Glossary
Key terms and definitions related to Developers.
Microgrid
A localized energy system that can operate independently from the main grid.
Islanding
The ability of a microgrid to disconnect from the main grid and operate independently.
Distributed Energy Resource (DER)
Small-scale energy generation or storage located near the point of consumption.
Battery Energy Storage System (BESS)
A system that stores electrical energy in batteries for later use.
EPC Contractor
Engineering, Procurement, and Construction firm that designs and builds energy projects.
Demand Response
Programs that incentivize consumers to reduce electricity usage during peak periods.
Power Purchase Agreement (PPA)
A long-term contract to buy electricity from a specific energy project at a set price.
Combined Heat and Power (CHP)
Simultaneous generation of electricity and useful thermal energy from a single fuel source.
Net Metering
A billing mechanism that credits solar energy system owners for excess electricity sent to the grid.
Microgrid Controller
The central intelligence system that manages and optimizes microgrid operations.
Resilience
The ability of an energy system to withstand and recover from disruptions.
Interconnection
The process of connecting a microgrid or distributed energy resource to the utility grid.