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Flexible Electricity Pricing
Demand response is a change in the power consumption of an electric utility customer to better match the demand for power with the supply. Until the 21st century decrease in the cost of pumped storage and batteries, electric energy could not be easily stored, so utilities have traditionally matched demand and supply by throttling the production rate of their power plants, taking generating units on or off line, or importing power from other utilities. There are limits to what can be achieved on the supply side, because some generating units can take a long time to come up to full power, some units may be very expensive to operate, and demand can at times be greater than the capacity of all the available power plants put together. Demand response, a type of energy demand management, seeks to adjust in real-time the demand for power instead of adjusting the supply. Utilities may signal demand requests to their customers in a variety of ways, including simple off-peak metering, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dryer With Smart Load Control Switch
Dryer (or drier) may refer to: Drying equipment * Hair dryer * Hand dryer * Clothes dryer, also known as a tumble-dryer * Belt dryer * Desiccant, a substance that absorbs or adsorbs water * Grain dryer, for storage grain bins * Oil drying agent, an additive which accelerates the film formation of a drying oil Other * Dryer (surname) * Dryer (band), a Saratoga Springs, NY based band See also * * * Drying * Dreier (other) * Dreyer {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Storage
Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an Accumulator (energy), accumulator or Battery (electricity), battery. Energy comes in multiple forms including radiation, chemical energy, chemical, gravitational potential energy, gravitational potential, Electric potential energy, electrical potential, electricity, elevated temperature, latent heat and kinetic energy, kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms. Some technologies provide short-term energy storage, while others can endure for much longer. Bulk energy storage is currently dominated by hydroelectric dams, both conventional as well as pumped. Grid energy storage is a collection of methods used for energy storage on a large scale within an electrical power grid. Common e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marginal Cost
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount. As Figure 1 shows, the marginal cost is measured in dollars per unit, whereas total cost is in dollars, and the marginal cost is the slope of the total cost, the rate at which it increases with output. Marginal cost is different from average cost, which is the total cost divided by the number of units produced. At each level of production and time period being considered, marginal cost includes all costs that vary with the level of production, whereas costs that do not vary with production are fixed. For example, the marginal cost of producing an automobile will include the costs of labor and parts needed for the additional automobile but not t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contingency (electrical Grid)
In an electrical grid, contingency is an unexpected failure of a single principal component (e.g., an electrical generator or a power transmission line) that causes the change of the system state large enough to endanger the grid security. Some protective relays are set up in a way that multiple individual components are disconnected due to a single fault, in this case, taking out all the units in a group counts as a single contingency. A scheduled outage (like maintenance) is not a contingency. The choice of term emphasizes the fact that a single fault can cause severe damage to the system so quickly that the operator will not have time to intervene, and therefore a reaction to every single fault has to be defensively pre-built into the system configuration. Some sources use the term interchangeably with "disturbance" and "fault". Contingency analysis The contingency analysis application periodically runs on the computers at the operations centers providing suggestions to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
