Units of Measurement
| energy | Energy is measured in kwh (kilowatt-hour) or in aMW in this paper. An aMW is the same as 8,760 mwhrs or 8,760,000 kwh. It is the energy generated by 1 MW of power operating over the 8,760 hours in a year. |
| price of energy | Energy prices are measured in mills/kwh or in $/mwh in this paper. There are 1,000 mills in a $, and 1,000 kwh in a mwh, so these prices are used interchangeably. |
| Aurora | Proprietary production simulation model used by the NPPC |
| CCCT | Combined Cycle Combustion Turbine |
| CEC | California Energy Commission |
| CEGB | Central Electricity Generating Board (in the UK) |
| CfD | Contracts for Differences (in the UK) |
| CTC | Competitive Transition Charge (in California) |
| LOLP | Loss Of Load Probability |
| IOU | Investor Owned Utility |
| IPP | Independent Power Producer |
| NGC | National Grid Company (in the UK) |
| NPPC | Northwest Power Planning Council |
| Px | Power Exchange (in California) |
| SMP | System Marginal Price |
| UK | United Kingdom |
| VLL | Value of Loss of Load |
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