Aeroderivative
Based on aircraft engine technology

Baseload Plant
A power plant designed to provide a steady flow of power regardless of total power demand by the grid. See also Peaking Plant.

Biomass energy
Solid fuel derived from vegetation

CEO
Chief Executive Officer

CFO
Chief Financial Officer

CGA
Certified General Accountant

CHP
Combined Heat and Power

Class 1, 2 or 3 Engineer
An operating engineer certified to a specific level under the TSSA

Cogeneration
A process that produces both electrical energy and heat

Combined-cycle
A process in which a gas turbine generator generates electricity and the waste heat is used to make steam to generate additional electricity via a steam turbine

CT
Northland Power Income Fund Commercial Trust

Direct Re-Investment Plan
A program available to Northland Power Income Fund unitholders to automatically reinvest distributions in additional units.

DPSP
Deferred Profit-Sharing Plan

DRIP
Direct Re-Investment Plan, a program available to Northland Power Income Fund unitholders to automatically reinvest distributions in additional units.

FIT
Feed-in-Tariff, programs in various jurisdictions, including Ontario, that mandate the purchase of power from renewable sources under long term contracts

Fund
Northland Power Income Fund

GAAP
Generally Accepted Accounting Principles

GEA
Green Energy and Green Economy Act, 2009, passed the Government of Ontario to encourage the development of renewable energy sources and related industries

GHG
Greenhouse Gases

GJ
Gigajoules

GM
General Motors of Canada

Green Energy Act
Green Energy and Green Economy Act, 2009, passed the Government of Ontario to encourage the development of renewable energy sources and related industries

GTA
Greater Toronto Area

Head pond
A water reservoir used to store water for generating electricity

Hydro
The production of electrical power using falling or moving water.

Hydrokinetic
Generation of power by moving water. This term is used by Northland to describe various submerged generation technologies.

Independent Trustees
Northland Power Income Fund trustees who are arm's-length from Northland and its subsidiaries

Integrated Power System Plan
An Ontario government plan to satisfy the province's expected demand for electricity in 2025, taking into account conservation targets and new sources of renewable energy.

IPSP
Integrated Power System Plan, an Ontario government plan to satisfy the province's expected demand for electricity in 2025, taking into account conservation targets and new sources of renewable energy.

KW
Kilowatt

KWH
Kilowatt Hour

Management Discussion and Analysis
An accounting requirement of the management of public companies explain the results of a reporting period, together with significant events, and their implications for the future.

MD&A
Management Discussion and Analysis, an accounting requirement of the management of public companies explain the results of a reporting period, together with significant events, and their implications for the future.

MW
Megawatt

MWH
Megawatt Hour

Northland
The entity formed by the merger of Northland Power Inc. and Northland Power Income Fund

Northland Power Income Fund
A Special Flow-Through Trust established to hold interests in clean and renewable energy projects

NPI
Northland Power Inc., a power generation development and management firm acquired by Northland Power Income Fund in 2009

NPI Fund
Northland Power Income Fund, a Special Flow-Through Trust established to hold interests in clean and renewable energy projects

OATT
Open Access Transmission Tariff

OEFC
Ontario Electricity Financial Corporation

Ontario Power Authority
The Government of Ontario agency responsible for ensuring adequate and affordable electrical power in the province

Ontario Power Generation
The Ontario government entity responsible for generating about 70% of the province's energy

OPA
Ontario Power Authority, the Government of Ontario agency responsible for ensuring adequate and affordable electrical power in the province

OPG
Ontario Power Generation, the Ontario government entity responsible for generating about 70% of the province's energy

Peaking Plant
A power plant designed to designed to provide energy to an electrical grid during periods of high demand. See also Baseload Plant.

PEC
Panda Energy Corporation

PPA
Power Purchase Agreement, a long term contract under which a government agency agrees to purchase electricity from a generation facility at predetermined prices.

PTC
Production Tax Credit

PV
Photovoltaic, a manufactured material used to convert solar energy into direct current electricity.

Régie
Régie de l’énergie, the Quebec government agency responsible for regulating electrical power generation and sales in the province.

RESP
Registered Education Savings Plan

RFP
Request for Proposals

RRIFs
Registered Retirement Income Funds

RRSP
Registered Retirement Savings Plan

Simple-Cycle
Power generation technology in which waste heat is not recaptured to produce additional energy. Although not as efficient as combined cycle technology, simple cycle plants can start very quickly, making this the preferred technology for peaking plants. See also Combined Cycle

Solar power
Production or electricity from sunlight, usually by using photovoltaic technology.

SRC
Short Rotation Coppice, a harvesting method in which trees are cut close to the ground, enabling the stumps to produce new growth, harvestable in 2-3 years.

Thermal
The production of electrical power by burning fuel.

TSSA
Technical Standards and Safety Association, an Ontario certification body

TSX
Toronto Stock Exchange

Unitholder
The owner of units in Northland Power Income Trust

unitholders
Certified Management Accountant

Vestas
Vestas Wind Energy Systems, a maker of wind turbine systems

WCI
Western Climate Initiative, an initiative by states and provinces along the western rim of North America to identify, evaluate and implement ways to collectively reduce greenhouse gas emissions in the region.

Western Climate Initiative
An initiative by states and provinces along the western rim of North America to identify, evaluate and implement ways to collectively reduce greenhouse gas emissions in the region.

WPPI
Wind Power Production Incentive Program