RS 30:1501: Definitions

As used in this Chapter, the following terms shall have the meanings ascribed to them in this Section, unless context clearly indicates a different meaning:

(1) "Affordable" shall mean the lowest reasonable cost method of providing electricity is used, factoring in the true and total cost of each generation source.

(2) "Dispatchable" shall mean a source of electricity that is readily available for use on demand and whose output can be deployed upon request of a power grid operator or one whose power output can be adjusted according to market needs, except during routine maintenance or repairs.

(3) "Foreign adversary nation" shall mean any country specified in 10 U.S.C. 4872(f)(2).

(4) "Reliable" shall mean a source of electricity that contributes to the stability, adequacy, and operability of the power generation asset, accounting for the resource's design role, responsiveness to dispatch, contribution to voltage or frequency regulation, and ability to perform during grid stress events. Reliability shall not be defined solely by availability or forced outage metrics, but rather by a resource's capacity to fulfill its intended operational function within the portfolio, including both baseload and flexible, fast-ramping assets.