05.07.2009

A fixed rate for a service or product. Fixed rates are often set in the energy sector by regulators in areas served by public utilities in order to enforce efficiency on the utility

The pressure used as a standard in determining gas volume. Volumes are measured at operating pressures and then corrected to base pressure volume. Base pressure is normally defined in any gas measurement contract.

The minimum amount of electric power or natural gas delivered or required over a given period of time at a steady rate. In so far as baseload electricity is concerned, coal power stations are usually base load stations in that they operate throughout the year to meet a certain constant level of demand. That part of electricity demand which is continuous, and does not vary over a 24-hour period. Approximately equivalent to the minimum daily load