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; "Reliability" means having adequate electric generation capacity to safely deliver electric energy in the quantity, with the quality, and at a time that the utility customers demand; "Resilience" means having the ability to quickly and effectively respond to and recover from events that compromise grid reliability; "Retirement" or "retired" means the closure or the complete and permanent cessation of operations at an electric generating unit; and "Utility" has the same meaning as in KRS 278.010(3)(a).
- (2)
- (3)
- (4)
- (5)
Effective: March 29, 2023
History: Created 2023 Ky. Acts ch. 118, sec. 1, effective March 29, 2023.