Glossary of energy terms
- battery storage
- photovoltaics
- low-carbon economy
- renewable energy
- carbon dioxide (CO2)
- greenhouse gases
- solar surpluses
- carbon neutrality
- hydropower
- electrification system
- alternator
- transmission system
- distribution system
- local distribution system (LDS)
- settlement entity
- system deviation
- regulation electricity (RE)
- settlement price of deviation
- counter-deviation
- certified ancillary service
- non-certified ancillary service
- flexibility (demand side response)
- aggregator of flexibility
- production point
- delivery point
- smart-metering
- sub-metering
- regulated energy consumer
- unregulated energy consumer
- balance group
- deviation of the settlement entity
- daily diagram
- deviation of the delivery point
- reactive power
- maximum reserved capacity (MRC)
- reserved capacity (RC)
- measurement and regulation (MaR)
- uninterruptible power supply (UPS)
- backup power source
- battery management system (BMS)
- main disconnecting point (HRM)
- LiFePO4 Batteries
- Li-Ion Batteries
- converter
- FUERGY power merger
- FUERGY control unit
- switchboard
- solar panels
- thermal panels
- diagram of electricity consumption
- regulation potential of the delivery point
- ADCS terminal
- CO2e
flexibility (demand side response)
flexibility describes the increasing or decreasing of power output of operating technologies and energy sources and/or shifting the electricity consumption of the delivery point through battery storage in real time in order to reduce the load on the transmission system. Flexibility helps to balance peaks (peak shaving) and shift the load (load shifting) of the transmission system and results in additional income for the delivery point from the provision of Non-certified Ancillary Services. Flexibility plays an important role in the transition to low-carbon energy by including a higher share of renewable energy sources.
SOURCE https://www.nationalgrideso.com