Key market and system concepts relevant to the operation of conventional, transforming and future power systems.
A proposed operating paradigm for electric systems where a very significant proportion of generation is served by Variable Renewable Energy (VRE) and Distributed Energy Resources
The temporal phase alignment of an Alternating Current (AC) device to the Power System, enabling it to be safely connected to the Grid.
The is responsible for maintaining the System Security and Reliability of a Power System, in an economically efficient manner, and compliant with the energy objectives
The commitment to and process of starting a Generating Plant and its effective Synchronisation with the Power System.
The process of providing Electric Products to several vertical Tiers/Layers of the Power System (e.g. Bulk Power System, Transmission Network, Distribution Network, etc) for the
The degree to which information on Energy Resource characteristics and operational information is available to the Market/System Operator (MSO), Distribution System Operator (DSO), and other
A primary market where Electricity is bought and sold in large quantities, via transactions between producers (Generators) and buyers (such as Energy Retailers and large