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Federal Energy Regulatory Commission (FERC)

An independent agency that regulates the interstate transmission of electricity, natural gas, and oil, overseeing wholesale electricity markets and licensing hydropower projects.

Interconnection procedures

The formal steps and rules that a new power plant or energy storage facility must follow to connect to the main electricity grid.

Transmission system

The network of high-voltage power lines and related equipment used to move large amounts of electricity over long distances, typically across state lines.

Generation project

A facility that produces or injects electricity into the grid, such as a solar farm, wind turbine array, or traditional power plant.

Energy storage project

Equipment designed to capture energy, store it for a period, and then release it, often using technologies like batteries, pumped hydropower, or compressed air.

Public utility

A company that provides essential services, such as electricity, water, or gas, to the public and is often regulated by the government.

Pro forma

A standardized or mẫu set of procedures or agreements used as a template, which can then be tailored to specific situations.