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Demand-side Response
Energy demand management, also known as demand-side management (DSM) or demand-side response (DSR), is the modification of consumer demand for energy through various methods such as financial incentives and behavioral change through education. Usually, the goal of demand-side management is to encourage the consumer to use less energy during peak hours, or to move the time of energy use to off-peak times such as nighttime and weekends. Peak demand management does not necessarily decrease total energy consumption, but could be expected to reduce the need for investments in networks and/or power plants for meeting peak demands. An example is the use of energy storage units to store energy during off-peak hours and discharge them during peak hours. A newer application for DSM is to aid grid operators in balancing variable generation from wind and solar units, particularly when the timing and magnitude of energy demand does not coincide with the renewable generation. Generators br ...
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Energy Demand
World energy supply and consumption refers to the global supply of energy resources and its consumption. The system of global energy supply consists of the energy development, refinement, and trade of energy. Energy supplies may exist in various forms such as ''raw resources'' or ''more processed and refined'' forms of energy. The raw energy resources include for example coal, unprocessed oil and gas, uranium. In comparison, the refined forms of energy include for example refined oil that becomes fuel and electricity. Energy resources may be used in various different ways, depending on the specific resource (e.g. coal), and intended end use (industrial, residential, etc.). Energy production and consumption play a significant role in the global economy. It is needed in industry and global transportation. The total energy supply chain, from production to final consumption, involves many activities that cause a loss of useful energy. As of 2022, energy consumption is still abo ...
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Fossil Fuels
A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be mining, extracted and combustion, burnt as fuel for human consumption to provide energy for direct use (such as for cooking, heating or lighting), to power heat engines (such as steam engine, steam or internal combustion engines) that can propulsion, propel vehicles, or to electricity generation, generate electricity via steam turbine generators. Some fossil fuels are further petroleum refining processes, refined into derivative (chemistry), derivatives such as kerosene, gasoline and diesel fuel, diesel, or converted into petrochemicals such as polyolefins (plastics), aromatic compound, aromatics and synthetic resins. The origin of fossil fu ...
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Distributed Energy Resources
Distributed generation, also distributed energy, on-site generation (OSG), or district/decentralized energy, is electrical generation and storage performed by a variety of small, grid-connected or distribution system-connected devices referred to as distributed energy resources (DER). Conventional power stations, such as coal-fired, gas, and nuclear powered plants, as well as hydroelectric dams and large-scale solar power stations, are centralized and often require electric energy to be transmitted over long distances. By contrast, DER systems are decentralized, modular, and more flexible technologies that are located close to the load they serve, albeit having capacities of only 10 megawatts (MW) or less. These systems can comprise multiple generation and storage components; in this instance, they are referred to as hybrid power systems. DER systems typically use renewable energy sources, including small hydro, biomass, biogas, solar power, wind power, and geothermal pow ...
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Power Factor
In electrical engineering, the power factor of an AC power system is defined as the ratio of the ''real power'' absorbed by the electrical load, load to the ''apparent power'' flowing in the circuit. Real power is the average of the instantaneous product of voltage and current and represents the capacity of the electricity for performing work. Apparent power is the product of root mean square (RMS) current and voltage. Due to energy stored in the load and returned to the source, or due to a non-linear load that distorts the wave shape of the current drawn from the source, the apparent power may be greater than the real power, so more current flows in the circuit than would be required to transfer real power alone. A power factor magnitude of less than one indicates the voltage and current are not in phase, reducing the average Product (mathematics), product of the two. A negative power factor occurs when the device (normally the load) generates real power, which then flows back to ...
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Diversity Factor
In the context of electricity, the diversity factor is the ratio of the sum of the individual non-coincident maximum loads of various subdivisions of the system to the maximum demand of the complete system. : f_\text = \frac The diversity factor is always greater than 1. The aggregate load \left( \sum\limits_^n\text_i \right) is time dependent as well as being dependent upon equipment characteristics. The diversity factor recognizes that the whole load does not equal the sum of its parts due to this time interdependence or "diversity." For example, one might have ten air conditioning units that are 20 tons each at a facility with an average full load equivalent operating hours of 2000 hours per year. However, since the units are each thermostatically controlled, it is not known exactly when each unit turns on. If the ten units are substantially larger than the facility's actual peak AC load, then fewer than all ten units will likely come on at once. Thus, even though each unit ru ...
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Dynamic Demand (electric Power)
Dynamic Demand is the name of a semi-passive technology to support demand response by adjusting the load demand on an electrical power grid. It is also the name of an independent not-for-profit organization in the UK supported by a charitable grant from the Esmée Fairbairn Foundation, dedicated to promoting this technology. The concept is that by monitoring the frequency of the power grid, as well as their own controls, intermittent domestic and industrial loads switch themselves on/off at optimal moments to balance the overall grid load with generation, reducing critical power mismatches. As this switching would only advance or delay the appliance operating cycle by a few seconds, it would be unnoticeable to the end user. This is the foundation of dynamic demand control. In the United States, in 1982, a (now-lapsed) patent for this idea was issued to power systems engineer Fred Schweppe. Other patents have been issued based on this idea. Dynamic demand is similar to demand re ...
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Demand Response
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 computing, 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 ...
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Planned Economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of Productivity, output produced per unit of cost (production cost). A decrease in unit cost, cost per unit of output enables an increase in scale that is, increased production with lowered cost. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of Market (economics), market control. Economies of scale arise in a variety of organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea o ...
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Regulation
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in government, typically regulation (or its plural) refers to the delegated legislation which is adopted to enforce primary legislation; including Land-use planning, land-use regulation * in economy: regulatory economics * in finance: financial regulation * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Forms Regulation in the ...
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Home Network
Home Network is a Television in Canada, Canadian English-language Discretionary service, discretionary cable television, cable and satellite television, satellite specialty channel owned by Corus Entertainment. Home Network broadcasts programs relating to real estate, home and garden design, and renovations. This channel was launched as HGTV Canada on October 17, 1997 under the joint ownership of Atlantis Communications and E. W. Scripps Company. Atlantis merged with Alliance Films, Alliance Communications to form Alliance Atlantis Communications in 1998 and the stake of HGTV was then acquired. After several ownership changes throughout the years while maintaining the same format, the channel has been owned by Corus since 2016. As HGTV, the network's programming drew partially from the HGTV, U.S. version of the channel, but it also carried original Canadian content, Canadian-produced series, some of which have in turn also been picked up for broadcast by the U.S. network or othe ...
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Variable Renewable Energy
Variable renewable energy (VRE) or intermittent renewable energy sources (IRES) are renewable energy sources that are not dispatchable due to their fluctuating nature, such as wind power and solar power, as opposed to controllable renewable energy sources, such as dammed hydroelectricity or bioenergy, or relatively constant sources, such as geothermal power. The use of small amounts of intermittent power has little effect on grid operations. Using larger amounts of intermittent power may require upgrades or even a redesign of the grid infrastructure. Options to absorb large shares of variable energy into the grid include using storage, improved interconnection between different variable sources to smooth out supply, using dispatchable energy sources such as hydroelectricity and having overcapacity, so that sufficient energy is produced even when weather is less favourable. More connections between the energy sector and the building, transport and industrial sectors may also ...
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