L

L

Large Supply Point

Refers to a supply point in which the actual quantity consumption is equal to or exceeds 732,000 kWh, or 25,000 therms per annum.

Liquefied Natural Gas (LNG)

Liquefied Natural Gas, or LNG, forms when natural gas is cooled to a temperature of -160°C at normal atmospheric pressure. This condenses the gas, making it easier to transport.

Load

Load refers to the amount of energy supplied to a specific supply point, or the amount of energy required by the electricity customer.

Load Management

Large electricity supply sites, which are flexible about when and how they use electricity, use load management to schedule their production patterns to take advantage of reductions in the price of pool electricity. Consumers that are able to manage their electricity load in line with the National Grid’s Triads could see sizeable reductions in the price they pay for energy.

Local Distribution Zone (LDZ)

The Local Distribution Zones describes the geographic area in which a network of pipes deliver gas to most of the Customer sites in the area e.g. South Wales, London. This network may be connected to private networks owned IGT’s.

Low Carbon Building Programme (LCBP)

Introduced by the UK government in 2006, the Low Carbon Building Programme provides monetary funding for businesses interested in stalling on-site micro-generation technologies, as well as other low-carbon appliances.