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A ABOITIZ POWER CORPORATION Glossary of Terms ...

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D<br />

DMC<br />

DOLE<br />

DSRA<br />

A<br />

Distribution Management Committee<br />

Department <strong>of</strong> Labor and Employment<br />

Debt Service Reserve Account<br />

<strong>ABOITIZ</strong> <strong>POWER</strong> <strong>CORPORATION</strong><br />

<strong>Glossary</strong> <strong>of</strong> <strong>Terms</strong>, Abbreviations and Acronyms<br />

E<br />

EBIT<br />

Earnings Before Interest and Taxes<br />

EBITDA<br />

ECA<br />

ECC<br />

EIA<br />

EIS<br />

Electric Cooperative<br />

Embedded Generating<br />

Plant<br />

Embedded Generating<br />

Unit<br />

Energy Regulation<br />

Commission<br />

Earnings Before Interest, Taxes, Depreciation & Amortization<br />

Energy Conversion Agreement<br />

Environmental Compliance Certificate<br />

Environmental Impact Assessment<br />

Environmental Impact Statement<br />

A cooperative or corporation authorized to provide electric services pursuant to Presidential Decree No. 269, as amended, and RA<br />

No. 6938 within the framework <strong>of</strong> the national rural electrification plan<br />

A generating plant that is connected to a distribution system or the system <strong>of</strong> any user and has no direct connection to the grid<br />

A generating unit within an embedded generating plant<br />

The independent, quasi-judicial regulatory body created pursuant to RA No. 9136, which is mandated to promote competition,<br />

encourage market development, ensure customer choice, and penalize abuse <strong>of</strong> market power in the restructured electricity<br />

industry and among other functions, promulgate and enforce the Philippine Grid Code and the Philippine Distribution Code<br />

Enerzone Companies<br />

EPIRA<br />

EPSA<br />

ERM<br />

Ex-Ante<br />

Ex-Ante Dispatch<br />

Ex-Post<br />

A term collectively referring to BEZ, MEZ and SEZ - the AboitizPower's Distribution Utilities operating within special economic zones<br />

RA No. 9136, otherwise known as the "Electric Power Industry Reform Act <strong>of</strong> 2001," as amended from time to time, and including<br />

the rules and regulations issued thereunder<br />

Electric Power Supply Agreement<br />

Enterprise Risk Management<br />

A matter determined in relation to a trading interval before that trading interval commences<br />

Under the WESM rules, the dispatch targets set for the end <strong>of</strong> a trading interval , immediately preceding the beginning <strong>of</strong> that<br />

trading interval<br />

Under the WESM rules, a matter determined in relation to a trading interval after that trading interval concludes<br />

F<br />

Fast Start<br />

FiT<br />

Forced Outage<br />

Franchise Area<br />

Frequency Regulating<br />

Reserve<br />

The capability <strong>of</strong> a generating unit or generating plant to start and synchronize with the grid within 15 minutes<br />

Feed-in Tariff<br />

An outage that results from emergency conditions directly associated with a component requiring that it be taken out <strong>of</strong> service<br />

immediately, either automatically or as soon as switching operations can be performed<br />

A geographical area exclusively assigned or granted to distribution utility for distribution <strong>of</strong> electricity<br />

Refers to the generating capacity from qualified generating units allocated to cover intra-hour variations in demand, deviations from<br />

generation schedules and hourly forecast errors

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