Acronyms Flashcards
CGB
CT Green Bank
DECD
Department of Economic and Community Development
TPO
Third-party owner, operator of BESS through lease or PPA
Islanding
Ability of BESS to provide back-up power during outrage
LOI
Letter of Intent: preliminary commitment of customer to install BESS with a TPO
DCM
Demand Charge Mngmt: fees (on monthly energy bill) charged to C&I customers based on their peak consumption; could be nearly half of their electricity bill
DOD
Depth of Discharge: percent of total battery capacity; amount of energy that can be cycled in and out of batter. eg: 100% means you charge it all the way up to 100% then discharge to 0%, which decreases life cycle of battery.
Microgrid
smaller scale grids compared to national grids. Sometimes a community, a plant, or factory. This includes a diesel/fossil fuel generator
PPA
Power Purchase Agreement: between ESS owner and installer/originator/developer
DR
Demand Response
DRAM
Demand Response Auction Mechanism
EOS
Energy Operating System
ICF
Incremental Cash Flow (in price forecasting): the potential increase or decrease in a company’s cash flow related to the acceptance of a new project or investment in a new asset.
IPP
Independent Power Producer
IOU
Investor-owned utilities, eg: PG&E