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INDEX 279<br />

Deficit 60<br />

Delivery 64<br />

Conditional 37<br />

Physical 36<br />

Unconditional 37<br />

Demand<br />

Curve See Demand, function<br />

Cyclical variations 50, 85, 213–217<br />

Function 13–15, 19, 22–4, 43 56–8, 74,<br />

95, 99, 218, 229; See also Demand,<br />

inverse function<br />

Inverse function 13–15, 21, 92, 98<br />

Of individual consumer 12<br />

Peak 50, 75, 76, 217, 219, 222, 232<br />

Shifting 75<br />

Side 58, 60, 119–20, 156, 188, 221, 262<br />

Deregulation 2, 227<br />

Dispatch<br />

Constrained 161–5, 169, 170, 174, 188,<br />

227<br />

Economic 157, 160, 162, 173, 224<br />

Merit order See Dispatch, Economic<br />

Optimal 81; See also Dispatch, economic<br />

Unconstrained See Dispatch, Economic<br />

Distribution<br />

Company 3, 4–6<br />

Network 2–3, 5, 6, 8, 49, 114, 176, 232<br />

Of Electricity 1, 4, 5, 8, 43<br />

Diversification 36–37<br />

Downtime<br />

Minimum 87, 135<br />

Duopoly 41–2<br />

Efficiency<br />

Computational 136, 188<br />

Economic 3, 8, 24, 40, 51–2, 56, 119,<br />

129, 142, 148, 155, 175, 218–20<br />

Gains 2<br />

Maximum 30<br />

Of generation 50, 99–100, 118,121, 127,<br />

153, 209, 213–16<br />

Of investment 227–8<br />

Of market 39, 52–3, 178, 214–15<br />

Of operation 1, 2, 8, 30, 91, 118, 171,<br />

228–9<br />

Of pricing 59, 227<br />

Pareto 22–4<br />

Elasticity<br />

Cross- 17<br />

Of demand 16–17, 42, 50,73, 92, 149,<br />

175, 218, 219<br />

Of supply 18–21<br />

Elbow point 188<br />

Emissions 87<br />

Exchange See Power, exchange<br />

Exercise fee 60, 131<br />

Failure rate See Outage, rate<br />

Feasibility<br />

Simultaneous 195<br />

Flow<br />

Counter-intuitive 169–70<br />

Flowgate 197–9<br />

Forecast 8, 33, 229, 230–1, 246<br />

Demand 34, 51, 56–9, 60, 61–2, 75–6,<br />

85, 108<br />

Error 60, 76–9<br />

Load See Forecast, demand<br />

Price 85, 97, 99, 206<br />

Weather 34, 63–4<br />

Free rider 222<br />

Frequency<br />

Deviation 107–111<br />

Regulation 88, 108, 118–20, 136<br />

Response 64, 110<br />

Fuel 27, 29, 80–1, 131, 206–16,<br />

229<br />

Game Theory 91<br />

Gas 17, 49–50<br />

Supply 2<br />

Turbine 85, 209–213<br />

Gate closure 61, 65, 110<br />

Generating unit<br />

Peaking 218, 220<br />

Generation<br />

Adequacy 221<br />

Automatic control 108<br />

Company 3, 5–6, 8, 29, 51, 55, 64, 73,<br />

79–80, 97–8, 113, 130, 205, 214,<br />

217–21<br />

Distributed 262<br />

Flexible 51, 63<br />

Hydro-electric 87–8, 99, 101, 117, 206,<br />

217, 219–21<br />

Minimum stable 81<br />

Optimal 87<br />

Renewable 99, 120<br />

Generator<br />

Diesel 85, 117<br />

Disconnection See Outage, generating unit<br />

Emergency 101<br />

Failure See Outage, generating unit<br />

Flexible 51, 63, 120<br />

Nuclear 99, 118<br />

Outage See Outage, generating unit<br />

Pumped hydro 99–101<br />

Reactive capability 114<br />

Thermal 85, 117<br />

Governor 108, 118<br />

Heat rate 206–16<br />

Hedging 39, 141, 193, 198, 223

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