65- 407 C.M.R. ch. 307, § 1

Current through 2024-25, June 19, 2024

Section 407-307-1 - DEFINITIONS

A. Capacity and Energy. "Capacity and Energy" means the output from generation assets and includes any ancillary services (e.g., spinning reserve) which may be available from generation assets and generation-related business activities subject to this rule.

B. Facility. "Facility" means any specific facility which delivers capacity or energy to a utility under contract, or deliveries from the market in cases where the seller has the option to provide deliveries either from a specific facility or from the market.

C. Generation Assets. "Generation assets" means all real estate, fixtures and personal property owned, controlled, operated or managed in connection with, or to facilitate, the generation of electric power.

D. Utility. "Utility" means either an investor-owned electric utility or an investor-owned transmission and distribution utility, or both, depending on the context, including the date of a required event.

65- 407 C.M.R. ch. 307, § 1