For purposes of this division, the following definitions apply:

(a) “Bond” means any bond, note, or other written evidence of indebtedness issued solely for purposes of supporting the fund and other related expenses incurred by the department pursuant to this division, or for reimbursing expenditures from the fund for those purposes, establishing or maintaining reserves in connection with a bond, costs of issuance of a bond or incidental to its payment or security, capitalized interest, or renewing or refunding any bonds.

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(b) “California balancing authority” has the same meaning as defined in § 399.12 of the Public Utilities Code.

(c) “Commission” means the Public Utilities Commission.

(d) “Electrical corporation” has the same meaning as defined in § 218 of the Public Utilities Code.

(e) “Eligible energy resource” means an energy resource eligible to be procured by the Department of Water Resources pursuant to § 454.52 of the Public Utilities Code that has a first point of interconnection with a California balancing authority.

(f) “Energy Commission” means the State Energy Resources Conservation and Development Commission.

(g) “Fund” means the Eligible Energy Resource Central Procurement Fund established in Section 80830.

(h) “Independent System Operator” means the Independent System Operator described in Article 3 (commencing with Section 345) of Chapter 2.3 of Part 1 of Division 1 of the Public Utilities Code.

(i) “Load-serving entity” has the same meaning as defined in § 380 of the Public Utilities Code.

(j) “Local publicly owned electric utility” has the same meaning as defined in § 224.3 of the Public Utilities Code.

(Added by Stats. 2023, Ch. 367, Sec. 15. (AB 1373) Effective October 7, 2023.)