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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