Business and Regulation

LNG safety

The key safety issues for LNG relate to the conseq

Load forecasting

Load forecasting is the process of creating a fore

Load serving entity (LSE)

In many regions, the term load serving entity (LSE

Local distribution company (LDC)

A local distribution company, or LDC, is the gas u

Locational marginal pricing (LMP)

Locational marginal pricing, commonly called LMP,

Lost and unaccounted for (LAUF or LUAF) gas

The difference between the quantity of natural gas

Manufactured gas

In the late 1700s and early 1800s, the beginnings

Mark-to-market (MTM)

The market-to-market (MTM) value of a portfolio of

Market affiliate rules

Both FERC and state utility commissions vigorously

Market-based rate

Market-based rates refers to prices charged by reg

Merchant generator

Merchant generators are electric generation entiti

Monopoly

A monopoly is a business situation in which a corp

Municipal utility/public utility district

In some areas, local governments provide electric

Net zero

The concept of net-zero means that a structure (a

Noncore customers

Noncore customers are customers considered to have

North American Electric Reliability Corporation (NERC)

System operators coordinate their actions through

North American Energy Standards Board (NAESB)

The North American Energy Standards Board (NAESB)

Nuclear Regulatory Commission (NRC)

The U.S. Nuclear Regulatory Commission (NRC) was c

Open access

Open access refers to regulatory rules that requir

Option

An option is a contract that provides a right, but