Glossary

Glossary

A

The use of the electric power Distribution Systems, by Agents and users, in exchange for the payment of fees for the use of the grid and the corresponding connection charges. (Source: Reses. CREG 091-2007; Art. 2)
Derivación de la red local del servicio respectivo que llega hasta el registro de corte del inmueble. En edificios de propiedad horizontal o condominios, la acometida llega hasta el registro de corte general. (Fuente: Reses. CREG 108-1997; Art. 1)
Any derivation from the local grid or from another service drop of the corresponding service made without authorization of the service provider. (Source: Res. CREG 108-1997; Art. 1)
Motor Fuel Oil corresponding to Diesel Fuel Oil No. 2D and is referenced by ASTM D 975 and NTC 1438 standards. (Source: Res. CREG 091-2007; Art. 2)
Motor Fuel Oil corresponding to Diesel Fuel Oil No. 2D and is referenced by ASTM D 975 and NTC 1438 standards. (Source: Res. CREG 091-2007; Art. 2)
Activity consisting of the commercial intermediation between the agents that provide generation, transmission and distribution services of electricity and the end users of such services, whether or not such activity is developed in combination with other activities of the electric power sector, as provided by regulation and law. (Source: Res. CREG 121-2007; Art. 2)
Those assets required for a generator, a user, or another transporter to physically connect to the National Transmission System, a Regional Transmission System, or a Local Distribution System. As long as these assets are used exclusively by the generator or by the connected user or transporter or by a group of connected deregulated users or transporters, they will not be considered part of the respective System. (Source: Res. CREG 063-2000; Art. 1)
These are assets required for a generator, Grid Operator, or one or several end users to physically connect to a Regional Transmission System or a Local Distribution System. (Source: Res. CREG 082-2002; Art. 1)
These are assets required for a generator, a grid operator, or an end user to physically connect to the National Transmission System or a Regional Transmission System and are remunerated through connection charges. As long as these assets are used exclusively by the generator or by the connected user or Grid Operator, they will not be considered part of the respective System. (Source: Res. CREG 004-2003; Art. 3)
These consist of the transmission grids operating at voltages lower than 1 kV and the transformers with secondary voltage lower than 1 kV that feed them, including the associated protections, and switching equipment, not including those that are part of internal installations. These assets are considered use assets. (Source: Res. CREG 097-2008; Art 1)
They are the electricity transmission assets that operate at voltages lower than 220 kV, are classified in Constructive Units, are not Connection Assets, and are remunerated through Regional Transmission System or Local Distribution System Usage Charges. (Source: Res. CREG 008-2003; Art. 1)
They are the electricity transmission assets that operate at voltages equal to or higher than 220 kV and are remunerated through National Transmission System Usage Charges. (Source: Res. CREG-008-2003; Art. 1)
These are the electrical assets that are part of a system permanently used in the electric power distribution activity, including those that are normally open. Normally open systems are understood as those that are available to enter into service immediately when required. (Source: Res. CREG 097- 2008; Art 1)
These are assets that are not part of the Grid Operator’s electric power transmission infrastructure but are required to comply with its corporate purpose. These assets include, among others, the following: buildings (administrative headquarters, warehouses, workshops, etc.), machinery and equipment (cranes, vehicles, tools, etc.), computer and communications equipment. (Source: Res. CREG – 097- 2008; Art 1)
Agreement means any contract, pact, arrangement, combination, decision, recommendation, coordination, agreed or consciously parallel practice, between two or more agents. (Source. R. CREG-093-2006; Art. 1)
Commercial agreements entered into between two Agents, aimed at addressing Imbalances. (Source. Res. CREG-071-1999; Chap. I. Item 1.1)
“Operational Balancing Agreement entered into between the Producer-Seller and the Transporter or between transporters. (Source. R. CREG-071-1999; Chap. I. Item 1.1)”
Bilateral commitments adopted by the Commercial Exchanges System Administrator (ASIC), or whoever takes its place, and each one of the administrators of the electricity systems of the member countries of the Andean Community, or of the countries with which there is an integration of electricity markets under the terms of this Resolution, whereby the procedures, conditions, obligations and responsibilities for the settlement, billing and management of accounts of intra-community electricity exchanges are established, in accordance with the regulations in force. (Source: Res. CREG-004-2003; Art. 3)
Bilateral commitments adopted by the National Dispatch Center, or whoever takes its place, and each of the operators of the electricity systems of the member countries of the Andean Community, or of the countries with which there is an integration of electricity markets under the terms of this Resolution, whereby the procedures, conditions, obligations and responsibilities for the operation of the International Connections and the intra-community exchanges of electricity are established, in accordance with the regulations in force. (Source: Res. CREG-004-2003; Art. 3)

A unit of the National Dispatch Center under Acts 142 and 143 of 1994, in charge of the registration of commercial borders, long-term energy agreements; the settlement, billing, collection and payment of the value of acts, contracts, transactions and in general any obligation resulting from the trade of electricity in the power exchange, for generators and sellers; of the Firm Energy Obligation Auctions; of the maintenance of the required information systems and computer programs; and of the fulfillment of the other tasks that are necessary for the adequate operation of the Commercial Exchanges System (SIC). (Source: Res. CREG-071-2006; Art. 2)

Automatic Generation Control
The company registered with the Commercial Exchanges System Administrator that carries out the trade of energy. (Source: Res. CREG-024-1995; Art. 1)
Any of the persons referred to in Article 7 of Act 143 of 1994. Deregulated users are included in this category. (Source: Res. CREG-067-1998; Art. 1)
The company registered with the Commercial Exchanges System Administrator that carries out the electricity generation activity. (Source: Res. CREG-024-1995; Art. 1)
Companies that have only New Generation Plants and/or Units and that neither they nor their shareholders or partners have, at the time of the Auction, any shareholding interest in generation companies that operate in the National Interconnected System. (Source: Res. CREG-014- 2007; Art. 1)
Individuals or business entities parties to the technical and/or commercial relations of purchase, sale, supply, and transportation of natural gas, starting from production, passing through the Transportation Systems, until reaching the exit point of a user. Agents are producers-sellers, sellers, transporters, distributors, deregulated users and storers. (Source. R. CREG-001-2000; Art. 2)
Bills corresponding to periods that have already been billed at least once by the Commercial Exchanges System Administrator (ASIC) or the Account Liquidator and Manager (LAC). (Source: Res. CREG-084-2007; Art. 1)
Each period of 365 calendar days or 366 calendar days on leap years. The years will be counted successively and will always have as first and last day the same day of the month in which the Term began. (Source: Res. CREG-160- 2008; Art. 2 – R. CREG- 161 – 2008; Art. 2).
For purposes of the application of CREG Resolution 071 of 2006, it is the twelve-month period counted from December 1 to the following November 30, which is part of or overlaps with the Term of the Obligation. (Source: Res. CREG-061-2007; Annex, Article 2)
Twelve-month period from December 1 to the following November 30, which is part of the GPPS Period. (Source: Res. CREG – 057- 2008; Art 1)
Period from January 1 to December 31 of a given calendar year. (Source: Res. CREG-081-2007; Chapter I)
American National Standards Institute.
El apalancamiento financiero está relacionado con la utilización de la deuda en la estructura de financiamiento de la empresa. (Fuente: Res. CREG-038-1996; Art. 1)
Operating leverage is related to the participation of fixed costs in the company’s cost structure. (Source: Res. CREG-038-1996; Art. 1)
An alternative dispute resolution mechanism in which jurisdictional functions are exercised. (Source: Res. CREG-067-1998; Art. 1)
For the purposes of this resolution, they are all those locations and places that are actually or potentially served by a gas pipeline. (Source. R. CREG-071-1998; Art. 2)
The geographic area corresponding to the municipalities, municipal seats, and populated centers over which the competent authority grants exclusivity in the rendering of the service through contracts. (Source: Res. CREG-091-2007; Art. 2 – R. CREG- 160 – 2008; Art. 2)
Set of Use Assets and Connection Assets, generation and/or demand resources, which in order to ensure quality and safety levels in more than one Operating Sub-area have some Restriction, which requires forced generation in the Area and/or limits the exchanges with the rest of the National Interconnected System (SIN). The areas must have assets of the SIN not associated with any of the Sub-areas contained in the area. (Source: Res. CREG-063-2000; Art. 1)
An operating area comprises a set of substations, generation and demand resources that present some electrical restriction that limit exchanges with the rest of the system. The National Interconnected System (SIN) Technical Parameters Document lists the operating areas that make up the SIN. The National Dispatch Center (CND) recommends, for the National Operation Council’s (CNO) approval, modifications to the operating areas, when necessary, according to changes in the configuration of the SIN. (Source: Res. CREG-025-1995; Annex)
The urban area of the municipalities, police inspections, towns and urban settlements included within an exclusive service area. (Source. R. CREG-057-1996; Art. 1)

American Society of Mechanical Engineers.

American Society for Testing and Materials

For the purposes of the application of CREG Resolution 071 of 2006, Annex 12, the definition of AUCTION AUDITOR is as follows: The Auction Auditor for agents with GPPS shall be an individual or business entity through its representatives in the GPPS Auction, with recognized experience in auditing processes, who shall perform its duties during the GPPS Seal-Bid Auction according to the parameters set forth in Annex 12 to CREG Resolution 071 of 2006. (Source: Res. CREG-071-2006; Annex, Item 12.2)

An individual or business entity that produces electricity exclusively to meet its own needs. Therefore, it does not use the public grid for purposes other than obtaining support from the National Interconnected System (SIN) and may or may not be the owner of the generation system. (Source: Res. CREG-119-1998; Art. 1)

For the purposes of CREG Resolution 082 of 2002, Self-Producers are Self-Generators and Co-Generators defined according to CREG Resolutions 084 of 1996, 085 of 1996, and 107 of 1998, as amended, complemented, or replaced. (Source: Res. CREG-082-2002; Art. 1)

B

Set of equipment used to connect a transmission line or a transformer or an autotransformer to the busbar of a substation, as well as the equipment used to section or couple busbars, or to transfer the load from one busbar to another. (Source: Res. CREG-026-1999; Art. 1)
Frequency range within which generation units do not automatically vary their power. (Source: Res. CREG-023-2001; Art. 1)
The set of Constructive Units (UC) that a Grid Operator requires to render the service with a determined coverage and quality (Source: R. CREG – 097- 2008; Art. 1).
In accordance with the provisions of Article 37 of Act 142 of 1994, it is the individual or business entity or group of individuals or business entities, regardless of their nature, who benefit from agreements, transactions or operations related to their direct or indirect interest in the generation, transmission, distribution, and sale activities. (Source: Res. CREG-042-1999; Art. 1)
A fuel obtained from biomass that: i) works in internal combustion engines, without requiring any modification in them, or, ii) through external combustion, provides energy to an electrical energy production process. (Source: Res. CREG-091-2007; Art. 2)
Hole of the well made in the ground to extract or inject hydrocarbons, which connects the production facilities with the gas supply facilities and usually consists of instruments used to regulate or measure the flow. (Source. R. CREG-057-1996; Art. 1)
A freely accessible website that displays commercial and operational information related to the Transporter services, including regulated charges and those agreed between agents for transportation services, the Nomination Cycle, the Transportation Program, capacity release and gas supply offers, the Energy Balance Accounts and other information established by the Standard Natural Gas Transportation Regulations. (Source: R. CREG-071-1999; Chap. I. Item 1.1).

Information system managed by the Commercial Exchanges System Administrator, subject to the rules of the Wholesale Market, where generators and traders exchange energy offers and demands, on an hourly basis, so that the Commercial Exchanges System Administrator executes the resulting contracts in the power exchange, settling, collecting, and distributing the corresponding monetary values to the parties and transporters. (Source: Res. CREG-107- 1998; Art. 1)

C

Sale Advisory Committee

For the purposes of Resolution CREG 024 of 2005, it is defined as the set of qualifiers of phenomena inherent to the voltage waveform that allow judging the value of the deviations of the instantaneous voltage with respect to its standard form and frequency, as well as the effect that such deviations may have on electrical or other equipment.

Specifications and standards for Natural Gas adopted by the CREG in this Regulation, as amended, complemented, or replaced. (Source: R. CREG-071-1999; Chap. I. Item 1)
Physical means of telecommunication that allows the transmission and exchange of information between the National Dispatch Center (CND) and the other agents of the National Interconnected System (SIN). (Source: R. CREG-080-1999; Art. 1)

Tariff control methodology consisting of the Distributor setting maximum charges differentiated by consumption ranges. Said charges and consumption ranges must comply with the condition that their associated revenues do not exceed the revenues associated with the Average Distribution Charge approved by the Commission. (Source. R. CREG-011-2003; Art. 2)

Quantity of gas measured at an Inlet Point or at an Outlet Point of a Transportation System, expressed in Mbtu (Million British Thermal Units) or its equivalent in the International System of Units. (Source. R. CREG-071-1999; Chapter I. Item 1.1)

Amount of Energy that the Main Control Center accepts for transportation during the Gas Day by a Transportation System. (Source. R. CREG-071-1999; Chap. I. Item 1.1)

Amount of Energy that the Shipper confirms for transportation during the Gas Day through a Transportation System, with the respective Main Control Center (CPC). (Source. R. CREG-071-1999; Chap. I. Item 1.1)

Amount of Energy delivered by the Shipper at the Inlet Point of a Transportation System during the Gas Day. (Source. R. CREG-071-1999; Chap. I. Item 1.1)

Firm Energy additional to the one previously allocated, per GPPS plant or unit, that the Participant is willing to commit in Firm Energy Obligations (FEO) from a GPPS Year. This quantity is bid for each GPPS Year in which the Participant expects to have FEO allocation increments. The aggregate Quantity of Firm Energy For GPPS Balance offered for a plant cannot be greater than the Firm Energy for the Reliability Charge (ENFICC) of the plant or unit minus the previous FEO allocations to the GPPS. Otherwise, this offer will be understood as not submitted. (Source: R. CREG – 056- 2008; Art 1)

Amount of Energy that the Shipper plans to deliver at the Inlet Point and take at the Outlet Point of a Transportation System during the Gas Day and that is included in the corresponding Nomination. (Source. R. CREG-071-1999; Chap. I. Item 1.1)

Amount of Energy that the Shipper takes at the Outlet Point of a Transportation System during the Gas Day. (Source. R. CREG-071-1999; Chap. I. Item 1.1)

These are the remaining quantities of natural gas from the fields with maximum regulated prices, which result once the allocation procedure established in Items 1 to 4 of Article 8 of Decree 2687 of 2008 is applied, i.e., those mentioned in Item 5 of said regulation. (Source. R. CREG-095-2008; Art. 1)

Natural Gas transportation capacity that the Shipper contracts with the Transporter for the Transportation Service, expressed in thousand standard cubic feet per day (MSCFD) or in its equivalent units in the International System of Units. (Source: R. CREG-071 1999; Chap. I. Num 1.1).

Maximum limit of electric power flow of each International Connection, considering the quality, safety, and stability conditions of the electric power systems, as well as the technical characteristics of the interconnection lines and equipment. This limit is calculated jointly by the operators of the systems of the Andean Community member countries or the countries with which there is an integration of electricity markets under the terms of CREG Resolution 004 of 2003 and will be part of the annex of technical parameters defined in CREG Resolution 025 of 1995. (Source: R. CREG-001-2006; Art. 1)

Maximum limit of electric power flow of each International Connection not operated according to CREG Resolution 004 of 2003. (Source: R. CREG-001-2006; Art. 1)
The capacity available to the Transporter and that according to the contracts signed is not committed as Firm Capacity. (Source: R. CREG-089-2013; Art. 3)
Firm Capacity that the Shipper does not plan to use and that in accordance with the rights granted by the transportation contract subscribed may assign or sell to Replacement Shippers. (Source. R. CREG-089-2013; Art. 3)
The maximum amount of net power (expressed as an integer value in MW) that a generation unit can supply under normal operating conditions. The values are presented in the National Interconnected System (SIN) Technical Parameters Document. These values must be registered and validated by the owners of the generators to the National Dispatch Center (CND). (Source: R. CREG-025-1995; Annex)
The maximum net power capacity (expressed as an integer value in MW) that a plant and/or generation unit can supply under normal operating conditions, measured at the commercial border. It is calculated as the Nominal Capacity minus the Own Consumption of the plant and/or generation unit. (Source: R. CREG-074-2002; Art. 4)
Capacity that according to the contracts signed is not interruptible by the Transporter, except in cases of emergency or force majeure. (Source: R. CREG-089- 2013; Art. 3)
Capacity resulting from expansions in the transportation capacity of gas pipelines. (Source: R. CREG-071-1999; Chap. I. Item 1.1).
Contracted capacity that, according to the contracts subscribed, provides and allows interruptions by the Transporter upon the corresponding notice to the Shipper. (Source. R. CREG-089-2013; Art. 3)
The Secondary Available Capacity that the Shipper has assigned or resold to Replacement Shippers. (Source. R. CREG-089-2013; Art. 3)

Maximum capacity corresponding to the sum of the export capacities of the international connections of the National Interconnected System (SIN) operating simultaneously, used for Short-Term International Electricity Transactions (TIE). (Source: R. CREG-004- 2003; Art. 3)

Maximum capacity corresponding to the sum of the import capacities of the international connections of the National Interconnected System (SIN) operating simultaneously, used for the Short-Term International Electricity Transactions (TIE). (Source: R. CREG-004- 2003; Art. 3)
The Maximum Medium-Term Capacity of a gas pipeline or group of pipelines is the maximum volume of gas transportable in a Gas Day, calculated by the transporter with gas flow dynamics models, using the specific technical parameters of the fluid and the pipeline, as well as the procedures and inlet and outlet pressures defined in this Resolution. This definition is applicable exclusively for the purposes of calculating the regulated transportation charges referred to in CREG Resolution 001 of 2000. (Source. R. CREG-085-2000; Art. 1)
Maximum daily transportation capacity of a gas pipeline defined by the Transporter, calculated with gas flow dynamics models using an inlet pressure of 1,200 psia, the pressures for the different outlet points, and the specific parameters of the fluid and the gas pipeline. (Source: R. CREG-071-1999; Chap. I. Item 1.1).
The continuous rate at full load of a Unit or Generation Plant under the specified conditions according to the manufacturer’s design. It is the capacity usually indicated on a plate mechanically linked to the Generation device. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
For Connection Assets, the Nominal Capacity corresponds to the capacity assigned in the Connection Contract. These capacities must be declared to the National Dispatch Center (CND), once the respective Connection Contract has been signed. (Source: R. CREG-062-2000; Art. 1)
For NTS Use Assets, the Nominal Capacity corresponds to the capacity declared to the National Dispatch Center (CND) at the time this Resolution enters into force. For new Assets, the capacity will be declared prior to their entry into commercial operation. (Source: R. CREG-062-2000; Art. 1)
Transportation capacity of a pipeline expected to be used on an hourly basis in the Transportation Program prepared by each Main Control Center for the following Gas Day based on the Transportation Nomination Cycle. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
The result of deducting from the Declared Availability of each generating unit the rolling reserve and the maximum value among the minimum technical, safety, and AGC generations. (Source: R. CREG-025-1995; Annex)

The part of the Theoretical Compensating Capacity that was available to meet the demand, determined with the methodology described in Annex No. 2 to CREG Resolution 116-1996. (Source: R. CREG-116-1996; Art. 1)

The generation capacity that each hydroelectric plant or thermal unit dispatched centrally contributes, in an Ideal Dispatch, to the supply of demand under critical hydrological conditions, determined with the methodology described in Articles 4 and 5 of CREG Resolution 116-1996. (Source: R. CREG-116-1996; Art. 1)
Comité Asesor de Planeamiento de la Transmisión
The power/frequency characteristic of the National Interconnected System. It is calculated by the National Dispatch Center (CND) based on the analysis of a sample of events that affected the frequency behavior and is published annually in the Operation Report. (Source: R. CREG-025-1995; Annex)
The installed load or nominal capacity that can support the limiting component of a facility or electrical system. (Source: R. CREG-070-1998; Annex)
Amount paid by the user to cover the costs incurred for connecting to the electricity service. (Source: R. CREG-031-1997; Art. 1)

The maximum average unit charge in pesos per cubic meter ($/m3) allowed to be charged to the distributor for use of the grid, in accordance with the provisions of this resolution. This charge does not include the connection. (Source. R. CREG-057-1996; Art. 1)

Amount paid by the user to the electricity retailer, associated with the permanent availability of the service for the user, regardless of the level of consumption. (Source: R. CREG-112-1996; Art. 1)

The maximum distribution unit charge in pesos per kWh ($/kWh), approved by the Commission, applicable to the Electric Power Distribution Systems in Non-Interconnected Areas. (Source: R. CREG-091-2007; Art. 2)

Charge per unit of energy, expressed in $/kWh, constant during a month, which remunerates the use of the Regional Transmission Systems and the Local Distribution Systems. (Source: R. CREG-082-2002; Art. 1)

Monomial charge per unit of energy, expressed in $/kWh, constant for the same hour during a month, which remunerates the use of Regional Transmission Systems and the Local Distribution Systems. These charges are determined from the hourly differentiation of the monomial charges, based on the load curves of each Voltage Level of the respective Regional Transmission System or Local Distribution System as established in Annex No. 9 to Resolution CREG-082-2002. (Source: R. CREG-082-2002; Art. 1)
This charge covers all costs involved in the connection of the user to the local grid. It does not include the cost of the meter. (Source. R. CREG-057-1996; Art. 1)
Charge applied to the maximum average daily demand of natural gas transportation in a given period of time. (Source. R. CREG-057-1996; Art. 1)
The service drop charge plus the cost of the meter when it is supplied by the company, plus a proportion of the costs that recover part of the investment in the distribution networks, when the Energy and Gas Regulation Commission considers it is required to stimulate new minimum cost investment. (Art. 90, Item 90.3 of Act 142/94). (Source: R. CREG-057- 1996; Art. 1).
The charge payable by an Agent to the Transporter or to a third party for the costs of the connection. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
Remuneration paid to a generating agent for the availability of generation assets with the characteristics and parameters declared for the calculation of the Firm Energy for the Reliability Charge (ENFICC), which guarantees compliance with the Firm Energy Obligation allocated in an Auction for the Allocation of Firm Energy Obligations or equivalent mechanism. This energy is associated to the Backup Generation Capacity referred to in Article 23 of Act 143 of 1994 and can be committed to guarantee reliability in the provision of electricity services to users under critical conditions. (Source: R. CREG-071-2006; Art. 2)
Monomial charge per unit of energy, expressed in $/kWh. (Source: R. CREG-103-2000; Art. 1)

Equivalent charge for the rendering of transportation services to a group of Shippers, resulting from dividing the income obtained by a Transporter as of year-end by the volume transported (mscf) to the group of Shippers in the same period. For this calculation, the Shippers shall be grouped in the Load Factor ranges established in section 5.5.1 <4.2.3.4> of this Resolution and shall not include income from compensations, penalties, connections, and default interest. (Source. R. CREG-001-2000; Art. 2)

The average unit distribution charge in pesos per cubic meter ($/m3), approved by the Commission, applicable to a Fuel Gas Distribution System. (Source. R. CREG-011-2003; Art. 2)

A variable that in the Cost Formula is applied as a factor to the billed consumption. (Source: R. CREG-112-1996; Art. 1)

Charges expressed in $/kWh that remunerate the Use Assets of Voltage Level 4 of the Grid Operators. (Source: R. CREG – 097- 2008. Art 1)

These are the charges expressed in $/kWh for each Voltage Level that remunerate the use of the Local Distribution Systems. (Source: R. CREG – 097 -2008; Art 1)

Charges, expressed in $/kWh, accumulated for each Voltage Level, which remunerate a Grid Operator for the Use Assets of the Local Distribution Systems and Regional Transmission Systems. For Voltage Levels 1, 2 and 3, these are maximum charges. (Source: R.CREG – 097- 2008; Art 1)

These are the charges, expressed in $/kWh, that remunerate the use assets of the National Transmission System. (Source: R. CREG-008-2003; Art. 1)

Usage Charges per unit of energy, expressed in $/kWh and differentiated by Load Period. (Source: R. CREG-103-2000; Art. 1)

Document and irrevocable credit, by means of which a financial institution duly authorized by the Financial Superintendence, undertakes directly or through a correspondent bank to the payment of the obligations indicated in these Regulations, upon the presentation of the Standby Letter of Credit. The form and execution of the Standby Letter of Credit shall be governed by the applicable rules of the Code of Commerce and other applicable provisions. (Source: R. CREG-094-2007; Art. 2)

A Control Center is the National Dispatch Center (CND), a Regional Control Center (RCC), a Generation Center (GC), or a Local Distribution Center (LDC), as applicable. (Source: R. CREG-080-1999; Art. 1)

Set of elements consisting of the gas meter, the pressure regulator, and the general shut-off valve. (Source: R. CREG-108-1997; Art. 1).

Unit in charge of planning, supervision, and control of the integrated operation of generation, interconnection, and transmission resources of the National Interconnected System. (Source: R. CREG-116-2003; Art. 1)

Centers responsible for short-term electricity planning, coordination, supervision, and control of the operation of the networks, substations, and generation plants under their coverage, coordinating the operation and handling of these facilities, subject to the instructions given by the CND and aiming at a safe and reliable operation of the National Interconnected System, subject to the regulations in force and the agreements of the National Operation Council. (Source: R. CREG-026-1999; Art. 1).

Centers belonging to the different gas pipelines (Transportation Systems) that are part of the National Transportation System, responsible for carrying out the operational, commercial, and other processes defined in the Standard Natural Gas Transportation Regulations. (Source: R. CREG-071-1999; Chapter I. No. 1.1).

“Process that starts with the request for gas supply services by a Shipper to the respective Producer-Seller or Seller and ends with the Confirmation of the request. (Source. R. CREG-071-1999; Chap. I. Item 1.1).”

Process that starts with the request for transportation services by a Shipper to the respective Main Control Center, with respect to the Energy Quantity and the calorific value of the gas to be delivered at the Inlet Point or to be taken at the Outlet Point of a Transportation System on a Gas Day, and ends with the Confirmation of the request. (Source. R. CREG-071-1999; Chap. I. Item 1.1)

Cylinders of the universal fleet that, during the transition period, were found suitable to continue providing the service and, once purchased by a distributor, were marked by it as its own cylinders in accordance with the respective regulation and the technical regulations of the Ministry of Mines and Energy. (Source: Res. CREG-023/08, Art. 1 and Res. CREG-045/08, Art. 1).
For the purposes of the Distribution Regulations, a circuit is defined as the single-phase, two-phase or three-phase electrical network or grid section that leaves a substation, distribution transformer, or other network and supplies electric power to a specific geographic area. When a Circuit has several sections or, for the purposes of the Distribution Regulations, each section shall be considered a Circuit in itself. (Source: R. CREG-070- 1998; Annex)

A set of elements used as an electrical network or grid section, including transformers, if any, that has the following characteristics:

  1. Does not meet the minimum technical requirements established in CREG Resolution 070 of 1998 .
  2. Supplies electricity exclusively to a group of Regulated Users belonging to a Substandard Neighborhood, whose connections have been made without complying with the connection terms established by Resolution CREG-070 of 1998.
  3. They can be classified as General Usage Networks.

(Source. R. CREG-120-2001; Art. 2)

Metrological characteristics of the group of instruments and measuring transformers that meet metrological requirements aimed at maintaining the errors and variations allowed, within the specified limits. (Source: R. CREG-070-1998; Annex)

Set of provisions issued by the Commission vested with the powers provided in items 73.22 of Act 142 of 1994, which the public utilities of the sector and other persons using the fuel gas distribution systems by pipeline networks must adhere to. The regulations issued by the Ministry of Mines and Energy (MME), particularly those referring to safety, shall be an integral part of this code. (Source. R. CREG-057-1996; Art. 1)

Set of provisions issued by the Commission vested with the powers provided in items 73.22 of Act 142 of 1994, which the public utilities of the sector and other persons using the national fuel gas transportation system by pipeline networks must adhere to. It also includes the set of principles, criteria, and procedures to carry out the coordination and operation of the national transportation system and to regulate the operation of the fuel gas wholesale market through pipeline networks. The regulations issued by the Ministry of Mines and Energy (MME), particularly those referring to safety, shall be an integral part of this code. (Source. R. CREG-057-1996; Art. 1)

Process of combined production of electrical and thermal energy, which is an integral part of a productive activity, both for own or third-party consumption and for industrial or commercial processes. (Source: R. CREG-107-1998; Art. 1)

It is the individual or business entity that produces energy using a cogeneration process and may or may not be the owner of the cogeneration system. (Source: R. CREG-119-1998; Art. 1)

For the purposes of determining the Positive Reconciliation Price referred to in Article 1 of CREG Resolution 034 of 2001, it is the fuel that the generator may use as an alternative to the main fuel, in events of force majeure, acts of God, insurmountable restrictions in the supply of natural gas, serious, non-transitory emergency situations, or programmed rationing under the terms of Decree No. 1484 of 2005, as amended, complemented, or replaced. (Source: R. CREG-084-2005; Art. 1)
Fuel ordinarily used by the generator in its generation activity, and which supports its commercial offer in the power exchange. (Source: R. CREG-048-2002; Art. 1)
Motor Fuel Oil corresponding to Fuel Oil No. 2D and is referenced by ASTM D 975 and NTC 1438 standards.

Activity that consists of the commercial intermediation between the agents that provide electric power generation, transmission and distribution services and the users of such services, whether or not such activity is carried out in combination with other activities of the electricity sector, as provided by the regulation and the law. (Source: R.CREG – 161 – 2008; Art 3)

This occurs when two or more agents, with prior authorization from the CREG, sell natural gas jointly in such a way that the authorized agents form a single seller. (Source: R. CREG-093-2006; Art. 1)

Activity consisting of the purchase and sale of electric power in the wholesale market, whether exclusively or combined with other activities of the electricity sector, whichever is the main activity. (Source: R. CREG-128- 1996; Art. 2 – R. CREG-042-1999; Art. 1)

Activity consisting of the purchase of electric power in the wholesale market and its sale to end users, regulated or deregulated. Whoever carries out this activity is called an electricity retailer. (Source: R. CREG-108-1997; Art. 1)

Activity by any Natural Gas Producer of selling for valuable consideration its production, totally or partially, at the Inlet Point of the National Transportation System directly to Deregulated Users, to Retailers, Distributors, or other Agents that require it. It shall be understood that there is a sale regardless of the contractual form through which the gas is sold. (Source: R. CREG-023-2000; Art. 1).

Activity that consists of the commercial intermediation between the agents that provide the generation, transmission, and distribution services of electrical energy and the end users of such services, whether or not such activity is developed in combination with other activities of the electricity sector, as provided by the regulation and the law. (Source: R. CREG-091-2007; Art. 2)

Business entity that develops the trading activity in the Archipelago of San Andres, Providencia, and Santa Catalina. (Source: R.CREG – 160- 2008; Art 2)

Individual or business entity that trades electricity, either exclusively or combined with another or other activities of the electricity sector, whichever is the main activity. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)

Generator-Retailer, Distributor-Retailer or Retailer that develops the Retail Activity. (Source: R. CREG-121-2007; Art. 2)

The component that is part of a system and that determines the maximum capacity to operate. (Source: R. CREG-108-1997; Art. 1)

Person located outside the national territory that acquires natural gas to meet the demand. (Source: R. CREG-095-2008; Art. 1)

A situation of disturbance of the normal conditions of the country’s operation, such as regional civic strikes, national civic strikes, pre-electoral periods and in general foreseeable special conditions that demand greater security measures in the operation of the National Interconnected System. In a public order alert condition, the National Dispatch Center (CND) declares the degree of security under which the National Interconnected System must operate. The National Dispatch Center will define the general operating instructions in Abnormal Conditions of Public Order, which must be informed to the Energy and Gas Regulation Commission and the National Operation Council. (Source: R. CREG-080-1999; Art. 1)

Situation presented by the energy market when the price exchange is higher than the Shortage Price.

They define the standard cubic foot (meter) as the volume of gas, wet and dry (meeting the specifications of the Standard Natural Gas Transportation Regulations, in terms of water vapor concentration) contained in a cubic foot (meter) at an absolute pressure of 14.65 psi (1.01 bar absolute), and at a temperature of 60º F (15.56º C). The volumes and all volumetric properties of the gas transported by the National Transportation System shall meet these conditions.

 

Any reference to standard conditions in documents, communications, etc., related to the natural gas transportation business shall be understood as absolute pressure of 14.65 psi and temperature of 60º F (1.01 bar absolute and 15.56º C). Any other condition must be explicitly stated. (Source. R. CREG-41-2008; Art. 1)

The set of activities consisting of the derivation of the local power grid to the service entrance of a building and the installation of the meter. The connection includes the service drop and the meter. The internal network is not part of the connection. (Source: R. CREG-225-1997; Art. 1)
It is the right of all users to use the networks of the National Transmission System, a Regional Transmission System and/or a Local Distribution System, subject to compliance with the rules governing the service, the payment of the corresponding retributions and the principle of efficiency set forth in the Law. (Source: R. CREG – 097 – 2008; Art 1)
Assets that allow connecting a generator, a regional transmission system, a local distribution system, or a large consumer to the regional transmission and local distribution systems. (R. CREG-003-1994; Art. 1)
Exclusive use assets not part of the Distribution System that allow connecting a Seller, a Generator, or a user to a Distribution System. The connection of a user basically consists of the elements that make up the metering center and the service drop, assets that are property of whoever has paid for them, if they are not appurtenances. (Source: R. CREG-091-2007; Art. 2)
Process by which the Shipper, in response to the Nomination Authorized by the Main Control Centers, confirms the Energy Quantity to be delivered to and taken from the Transmission System. (Source: R. CREG-071-1999; Chap. I. Item 1.1).

Entity whose main function is to decide on the technical aspects to guarantee that the integrated operation of the National Interconnected System is safe, reliable, and cost-effective, as well as to act as the executive body of the Operation Rules and Regulations, in accordance with the regulations in force. (Source: Act 143 of 1994; Art. 36)

The procedure by which the intervention of a piece of equipment, a facility or part of it is requested, studied, and authorized. (Source: R. CREG-061-2000; Art. 1)

The procedure by which the immediate maintenance of an equipment, a facility, or part of it is authorized, when its condition endangers the safety of persons, the equipment, or the facility, not being able to comply with the respective maintenance scheduling procedure. (Source: R. CREG-061-2000; Art. 1)

The procedure to authorize the out of service of an equipment, a facility or part of for maintenance. (Source: R. CREG-025-1995; Annex)

The name given to the maintenance of equipment of the National Interconnected System, whose unavailability affects the exchange limits of the operating areas, the minimum security generations of the thermal and hydraulic power plants, decreases the reliability of the National Interconnected System operation, or when it limits the response to the demand. (Source: R. CREG-025-1995; Annex)

For all purposes, it shall have the meaning of Article 14.33 of Act 142 of 1994. (Source: R. CREG-057-1996; Art. 1)

Quantity of cubic meters of gas, or quantity of kilowatt-hours of active energy, received by the subscriber or user in a given period, read in the respective metering equipment, or calculated by means of the methodology established in CREG Resolution 108 of 1997. For the electricity service, consumption may also be measured in Ampere-hours, as determined by the Commission. (Source: R. CREG-108-1997; Art. 1 – R. CREG-047-2004; Art. 1)

Consumption that, when compared with the historical averages of the same subscriber or user, or with the consumption averages of subscribers or users with similar characteristics, presents significant deviations, according to the parameters established by the company. (Source: R. CREG-108-1997; Art. 1)
The minimum amount of electricity used in a month by a typical user to satisfy basic needs that can be efficiently and economically satisfied by means of this form of final energy. The level of basic consumption will be as determined by law. Currently it is 200 kWh per month according to Act 188 of 1995. This consumption is the basis for granting subsidies to users in socioeconomic strata 1, 2 and 3, as specified in Annex 2 to Resolution CREG 077 of 1997.

Quantity of kilovar-hours transported through the networks that make up the Regional Transmission Systems and Local Distribution Systems and registered by means of reactive energy metering equipment located at the commercial borders of the respective users. (Source: R. CREG-047-2004; Art. 1)

The consumption established based on average consumptions of other periods of the same subscriber or user or based on the average consumptions of subscribers or users with similar characteristics or based on individual load inspections. (Source: R. CREG-108-1997; Art. 1)
The amount settled and charged to the subscriber or user, according to the rates authorized by the Commission for regulated users, or at the prices agreed with the deregulated user. In the case of electricity service, the rate must correspond to the voltage level where the subscriber’s or user’s meter is directly or indirectly connected. (Source: R. CREG-108-1997; Art. 1)
Determined based on the difference between the current reading and the previous reading of the meter, or on the consumption information recorded by the meter. (Source: R. CREG-108- 1997; Art. 1)
The consumption through a connection not authorized by the company or from altering connections or metering or control equipment, or the operation of such equipment. (Source: R. CREG-108-1997; Art. 1)
The amount of cubic meters of fuel gas or amount of electric power which the user is entitled to for the prepaid value, defined at the time the subscriber or user activates the prepayment through the mechanism provided by the company. (Source: R. CREG-108-1997; Art. 1 – R. CREG-096-2004; Art. 1)
Determined based on the user’s historical consumption in the last six months of consumption. (Source: R. CREG-108-1997; Art. 1)
The consumption of energy and power required by the auxiliary systems of a generating unit of a power plant and/or generation unit. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
Agreement entered into by the interested parties to regulate the technical, administrative, and commercial relations of the connections to access a distribution system, which includes the payment of a connection charge. (Source. R. CREG-057-1996; Art. 1)
A written agreement where an agent guarantees the supply of a maximum amount of natural gas during a determined period, without interruptions, when the condition of probable shortage arises and up to five (5) additional calendar days defined at the buyer’s discretion. Buyer shall pay a premium for the right to take up to the maximum quantity of gas, and a supply price upon delivery of the nominated gas. The nominated quantities must be accepted by the seller upon exercise of the option. The premium shall be paid monthly. (R. CREG 186-220; Art. 1)
A bilateral agreement entered into between generating agents through the Secondary Market, in order to ensure compliance with the Firm Energy Obligations of a generator. Its object, price, quantity, guarantee, term, and collection are determined by mutual agreement between the parties following the guidelines of the Secondary Market established in CREG Resolution 071 of 2006. (Source: R. CREG-071-2006; Art. 2 – R. CREG-079-2006; Art. 1)
It is a uniform, consensual agreement by virtue of which a public utilities company provides services to a user in exchange for a price in money, in accordance with the Law and the regulations. (Source: Res. CREG-023/08, Art. 1).
A Public Utilities Agreement where some of the stipulations are subject to a special agreement with one or some users. (Source: Res. CREG-023/08, Art. 1).

Written agreement in which an agent guarantees the supply service of a maximum quantity of natural gas and/or maximum transportation capacity, without interruptions, during a determined period, except on days established for maintenance and programmed work. This type of agreement requires physical backup. (R. CREG 186-2020; Art. 1)

Contrato escrito en el que un agente garantiza el servicio de suministro de una cantidad máxima de gas natural y/o de capacidad máxima de transporte, sin interrupciones, durante un período determinado, excepto en los días establecidos para mantenimiento y labores programadas. Esta modalidad de contrato requiere de respaldo físico. (R. CREG 186-2020; Art. 1)

Bilateral, written, and fixed-term agreement in which the buyer agrees to pay a percentage (% of ToP) of the contracted gas, regardless of whether it is consumed. The seller undertakes to keep at the buyer’s disposal 100% of the contracted quantity. The price of gas established for this contractual modality shall be inversely related to the Take or Pay Percentage (% of ToP), or amount of gas committed, regardless of consumption. In this contractual modality a firm or firmness-guaranteeing supply service is offered. The buyer shall have the right to use the gas paid for and not taken, within twelve (12) months following the payment of the gas not taken, at the Inlet Point contractually agreed. For this purpose, the seller may cover the delivery obligation with its own gas or with gas from third parties, assuming in any case the cost of the additional transportation required. (Source: R. CREG-023-2000; Art. 1; amended by R. CREG-070-2006; Art. 2).

Bilateral, written, and fixed- term agreement in which the buyer undertakes to pay a percentage (% of ToP) of the contracted gas, regardless of whether it is consumed. The seller undertakes to keep at the buyer’s disposal 100% of the contracted quantity.
Special concession contracts to provide natural gas distribution services through pipeline networks in an exclusive service area. In these contracts exclusivity clauses are agreed for distribution and the service is provided under the price and coverage conditions agreed. (Source: R. CREG-057-1996; Art. 1).
Amount paid by the user to the retailer over the cost of the service, destined to finance subsidies, according to the pertinent standards. (Source: R. CREG-077-1997; Art. 1)
Automatic control system required to maintain the voltage within the operating range defined in CREG Resolution 025 of 1995 (Operating Code). (Source: R. CREG-080-1999; Art. 1)

System consisting of the organizational scheme and the set of plans, methods, principles, standards, procedures, and verification and evaluation mechanisms adopted by the respective company, in order to ensure that all activities, operations and actions, as well as the management of information and resources, are carried out in accordance with the constitutional and legal regulations in force, observing the policies established by management, and following the goals or objectives set out. (Source: R. CREG-053 – 2000; Art. 1)

Maneuvers performed on units of the National Interconnected System to adjust the operative variables of the System. (Source: R. CREG-080-1999; Art. 1)

Loss of the right to the supply of the public service in the event of any of the causes contemplated in Act 142 of 1994, in Decree 1842 of 1991, and in the public service contract. (Source: R. CREG-108-1997; Art. 1)

A monomial cost resulting from calculating the sum of all economic efficiency costs incurred by the service provider to supply a unit of energy, not affected by subsidies or contributions, on which the value of the bill to the user is calculated. (Source: R. CREG-082-1997; Art. 1)

The cost of renewing the Asset currently in service with an equivalent one of modern technology that complies with the same function and the same quality and service standards, valued at market prices. (Source: R. CREG-022-2001; Art. 1)
Estimate of the costs incurred by the company, including the opportunity costs derived from not using that money or other production factors within its reach in other alternative purposes. (Source: R. CREG-057-1996; Art. 1).
The cost incurred by a generator to increase or decrease its production by one unit. (Source: R. CREG-025-1995; Annex)
This is the incremental cost of each of the rationing plants modeled in the Operational Planning methodologies. Its values are defined as: CRO1 Cost: The marginal economic cost of rationing 1.5% of the energy demand of the National Interconnected System. It has a valid range between 0 and 1.5% of the respective energy demand. CRO2 Cost: The marginal economic cost of rationing 5% of the energy demand of the National Interconnected System. It has a valid range between 1.5 and 5% of the respective energy demand. CRO3 Cost: The marginal economic cost of rationing 10% of the energy demand of the National Interconnected System. It has a valid range for rationing higher than 5% of the respective energy demand. These costs are revaluated annually by the Mining and Energy Planning Unit (UPME) for application from the start of the winter season and updated monthly according to the official projections of the national consumer price indexes.
This is the incremental cost of each of the rationing plants modeled in the Operational Planning methodologies. Its values are defined as:
The increase in the total operating cost of the system due to the increase in its total demand, in one unit. The additional cost is attributable only to flexible generation units and with a generation level higher than zero. (Source: R. CREG-112-1998; Art. 15)
The efficient economic cost of rendering the electricity service to the regulated user, expressed in pesos per kilowatt hour ($/kWh), resulting from applying the General Tariff Formula established in this resolution, and which corresponds to the sum of the efficient costs of each activity of the electricity chain. (Source: R. CREG – 161- 2008; Art 3)

Unit value in the market of a Constructive Unit ($/Constructive Unit). (Source: R. CREG-022-2001; Art. 1)

Costs associated with generations displaced in the actual dispatch by Out-of-Merit Oder Security Generations or by Redispatches. (Source: R. CREG-063-2000; Art. 1)

Costs associated with positive deviations, admissible for generation, according to the applicable regulations in force. (Source: R. CREG-074-1999; Art. 1)
Costs associated with out-of-merit order security generations. (Source: R. CREG-063- 2000; Art. 1)
These are the unit costs of investment, administration, operation, and maintenance calculated for each Grid Operator expressed in $/kWh for each Voltage Level, used for purposes of Decree 388 of 2007. (Source: R.- 097- 2008; Art 1
These are the opportunity costs of water stored in reservoirs that represent the operation of a system in a time horizon. (Source: R. CREG-025-1995; Annex)

Energy and Gas Regulation Commission.

A Power System is in steady state stability for an operating condition if after a small disturbance it reaches a steady state operating condition similar to the condition existing before the disturbance. (Source: R. CREG-025- 1995; Annex)

A Power System is transitorily stable if for a steady state operating condition and for a particular disturbance it reaches an acceptable steady state operating condition, after the disturbance. (Source: R. CREG-025-1995; Annex)
The aggregate difference between the Quantity of Energy Delivered and the Quantity of Energy Taken by a Shipper during a month. (Source: R. CREG-071-1999; Chap. I. Item 1.1)
Graph presented by the agents that commercially represent new or special generation plants and/or units as a requirement to participate in the Auctions, showing on the ordinate the estimated percentage of progress of the project during the execution time and on the abscissa the elapsed time. (Source: R. CREG-071-2006; Art. 2)

D

Document signed by the legal representative, informing the Energy and Gas Regulation Commission of the interest to participate in the Auction for the Allocation of Firm Energy Obligations. (Source: R. CREG-102-2007; Annex 10 of Resolution CREG-071 DE 2006)
Statement signed by a generating agent through which it registers with the Commercial Exchanges System Administrator, uncommitted Firm Energy for the Reliability Charge or Additional Available Energy, both from plants or units owned by the same generator or commercially represented by it, with the purpose of covering Firm Energy Obligations backed up with another or others of its plants or generation units. (Source: R. CREG-096-2006; Art. 1)
Corresponds to the value of the actual demand of the seller, which includes the factors of losses in the regional transmission or local distribution networks to refer to the 220 kV level and the losses of the National Transmission System. (Source: R. CREG-071-2006; Art. 2)
Corresponds to the value of the electricity demand of the set of Regulated and Deregulated Users that are served by the same Retailer affected by the technical losses recognized for the Grid Operator to which the demand is connected, the non-technical losses assigned to each Retailer, and the losses in the National Transmission System (STN). (Source: R. CREG-121-2007; Art. 2)
Quantity of fuel gas that the Distributor plans to deliver annually to final consumers for the Projection Horizon, expressed in cubic meters. (Source. R. CREG-011-2003; Art. 2)
For the purposes of this Resolution, it shall be understood that the Retailer’s Demand in a Regional Transmission System is equal to the Commercial Demand of the Retailer in such system, minus its respective share in the losses of the National Transmission System. (Source: R. CREG-008-2003; Art. 1)
Energy Demand of users who are willing to reduce their consumption in exchange for a consideration. (Source: R. CREG-071-2006; Art. 2)
Average of the Maximum Capacity Demand scenarios projected by the Transporter for a gas pipeline or group of pipelines and the scenario established by CREG, weighted by the probability of occurrence thereof, expressed in thousand standard cubic feet per day (mscfd). (Source: R. CREG-085-2000 Art. 1; R. CREG-001-2000; Art. 2).
Average of the annual volume scenarios projected by the Transporter for a gas pipeline or group of pipelines and the scenario established by CREG, weighted by the probability of occurrence thereof, expressed in thousand standard cubic feet per day (mscfd). (Source: R. CREG-085-2000; Art. 1; R. CREG-001-2000; Art. 2).
The hourly demand modified by programmed rationing. (Source: R. CREG-025-1995; Annex)

Sum of the values of the demands corresponding to the Short-Term International Electricity Transactions (TIE), which are the result of the Coordinated Economic Dispatch process, which includes the loss factors referring to the 220 kV level and the losses of the National Transmission System. (Source: R. CREG-001-2006; Art. 1)

Maximum volume to be transported in a day in the course of a year, expressed in thousand standard cubic feet per day (mscfd). (Source. R. CREG-001-2000; Art. 2)
The maximum real total hourly generation in a month during the periods between 18:00 and 21:00 hours. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
The average of the Maximum Monthly Energy Demands of the immediately preceding calendar year. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
Sum of the values of the international demands, which are not considered in the Coordinated Economic Dispatch, which includes the loss factors referring to the 220 kV level and the losses of the National Transmission System. (Source: R. CREG-001-2006; Art. 1)
Equivalent to the Total Domestic Energy Demand for each of the months between December 1st and November 30th of the year following the Planning Period, plus a percentage to be set by CREG. The Total Domestic Energy Demand will correspond to the most recent Projection prepared by the Mining and Energy Planning Unit (UPME) for the Projection scenario selected by CREG. (Source: R. CREG-030-2008; Art. 1)

The Maximum additional demand (MW) required by a Co-generator connected to the National Interconnected System to cover 100% of its power needs. (Source: R. CREG-107-1998; Art. 1)

Sum of the Total Domestic Demand and the International Demand of Coordinated Economic Dispatch. (Source: R. CREG-001-2006; Art. 1)

The difference between the Quantity of Energy Delivered and the Quantity of Energy Taken by a Shipper in a Gas Day. (Source. R. CREG-071-1999; Chap. I. Item 1.1)

Planning, programming, supervision, and control process of the integrated operation of the National Interconnected System, under the responsibility of the National Dispatch Center (CND) in coordination with the Regional Dispatch Centers and the companies, carried out following the criteria and procedures established in the Operation Rules and Regulations, the Grid Code, and the National Operation Council’s (CNO) agreements. (Source: R. CREG-025-1995; Annex)

Process by which the hourly generation schedule of the National Interconnected System resources dispatched centrally is obtained for a 24-hour period. This dispatch is carried out with the criterion of minimizing the cost of meeting the demand. (Source: R. CREG-004-2003; Art. 3)

The Economic Dispatch that considers Short-Term International Electricity Transactions with other economically dispatched systems. (Source: R. CREG-004- 2003; Art. 3)

Ex post generation programming by the Commercial Exchanges System (SIC), in which the actual demand is met with the actual availability of the generation plants. This dispatch is made considering the price offers in the Power Exchange, the offers of Start-Stop Prices, the offers of the international connections and the technical characteristics of the plants or units to obtain the generation combination that results in the minimum cost to meet the total demand of the day, without considering the transmission grid. (Source: R. CREG – 160-2009; Art. 3)

Scheduling of generation resources for a twenty-four (24) hour period through daily optimization processes, having as reference the Preliminary Scheduled Dispatch, considering the technical characteristics of the generation plants and units and the Automatic Generation Control requirements, according to the regulations in force. (Source: R. CREG-004-2003; Art. 3)
The generation schedule actually carried out by the generators, which is determined based on measurements at the generators’ boundaries. (Source: R.
A maneuver that consists of opening the disconnectors adjacent to the breaker of a field that was previously opened. (Source: R. CREG-025-1995; Annex)
A change in the Inlet and/or Outlet Points with respect to the origin and/or initial or primary destination specified in the Transportation Agreement. That is, when a Shipper requests that its gas be taken from Inlet and/or Outlet Points different from those specified in the Agreement. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
Official day of the Republic of Colombia from 00:00 hours to 24:00 hours, during which the supply and transportation of gas takes place. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
When not otherwise specified, they shall be understood as calendar days. (Source: R. CREG-006-2003; Art. 1)
The total time over a given period during which a Use Asset was in service, or available for service. Availability will always be associated with the Nominal Capacity of the Asset, under normal operating conditions. (Source: R. CREG – 097- 2008; Art 1)
The capacity of the electrical infrastructure to be used in the provision of telecommunication services, defined by the Power Grid Operator or the Transporter, as applicable. (Source: R. CREG – 071- 2008; Art 1)
This is the maximum amount of net power (expressed as a whole value in MW) that a generator can supply to the system during the time interval determined for the Economic Dispatch or Redispatch, reported by the company that owns the generator. (Source: R. CREG-025-1995; Annex)
The maximum amount of net power (MW) that a generator can supply to the system during a given time interval. (Source: R. CREG-113-1998; Art. 1)

The average of the Monthly Average Availabilities of the immediately preceding calendar year. (Source: R. CREG-128-96; Art. 2 – R. CREG-042-1999; Art. 1)

The monthly average of the hourly commercial availabilities of power in the periods between 18:00 and 21:00 hours. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
The activity of transporting electrical energy through a network at voltages lower than 220 kV, whether exclusively or combined with other activities of the electricity sector, whichever is the main activity. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
The activity of transporting energy through a distribution network at voltages equal to or lower than 115 kv. Whoever carries out this activity is called an electrical energy distributor. (Source: R. CREG-108-1997; Art. 1)
The transportation of fuel gas through pipeline networks, from the City Gate Regulating Stations, or from a Distribution System to the connection of a user, in accordance with the definition of item 14.28 of Act 142 of 1994. (Source. R. CREG-011-2003; Art. 2)
Legal entity that operates and conveys electrical energy in a Regional Transmission System or in a Local Distribution System or that has organized a company whose purpose is the development of such activities. (Source: R. CREG-128- 1996; Art. 2 – R. CREG-042-1999; Art. 1)
Person in charge of the administration, commercial management, planning, expansion, operation and maintenance of all or part of the capacity of a distribution system. The assets used may be owned by such person or by third parties. (Source. R. CREG-011-2003; Art. 2)
Legal entity that operates and conveys electrical energy in a Local Distribution System and that has organized a company whose purpose includes the development of such activities. (Source: R. CREG-022-2001; Art. 1)
Departamento Nacional de Planeación
Document that contains the main technical parameters of the elements that constitute the National Interconnected System. It is updated at least seasonally based on the information reported by the companies to the National Dispatch Center (CND). This document must be updated by the CND and be available to the National Interconnected System companies. (Source: R. CREG-025-1995; Annex)

Fixed-Term Deposit Rate

E

A measure of productivity that expresses the relationship between the amount of a production factor used and the production obtained with it, measured in physical or monetary units. (Source. R. CREG-057-1996; Art. 1)
They represent the equipment and/or materials that make up the Constructive Units. (Source: R. CREG-026-1999; Art. 1)
Operation of gas storage in gas pipelines by means of operation pressure variations, allowing to modify temporarily the transportation capacity of a gas pipeline. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
Companies that meet the definition of Article 25 of the Code of Commerce, the industrial and trade companies of the State, and especially the public utilities companies referred to in Act 142 of 1994. (Source: R. CREG-024-1995; Art. 1)
Those regulated by Chapter 1 of Title 1 of Act 142 of 1994. (Source: R. CREG-128- 1996; Art. 2)
The amount of electrical energy, additional to the Firm Energy for the Reliability Charge, that a hydroelectric power plant is capable of delivering in the months of the period that will define the Firm Energy for the Reliability Charge. (Source: R. CREG-071-2006; Art. 2)
The additional energy produced by a Co-generator that has an associated constant power in a period of time, guaranteed by the agent, which is susceptible to be contracted in the long term. “Constant power in a period of time” is understood as the power of the cogeneration system that the respective agent registers with the Commercial Exchanges System Administrator (ASIC) and which will not be used, in any case, for its own consumption. This power is calculated as the difference between the effective capacity of the cogeneration system and the maximum power that the co-generator will reserve for its own consumption. (Source: R. CREG-107-1998, Art. 1)
The energy produced by the Co-generator that does not have a constant power associated and is the energy resulting from the fluctuations of its own consumption. (Source: R. CREG-107- 1998; Art. 1)
The incremental contribution of a company’s generation plants to the interconnected system, with a reliability of 95%, and calculated based on a methodology approved by the Commission and on the operational planning models used in the national interconnected system. (Source: R. CREG-053-1994; Art. 1)
The maximum electrical energy that a power plant is capable of delivering continuously, under low hydrology conditions, in a period of one year. (Source: R. CREG-071-2006; Art. 2)
The sum of the direct generation of a company and all the energy generated by the companies with which it has financial ties according to the commercial and tax legislation. In turn, direct generation is understood as a company’s generation produced with assets it owns or under its possession, holding, use, usufruct, or any other title that allows it to use assets to generate energy over which it has the power of disposal. (Source: R. CREG-020-1996; Art. 1)
The additional energy (MWh) that a Self-Generator connected to the National Interconnected System may require to cover 100% of its energy needs. (Source: R. CREG-084-1996; Art. 1)
The incremental contribution of energy and power from the power plants of a company to the National Interconnected System, with a reliability of 95%, and calculated based on a methodology approved by the Commission and the operational planning models used in the National Interconnected System. (Source: R. CREG-009-1994; Art. 1)
Set of lines and associated equipment, which connect the electrical systems of two (2) countries, and whose exclusive function is to transport energy for import or export, at Voltage Level 4 or higher. (Source: R. CREG-001-2006; Art. 1)
Son las personas autorizadas por el artículo 15 de la Ley 142 de 1994, para prestar los servicios públicos domiciliarios de energía eléctrica y gas combustible definidos en dicha ley. (Fuente: R. CREG-072-2002; Art. 1)
Set of devices to measure or record consumption. (Source: R. CREG-108-1997; Art. 1)
Equipment necessary for the National Dispatch Center (CND) and an agent of the National Interconnected System to connect to a Communications Channel. (Source: R. CREG-080-1999; Art. 1)
Period between May 1st and November 30th of any calendar year. (Source: R. CREG-071-2006; Art. 2)
Period between December 1st of any calendar year and April 30th of the immediately following calendar year. (Source: R. CREG-071-2006; Art. 2)
Pressure regulating station, where gas treatment and measurement tasks are carried out. This is the starting point of the networks that totally or partially conform a Distribution System and for the Distributor to assume custody of the fuel gas. (Source. R. CREG-011-2003; Art. 2)
Set of assets destined, among other aspects, to determine the volume, energy, and quality of gas, which interconnect a Producer-Seller with the National Transportation System. The Producer-Seller will be responsible for building, operating, and maintaining the Station. The International Interconnections for Imports, which are connected to the National Transportation System, will be considered a Producer-Seller. In the case of international exchanges, the traders involved agree on how to assume responsibilities over the Station. (Source: R. CREG-041-2008; Art. 2; R. CREG-071-1999; Chap. I. Item 1.1)
Set of assets destined, among other aspects, to determine the volume and energy of gas, which interconnect the National Transportation System with a Distributor, a Deregulated User, a Storage System, or any Regulated User (not located in exclusive service areas) served through a Retailer. The Agent benefiting from the services of such Station shall be responsible for building, operating, and maintaining the Station. (Source: R. CREG-041-2008; Art. 2; R. CREG-071-1999; Chap. I. Item 1.1)
Set of assets destined, among other aspects, to determine the volume, energy, and quality of gas, which interconnect two or more Transporters in the National Transportation System. The International Interconnections for Export, which are connected to the National Transportation System, will be considered a Transporter. The Transporter that requires the Station, to provide the respective service, shall be responsible for building, operating, and maintaining the station. (Source: R. CREG-041-2008; Art. 2; R. CREG-071-1999; Chap. I. Item 1.1).
Stations installed at custody transfer points and whose equipment sets and measuring instruments must comply with Colombian standards or, failing that, with those of AGA or ANSI, established for the manufacture, installation, operation and maintenance of equipment and instruments. These stations may be Inlet, Outlet or Between Transporter Stations. (Source: R. CREG-041-2008; Art. 2; R. CREG-071-1999; Chap. I. Item 1.1).
A state of operation that is close to the safety limits and that upon the occurrence of a contingency reaches a state of emergency. (Source: R. CREG-025-1995; Annex)
The state of operation reached when the safety limits of the power system are violated or when the demand cannot be fully met. (Source: R. CREG-025-1995; Annex)
Balance sheet, profit and loss statement, and statement of sources and use of funds. (Source: R. CREG-057-1996; Art. 1)
It is the percentage variation of the frequency for each unit of percentage variation of the load in a generator. (Source: R. CREG-025-1995; Annex)
The set of charges set forth in Resolution CREG-113 of 1996. (Source: R. CREG-031-1997; Art. 1)
Study that involves as a project the assembly of a substation or distribution transformer or a change of voltage to serve the user. It may be charged to the user in detail. (Source: R. CREG-225-1997; Art. 1)
A procedure through which, after a feasibility study of the connection and the respective project, the service provider determines the technical and operational conditions under which it is in a position to supply the energy service. This is part of the Particularly Complex Connection Study. (Source: R. CREG-225- 1997; Art. 1)
The period prior to the start of commercial operation of an equipment of the National Interconnected System, or of existing equipment when it enters into operation after a prolonged overhaul. The start date of commercial operation is defined by the owner company. (Source: R. CREG-025-1995; Annex)
Situation that causes the partial or total unavailability of a Regional Transmission System or Local Distribution System Use Asset (Source: Resolution CREG – 097 – 2008; Art 1).
Those that occur suddenly and cause an operational effect on the Grid Operator System and may or may not cause effects on the operation of the National Interconnected System. (Source: R. CREG-070-1998; Annex)
Events planned by the Grid Operator that cause an operational effect on the Grid Operator System and may or may not cause effects on the operation of the National Interconnected System (Source: R. CREG-070-1998; Annex).

F

Study carried out by the Power Grid Operator or by the Transporter, which allows determining the possibility of the safe and reliable use of the electrical infrastructure for the provision of one or several telecommunication services. (Source. R. CREG-071-2008; Art. 1)
The ratio between the volume transported in a given year and its corresponding Maximum Capacity Demand multiplied by a factor of 365. (Source. R. CREG-001-2000; Art. 2)
The ratio between the Expected Volume Demand in a given year of the Projection Horizon and its corresponding Expected Capacity Demand multiplied by a factor of 365. (Source. R. CREG-001-2000; Art. 2 – R. CREG-8-2000; Art. 1)
The existing ratio between the Maximum power demand of a system and the sum of the Maximum power demands of the subsystems that conform it. (Source: R. CREG-025-1995; Annex)
Multiplier factor applicable to the FOB cost of a Constructive Unit, which involves all those additional costs and expenses incurred for the commissioning or start-up of the corresponding Constructive Unit. It is expressed as a percentage of the FOB cost. (Source: R. CREG-026-1999; Art. 1)
An indicator of the utilization of a gas pipeline or group of pipelines in relation to its maximum potential utilization. The Utilization Factor is defined as the ratio between the sum of the present values of the Expected Volume Demands of each year, in the Projection Horizon, and the sum of the present values of the Maximum Medium-Term Transportation Capacities of a pipeline or group of pipelines, in the Projection Horizon, multiplied by a factor of 365. Said present values shall be calculated using the Average Rate of Remunerated Capital Cost for Capacity Services, defined for the transportation company. (Source. R. CREG-008-2001; Art. 1)
Ratio between the energy effectively produced and the Maximum possible energy to be generated, using the Net Effective Capacity to determine it, during the same period of time and expressed per unit. (Source: R. CREG-116-1996; Annex 4 – R. CREG-074-2002; Art. 1)
Numerical coefficient by which the value of a main hydrological series is multiplied to obtain the value of a minor series. (Source: R. CREG-111-2000; Art. 1)
The bill that a public service provider delivers or sends to the user, for the consumption and other inherent services rendered, in the development of a public service agreement. In the case of prepaid consumption, it is the act of charging, at the user’s request, an amount of energy or gas that the user wishes to pay in advance. (Source: R. CREG-108-1997; Art. 1)
Set of activities carried out to issue the bill, which includes reading, determining consumption, prior review in case of abnormal consumption, settlement of consumption, and preparation and delivery of the bill. (Source: R. CREG-108-1997; Art. 1)
Process carried out by the Commercial Exchanges System Administrator and the Account Liquidator and Manager to issue the Bill corresponding to the month prior to the issuance of the documents or for periods prior to it. (Source: R. CREG-084-2007; Art. 1)
Reference date in which the Maximum Regulated Revenue is calculated, which corresponds to December 31st of the year prior to the first year of the Tariff period. (Source: R. CREG-081-2007; Chapter I )
December 31st of the year immediately prior to the date of filing the request for costs and charges (Source: Resolution CREG – 097- 2008; Art 1).
The day from which the Effective Period of the Firm Energy Obligation of a plant or generation unit begins. (Source: R. CREG-061-2007; Annex, Article 2 )
Deadline for the registration procedure of the commercial border or contract, defined in this Resolution, by an agent to participate in the settlements of commercial transactions in the wholesale market. This is considered as the date of entry into Commercial operation of the border or contract and is considered the date from which the Commercial Exchanges System Administrator includes them in the settlement of Wholesale Market transactions. (Source: R. CREG-006-2003; Art. 1)
Phenomenon that originates the transitory distortion of the voltage waveform, with respect to its standard form. It is said that there is a discontinuity of service when the voltage does not follow the standard waveform. (Source: R. CREG-024-2005; Art. 1)
One of the criteria used to evaluate the business feasibility of an entity or activity, whose exact definition, calculation, and respective use is presented in Annex 1 of CREG Resolution 038 of 1996. (Source: R. CREG-038-1996; Art. 1)
Shape in time of a pure sine wave of constant amplitude, equal to the nominal voltage, and at a frequency of 60 Hz. (Source: R. CREG-024-2005; Art. 1)
Form designed by the Commercial Exchanges System Administrator and used by the agents in their application to register commercial borders or contracts, which must have attached the necessary information and documents to include the registration in the Wholesale Market settlements, according to the regulations in force. (Source: R. CREG-006-2003; Art. 1)
Format designed by the Commercial Exchanges System Administrator and that is mandatory for the participants to submit the offers, complying with the offer requirements established in this Annex. (Source: Annex 12 R. CREG – 071- 2006. 12.2. Amended by R. CREG – 040- 2008)
Particular set of criteria and methods subject to the General Tariff Formula, summarized by means of a Formula, by virtue of which each Retailer may periodically modify the tariffs charged to its Regulated Users. Any reference to the Tariff Formula of a company shall be understood as the Specific Tariff Formula. (Source: R. CREG-091-2007; Art. 2)
General set of criteria and methods by virtue of which the average cost per unit is determined for electricity retailers that serve Regulated Users. (Source: R. CREG-091-2007; Art. 2)
General set of criteria and methods by virtue of which the average cost per unit is determined for electric electricity retailers that serve Regulated Users. (Source: Resolution CREG – 161-2008; Art 3)
The equations that allow calculating the cost of providing the service, based on the economic cost structure, regardless of subsidies or contributions. (Source: R. CREG-031-1997; Art. 1)
The equations that allow calculating the cost of providing the service, based on the economic cost structure. (Source: R. CREG-112-1996; Art. 1)
The result of subtracting the Maximum Average Annual Energy Demand from the Average Annual Availability. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
The frequency with which scheduled maintenance is carried out to the equipment of the National Interconnected System. It is measured in hours of operation. (Source: R. CREG-025-1995; Annex)
The frequency with which the results of each of the methodologies necessary to carry out the planning of the operation of the National Interconnected System must be updated. (Source: R. CREG-025-1995; Annex)
The commercial border between the Grid Operator or the Retailer and the User is defined as the connection points of the metering equipment, from which the latter is responsible for the consumption and operating risks inherent to its internal network (Source: R. CREG-070-1998; Annex).
It is the commercial border of a user or Embedded Generator that connects to the National Interconnected System by third-party connection assets through a Main Border. (Source: R. CREG-122-2003; Art. 1)
It is the commercial border of a Deregulated User from which the commercial border and the connection assets to the National Interconnected System of an Embedded Generator, of a user or of several of the above are connected. (Source: R. CREG-122-2003; Art. 1)
Solidarity and Income Redistribution Fund
** See ACPM ** (Source: R. CREG-091-2007; Art. 2)
Fuel made from residual products obtained from oil refining processes. It has a minimum calorific value of 41500 Kj/Kg measured according to ASTM D 4868. (Source: R. CREG-091-2007; Art. 2)
Set of pairs that relate amounts of Firm Energy expressed in kilowatt-hours (kWh) and the respective prices, expressed in dollars per kilowatt-hour (US$/kWh), that the system is willing to acquire in the Auction process, and that has been previously announced to the Auction participants. (Source: R. CREG-071-2006; Art. 2)
Set of pairs that relate the amounts of Firm Energy for the Reliability Charge expressed in kilowatt-hours (kWh) and the respective prices expressed in dollars per kilowatt-hour (US$/kWh), that each of the generators participating in the Auction is willing to commit. For each generator, the offer expressed in kilowatt-hours (kWh) may not exceed the sum of the Firm Energy for the Reliability Charge of the plants and/or generation units commercially represented by it, nor allocate to the Firm Energy for the Reliability Charge of a plant and/or generation unit more than one price. (Source: R. CREG-071- 2006; Art. 2)

g

Corresponds to the Participant(s) that bid in the round that ended the auction. (Source: R. CREG-095-2008; Art. 1)
Instrument by means of which a financial institution duly authorized by the Financial Superintendence unconditionally and irrevocably guarantees the payment of the obligations indicated in these Regulations. The guarantee shall be payable at sight and upon the first written demand in which XM S.A. E.S.P., as Commercial Exchanges System Administrator, informs that the Agent or Interested Legal Entity has not complied with the obligations subject of the guarantee. The form and execution of this guarantee shall be governed by the applicable rules of the Code of Commerce and by the other applicable provisions. (Source: R. CREG-094-2007; Article 2)
Any gas belonging to one of the three families of fuel gases (manufactured gases, natural gas, and liquefied petroleum gas) and whose characteristics allow its use in gas appliances, as established in the Colombian Technical Standard NTC-3527, as amended, complemented, or replaced. (Source. R. CREG-011- 2003; Art. 2)

It is a mixture of light hydrocarbons, mainly methane, found in the reservoirs in free form or associated to oil. Natural Gas, when required, must be conditioned or treated to meet the gas quality conditions established by the CREG. (Source. R. CREG-011-2003; Art. 2)

Any gas or vapor, innate in the formation, and produced in a reservoir classified as oil, as well as any gas extracted from the gas layer of an oil reservoir. The Ministry of Mines and Energy determines whether the gas in a field, reservoir or well is associated or not. (Source: R. CREG-023-2000; Art. 1).
Natural gas whose pressure is increased through a compression process and is stored in high resistance containers. (Source. R. CREG-011-2003; Art. 2)
It is a mixture of hydrocarbons, mainly methane, whose pressure is increased through a compression process and is stored in high resistance cylindrical containers, to be used in motor vehicles. (Source: R. CREG-08-1998; Art. 1).
It is that natural gas that is produced in fields where it is not found together with oil. The Ministry of Mines and Energy determines when the gas from a field, reservoir or well is or is not free or non-associated. (Source. R. CREG-023-2000; Art. 1)
The set of pipes and accessories owned by an individual or business entity that allows the conveyance of gas independently and exclusively for a single consumer from a production field, the National Transportation System, a distribution system, a storage system, or from an International Interconnection. (Source. R. CREG-126-2010; Art. 2)
Administration, operation, and maintenance expenses of the regulated activities of the National Dispatch Center, Commercial Exchanges System Administrator and Account Liquidator and Manager. (Source: R. CREG-082-2007; Chapter I )
The plant’s generation measured by meters installed at the generator’s terminals. (Source: R. CREG-025-1995; Annex)
Forced generation required to supply the Electrical or Operational Restrictions of the National Interconnected System. (Source: R. CREG-063-2000; Art. 1)
Forced generation required to supply the Electrical or Operational Restrictions of the National Interconnected System, whose offer price is higher than the power exchange price. (Source: R. CREG-063-2000; Art. 1)
The minimum generation required to support the voltage and alleviate overloads in any area of the National Transmission System, Regional Transmission System or Local Distribution System. (Source: R. CREG-025-1995; Annex)
The generation delivered by a plant to the National Interconnected System at the connection point. (Source: R. CREG-025-1995)
An individual or business entity that produces electricity and has at least one plant and/or generation unit connected to the National Interconnected System, whether it carries out this activity exclusively or in combination with one or more other activities of the electricity sector, whichever is the main activity. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
A consumer of more than 500 mscfd until December 31, 2001, of more than 300 mscfd until December 31, 2004, and of more than 100 mscfd from January 1, 2005; measuring the demand in a single individual delivery site. (Source: R. CREG-057-1996; Art. 1).
Tax on financial transactions defined in Article 1 of Act 633 of 2001, or as amended or replaced. (Source: R. CREG-092-2004; Art. 1)
Set of GPPS having the same number of years of seniority of allocations of Firm Energy Obligations (Source: Annex 12 Resolution CREG – 071 of 2006. 12.2. Amended by Resolution CREG – 040 of 2008).

H

The number of hours that a National Interconnected System equipment remains out of service due to failures. (Source: R. CREG-025-1995; Annex)
The number of hours that a National Interconnected System equipment remains out of service due to scheduled maintenance. (Source: R. CREG-025-1995; Annex)
Period of time fixed at 20 years used to simulate the behavior of the demand variables and administration, operation and maintenance expenses associated to the use of the Base Investment, in the tariff methodology. (Source: R. CREG-011-2003; Art. 2).
The period of time covered by each of the stages of Operational Planning called Long Term, Medium Term, Short Term and Very Short Term. The horizon of the Long Term is five years, the Medium Term is five weeks, the Economic Dispatch is 24 hours, and the Very Short Term is from the current hour until the end of the day. (Source: R. CREG-025-1995; Annex)
Voltage fluctuation characterized by producing a (Source: R. CREG-024-2005; Art. 1)

I

International Community Electrical Association

Colombian Institute of Technical Standards

International Electrotechnical Commission

Institute of Electrical and Electronics Engineers
Non-compliance with the construction or start-up or repowering schedule, as applicable, of a plant and/or generation unit, which allows predicting that the start-up or repowering of the plant or generation unit will occur after the Start Date of the Effective Period of Obligations, certified by the auditor appointed for such purpose according to the provisions of Article 8 of CREG Resolution 071 of 2006. (Source: R. CREG-061-2007; Annex, Art. 2)
These shall be the events of non-compliance established in Article 13 of the Guarantee Rules and Regulations. (Source: R. CREG-061-2007; Annex, Art. 2)
A figure that establishes the level or evolution of a quantity that reflects the status of a system. (Source: R. CREG-024-2005; Art. 1)
A quantitative measure that allows for the diagnosis, follow-up, and periodic evaluation of the provider entity’s management variables, by comparing them with their corresponding parameters or benchmarks. (Source: R. CREG-072-2002; Art. 1)
A statistical measure that makes explicit the changes occurred in a variable or group of variables over time. It is presented in the form of a percentage, resulting from the division between the absolute values of the variable or group of variables and another fixed value, which is taken as a basis for comparison or reference to determine the percentage movement of the variable or group of variables. (Source: R. CREG-112-2001; Art. 1)
Discontinuity Index that refers to the average amount of Energy Not Supplied for each unit of Energy Supplied by a Grid Operator during the year of evaluation, which is obtained as the average of the Quarterly Clustered Discontinuity Index (ITAD) of the respective year (Source: R.CREG – 097- 2008; Art 1).
The percentage of total time over a given period, during which a National Transmission System Connection or National Transmission System Use Asset was in service or available for service. For the purposes of application of this Resolution, some Unavailabilities are excluded for the calculation of this Index. (Source: R. CREG-061-2000; Art. 1)
Index that allows measuring the variations in the prices of the components of the Tariff Formulas. (Source: R. CREG-112-2001; Art. 1)
Consumer price index, national total, reported by the National Administrative Department of Statistics (DANE). (Source: R. CREG-001-2000; Art. 2)
Discontinuity Index that refers to the average amount of Energy Not Supplied (ENS) for each unit of Energy Supplied (ES) by Grid Operator during the period used as reference (Source: R. CREG – 097- 2008; Art 1).
Discontinuity Index that refers to the average amount of Energy Not Supplied (ENS) for each unit of Energy Supplied (ES) by a Grid Operator during the evaluation quarter. (Source: R.CREG – 097 of 2008; Art 1)
The equivalent time over a given period during which a National Transmission System Connection or National Transmission System Use Asset was available but with reduced capacity. It is understood that an asset is partially unavailable when it is not fully available for service, regardless of whether its function is being supplied by another asset of the National Interconnected System. (Source: R. CREG-061-2000; Art. 1)
The unavailability in (p.u.) for each generating unit of its effective capacity attributable to scheduled maintenance during the last three years. It is revaluated seasonally and is used to calculate the Short-Term Unavailability Index (ICP). (Source: R. CREG-025-1995; Annex)
The total time over a given period during which a National Transmission System Connection or National Transmission System Use Asset was not in service or available for service. It is understood that an asset is unavailable when it is not available for service, regardless of whether its function is being supplied by another asset of the National Interconnected System. (Source: R. CREG-061-2000; Art. 1)
A Cogeneration System is inflexible when its technical characteristics cause it to generate in one hour more energy than that required by its productive process. (Source: R. CREG-107-1998; Art. 1)
A unit is inflexible when the technical characteristics of the unit cause it to generate in one hour even though its offer price is higher than the marginal cost of the system, or when after the closing time of the offers and before the period for reporting changes for redispatch the generator informs that due to its technical characteristics the unit is inflexible. (Source: R. CREG-112-1998; Art. 16)
A statistical measure that makes explicit the changes occurred in a variable or group of variables over time. It is presented in the form of a percentage, resulting from the division between the absolute values of the variable or set of variables and another fixed value, which is taken as a basis for comparison or reference to determine with respect to it the percentage movement of the variable or group of variables. (Source: R. CREG-112-2001; Art. 1)
Hydrological information of the contributions of the branches of the National Interconnected System evaluated and approved by the procedure for verification of parameters established by the National Operation Council in Meeting Minutes 074 of July 16, 1998, and the agreements that amend or replace it. For the hydrologic series that to date have not been submitted to this procedure, the official hydrologic information of the National Interconnected System is the hydrologic information available to the National Dispatch Center before July 16, 1998. For the Hydrological series of new projects being submitted to the approval procedure of the National Operation Council, the Official Hydrological information of the National Interconnected System shall be the information reported in the respective Technical Committees or Subcommittees of the National Operation Council, or otherwise the reported for the 1999 Capacity Charge. (Source: R. CREG-071-2006; Art. 2)
The electrical infrastructure includes the ducts and poles used in the provision of the residential public service of electrical energy, at voltage levels I, II and III . (Source: R. CREG-144-2001; Art. 1)
Building classified in socioeconomic strata 1, 2 & 3, with a common entrance from the street, which houses three or more households that share household utilities and sanitary services. (Source: R. CREG-108-1997; Art. 1)
Includes the regulator and non-metallic flexible piping, hoses and/or flexible connectors, used in installations of gas appliances that use LPG. (Source: Res. CREG-023/08, Art. 1).
Equipment and networks used by the Agent from the Connection, which may include filters, odorizers, compressors, control valves and verification meters, which are not part of the National Transportation System. (Source: R. CREG-071-1999; Chapter I. Item 1.1).
It is the set of networks, accessories and equipment that integrate the electrical energy supply system to the building from the meter. For horizontal property buildings or joint ownerships, and in general, for Closed Real Estate Units, it is the system of electrical energy supply to the building from the general cut-off register, if any (Source: R. CREG-070-1998; Annex).
Set of lines and/or associated equipment, whose exclusive use is the import and/or export of Energy, regardless of the operating voltage level. (Source: R. CREG-063-2000; Art. 1)
For the purposes set forth in this Resolution regarding the generation of electricity based on natural gas by a natural gas transportation company or a natural gas production company, the economic interest shall be determined as follows: a. When these companies, their parent companies, subsidiaries, or related parties are party to a contract to share profits or reduce costs or to any kind of risk-sharing contract with natural gas-based generating companies, or b. When these companies have: * Shares, quotas, or ownership percentage higher than 25% in the share capital of the natural gas-based electricity generating company. * Credits charged to the natural gas-based generating company under more favorable conditions than those prevailing in the market. * Any influence in the determination of the price or services offered by the natural gas-based generating company. The companies referred to in this article shall provide the Commission, upon request, a certificate evidencing compliance with the obligations not to do set forth in this article.
Investment recognized by the CREG and which corresponds to a dimensioning consistent with the Regulatory Utilization Factor of the pipeline, with the Expected Capacity and Volume Demand and with efficient costs comparable with other similar pipelines or other evaluation criteria available to the CREG. The Base Investment shall consider the safety standards established by the Ministry of Mines and Energy, the Standard Natural Gas Transportation Regulations and the applicable standards issued by competent authorities. (Source. R. CREG-001-2000; Art. 2)
Set of own assets of the operation and other assets recognized in the last tariff revision, plus the efficient investments effectively executed in the last Tariff period, updated to the Base Date. (Source. R. CREG-007-2001; Art. 1)
Any individual or business entity that directly or indirectly participates in the share capital or is owner or co-owner of a Company. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
Total National Producer Price Index

L

Tariff regime through which the Energy and Gas Regulation Commission establishes the criteria and methodology according to which the companies that provide the residential public service of electricity may determine or modify the cap prices that they will charge to the regulated end users for said service. Such criteria and methodologies are expressed by means of the Formulas contained in CREG Resolution 031 of 1997. (Source: R. CREG-031-1997; Art. 1)
The maximum acceptable level of risk in the supply of energy demand. This level of risk is measured with the expected energy rationing value index (VERE), expressed in terms of percentages of the monthly energy demand and has a value of 1.5%, obtained as the maximum value by which the energy demand can be reduced by reducing voltage and frequency, without disconnecting circuits. Additionally, there is the conditioned energy rationing expected value index (VEREC), corresponding to the expected value of rationing when it occurs, whose limit value is 3% of the energy demand, and the number of cases with rationing, whose limit is 5 cases. (Source: R. CREG-025-1995; Annex).

Entity in charge of the Liquidation and Management of Accounts for the usage charges of the networks of the National Interconnected System assigned to it and of calculating the regulated income of the transporters, in accordance with the provisions of the Regulation in force. (Source: R. CREG-092-2004; Art. 1 – R. CREG- 097-2008; Art. 1)

Institute of Electrical and Electronics Engineers

M

The periodic check and repair of all devices and networks involved in the public lighting service, to guarantee an efficient and effective service to the community of the municipality. (Source: R. CREG-043-1995; Art. 1)
Maintenance of Regional Transmission System Use Assets that is performed once every six (6) years and requires a time greater than the Maximum Annual Hours of Unavailability set for such Assets. (Source: R.CREG – 097- 2008; Art. 1)
The maintenance of equipment reported by the companies to the National Dispatch Center no less than one week prior to the maintenance start date, approved by the National Dispatch Center according to the weekly coordination of equipment maintenance. Lock outs/tag outs and/or modifications made in the maintenance schedule with less than one week in advance and Emergency Lock Outs/Tag Outs are not Scheduled Maintenance. (Source: R. CREG – 159- 2008; Art 1)
Document containing the most relevant commercial and operational information and procedures used by each Transporter. (Source: R. CREG-071- 1999; Chap. I. um. 1.1)
Maximum value recognized to the Seller for the purchase management and subsequent sale to other Retailers of gas destined to regulated users. (Source. R. CREG-112-2007; Art. 1)
Condition of the Offer that indicates the maximum Firm Energy, per plant or GPPS unit, that the Participant is willing to commit, in addition to the Firm Energy Obligations previously assigned to it, from the GPPS years for which it submits an offer for Firm Energy Obligations allocations. (Source: R.CREG – 056 – 2008; Art 1)
Ministry of Economic Development
The device that measures the maximum demand and consumption of active or reactive energy or both. The measurement of energy can be made in function of time and may or may not include data transmission devices. (Source: R. CREG-070-1998; Annex)
Energy device connected to the network through voltage and/or current transformers. (Source: R. CREG-108-1997; Art. 1)
Device that registers the volume of gas that has passed through it. (Source: R. CREG-108-1997; Art. 1)
Measuring equipment or device that allows the control of the delivery and registration of consumption to the subscriber or user, of an amount of electrical energy or fuel gas paid in advance. (Source: R. CREG-108-1997; Art. 1 – R. CREG-096-2004; Art. 1)
Wholesale Electricity Market
The set of generators and traders insofar as they buy and sell electrical energy among themselves. It also includes deregulated users and those who supply them with electricity. (Source: R. CREG-131-1998; Art. 1)
Set of Regulated and Deregulated Users connected to the same Regional and/or Local Distribution System, served by the same Grid Operator, and those connected to the National Transmission System of the Area of influence of the respective Grid Operator. (Source: R.CREG – 097- 2008; Art 1)
The electricity market where deregulated users and those who supply them with electricity participate. (Source: R. CREG-024-1995; Art. 1)
Set of information exchange systems between generators and traders of large blocks of electrical energy in the national interconnected system, to make contracts on defined quantities and prices, subject to the Operation Rules and Regulations and other applicable rules. (Source: R. CREG-086-1996; Art. 1)
The electricity market where the regulated users and those who supply them with electricity participate. (Source: R. CREG-024-1995; Art. 1)
Set of users connected to the same Local Distribution System or served without a physical network by a Distributor. (Source: R. CREG-091- 2007; Art. 2)
Set of users belonging to a municipality or group of municipalities, for which the CREG establishes charges for the use of the Distribution System to which they are connected. (Source. R. CREG-011-2003; Art. 2)
The electricity market where the regulated users and those who supply them with electricity participate. (Source: R. CREG-024-1995; Art. 1)
The natural gas and transportation capacity market where Shippers with Secondary Available Capacity and/or Agents with Gas Supply Rights may freely trade their contractual rights. (Source: R. CREG-071-1999; Chapter I. Item 1.1).
Bilateral market where the generators negotiate among themselves a Backup Agreement to guarantee, during a determined period of time, the partial or total compliance of the Firm Energy Obligations undertaken by one of them. (Source: R. CREG-071-2006; Art. 2)
Remuneration methodology through which the Commission establishes, for each Grid Operator, the income required to remunerate the use assets of Voltage Level 4 and the National Transmission System Connection Assets, and which are used to calculate the Regional Transmission System charges. (Source: R. CREG-008-2003; Art. 1)
Remuneration methodology through which the Commission establishes the income required by each Grid Operator to remunerate the assets of use of Voltage Level 4 and which are used to calculate the Regional Transmission System charges. (Source: R.CREG – 097- 2008; Art. 1).
Remuneration methodology through which the Commission approves, for each Grid Operator, the maximum charges per unit of Energy transported in Voltage Levels 1, 2 and 3 of its system. ( Source: R.CREG – 097 -2008; Art 1)
Ministry of Finance and Public Credit
The connection of an end user to the system of a Grid Operator at a higher voltage level than the one previously connected (Source: Resolution CREG – 097 – 2008; Art 1).
Condition of the Offer that indicates the minimum value of Firm Energy, per plant or GPPS unit, that the Participant is willing to commit in the total allocation of Firm Energy Obligations. (Source: Annex 12 R. CREG – 071- 2006. 12.2. Amended by R. CREG – 040- 2008)
Ministry of Mines and Energy
Computational model published by the CREG through Letter 064 of 2006 to calculate the Firm Energy for the Reliability Charge according to the Methodology established in CREG Resolution 071 of 2006, as amended, complemented, or replaced. (Source: R. CREG-080-2007; Art. 1)
The frequency regulation mode in which more than one generating agent (Plant or Regional Dispatch Centers) shares the secondary regulation of the frequency, with participation factors resulting from the application of the procedure established in Annex CO-4. (Source: R. CREG-025-1995; Annex – R. CREG-198-1997; Art. 2)
In the context of CREG Resolution 026 of 1999, “MODULE” means the set of capacitive or reactive compensation equipment and associated equipment connected to compensation bays. (Source: R. CREG-026-1999; Art. 1)
Set of common equipment serving an entire substation, such as auxiliary services, busbar protection, common SCC, etc. (Source: R. CREG-026-1999; Art. 1)

N

National Electric Manufacturers Association

Elevation of the water surface in the reservoir defined for flood regulation. (Source: R. CREG-116-1996; Annex 4 – R. CREG-074-2002; Art. 1)
Reservoir level calculated according to Article 3 of CREG Resolution 080 of 2007. (Source: R. CREG-080-2007; Art. 2)
Maximum elevation of the water surface of the reservoir defined by the level of the spillway crest, or the upper level of gates, or below it, if there is any restriction in the hydraulic structure. (Source: R. CREG-116-1996; Annex 4 – R. CREG-074-2002; Art. 1)
The volume of water resulting from the difference between the useful volume and the standby volume. (Source: R. CREG-025-1995; Annex)
Elevation of the water surface corresponding to the lower level of the intake structure. (Source: R. CREG-116-1996; Annex 4 – R. CREG-074-2002; Art. 1)
An operating limit of a reservoir, below which the offer price of the associated plants must be higher than the highest offer price of the National Interconnected System in each hour. (Source: R. CREG-025-1995; Annex)
An operating limit of a reservoir, below which the stored energy is only allowed to be used if all thermal units are dispatched. (Source: R. CREG-025- 1995; Annex)
Elevation of the water surface in the reservoir up to which its water can be used, complying with safety conditions in the hydraulic structures and in the generation facilities, for full load of all units. (Source: R. CREG-116-1996; Annex 4 – R. CREG-074-2002; Art. 1)
The Regional and/or Local Distribution transmission systems are classified by levels, based on the nominal voltage of Operation, according to the following definition: Level 4: Systems with rated voltage greater than or equal to 57.5 kV and less than 220 kV. Level 3: Systems with rated voltage greater than or equal to 30 kV and less than 57.5 kV. Level 2: Systems with rated voltage greater than or equal to 1 kV and less than 30 kV. Level 1: Systems with rated voltage less than 1 kV. ( Source: R.CREG – 097- 2008; Art 1)
These are monthly levels of reservoirs that constitute an energy reserve to cover predetermined reliability conditions. (Source: R. CREG-025-1995; Annex)
The point where several elements of an electrical system are physically connected. Normally it is the busbar of a substation. (Source: R. CREG – 097- 2008; Art 1)
The point that connects a production field to a transmission system. (Source: R. CREG-057-1996; Art. 1)
The point where gas is extracted from a transportation system. (Source. R. CREG-057-1996; Art. 1)
Points of connection to the National Interconnected System of the International Connections, used as a reference for price comparison purposes for international electricity transactions. (Source: R. CREG-004-2003; Art. 3)
The daily service request for the following Gas Day, submitted by the Shipper to the respective Main Control Center, which specifies the Quantity of Energy to be transported on an hourly basis, or daily in the case of Distributors, the calorific value of the gas, as well as the Inlet and Outlet Points. This request is the basis for preparing the Transportation Program. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
The daily request for gas supply for the following Gas Day, submitted by the Shipper to the respective Producer-Seller or Retailer, which specifies the Quantity of Energy to be delivered on an hourly basis, or daily in the case of Distributors. (Source: R. CREG-071-1999; Chap. I. Item 1.1).
It consists of the adaptation of the elements that make up the connection of a User, to make them comply with the minimum technical requirements and the general conditions related to the measurement, established by CREG Resolution 070 of 1998, as amended, complemented, or replaced. In the process of Standardizing a User’s Connection, the regulatory provisions in force related to such activity shall be observed. (Source: R. CREG-120-2001; Art. 2)
It consists of the adaptation of a Substandard Circuit, to make the elements associated with it comply with the minimum technical requirements established by CREG Resolution 070 of 1998, as amended, complemented, or replaced. In the process of Standardizing a Sub-Normal Circuit, the regulatory provisions in force related to such activity shall be observed. (Source: R. CREG-120-2001; Art. 2)
Colombian Technical Standard.
It is the number of times in which a generation unit has presented forced outages within the analyzed period. (Source: R. CREG-025-1995; Annex)
Set of common equipment serving an entire substation, such as auxiliary services, busbar protection, common SCC, etc. (Source: R. CREG-026-1999; Art. 1)

o

Link resulting from the or the mechanism that takes its place, which imposes on a generator the duty to generate, in accordance with the Ideal Dispatch, a daily amount of energy during the Period of Validity of the Obligation, when the Power Exchange Price exceeds the Scarcity Price. This amount of energy corresponds to the hourly generation schedule resulting from the Ideal Dispatch up to an amount equal to the allocation made in the Auction, considering only the Domestic Demand, calculated as defined in CREG Resolution 071 of 2006. (Source: R. CREG-071-2006; Art. 2)
The obligation resulting from the Competitive Process that imposes on an agent the duty to provide the service of one or several activities of the electricity service in an Exclusive Service area during the Effective Period, as previously defined in said Competitive Process. (Source: R.CREG – 160 – 2008; Art 2)
Corresponds to the amount of natural gas that each Participant is willing to purchase in the Auction exercise. (Source: R. CREG-095-2008; Art. 1)
Price and quantity offer submitted in a closed envelope by an agent with GPPS to the Commercial Exchanges System Administrator (ASIC). The price must be equal or lower than the PMGPPS and the quantity of ENFICC equal or lower than the one previously declared, in accordance with the provisions of the applicable regulation. (Source: Annex 12 R.CREG – 071 – 2006; 12.2. Amended by R. CREG – 040 – 2008).
The form of operation in which the generation resources centrally dispatched are used to cover the demand complying with the adopted criteria of safety, reliability and quality of service, and merit order dispatch. (Source: R. CREG-025-1995; Annex)
Person in charge of planning the expansion, investments, operation and maintenance of all or part of a Regional Transmission System or Local Distribution System, including its connections to the National Transmission System. The assets may be self-owned or third-party owned. For all purposes, they are the companies that have Regional Transmission System or Local Distribution System Usage Charges approved by CREG. The Grid Operator must always be a residential public utilities company. The minimum unit of a Local Distribution System or Regional Transmission System to request Usage Charges corresponds to a Municipality. (Source: R.CREG – 097- 2008. Art 1)
The person in charge of the administration, operation and maintenance of a gas pipeline or group of pipelines whose assets may be self-owned or third-party owned. The Grid Operator may or may not be a Transporter. (Source. R. CREG-084-2000; Art. 1)
The “Economic Operator” is identified as the agent authorized by the regulation in force to receive remuneration for the use of an asset (Use Assets – Usage Charges and Connection Assets – Connection Contract). (Source: R. CREG-074-1999; Art. 1)
Ordering based on the generators’ offer prices. (Source: R. CREG-024-1995; Art. 1)

Corresponds to the following variable costs calculated by the Commercial Exchanges System Administrator, expressed in COP/MWh:

– CEE (CERE);

– FAZNI;

– Contributions Act 99 of 1993;

– Unit Cost per AGC Service, deducting the corresponding part of the negative reconciliation, as defined in Article 3 of CREG Resolution 063 of 2000, proportional to the agent’s scheduled generation (estimated and then corrected with actual allocation). (Source: R. CREG-044-2020; Art. 9)

P

Type of contract in which the trader commits to pay for all the contracted energy, regardless of whether it is consumed or not. If the consumption is greater than the contracted energy, the difference is paid at the price of the corresponding Power Exchange, depending on whether the transactions are domestic or international. If the consumption is less than the contracted energy, this surplus is paid to the trader at the price of the corresponding Power Exchange, depending on whether the transactions are domestic or international. (Source: R. CREG-024-1995; Annex A-3 – R. CREG-112-1998; Art. 11)
Type of contract in which the purchasing agent only pays (at the contract price) for its consumption, as long as it is less than or equal to the quantity of energy contracted (Maximum Cap). If the consumption is higher, the difference is settled at the price of the corresponding Power Exchange, depending on whether the transactions are domestic or international. (Source: R. CREG-024-1995- Annex A-3 – R. CREG-112-1998- Art. 11)
A set of transportation charges that allow the recovery of investment costs distributed between a fixed charge and a variable charge in different proportions. (Source. R. CREG-001-2000- Art. 2)
Impression of instability of the visual sensation caused by a luminous stimulus, whose luminosity or spectral distribution fluctuates over time. (Source: R. CREG-024-2005; Art. 1)
Set of generation units with which a Relevant Trade Market is served. (Source: R. CREG-091-2007; Art. 2)
Person in charge of planning the expansion, investments, operation, and maintenance of all or part of a Regional Transmission System or Local Distribution System, including its connections to the National Transmission System. The assets may be self-owned or thirty-party owned. For all purposes, they are the companies that have Regional Transmission System or Local Distribution System Usage Charges approved by CREG. The Grid Operator must always be a residential public utilities company. The minimum unit of a Local Distribution System or Regional Transmission System to request Usage Charges corresponds to a Municipality. (Source: R.CREG – 097- 2008. Art 1)
The part of the Generation, Distribution, or Trade Market that is directly or indirectly served by a Company, as determined in CREG Resolution 128 of 1996. (Source: R. CREG-128-1996; Art. 2 – R. CREG-042-1999; Art. 1)
Agent or legal entity with power plants that meet the requirements established in this Resolution and in the resolution referred to in Article 18 thereof, as amended, complemented, or replaced, to be qualified as GPPS, and that is interested in receiving a certain amount of allocation of firm energy obligations in accordance with the provisions of the regulations in force. (Source: Annex 12 R. CREG – 071 – 2006; 12.2. Amended by R. CREG – 040 – 2008).
Standard cubic feet per day. (Source. R. CREG-057-1996; Art. 1)
A consumer of less than 500 mscfd, or its equivalent in m3, until December 31, 2001; of less than 300 mscfd, or its equivalent in m3, until December 31, 2004; and of less than 100 mscfd, or its equivalent in m3, from January 1, 2005. (Source. R. CREG-057-1996; Art. 1)
A user connected to a distribution network that consumes up to one hundred thousand standard cubic feet per day (100 mscfd) of natural gas for the development of commercial activities. (Source. R. CREG-095-2008; Art. 1)
The energy lost in a Distribution System and recognized by the Energy and Gas Regulation Commission (Source: R.CREG – 161- 2008; Art. 3).
The energy lost in a Distribution System and recognized by the Energy and Gas Regulation Commission. (Source: R. CREG-091-2007; Article 2)
The difference between the fuel gas measured (in standard conditions) at the City Gate(s) and the fuel gas measured (in standard conditions) at the users’ connections, excluding the fuel gas required to operate the Distribution System. (Source: Res. CREG-011/03, Art. 2).
Energy that is lost in a Trade Market for reasons other than the transmission and transformation of electrical energy and whose calculation methodology will be defined by the Commission in a separate resolution. (Source: R. CREG-121-2007; Art. 2).
Total energy lost in a Trade Market and in the Transmission and/or Local Distribution Systems due to the effect of Technical and Non-Technical Energy Losses, calculated according to the methodology defined by the Commission in a separate resolution. (Source: R. CREG-121-2007; Art. 2)
Corresponds to the hours between 9:00 a.m. and 12:00 noon and between 6:00 p.m. and 9:00 p.m. of the day. (Source: R. CREG-103-2000; Art. 1)
Corresponds to the hours between 4:00 a.m. and 9:00 a.m., between 12:00 noon and 6:00 p.m., and between 9:00 p.m. and 11:00 p.m. of the day. (Source: R. CREG-103-2000; Art. 1)

Corresponds to the hours between 00:00 and 4:00 hours and 23:00 and 24:00 hours. (Source: R. CREG-103-2000; Art. 1)

Period between two consecutive readings of the meter of a property, when the meter installed does not correspond to a prepaid meter. (Source: R. CREG-108-1997; Art. 1)
One-year period, counted from May 1st of the first year to April 30th of the following year, and so on until the analysis horizon is completed. (Source: R. CREG-080-2007; Art. 2)
Period of time between the date of execution of the Competitive Process and the starting date of the Effective Period of the Service Provision Obligation assigned in said process (Source: R.CREG – 160 – 2008; Art 2).
Period of time between the effective date of the resolution referred to in Article 18 of CREG Resolution 071 of 2006 and the day the Auction is held. (Source: R. CREG-071-2006; Art. 2)
A consumer of less than 500 mscfd, or its equivalent in m3, until December 31, 2001; of less than 300 mscfd, or its equivalent in m3, until December 31, 2004; and of less than 100 mscfd, or its equivalent in m3, from January 1, 2005. (Source: R. CREG-057-1996; Art. 1).
Period of time between the date of announcement of the execution of the Competitive Process and the day of its execution. (Source: R. CREG – 160 – 2008; Art. 2)
The minimum period of time during which the discharge decisions of a reservoir made at the beginning of that period do not affect the discharge decisions of the same reservoir made after the period. (Source: R. CREG-025-1995; Annex)
The unit of time used in each of the methodologies to plan the operation. (Source: R. CREG-025-1995; Annex)
Period that begins on December 1, 2006, and ends on November 30, 2009, or the year for which the first Firm Energy Obligation Auction is held. (Source: R. CREG-071-2006; Art. 2)
Period of time during which the Service Obligation is generated. (Source: R. CREG – 160 – 2008; Art 2)
Period of time during which a generating agent is bound to comply with its Firm Energy Obligation. (Source: R. CREG-071-2006; Art. 2)
Period between December 1st of year t+p+1 until the end of the Firm Energy Obligation period, which starts in year t+10. (Source: R. CREG – 056- 2008; Art 1)
Period for which the General Tariff Formula with its respective components are in force, in accordance with the provisions of Article 126 of Act 142 of 1994, or with the provisions of the corresponding concession contracts. (Source: R. CREG-091-2007; Art. 2)
a) Summer: between December 1 and April 30. b) Winter: between May 1 and November 30. (Source: R. CREG-025-1995; Annex)
National or Foreign Legal Entity, not registered as a Generating Agent before the Commercial Exchanges System Administrator, with allocation of Firm Energy Obligations or with an interest in participating in the Auctions for the Allocation of Firm Energy Obligations or in the allocation mechanism that takes its place. (Source: R. CREG-061-2007; Annex, Article 2)
Voltage fluctuation characterized by producing a transitory increase in voltage with respect to the standard wave, at a point of the National Interconnected System. (Source: R. CREG-024-2005; Art. 1)
The set of programs, subprograms, and projects that the Provider Entity must execute, in the context of its Strategic Plan, aimed at achieving its short, medium, and long-term objectives efficiently and effectively. The Action Plans must be designed in a way such that compliance with their execution ensures that the Management Indicators equal or exceed their Benchmarks. (Source: R. CREG-072-2002; Art. 2)
Set of activities that a Grid Operator must perform to reach a level of efficient losses in a given period and that must contain at least the stages of planning, implementation, monitoring, control, and maintenance. (Source: R. CREG-121-2007; Art. 2)
The set of policies and strategies defined by a Provider Entity, to achieve its short, medium, and long-term objectives, based on an initial diagnosis of its situation. (Source: R. CREG-072-2002; Art. 2)
It is any plant and/or generation unit with an effective capacity of less than 20 MW. Self-generators or Co-generators are excluded from this definition. (Source: R. CREG-070-1998; Annex)
Special Power Plants and/or Generation Units are those that are in the process of being built or installed on the date of execution of the Auction, or of the allocation mechanism that takes its place, and those installed that are going to be repowered as long as they comply with the provisions of article 6 of CREG resolution 071 of 2006. (Source: R. CREG-071-2006; Art. 2)
Power plant and/or generation unit that at the time of the Auction, or the allocation mechanism that takes its place, is in commercial operation. (Source: R. CREG-071-2006; Art. 2)
Power plant and/or generation unit that has not started the construction stage at the time of the Auction or the allocation mechanism that takes its place. (Source: R. CREG-071-2006; Art. 2)
The power plant and/or generation unit whose Firm Energy for the Reliability Charge was declared by the owner or by whoever represents it commercially and gave rise to the allocation of the Firm Energy Obligation in the Auction or in the mechanism that takes its place. (Source: R. CREG-071-2006; Art. 2)
All generation plants with effective capacity greater than 20 MW and all those less than or equal to 20 MW that wish to participate in the Economic Dispatch. (Source: R. CREG-025-1995; Annex)
Power plants and/or generation units whose hours of operation, plus the hours of unavailability, do not exceed 20% of the total hours of the three (3) years established for the calculation of their Historical Unavailability Index of Forced Dispatch (IHF). (Source: R. CREG-071-2006; Art. 2)
The contractual document by means of which the legal representative of the participant authorizes the representation, if necessary, to submit the Bid and participate in the auction, in accordance with the provisions of this Annex and other regulations of the Republic of Colombia. (Source: Annex 12 R. CREG – 071 – 2006; Annex 12, Item 2. Amended by R. CREG – 040 of 2008)
The energy content in the gas. In the bill it corresponds to an average of the higher calorific value of the gas delivered in the billed period. (Source. R. CREG-154-1997; Art. 1)
Symbol: W Name: Watt
Corresponds to the price paid by the Winning Bids for the natural gas awarded through an Auction. (Source. R. CREG-095-2008; Art. 1)
Price at which a new round begins in the Auction process for the Allocation of Firm Energy Obligations. This price is equivalent to the Closing Price of the immediately preceding Round. (Source: R. CREG-071-2006; Art. 2)
Price at which the first round begins in the Auction process for the Allocation of Firm Energy Obligations. (Source: R. CREG-071-2006; Art. 2)

Highest bid price in the respective hour, in the Power Exchange, corresponding to the generation resources that do not present inflexibility, required to cover the total demand in the Ideal Dispatch. (Source: R. CREG-004-2003; Art. 3)

Minimum price at which the agents participating in an Auction for the Allocation of Firm Energy Obligations must submit their Firm Energy for the Reliability Charge bids for that particular round. This price is defined and announced by the Auctioneer at the beginning of each round. (Source: R. CREG-071-2006; Art. 2)

Price corresponding to the bid of the last agent assigned with Firm Energy for the Reliability Charge in accordance with the Auction process. (Source: R. CREG-071-2006; Art. 2)
Value defined by CREG and updated monthly that determines the level of the power exchange price from which the Firm Energy Obligations become due and constitutes the maximum price at which this energy is remunerated. (Source: R. CREG-071-2006; Art. 2)
Price paid by the importing market equivalent to the marginal market price minus the Real Energy Equivalent Cost of the Reliability Charge (CERE), resulting from its ideal dispatch, which includes the Offer Price in each Border Node for Export from other countries, increased by the regulatory charges associated with the generation and by the respective Real Energy Equivalent Cost of the Reliability Charge. ( Source: R. CREG – 096 -2008; Art 1)
The opening price of the first Round of an Auction. (Source: R. CREG-095-2008; Art. 1)
Estimated price at which energy is offered through an International Connection, determined by the National Dispatch Center (CND), which includes the regulatory recognized costs associated with the delivery of such energy at the Border Node. (Source: R. CREG-004-2003; Art. 3)
Price of the last generation resource that does not present technical limitations, required to cover the Demand in the Border Node of the International Connections for export, considered in the Redispatch. (Source: R. CREG-004-2003; Art. 3)
Maximum price calculated by the National Dispatch Center (CND) at which the Colombian system would be willing to buy energy from another electricity system, and at which an energy import is decided. (Source: R. CREG-004-2003; Art. 3)
This is the maximum price for all natural gas established by the CREG, placed at the Inlet Points of the National Transportation System, complying with minimum quality and pressure specifications that allow its transportation and subsequent sale. The Maximum Regulated Prices indicated in Article 3 of this Resolution are established at the Inlet Points of the National Transportation System and include the development and production costs of the field; the gas collection systems, treatment, dehydration, and compression facilities; gas quality measurement equipment; and the cost of the connection between the collection systems, i.e., between a producing field and an Inlet Point of the National Transportation System. (Source. R. CREG-023-2000; Art. 1)Los Precios Máximos Regulados señalados en el artículo 3o. de la presente Resolución, se establecen en los Puntos de Entrada al Sistema Nacional de Transporte, e incluyen los costos de desarrollo y de producción del campo; los sistemas de recolección de gas, las instalaciones de tratamiento, deshidratación y compresión; los equipos de medición de calidad del gas y el costo de la conexión entre los sistemas de recolección, es decir entre un campo productor y un Punto de Entrada al Sistema Nacional de Transporte. (Fuente. R. CREG-023-2000; Art. 1)
The cost equivalent to the first segment of the Rationing Cost Curve defined by the Mining and Energy Planning Unit (UPME). (Source: R. CREG-119-1998; Art. 1)
The performance of the steps or actions associated with the execution of a project and which are required immediately prior to the physical construction of the works. (Source: R. CREG-022-2001; Art. 1)
Purchase of energy prior to its consumption, in a prepaid sale system. (Source: R. CREG-096-2004; Art. 1). The Maximum Regulated Prices indicated in Article 3 of this Resolution are established at the Inlet Points of the National Transportation System and include the development and production costs of the field; the gas collection systems, treatment, dehydration, and compression facilities; gas quality measurement equipment; and the cost of the connection between the collection systems, i.e., between a producing field and an Inlet Point of the National Transportation System. (Source. R. CREG-023-2000; Art. 1)
For the purposes of the rules contained in this Resolution, it is any individual or business entity that provides electricity service in a Non-Interconnected Area (ZNI), in accordance with the Law. (Source: R. CREG-082-1997; Art. 1)
Any of the persons mentioned in Article 15 of Act 142 of 1994. For the purposes of this resolution, such persons are referred to as “the company.” (Source: R. CREG-108-1997; Art. 1)
It is the maximum price for all items of natural gas established by the CREG, placed at the Inlet Points of the National Transportation System complying with minimum quality and pressure specifications that allow its transportation and subsequent sale. It is the selling company. (Source: R. CREG-225-1997; Art. 1)
The persons referred to in Title 1 of Act 142 of 1994 who carry out the activity of Gas Transportation from an Inlet Point to an Outlet Point of the National Transportation System and who meet the following conditions, in accordance with the CREG Regulations.
When sellers and transporters of natural gas include in the gas sales and transportation contracts clauses guaranteeing the availability of gas or transportation capacity on agreed volumes interruptible by the buyer, they may freely agree on a fee or payment, called availability premium. (Source. R. CREG-057-1996; Art. 1). The Maximum Regulated Prices indicated in Article 3 of this Resolution are established at the Inlet Points of the National Transportation System and include the development and production costs of the field; the gas collection systems, treatment, dehydration, and compression facilities; gas quality measurement equipment; and the cost of the connection between the collection systems, i.e., between a producing field and an Inlet Point of the National Transportation System. (Source. R. CREG-023-2000; Art. 1)
Legal principle whereby the owners of the National Interconnection Network must allow free connection to and use of it by any agent legally authorized to do so, under conditions of equality and neutrality, and complying with the respective technical and economic requirements. (Source: R. CREG-004-2003; Art. 3). The Maximum Regulated Prices indicated in Article 3 of this Resolution are established at the Inlet Points of the National Transportation System and include the development and production costs of the field; the gas collection systems, treatment, dehydration, and compression facilities; gas quality measurement equipment; and the cost of the connection between the collection systems, i.e., between a producing field and an Inlet Point of the National Transportation System. (Source. R. CREG-023-2000; Art. 1)

In terms of tariffs, it means the provisions of Article 87.2 of Act 142 of 1994. (Source: R. CREG-057-1996; Art. 1). The Maximum Regulated Prices indicated in Article 3 of this Resolution are established at the Inlet Points of the National Transportation System and include the development and production costs of the field; the gas collection systems, treatment, dehydration, and compression facilities; gas quality measurement equipment; and the cost of the connection between the collection systems, i.e., between a producing field and an Inlet Point of the National Transportation System. (Source. R. CREG-023-2000; Art. 1)

The steps that the Commercial Exchanges System Administrator must comply with, between the application date and the registration date, for commercial borders or long-term energy contracts, in the Wholesale Market. (Source: R. CREG-006-2003; Art. 1)
Open public invitation to bid for the allocation of Service Provision Obligations in an Exclusive Service area with rules defined by the competent authority for the determination of the price and to allocate the corresponding obligation. (Source: R. CREG-091-2007; Art. 2)
Corresponds to the Production Available for Firm Bidding submitted by the Producers and Producer-Sellers of natural gas to the Ministry of Mines and Energy, in accordance with the definition of Decree 2687 of 2008, as amended, complemented, or replaced. (Source. R. CREG-095-2008; Art. 1)
Producer Price Index of the United States of America, corresponding to capital goods, reported by the U.S. Bureau of Labor Statistics (Series ID: WPSSOP3200). (Source: R. CREG-022-2001; Art. 1)
Homogeneous and clearly specified good, object of the Auction. (Source: R. CREG-095-2008; Art. 1)
The Natural Gas Producer that sells gas to an Agent different from the associate. (Source. R. CREG-023-2000; Art. 1)
The person who extracts or produces fuel gas in accordance with the laws in force. For the purposes of the regulation of public utilities, it is a seller. (Source. R. CREG-057-1996; Art. 1)
Whoever extracts or produces natural gas in accordance with the laws in force. (Source. R. CREG-023-2000; Art. 1)
The individual or legal entity who wishes to use its own resources to produce goods or services pertaining to the purpose of public utilities for itself or to other persons in exchange for any type of remuneration; or free of charge to those with whom it has economic ties. (Source: R. CREG-086-1996; Art. 1)
The generation allocation of the units or power plants dispatched centrally. (Source: R. CREG-024-1995; Art. 1)
Set of Investments that a Transporter plans to make during the Tariff Period in assets necessary for the operation of its Transportation System. (Source: R. CREG-001-2000; Art. 2)
It is the hourly schedule for the transportation of Energy Quantities, prepared daily by a Main Control Center, according to the Shippers’ Nominations and the technical feasibility of transportation of the respective gas pipelines. (Source: R. CREG-071- 1999; Chap. I. Item 1.1).
Es el programa de generación de las unidades SIN en cada una de las horas del día, producido por el Despacho Económico. (Fuente: R. CREG-025-1995; Anexo)

Programa de Introducción de Cilindros Marcados definido por cada Distribuidor Inversionista de acuerdo con su Plan de Inversiones. (Fuente: Res CREG-045/08, Art. 1).

Conjunto de inversiones que proyecta realizar la empresa a cargo de los servicios de CND, ASIC y LAC para prestar exclusivamente las actividades reguladas del CND, ASIC y LAC durante el Período Tarifario. (Fuente: R. CREG-081-2007; Capítulo I )

Programa de Recolección y Eliminación del Parque Universal de Cilindros diseñado por la CREG mediante el establecimiento de metas individuales de recolección a fin de garantizar su reemplazo por cilindros marcados, propiedad de los Distribuidores Inversionistas, antes de la fecha de finalización del Período de Transición. (Fuente: Res CREG-045/08, Art. 1).

An individual or business entity, a consortium, or a combination of them, which submits an offer in a public bidding process for the expansion of the National Transmission System. (Source: R. CREG-022-2001; Art. 1)

Detailed plan, established by the CREG, which contains the parameters and other aspects necessary for the execution of the Auction. (Source: R. CREG-071-2006; Art. 2)
An indicator of the perceptibility of an equipment or system, before voltage fluctuations during a short period of time (10 minutes), obtained statistically from the voltage signal treatment. The way to calculate it is defined in Standard IEC-61000-4-15 (2003-02). (Source: R. CREG-024-2005; Art. 1)
See definition. CITY GATE OR CITY GATE REGULATING STATION of the National Transmission System. (Source: R. CREG-022-2001; Art. 1)
The electrical connection point at which a user’s equipment is connected to a Regional Transmission System and/or a Local Distribution System for the purpose of transferring electrical energy between the parties. (Source: R. CREG-070-1998; Annex)
A busbar or any section of a transmission line belonging to the National Transmission System, with voltage equal or higher than 220 kV, to which a generator, a National Transmitter, a Deregulated User, or a Regional Transmission System and/or a Local Distribution System Grid Operator is connected or plans to connect. (Source: R. CREG-022-2001; Art. 1)
The electrical connection point between a Substandard Circuit and the Regional Transmission System or Local Distribution System from which it is fed. (Source: R. CREG-120-2001; Art. 2)
Point where gas is injected into the Transportation System from the respective Agent’s Connection. The Inlet Point includes the connection valve and the “T” or other derivation accessory. (Source: R. CREG-041-2008; Art 1; R. CREG-071-1999; Chap. I. Item 1.1)
Physical point where there is a shut-off valve and metering equipment and where the custody transfer of the product from the Transporter to the Shipper takes place. (Source: Res. CREG-122/08, Art. 1).
The electrical connection point of the primary circuit of the current transformer that is associated to the connection point, or the terminals of the meter, in the case of voltage level I. (Source: R. CREG-070-1998; Annex).
Physical point where there is a shut-off valve and metering equipment and where the transfer of custody of the product from the Shipper to the Transporter takes place. (Source: Res. CREG-122/08, Art. 1).
Physical point where there is a shut-off valve and metering equipment and where the transfer of custody of the product from the Transporter to the Shipper takes place. (Source: Res. CREG-122/08, Art. 1).
Point where the Transporter injects the gas to the respective Agent’s Connection. The Outlet Point includes the connection valve and the “T” or other derivation accessory. (Source. R. CREG-041-2008; Art 1; R. CREG-071-1999; Chap. I. Item 1.1)
Point where the physical transfer of gas between two Transportation Systems is carried out and from which the transporter that receives the gas assumes custody of it. (Source. R. CREG-084-2000; Art. 1)
The site where gas custody is transferred between a Producer-Seller and a Transporter; or between a Transporter and a Distributor, a Deregulated User, an Independent Storer, a Regulated User served by a Retailer (not located in exclusive service areas), an International Interconnection, between two Transporters, and from which the Agent receiving the gas assumes custody of it. (Source. R. CREG-041-2008; Art 1; R. CREG-071-1999; Chap. I. Item 1.1)

R

Deficit originated in a technical limitation, caused by the loss in real time of operation of one or several generation units or plants, or the forced exit of energy transmission assets, which imply that it is not possible to cover the total expected demand of the National Interconnected System with regional or national coverage. (Source: R. CREG-119-1998; Art. 1)
Deficit originated in an identified technical limitation (including the lack of energy resources) or in a natural catastrophe, which implies that the generation park is insufficient to cover the total expected demand of the National Interconnected System. (Source: R. CREG-119-1998; Art. 1)
Deficit caused by an identified technical limitation or a natural catastrophe, which implies that the generation park is insufficient to cover the total expected demand of the National Interconnected System and it is not technically possible to distribute the deficit at the national level. (Source: R. CREG-119-1998; Art. 1)
Derivation of a gas pipeline, gas pipeline system or subsystem, generally short and with a defined destination. (Source. R. CREG-057-1996; Art. 1)
Es la máxima energía expresada en (MWh) que un recurso de generación puede aumentar en dos horas consecutivas. (Fuente: R. CREG-009-2003; Art. 1)
The maximum energy expressed in (MWh) that a generation resource can reduce in two consecutive hours. (Source: R. CREG-009-2003; Art. 1)
Percentage of the Capacity of a gas pipeline within which Input and Output Variations are admitted, without prejudice to the compensations established in this Regulation. (Source. R. CREG-071-1999; Chap. I. Item 1.1)
Document by means of which an agent files a claim to the Commercial Exchanges System Administrator (ASIC) or the Account Liquidator and Manager (LAC), making observations to the monthly bill or to any adjustments to the bill, in order to have it clarified, modified, or revoked. (Source: R. CREG-084-2007; Art. 1)
Process of adjustment to the billing of the Transportation Service, once the actual measurements of a Shipper are available. (Source: R. CREG-071-1999; Chap. I. Item 1.1)
Reestablishment of the supply of the public service when it has been previously suspended. (Source: R. CREG-108-1997; Art. 1)
Consisting of each voice and/or data carrier cable and its associated infrastructure. (Source: R. CREG – 071- 2008; Art. 1)
Public Networks that are not part of Connections or Internal Installations. (Source: R. CREG-070-1998; Annex).
The set of networks, pipes, accessories, and equipment that make up the public service supply system to the property from the meter, or, in the case of subscribers or users without a meter, from the supply register of the property. For horizontal property buildings or joint ownerships, it is the service supply system to the property from the general supply register, if any. (Source: R. CREG-108- 1997; Art. 1)
A system of non-flexible piping, internal or external to the dwelling, which allows the gas to be piped to the different consumption appliances of the same user. It is comprised between the outlet of the measurement centers (or the pressure regulators in the case of installations for gas supply without a meter) and the outlet points for the connection of the consumption appliances. (Source: Res. CREG-023/08, Art. 1).