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.

  • The electric power system has over the years been dominated by large utilities that had an overall activities in generation, transmission and distribution of power, its domain of operation is known as "Vertically Integrated Utility (VIU).

  • 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.

  • In the restructured power systems, the Vertically Integrated Utility (VIU) no longer exists.

  • 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.

  • Provinces That Have a Vertically Integrated Utility StructureThe legislative and regulatory requirements to construct and operate provincial transmission facilities vary between prov- inces.

  • 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).

  • The main electric power business at present is largely in the hands of Vertically Integrated Utility (VIU).

  • Gifts of closely held securities (i.e., those that are not publicly traded and are held by only a few shareholders) are subject to prior approval of the President and CEO.

  • For purposes of this calculation, any proceeds not in the form of cash shall be valued at their fair market value (as determined by the Corporation's Board of Directors acting in good faith), on the date received by the Corporation or its shareholders, debtholders or security holders.


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

  • 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 set of nominal voltage levels that are used in power systems for bulk transmission of electricity in the range of 44kV<Un 220 kV. [ SANS 1019];

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • fire hydrant means a fire plug or fixed pillar fire hydrant;

  • energy infrastructure means any physical equipment or facility which is located within the Union or linking the Union to one or more third countries and falling under the following categories:

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