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Trading arrangements

Trading arrangements define how business transacti

Transformer

A transformer is a device that changes the voltage

Transmission company

Transmission companies, or transcos, are independe

Transmission management system (TMS)

A transmission management system, commonly called

Transmission outage

Transmission outages can be caused by a variety of

Transmission owner (TO)

In markets where the system operations function ha

Transmission pipe

Transmission line pipe is typically 12 to 48 inche

Transmission rights

Transmission rights are used by generators and/or

Transmission substation

Transmission substations connect two or more trans

Transmission System Operator

A transmission system operator (TSO) is a stand-al

Turbine

A turbine is a machine in which the kinetic energy

U.S. energy flow

There are various sources of energy consumed in th

Unbundled service

Unbundled service happens when the distribution co

Upstream

The natural gas delivery chain comprises three sec

Utility distribution company (UDC)

A utility distribution company (UDC) is an electri

Utility regulation

Utility regulation exists to ensure that customers

Value at Risk (VAR)

Value at Risk, commonly called VAR, is a tool used

Valves

Valves are required along the gas delivery system

Vertically integrated monopoly utility electric market model

Under the vertically integrated monopoly utility m

Volt-ampere reactive (VAR)

A VAR is a unit of measurement of reactive power.