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Demand-side response
A mechanism where end users can benefit by changing their consumption in response to real-time electricity prices or short-term network constraints. Depending on how end users set up their demand-side response, it can provide them with additional revenue or a saving on their electricity bill that is substantially more than the cost of providing demand-side response.
Direct greenhouse gas emissions
The National Greenhouse Accounts (NGA) Factors handbook refer to these as emissions emitted per unit of activity (in kilograms of carbon dioxide equivalent – CO2-e) at the point of emission release (i.e. fuel use, energy use, manufacturing process activity, mining activity, on-site waste disposal, etc.).
Dispatch price
The price for electricity in a wholesale electricity market that is necessary to provide the capacity needed to match demand in a five-minute ‘dispatch period’.