Power Systems Definitions

Definitions for commonly used Power Systems terms in this documentation. If there is a term that you believe should be added ehre, please post an issue on the github page.

• LMP: Location Maringal Price
• MLC*: Marginal Loss Charge

• MCC: Marginal Congestion Charge

• ISO: Independent System Operator

• RTO: Regional Transmission Operator
• CAISO: California ISO
• NEISO: New England ISO
• NYISO: New York ISO
• MISO: Midcontinent ISO
• SWPP: South West Power Pool
• PJM: ISO/RTO originally representating Pensylvania, New Jersey, and Maryland, but now covers many more states.