Energy Market terms starting with L

13 terms

  1. Liquefied natural gas (LNG) Reducing the temperature of natural gas to -259 degrees Fahrenheit at atmospheric pressure will convert the gas into a liquid, with a volume about 1/600…
  2. Load Commissions charged on the purchase or sale of mutual fund units.
  3. Load control The process of managing demand requirements in order to achieve a desired load pattern.
  4. Load factor The ratio of average energy demand (load) to maximum demand (peak load) during a specific period.
  5. Load pocket An area often dependent on transmission for reliable electric system operation because the area’s load often exceeds the generation in the area.
  6. Load Shedding Turning off or disconnecting loads to limit peak demand.
  7. Load-serving entity (LSE) Any entity, including a load aggregator or power marketer, that serves end-users within a control area and has been granted the authority or has an…
  8. Local distribution company (LDC) Any firm, other than a natural gas pipeline, engaged in the transportation or local distribution of natural gas and its sale to customers that will…
  9. Locational installed capacity Installed capacity in a specific location (e.g., New York City), rather than in a broader area (e.g., anywhere in New York State).
  10. Locational marginal price The market-clearing price for electricity at the location the energy is delivered or received.
  11. long A term signifying ownership of securities. "I am long 100 XYZ," means that the speaker owns 100 shares of XYZ.
  12. Loop flow Unintended or unscheduled flow of electricity through a line or system.
  13. Losses Energy (kilowatt-hours) and power (kilowatts) lost in the operation of an electric system, principally as waste heat in electrical conductors and…