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Regional Transmission Organization
A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning multiple states are therefore regulated by the Federal Energy Regulatory Commission (FERC). The voluntary creation of RTOs was initiated by FERC Order No. 2000, issued on December 20, 1999. The purpose of the RTO is to promote economic efficiency, reliability, and non-discriminatory practices while reducing government oversight. An independent system operator (ISO) is similarly an organization formed at the recommendation of FERC. In the areas where an ISO is established, it coordinates, controls, and monitors the operation of the electrical power system, usually within a single US state, but sometimes encompassing multiple states. RTOs typically perform the same functions as ISOs but cove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NYISO
New York energy law is the statutory, regulatory, and common law of the state of New York concerning the policy, conservation, taxation, and utilities involved in energy. Secondary sources have also influenced the law of energy in the Empire State. The myriad legal issues concerning hydrofracking in New York has in the 2010s spawned a new body of legal authority with primary authorities such as case law, statutes, and zoning regulations, as well as secondary sources such as law review and newspaper articles, for this rapidly changing field of law. Energy Law (Consolidated Laws) The '' New York Consolidated Laws'' includes a statutory code called the "Energy Law". Under New York law, "energy" and "energy resources" are defined as: The N.Y. Energy Law became effective on July 26, 1976 as Chapter 17-A of the Consolidated Laws. The 1970s was a period of tremendous expansion of both federal and state laws concerning energy. This code is divided into these articles, which are '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United Stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico ''''. . making it the world's 13th-largest country by are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transmission Congestion
Electricity transmission congestion is a condition of the electrical grid that prevents the accepted or forecasted load schedules from being implemented due to the grid configuration and equipment performance limitations. In simple terms, congestion occurs when overloaded transmission lines are unable to carry additional electricity flow due to the risk of overheating and the transmission system operator (TSO) has to direct the providers to adjust their dispatch levels to accommodate the constraint or in an electricity market a power plant can produce electricity at a competitive price but cannot transmit the power to a willing buyer. Congestion increases the electricity prices for some customers. Definitions There is no universally accepted definition of the transmission congestion. Congestion is not an event, so it is frequently not possible to pinpoint its place and time (in this respect it is similar to traffic congestion). Regulators define congestion as a condition that prev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBSO
The New Brunswick System Operator (NBSO) was an independent not-for-profit statutory corporation created under New Brunswick's Electricity Act on October 1, 2004. Under the Act, the NBSO was responsible for the adequacy and reliability of the integrated electricity system, and for facilitating the development and operation of the New Brunswick Electricity Market. These responsibilities took the form of operation of the NBSO-controlled grid and administration of the Open Access Transmission Tariff (Tariff) and the New Brunswick Electricity Market Rules. Dissolution New Brunswick's neElectricity Act(the “Act”) was proclaimed on October 1, 2013. Among other things, the Act saw the amalgamation of the NBSO with the NB Power Group of Companies. Legislation continues the requirement for open and non–discriminatory transmission access in New Brunswick. The system operation functions that were currently performed by the NBSO are now performed within a vertically integrated NB Powe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hydro One
Hydro One Limited is an electricity transmission and distribution utility serving the Canadian province of Ontario. Hydro One traces its history to the early 20th century and the establishment of the Hydro-Electric Power Commission of Ontario (renamed "Ontario Hydro" in 1974). In October 1998, the provincial legislature passed the ''Energy Competition Act'' which restructured Ontario Hydro into separate entities responsible for electrical generation, transmission/delivery, and price management with a final goal of total privatization. Hydro One was established at this time as a corporation under the ''Business Corporations Act'' with the Government of Ontario as sole shareholder. Following its initial public offering on the Toronto Stock Exchange in 2015, the Government of Ontario began selling shares to the public with a final goal of 60% of the company being held by private investors. A report released on December 2, 2015, by the Auditor General of Ontario raised concern with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independent Electricity System Operator
The Independent Electricity System Operator (IESO) is the Crown corporation responsible for operating the electricity market and directing the operation of the bulk electrical system in the province of Ontario, Canada. It is one of seven independent system operators in North America. The IESO was established in April 1999 as the Independent Electricity Market Operator (IMO) under the government of Ontario during the premiership of Mike Harris in preparation for deregulation of the province's electrical supply and transmission system. As part of government plans to privatize the assets of Ontario Hydro, the utility was split into five separate Crown corporations with the IMO responsible for directing the flow of electricity across the high-voltage, province-wide network owned by Hydro One and other transmission companies. It was also given the responsibility of managing and operating the competitive wholesale electricity market and working with neighbouring jurisdictions to manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AESO
The Alberta Electric System Operator, (AESO), is the non-profit organization responsible for operating Alberta, Canada's power grid. AESO oversees the planning and operation of the Alberta Interconnected Electric System (AIES) in a "safe, reliable, and economical" manner. It is mandated by provincial legislation to act in the public interest and cannot own any transmission, distribution or generation assets. One of AESO's responsibilities is to manage system load in the case where shortfalls in supply or excessive demand for electricity threaten the integrity of the power grid. In this case AESO can direct power companies to shed load temporarily through measures such as rolling blackouts. In July 2012, six power generators were shut down during a major heat wave that resulted in high demand on the power grid, Edmonton, Calgary, Red Deer and Lethbridge were hit by rolling blackouts. AESO directed utilities to reduce their customer load. AESO's Doug Simpson explained that this had not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PJM Interconnection
PJM Interconnection LLC (PJM) is a regional transmission organization (RTO) in the United States. It is part of the Eastern Interconnection grid operating an electric transmission system serving all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia. PJM, headquartered in Valley Forge, Pennsylvania, was the world's largest competitive wholesale electricity market until the development of the European Integrated Energy Market in the 2000s. More than 1,000 companies are members of PJM, which serves 65 million people and has 185 gigawatts of generating capacity. With 1,436 electric power generators and 85,103 miles of transmission lines, PJM delivered 783 terawatt-hours of electricity in 2021. Started in 1927, the pool was renamed the ''Pennsylvania-New Jersey-Maryland'' Interconnection (PJM) in 1956. The organization continues to integrate addition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
