Acronyms Flashcards
(21 cards)
CGB
CT Green Bank
DECD
Department of Economic and Community Development
TPO
Third-party owner, operator of BESS through lease or PPA
Islanding
Ability of BESS to provide back-up power during outrage
LOI
Letter of Intent: preliminary commitment of customer to install BESS with a TPO
DCM
Demand Charge Mngmt: fees (on monthly energy bill) charged to C&I customers based on their peak consumption; could be nearly half of their electricity bill
DOD
Depth of Discharge: percent of total battery capacity; amount of energy that can be cycled in and out of batter. eg: 100% means you charge it all the way up to 100% then discharge to 0%, which decreases life cycle of battery.
Microgrid
smaller scale grids compared to national grids. Sometimes a community, a plant, or factory. This includes a diesel/fossil fuel generator
PPA
Power Purchase Agreement: between ESS owner and installer/originator/developer
DR
Demand Response
DRAM
Demand Response Auction Mechanism
EOS
Energy Operating System
ICF
Incremental Cash Flow (in price forecasting): the potential increase or decrease in a company’s cash flow related to the acceptance of a new project or investment in a new asset.
IPP
Independent Power Producer
IOU
Investor-owned utilities, eg: PG&E
RTM
realtime market
SAT
site acceptance testing
TOU
Time of Use: a method of measuring and charging a utility customer’s energy consumption based on when the energy is used. Utility companies charge more during the time of day when electricity use is higher. TOU rates vary by region and utility.
Building Load
amount of electricity used by a building.
Connected Solution:
* Based on __ energy consumption during ___ compared to __ (discharge during CS hours on non-event days will * decrease baseline and thereby decrease potential revenue from this program)
* No penalty if eventday load exceeds baseline load during CS hours
decreasing, event days, baseline load
* Basically if one uses less electricity during low-demand hours it will decrease the baseline
* no penalty if you end up using more than usual during CS hours, the program is focused on encouraging saving not higher use