278.262 Definitions for KRS 278.262 and 278.264. As used in this section and KRS 278.264: (1) 'Electric generating unit' means one (1) or more fossil fuel -fired combustion or steam generating sources used for generating electricity that deliver all or part of their power to the electric power grid for sale; (2) 'Reliability' means having adequate e lectric generation capacity to safely deliver electric energy in the quantity, with the quality, and at a time that the utility customers demand; (3) 'Resilience' means having the ability to quickly and effectively respond to and recover from events that c ompromise grid reliability; (4) 'Retirement' or 'retired' means the closure or the complete and permanent cessation of operations at an electric generating unit; and (5) 'Utility' has the same meaning as in KRS 278.010(3)(a). Effective: March 29, 2023 History: Created 2023 Ky. Acts ch. 118, sec. 1, effective March 29, 2023.
Kentucky Legal Code