Energy KnowledgeBase

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The Electric Reliability Council of Texas (ERCOT)

The general paradigm in electric markets has been

North America has five regional grids with numerou

Several types of services are bought and sold in w

Energy efficiency reduces overall energy intensity

Marketers generally purchase electricity from gene

The key points of the Energy Policy Act are that i

Energy services companies, or ESCOs, evolved in th

ERS provide bulk system operators with voltage con

Federal power marketing administrations are entiti

In an attempt to push the industry toward its desi

On April 24, 1996 the FERC issued Order No. 888 wh

Gas and electric market participants including pro

A financial services company provides offers finan

To hedge against the financial uncertainty, ISOs o

Firm service is the highest priority utility, gas

Proved reserves are estimated quantities of natura

Gas Scheduling provides the link between customer

A gas supply agreement between a buyer and seller

Gas reserves are located in areas called gas suppl

Markets