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A facility that steps up or steps down the voltage in utility power lines. Voltage is stepped up where power is sent through long-distance transmission lines. it is stepped down where the power is to enter local distribution lines.
In economics, a sunk cost is a cost that has already been incurred, and therefore cannot be avoided by any strategy going forward.
A synthetic material that has very low or no electrical resistance. Such experimental materials are being investigated in laboratories to see if they can be created at near room temperatures. If such a superconductor can be found, electrical transmission lines with no little or no resistance may be built, thus conserving energy usually lost in transmission. Superconductors could also have uses in computer chips, solid state devices and electrical motors or generators.
123456
A very large ship designed to transport more than 500,000 deadweight tonnage of oil.
A bid into the PX indicating a price at which a seller is prepared to sell energy or ancillary services.
Activities conducted on the utility's side of the customer meter. Activities designed to supply electric power to customers, rather than meeting load though energy efficiency measures or on-site generation on the customer side of the meter.
123456
(Electric utility) - Excess firm energy available from a utility or region for which there is no market at the established rates.
A condition in which a growing and stable market is identified by orders that are placed on a reliable schedule. The orders increase in magnitude as previous deliveries and engineering and field experience lead to further reductions in costs. The reliability of these orders can be projected many years into the future, on the basis of long-term contracts, to minimize market risks and investor exposure. (See also "Commercialization.")
The Southwest Regional Transmission Association. a subregional RTG within WRTA, and awaiting FERC approval.
Synthetic crude oil made from coal of from oil shale.