Residential Customer Equivalent
Residential Customer Equivalent (RCE) is a unit of measures used by the energy industry to denote the typical annual commodity consumption by a single-family residential customer. Also known as "RCE" for short, a single RCE represents 1,000 therms of natural gas or 10,000 kWh of electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as describ .... RCE is often used to help normalize the size of energy companies. Energy companies serve a number of customers that is typically different from the RCE value consumed by those customers. For example, an LDC or ESCO may serve 50,000 customers but many of those can be commercial or industrial customers, so that same company can be said to serve 400,000 RCE. References {{Reflist Energy economics Equivalent units ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Energy Industry
The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries. In particular, the energy industry comprises: * the fossil fuel industries, which include petroleum industries (oil companies, petroleum refiners, fuel transport and end-user sales at gas stations) coal industries (extraction and processing) and the natural gas industries ( natural gas extraction, and coal gas manufacture, as well as distribution and sales); * the electrical power industry, including electricity generation, electric power distribution and sales; * the nuclear power industry; * the renewable energy industry, comprising alternative energy and sustainable energy companies, including those involved in hydroelectric power, wi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Therm
The therm (symbol, thm) is a non- SI unit of heat energy equal to 100,000 British thermal units (BTU), and approximately megajoules, kilowatt-hours, kilocalories and thermies. One therm is the energy content of approximately of natural gas at standard temperature and pressure. However, the BTU is not standardised worldwide, with slightly different values in the EU, UK, and USA, meaning that the energy content of the therm also varies by territory. Natural gas meters measure volume and not energy content, and given that the energy density varies with the mix of hydrocarbons in the natural gas, a 'therm factor' is used by natural gas companies to convert the volume of gas used to its heat equivalent, usually being expressed in units of 'therms per CCF' (CCF is an abbreviation for 100 cubic feet). Higher than average concentration of ethane, propane or butane will increase the therm factor and the inclusion of non - flammable impurities, such as carbon dioxide or nitrogen will red ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned for he ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kilowatt Hour
A kilowatt-hour ( unit symbol: kW⋅h or kW h; commonly written as kWh) is a unit of energy: one kilowatt of power for one hour. In terms of SI derived units with special names, it equals 3.6 megajoules (MJ). Kilowatt-hours are a common billing unit for electrical energy delivered to consumers by electric utilities. Definition The kilowatt-hour is a composite unit of energy equal to one kilowatt (kW) sustained for (multiplied by) one hour. Expressed in the standard unit of energy in the International System of Units (SI), the joule (symbol J), it is equal to 3,600 kilojoules or 3.6 MJ."Half-high dots or spaces are used to express a derived unit formed from two or more other units by multiplication.", Barry N. Taylor. (2001 ed.''The International System of Units.'' (Special publication 330). Gaithersburg, MD: National Institute of Standards and Technology. 20. Unit representations A widely used representation of the kilowatt-hour is "kWh", derived from its co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Electric Power
Electric power is the rate at which electrical energy is transferred by an electric circuit. The SI unit of power is the watt, one joule per second. Standard prefixes apply to watts as with other SI units: thousands, millions and billions of watts are called kilowatts, megawatts and gigawatts respectively. A common misconception is that electric power is bought and sold, but actually electrical energy is bought and sold. For example, electricity is sold to consumers in kilowatt-hours (kilowatts multiplied by hours), because energy is power multiplied by time. Electric power is usually produced by electric generators, but can also be supplied by sources such as electric batteries. It is usually supplied to businesses and homes (as domestic mains electricity) by the electric power industry through an electrical grid. Electric power can be delivered over long distances by transmission lines and used for applications such as motion, light or heat with high effici ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Local Distribution Company
A distribution network operator (DNO), also known as a distribution system operator (DSO), is the operator of the electric power distribution system which delivers electricity to most end users. Each country may have many local distribution network operators, which are separate from the transmission system operator, responsible for transporting power in bulk around the country. France In France, Enedis, a subsidiary of EDF, distributes approximately 95% of electricity, with the remaining 5% distributed by 160 local electricity and gas distribution companies (''entreprises locales de distribution d'électricité et de gaz'' or ELD). Jean ProriolRapport d'information déposé par la commission des affaires économiques de l'Assemblée nationale assemblee-nationale.fr du 5 avril 2011, consulté le 30 avril 2020 Great Britain In Great Britain, distribution network operators are licensed by the Office of Gas and Electricity Markets. There are fourteen licensed geographically d ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Deregulated
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised levels ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Energy Economics
Energy economics is a broad scientific subject area which includes topics related to supply and use of energy in societies. Considering the cost of energy services and associated value gives economic meaning to the efficiency at which energy can be produced. Energy services can be defined as functions that generate and provide energy to the “desired end services or states”. The efficiency of energy services is dependent on the engineered technology used to produce and supply energy. The goal is to minimise energy input required (e.g. kWh, mJ, see Units of Energy) to produce the energy service, such as lighting (lumens), heating (temperature) and fuel (natural gas). The main sectors considered in energy economics are transportation and building, although it is relevant to a broad scale of human activities, including households and businesses at a microeconomic level and resource management and environmental impacts at a macroeconomic level. Due to diversity of issues ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |