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The plant was the result of a rule change in New York State that required investor-owned utilities to competitively solicit bids on new power generation to lower costs. In 1990, the Long Island Lighting Company (LILCO) requested bids to provide 150 MW of power that would be available by 1994, the second such competition in New York. [ 9 ]
The Utility Debt Securitization Authority is a separate New York State public-benefit corporation run by a governor-appointed board of trustees that is responsible for LIPA's financial reporting. [ 26 ] [ 27 ] In 2017, it had operating expenses of $122.2 million, an outstanding debt of $4.262 billion, and a level of staffing of 3 people.
A balancing authority (BA) is an entity in the US electric system (as well as in parts of Canada and Mexico) that is responsible for grid balancing: resource planning and unit commitment ahead of time, maintenance of the load-interchange-generation balance within a balancing authority area (also known as a control area) and support for real-time load-frequency control. [1]
Some of the loads will tip the scales at 900,000 pounds, 19 feet wide, 24 feet high, and 270 feet long. Each oversized and overweight load will take approximately 8-15 days to reach its destination.
Since electrical energy is a form of energy that cannot be effectively stored in bulk, it must be generated, distributed, and consumed immediately. When the load on a system approaches the maximum generating capacity, network operators must either find additional supplies of energy or find ways to curtail the load, hence load management.
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"We are fully cooperating with the Guardia di Finanza and the Italian competition authority who visited our offices in Italy yesterday," a Booking.com spokesperson said.
Load serving entity (LSE) in a deregulated electricity market is a company or government agency that is obligated by law or via a long-term contract to provide electrical power to end-users. The term is used in regulation, yet is vague and thus subject to prolonged political wrangling. [ 1 ]