| Webster's Online Dictionary |
| Expressions | Definition | ||
| Independent Power Producer | An Independent Power Producer is a privately-owned power producer (power plant). Edenderry Power was the first I.P.P in Ireland, officially opened in 2000. (references) | ||
Source: compiled by the editor from various references; see credits. | Top | ||
| Expressions | Domain | Definition | |
| Independent power producer | Energy | 1: A company or individual that is not directly regulated as a utility. These entities produce power for their own use and/or sell it to regulated utilities. (references) | |
| 2: A corporation, person, agency, authority, or other legal entity or instrumentality that owns or operates facilities for the generation of electricity for use primarily by the public, and that is not an electric utility. (references) | |||
| 3: An Independent Power Producer (IPP) generates power that is purchased by an electric utility at wholesale prices. The utility then resells this power to end-use customers. Although IPPs generate power, they are not franchised utilities, government agencies or QFs. IPPs usually do not own transmission lines to transmit the power that they generate. (references) | |||
| 4: A power production facility that is not part of a regulated utility. (references) | |||
| Independent power producer (IPP) | Administration | Non-utility owned electric resources. A non-utility power generator that is not a regulated utility, government agency, or qualifying facility (QF) under the Public Utility Regulatory Policies Act of 1978 (PURPA). IPPs sell the power they generate in the wholesale market, typically to electric utilities. The terms of power purchase agreements between IPPs and power purchasers are subject to approval by the Federal Energy Regulatory Commission (FERC). (references) | |
| Independent power producer (IPP) | Energy | Any entity not regulated by the government as a public utility that owns or operates an electricity generating facility and offers electric power for sale to utilities and/or the public (also known as Non-Utility Generator). (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
