Electricity is the backbone of modernity and in that sense, it operates under a complex set of terms that delineate every step of its generation, distribution and consumption. Therefore, from Conecta, we want to show you a whole series of key concepts that govern this vital sector, providing an essential tool not only for professionals in the field but also for those seeking a deeper understanding of the operations in this field.
Glossary of key terms in the electrical sector
Main Technical Terms
High Voltage: refers to electrical voltage levels above 60,000 volts, typically used in transmission lines that cross long distances. Example: lines connecting power plants to substations.
Low Voltage: voltage levels of 1,000 volts or less, common in residential and commercial applications.
Medium Voltage: between 1,000 and 60,000 volts, used in urban and medium rural distribution.
Node: points in an electrical network where different components such as generators, consumers and transmission networks are connected. An example of a node is found in substations, which act as an interconnection point where high voltages are received from several generating plants and distributed at lower voltages.
Functions and actors in the electricity market
Market Agent: participants in the electricity market that include generators, distributors, and authorized transporters. At Conecta we have a clear representation of this concept.
Generator: entities that produce electricity, either from renewable or non-renewable sources.
Distributor: companies in charge of delivering electricity from substations to end consumers.
Transmission Company: owns and operates the high-voltage infrastructures necessary for large-scale power transmission. An example of this is Conecta with its power transmission projects.
Economic and legal aspects
Marginal Cost: cost of producing an additional unit of energy, crucial for the pricing strategy in the energy market.
Transmission Toll: fees that network users must pay to the transmission company for the use of the transmission infrastructure.
Regulation: regulations that ensure the efficient, fair and competitive operation of the electricity market. Thus, the National Electric Energy Commission (CNEE) regulates the Guatemalan electricity market, ensuring that the operations of generation, transmission, distribution and sale of electricity are carried out under a framework that promotes efficiency, safety and fair competition.
Easement: an encumbrance imposed on a property for the use of another property of a different owner or for public or communal utility. according to the civil code of Guatemala.
Mastering the technical terms of the electricity sector is more than an academic exercise; it is a necessity for those who operate, regulate or simply rely on the electricity grid in their daily lives. This glossary not only provides a basis for better understanding and dialogue about electric power in Guatemala, but also equips all stakeholders with the knowledge to navigate and thrive in such a dynamic market.
Source the terms: Standard Construction Unit Methodology And New Replacement Value For The Calculation Of Electric Power Transmission Tolls In Guatemala. Author: Javier Alejandro Coronado Fernández.
Metadescription: Learn the key terms of the electricity sector with our glossary, to better understand electric energy in Guatemala.