A ABOITIZ POWER CORPORATION Glossary of Terms ...

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N A National Electriciation Administration or NEA National Grid Corporation of the Philippines or NGCP National Power Corporation or NPC ABOITIZ POWER CORPORATION Glossary of Terms, Abbreviations and Acronyms The government agency created under Presidential Decree No. 269, whose additional mandate includes preparing electric cooperatives in operating and competing under a deregulated electricity market, strengthening their technical capability, and enhancing their financial viability as electric utilities through improved regulatory policies The government corporation awarded with the concession for the operation and maintenance of the transmission assets of TRANSCO The government corporation created under RA No. 6395, as amended, whose generation assets, real estate, and other disposable assets, except for the assets of SPUG, and IPP contracts, shall be privatized, and whose transmission assets shall be transferred to the Power Sector Assets and Liabilities Management Corporation (PSALM) National Transmission Refers to the corporation that assumed the authority and responsibility of planning, maintaining, constructing, and centrally Corporation or TRANSCO operating the high-voltage transmission system, including the construction of grid interconnections and the provision of ancillary services Network Service Provider Under the WESM rules, a person who engages in the activity of owning, controlling, or operating a transmission or distribution system and who is registered with the market operator in that capacity NIA NIPAS NODAL Non-Technical Loss NWRB National Irrigation Authority National Integrated Protected Areas System Node-Voltage Analysis The component of system loss that is not related to the physical characteristics and functions of the electrical system, and is caused primarily by human error, whether intentional, or not National Water Resources Board O O&M Open Access Operations and Maintenance The system of allowing any qualified person the use of transmission and/or distribution system and associated facilities subject to the payment of transmission and/or distribution retail wheeling rates duly approved by the ERC P P/E Partial System Blackout PASUDECO PBR PEMC PEPOA Person PFRS Philippine Electrical Code or PEC Price-Earnings Ratio The condition when a part of the grid is isolated from the rest of the grid and all generation in that part of the grid has shutdown Pampanga Sugar Development Corporation Performance-based rate-setting regulation Philippine Electricity Market Corporation Private Electric Power Operators Association Means an individual, corporation, partnership, association, joint stock company, trust, any unincorporated organization, or a government or political subdivision thereof Philippine Financial Reporting Standards The electrical safety code that establishes basic materials quality and electrical work standards for the safe use of electricity for light, heat, power, communications, signaling, and for other purposes Philippine Energy Plan or The overall energy program formulated and updated yearly by the DOE and submitted to Congress pursuant to RA No. 7638 PEP Philippine Pesos or P The lawful currency of the Philippines PHILRECA Philippine Rural Electric Cooperatives Association, Inc. Power Development The indicative plan for managing electricity demand through energy-efficient programs and for the upgrading expansion, Program or PDP rehabilitation, repair and maintenance of power generation and transmission facilities Power Factor Power Quality The ratio of active power to apparent power The quality of the voltage, including its frequency and resulting current, that are measured in the grid, distribution System, or any user system
P A Power System PPA PSA PSALM PSE PSPA ABOITIZ POWER CORPORATION Glossary of Terms, Abbreviations and Acronyms The integrated system of transmission, distribution network and generating plant for the supply of electricity Power Purchase Agreement Power Supply Agreement Power Sector Assets and Liabilities Management Corporation Philippine Stock Exchange Power Supply and Purchase Agreement Q QMS Quality Management System or ISO 9000:2008 Qualified Generating A generating unit tested, certified and monitored by the system operator to provide specific types of ancillary services Unit QUIRELCO Quirino Electric Cooperative, Inc. R R&R RA Ramp Up Rate Reactive Energy Reactive Power Reactive Power Capability Curve Reactive Power Support Red Alert Reliability Rehabiliation and Refurbishment Republic Act Refers to the normal rate that a generating unit reduces its power output, expressed in MW per minute Measured in VARh, refers to the integral of the Reactive Power with respect to time Measured in VAR, refers to the component of electrical power representing the alternating exchange of stored energy (inductive or capacitive) between sources and loads or between two systems A diagram which shows the reactive power capability limit versus the real power within which a generating unit is expected to operate under normal conditions The injection or absorption of reactive power from generators to maintain transmission system voltages within ranges prescribed in the Grid Code An alert issued by the system operator when the grid contingency reserve is zero, a generation deficiency exists or there is critical loading or imminent overloading of transmission lines or equipment The probability that a system or component will perform a required task or mission for a specified time in a specified environment Renewable Energy Act or Refers to RA No. 9513, otherwise known as the Renewable Energy Act of 2008 RE Law Retail Rate Refers to the total price paid by end-users consisting of the charges for generation, transmission and related ancillary services, distribution, supply and other related charges for electric service Return on Assets or ROA The ratio of net profits after taxes to average total assets Return on Investment on The most common name given by analysts to return on assets ROI RMS Root-mean-square RORB Return-on-rate base rate setting system RPS Redeemable Preferred Shares RTD Under the WESM rules, refers to the Ex-Ante Dispatch RTX Under the WESM rules, refers to the Ex-Post Dispatch Rule Curve A diagram showing the minimum water level requirement in the reservoir at a specific time to meet particular needs for which the reservoir is designed Run-of-river Hydroelectric power plant that generates electricity from the natural flow and elevation drop of a river hydroelectric plant
Page 1 and 2: A A AEV, the Company, the Issuer, o
Page 3 and 4: D DMC DOLE DSRA A Distribution Mana
Page 5: K KA A Kiloampere ABOITIZ POWER COR
Page 9 and 10: T A Tapping Point TCIC TDD Team Phi

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