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.
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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 possesses responsibility for the generation, transmission, distribution and supply of electricity to the end user.
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Vertically Integrated Utility. MEANS AN INVESTOR-OWNED ELECTRIC UTILITY WHICH PROVIDES GENERATION, TRANSMISSION, AND DISTRIBUTION SERVICES PRIOR TO RETAIL ACCESS.
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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 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.
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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;

  • 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.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • 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.

  • 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).

  • 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.++

  • low voltage means the set of nominal voltage levels that are used for the distribution of electricity and whose upper limit is generally accepted to be an a.c. voltage of 1000V ( or a d.c. voltage of 1500 V). [SANS 1019]

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

  • Generator means a device that produces electricity.