They don't mean "loss" but "outages" if I read it correctly.
They do mean loss. Literally losing electricity as heat because of resistance. You can never reduce this to zero, but various problems can compound to increase the loss to ridiculous levels.
alt Hacker News
They do mean loss. Literally losing electricity as heat because of resistance. You can never reduce this to zero, but various problems can compound to increase the loss to ridiculous levels.