§ 30:1501 — Definitions

Louisiana § 30:1501

• Jurisdiction: Louisiana
• Title 30: Mortgages and Privileges

Text

§1501. Definitions
As used in this Chapter, the following terms shall have the meanings ascribed to them
in this Section, unless context clearly indicates a different meaning:
(1) "Affordable" shall mean the lowest reasonable cost method of providing
electricity is used, factoring in the true and total cost of each generation source.
(2) "Dispatchable" shall mean a source of electricity that is readily available for use
on demand and whose output can be deployed upon request of a power grid operator or one
whose power output can be adjusted according to market needs, except during routine
maintenance or repairs.
(3) "Foreign adversary nation" shall mean any country specified in 10 U.S.C.
4872(f)(2).
(4) "Reliable" shall mean a source of electricity that contributes to the stability,
adequacy, and operability of the power generation asset, accounting for the resource's design
role, responsiveness to dispatch, contribution to voltage or frequency regulation, and ability
to perform during grid stress events. Reliability shall not be defined solely by availability
or forced outage metrics, but rather by a resource's capacity to fulfill its intended operational
function within the portfolio, including both baseload and flexible, fast-ramping assets.

Legislative History

Acts 2025, No. 462, §1.