Vertically Integrated Utility definition

Vertically Integrated Utility means a utility that owns generation, includes such generation in its regulated rates, and earns a regulated return on its investment in such generation.
Vertically Integrated Utility means a company that provides a utility service for which the business structure is such that it controls every aspect of the supply chain related to the product or service it produces. A vertically integrated electric utility possess responsibility for the generation, transmission, distribution and delivery of electricity to the end user.
Vertically Integrated Utility means a utility that owns generation, includes such generation in its regulated rates, owns generation for the purpose of meeting its defined load obligation, has a monopoly franchise to serve load, and earns a regulated return on its investment in such generation.

Examples of Vertically Integrated Utility in a sentence

  • These two models for delivering power to retail customers are described as follows:The traditional model is the Vertically Integrated Utility, where various services are ‘bundled,’ meaning that all energy and energy delivery (transmission and distribution) services, as well as ancillary and retail services, are provided by one entity.

  • This is particularly true where a DSO is part of a Vertically Integrated Utility (VIU).

  • Consultation on Alternative Regulation trends for a Vertically Integrated Utility, 2016.

  • Prior to the incorporation of GNI in 2015, GNI and its wholly owned and controlled subsidiary GNI (UK) were previously associated with the state owned Vertically Integrated Utility (VIU) company Bord Gáis Éireann (BGÉ).

  • Maintaining ESB as a strong Vertically Integrated Utility (VIU) with Generation, Transmission, Distribution and Supply assets is in the national interest in relation to security of ourelectricity supplies.

  • Under the 1976 Gas Act, BGÉ was given sole responsibility for the purchasing, transmission, distribution and supply of natural gas in Ireland, and therefore operated as a Vertically Integrated Utility (VIU) company.Following the EU’s decision in 1988 to create an internal energy market, the structure of the Irish gas market has gradually evolved in accordance with the provisions contained within the EU energy packages.

  • Several electrical utilities and power firms in worldwide, modified the method they want to operate from Vertically Integrated Utility (VIU) to deregulated setting.

  • Provinces That Have a Vertically Integrated Utility StructureThe legislative and regulatory requirements to construct and operate provincial transmission facilities vary between provinces.

  • In the restructured power systems, the Vertically Integrated Utility (VIU) no longer exists.

  • Power systems in the US are operated in one of two distinct paradigms: as a Vertically Integrated Utility (VIU) or as an Independent System Operator / Regional Transmission Operator (ISO/RTO).


More Definitions of Vertically Integrated Utility

Vertically Integrated Utility. MEANS AN INVESTOR-OWNED ELECTRIC UTILITY WHICH PROVIDES GENERATION, TRANSMISSION, AND DISTRIBUTION SERVICES PRIOR TO RETAIL ACCESS.

Related to Vertically Integrated Utility

  • vertically integrated undertaking means an electricity undertaking or a group of electricity undertakings where the same person or the same persons are entitled, directly or indirectly, to exercise control, and where the undertaking or group of undertakings perform at least one of the functions of transmission or distribution, and at least one of the functions of generation or supply of electricity;

  • Trusted Systems include only the following methods of physical delivery: (1) hand-delivery by a person authorized to have access to the Confidential Information with written acknowledgement of receipt; (2) United States Postal Service (“USPS”) first class mail, or USPS delivery services that include Tracking, such as Certified Mail, Express Mail or Registered Mail; (3) commercial delivery services (e.g. FedEx, UPS, DHL) which offer tracking and receipt confirmation; and (4) the Washington State Campus mail system. For electronic transmission, the Washington State Governmental Network (SGN) is a Trusted System for communications within that Network.

  • Generating Unit means one or more generating equipment combinations typically consisting of prime mover(s), electric generator(s), electric transformer(s), steam generator(s) and air emission control devices.

  • High voltage bus means the electrical circuit, including the coupling system for charging the REESS that operates on a high voltage.

  • Integrated Digital Loop Carrier means a subscriber loop carrier system that is twenty-four (24) local Loop transmission paths combined into a 1.544 Mbps digital signal which integrates within the switch at a DS1 level.

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

  • Energy Use Intensity (EUI means the kBTUs (1,000 British Thermal Units) used per square foot of gross floor area.

  • high voltage means the classification of an electric component or circuit, if its working voltage is > 60 V and ≤ 1500 V DC or > 30 V and ≤ 1000 V AC root mean square (rms).

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Totally enclosed treatment facility means a facility for the treatment of hazardous waste which is directly connected to an industrial production process and which is constructed and operated in a manner which prevents the release of any hazardous waste or any constituent thereof into the environment during treatment. An example is a pipe in which waste acid is neutralized.

  • Electric generating unit means an individual electric generator and its associated plant and apparatus whose electrical output is capable of being separately identified and metered. Emergency Condition shall mean a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the CAISO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the CAISO Controlled Grid or the electric systems of others to which the CAISO Controlled Grid is directly connected; (3) that, in the case of the Participating TO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Participating TO’s Transmission System, Participating TO’s Interconnection Facilities, Distribution System, or the electric systems of others to which the Participating TO’s electric system is directly connected; or

  • Critical infrastructure means existing and proposed systems and assets, whether physical or virtual, the incapacity or destruction of which would negatively affect security, economic security, public health or safety, or any combination of those matters.++

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • Cannabis testing facility means an entity registered by

  • Combined sewer system means a system for conveying both sanitary sewage and storm water runoff.

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Generator means a device that produces electricity.

  • Beam axis means a line from the source through the centers of the x-ray fields.