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Deregulation

A - D  E  F  G  H  I - L  M - P   Q - T  U - X  Y - Z

E

EBT

Electronic Business Transaction.

EEMA

Electric Energy Marketing Agency (Alberta).

Electric Energy

Measured in Watt and commonly expressed in:
  • KiloWatt-hours
  • MegaWatt -hours
  • GigaWatt -hours

ENC

Energize Notification Completion.

End Read Date Time

The end date and time for the reading. The standard format has been defined as: YYYYMMDDHHMISS.

Energized Site

A connected site that is currently consuming power.

Energy Breakdown Chart

The Energy Breakdown chart segregates the settled energy into the base components. Usage represents that energy consumed (metered). Loss and UFE are non-consumption (settled) components. The percentage of Loss and UFE relative to total energy depends on the make-up of your load. TA and Direct connect sites are not allocated  Loss or UFE. Large industrial loads are allocated approximately 1% Loss and small oil field loads are allocated approximately 6-7% Loss.  The average Loss for FORTIS and ATCO is about 3.8%. UFE is allocated equally to all load types at the hourly Zone UFE percent. Zone UFE varies between -2% and +2%, depending on Zone. Refer to Benchmark Reports for Loss and UFE statistics.

Energy Charge

Cost of consumption of actual energy used.

Energy Charge Adjustment

Adjustment to RISS energy charge to balance to the Power Pool statement. Differences are allocated based on relative consumption.

Energy Contract

The contract negotiated between the retailer and customer which includes the type of hedge being purchased, block size (MWh) and what what cost. There are two types of Energy Contracts: map and third party. An Energy Contract is a pre-purchased load at a fixed price bought either directly from the Pool or from a third party.Map contracts are managed by the Power Pool. Any contracts not managed by the Power Pool are referred to as Third Party Contracts. Third party contract charges do not appear on the Power Pool invoice.

ENF

Energize Notification Failure. This is a transaction sent from the wire owner to the retailer notifying them that the site could not be energized for a particular reason.

ENR

Energize Notification Request. This is a transaction send from the retailer to the wire owner request a site be energized.

EPSS

Electrical Power Supervision System.

Estimate (kwh)

Where gaps exist, or where DCMs do not cover the entire billing period, an estimation is done to calculate the hourly consumption. The RISS estimate is compared to the LSAs WSI hourly consumption and differences are allocated to sites based on their consumption. In general DIM hourly settlements are not adjusted, only DCM and estimated settlements are adjusted. This process is undertaken for each hour. Losses are allocated to sites based on their hourly consumption. Direct connect sites are not allocated losses. Once the estimation of consumption is complete it will match the LSAs WSI transaction.

Estimation Methodology

Reference code to estimation methodology used by the LSA to create consumption estimates for this site.  U - Usage Factor  A - Average Daily Usage.

EUA

Electric Utilities Act, governing the electricity industry in Alberta.

EUB

Alberta Energy and Utilities Board - a regulatory body with the responsibility to oversee the economic, orderly and efficient development and operation, in the public interest, of hydro energy and the generation and transmission of electric energy in Alberta.

Exception

When an error requiring special attention has occurred. To raise an exception means the act of detection of the problem and flagging the problem for remediation whether by automated or human means.

F

FERC

The Federal Energy Regulatory Commission, the federal energy regulatory agency in the United States.

Final Adjustment Charge

Final adjustment charge is the cost difference between Interim and Final settlement. Final settlement occurs 7 months after the month of consumption.

Final Settlement Run

The Final Settlement Run is seven months after the initial.

Force Majeure

A suspension of the energy market by the system controller pursuant to the rules of the Power Pool, as amended, restated or replaced from time to time.

Forward Contract

A Forward Contract is the portion of the monthly consumption that is based on a prepurchased fixed price.

Forward Contract Charge

Allocated Forward Contract charges for energy.

G

Generating Unit

The component of a power plant that produces, from any source, electric energy and ancillary services, and includes facilities that are necessary for the safe, reliable and economic operation of the generating unit.

Generation (MWh)

The process by which thermal, mechanical, chemical or nuclear energy is converted into electrical energy, using an energy source, which may include natural gas, coal, nuclear fuel, wind, water (hydroelectric), biomass (waste products), solar heat, or any other means of converting basic energy contained in an energy source to electric energy.

Generator

The producer of electric energy.

Giga

One billion.

GigaJoule (GJ)

One billion Joules or a thousand Mega Joules.

GigaJoule (GJ)

One billion Joules or a thousand Mega Joules.

GigaWatt

A measure of capacity equal to one million kilowatts or one billion Watts.

GigaWatt - hours

Equivalent to 1 million Kilowatts or one billion Watts supplied, produced or used for one hour.

global

A global settlement system is one that handles all Customers (site Ids) the same way, regardless of whether they switch from the default or regulated rate provider.

GRA

General Rate Application. An application made by an investor owned utility to the EUB in seeking to change its electricity rates. Sometimes called GTA or General Tariff Application.

GRID

A network of electric energy transmission lines and connections.

GXP

Grid Exit Point. This method is also referred to as the system residual profile, or the net system load shape (NSLS). The shape of the total load at the point of distribution, minus the (possibly loss-adjusted) total of interval-metered loads, is taken as the load profile for all Customers within the point of delivery (POD). The method can also be applied at the distribution system or load isolation zone level rather than at individual distribution points.

GST

Federal Goods and Services Tax./td>

H

Heat Rate

A measure of electric energy system efficiency; the amount of natural gas required to generate one MegaWatt-hour of electric energy.

Hedging

The practice of speculating on the price for a future commodity to avoid exposure to the risk of unacceptably large variations in real time price movements. There is usually a price to be paid for purchasing a future commodity at a negotiated / market price; the price charged for the commodity commonly includes an extra charge to protect the seller against the risk of losing money through selling a commodity that he may have to purchase in the future at a price that is possibly higher than the price at which he contracts to provide it for.

Hertz (Hz)

The unit of frequency for alternating current. Formerly called cycles per second. The standard frequency for power supply in North America is 60 Hz.

Hierarchical Tree

All Report windows display a hierarchical tree on the left. The tree is dynamically built based on your companys data. The tree can be expanded and collapsed by clicking on the plus or minus signs. The hierarchical tree is where you choose what data or nodes you want to include in the report. You choose a node by clicking in the box beside it. Selection of a higher-level node will select all the nodes underneath it.

Horse Power

Unit of power equal to 746 Watts.

Hour ending (HE)

Hour Ending or "HE" means the 60 minute period ending that hour. For example, HE 24 includes the time between 23:00 and 24:00.