuring of the electric industry under PA 98-28. |
DG |
Distributed generation |
Small scale power production facilities, often located on a customer's premises. An example of such “customer-side DG” facility would be a generator located in a factory. In contrast, “grid-side DG” facilities are located at substations and other electric distribution facilities. |
DPUC |
Department of Public Utility Control |
State agency that regulates electric, gas, and water companies and, to a lesser extent, telecommunications and cable TV companies. |
EIA |
Energy Independence Act |
State legislation passed in 2005 that provides a variety of incentives for new generation and conservation programs, among other things. |
ECMB |
Energy Conservation Management Board |
Reviews electric company conservation plans and provides recommendations to DPUC. |
FERC |
Federal Energy Regulatory Commission |
Federal agency that regulates the wholesale electric and gas industries. |
FCM |
Forward Capacity Market |
Auction mechanism designed to ensure that there are sufficient resources (generating capacity and demand-side measures) to meet New England's electric demand. Will be used to replace reliability must run (RMR) payments starting in 2010. |
FMCC |
Federally- mandated congestion costs |
Costs, including RMR payments made to generators, associated with congestion on the state's transmission system. In Connecticut, the FMCC component of electric bills is also used to pay for incentives under the Energy Independence Act (EIA). |
GSC |
Generation services charge |
The part of an electric company's bill that reflects its costs in buying power on the wholesale market. |
IRP |
Integrated resources planning |
A process for meeting projected demand for electricity or natural gas by using a mix of supply side and demand side resources, such as conservation programs. |
ISO-NE |
Independent System Operator-New England |
The non-profit entity that administers the regional wholesale electric market. |
kV |
1,000 volts (kilovolt) |
A volt is the unit of electric force, the equivalent of water pressure in a pipe. Most transmission lines in Connecticut operate at 115 kV or 345 kV. |
kw |
kilowatt |
One thousand watts, or the amount of power used by ten 100 watt light bulbs. |
kwh |
kilowatt-hour |
One thousand watts used for one hour. The average residential customer in Connecticut used about 800 kwh per month in 2005. |
LDC |
Local distribution company |
Gas distribution company; in Connecticut they are Connecticut Natural Gas, Southern Connecticut Gas, and Yankee Gas Services. |
LNG |
Liquefied natural gas |
Natural gas that has been liquefied by chilling it to approximately –260º F. The proposed Broadwater facility would convert LNG received by tankers back into a gas and distribute it to Long Island and New England. |
LICAP |
Locational installed capacity payment |
A mechanism initially approved by FERC to take the place of RMRs and related payments to generators. LICAP would have provided payments to generators, based on their location in New England, for their installed capacity. Superseded by a settlement that authorized FMC and other mechanisms. |
mcf |
thousand cubic feet |
Unit of measurement for natural gas. A typical residential customer in Connecticut uses about 94 MCF per year. |
MW |
megawatt |
One million watts. A typical power plant has a generating capacity of 500 MW. |
OCC |
Office of Consumer Counsel |
State agency that represents ratepayers in DPUC and FERC proceedings. |
OP 4 |
Operating Procedure 4 |
Procedures ISO-NE follows when there is a capacity shortage. The procedures start with informing market participants of the shortage and ramp up to steps including shutting off power to interruptible customers and imposing voltage reductions (brown-outs). |
PA 98-28 |
Public Act 98-28 |
Legislation adopted in 1998 that restructured the electric industry to allow customers to choose an electric supplier other than their electric company. Often called the “dereg bill. ” |
PGA |
Purchased gas adjustment |
An adjustment on natural gas bills that adjusts rates up or down depending on changes in the cost of gas purchased by the LDC. |
PV |
Photovoltaic |
Solar energy technology that converts sunlight directly into electricity. |
RMR |
Reliability must-run |
Payments made to generators that cannot earn enough revenues on the wholesale market to cover their costs of production but whose power is needed to maintain system reliability. |
RPS |
Renewable Portfolio Standard |
Statutory requirement that electric companies and competitive suppliers get part of their supply from renewable resources. |
SBC |
Systems benefit charge |
Charge on electric bills used to pay for various public policy costs. |
SOLR |
Supplier of last resort |
Service electric companies must provide to large customers who do not choose a competitive supplier. Small and medium customers receive “standard service. ” |
T&D |
Transmission and distribution |
Electric transmission systems move power at high voltage for long distances, primarily from generating plants to substations. Distribution systems move power at lower voltages from substations to homes and businesses. |
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