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Value Of Lost Load
The Value of Lost Load (VoLL) is the estimated amount that customers receiving electricity Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwel ... with firm contracts would be willing to pay to avoid a disruption in their electricity service. The value of these losses can be expressed as a customer damage function (CDF). A CDF is defined as: Loss ($/kW) = ƒ (duration, season, time of day, notice) Based on the calculated outage cost, a CDF can be obtained for various customer groups. Typically, there are three distinct groups of customers: residential, small and medium commercial/industry and large commercial/industrial. Figure 1 below illustrates the incremental CDFs of these three groups. The CDF relates the magnitude of customer losses (per kW interrupted) for a given duratio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Generation
Electricity generation is the process of generating electric power from sources of primary energy. For electric utility, utilities in the electric power industry, it is the stage prior to its Electricity delivery, delivery (Electric power transmission, transmission, Electric power distribution, distribution, etc.) to end users or its Grid energy storage, storage, using for example, the Pumped-storage hydroelectricity, pumped-storage method. Consumable electricity is not freely available in nature, so it must be "produced", transforming other forms of energy to electricity. Production is carried out in power stations, also called "power plants". Electricity is most often generated at a power plant by electromechanical electric generator, generators, primarily driven by heat engines fueled by combustion or nuclear fission, but also by other means such as the kinetic energy of flowing water and wind. Other energy sources include solar photovoltaics and geothermal power. There are ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Market
An electricity market is a system that enables the exchange of electrical energy, through an electrical grid. Historically, electricity has been primarily sold by companies that operate electric generators, and purchased by consumers or electricity retailers. The electric power industry began in the late 19th century in the United States and United Kingdom. Throughout the 20th century, and up to the present, there have been deep changes in the economic management of electricity. Changes have occurred across different regions and countries, for many reasons, ranging from technological advances (on supply and demand sides) to politics and ideology. Around the turn of the 21st century, several countries restructured their electric power industries, replacing the vertically integrated and tightly regulated "traditional" electricity market with market mechanisms for electricity generation, transmission, distribution, and retailing. The traditional and competitive market app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Outage
A power outage, also called a blackout, a power failure, a power blackout, a power loss, a power cut, or a power out is the complete loss of the electrical power network supply to an end user. There are many causes of power failures in an electricity network. Examples of these causes include faults at power stations, damage to Electric power transmission, electric transmission lines, Electrical substation, substations or other parts of the electricity distribution, distribution system, a short circuit, Cascading failure#Cascading failure in power transmission, cascading failure, fuse (electrical), fuse or circuit breaker operation. Power failures are particularly critical at sites where the environment and public safety are at risk. Institutions such as hospitals, Sewage Treatment, sewage treatment plants, and mining, mines will usually have backup power sources such as emergency power system, standby generators, which will automatically start up when electrical power is lost ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Voll Cdf
Voll may refer to: Places Norway * Voll, Akershus, a village area in Bærum municipality in Akershus county * Voll, Rauma, a village area in Rauma municipality in Møre og Romsdal county *Voll, Rogaland, a village in Klepp municipality in Rogaland county *Voll, Trøndelag, a village in Rennebu municipality in Trøndelag county * Voll Church, a church in Rauma municipality in Møre og Romsdal county, Norway *Voll Municipality, a former municipality in Møre og Romsdal county People with the surname *Christoph Voll (1897-1939), German sculptor and graphic artist associated with Expressionism * Daniel Voll, American journalist * Jacqueline Voll (born 1987), Dutch figure skater * John J. Voll (1922-1987), career officer in the United States Air Force and a World War II flying ace * Toomas Voll (born 1958), Estonian composer, conductor and choir director Other uses *VoLL, or Value of lost load The Value of Lost Load (VoLL) is the estimated amount that customers receiving electricity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Research Institute
EPRI, is an American independent, nonprofit organization that conducts research and development related to the generation, delivery, and use of electricity to help address challenges in the energy industry, including reliability, efficiency, affordability, health, safety, and the environment. EPRI's principal offices and laboratories are located in Palo Alto, California; Charlotte, North Carolina; Knoxville, Tennessee; Washington, DC; and Lenox, Massachusetts. History In November 1965, the Great Northeastern Blackout left 30 million people in the United States without electricity. Historic in scale and impact, it demonstrated the nation's growing dependence upon electricity and its vulnerability to power loss. The event marked a watershed moment for the U.S. electricity sector and triggered the creation of the Electric Power Research Institute. Following the blackout, leaders in Congress held hearings in the early 1970s about the lack of research supporting the power industry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Engineering
Power engineering, also called power systems engineering, is a subfield of electrical engineering that deals with the generation, transmission, distribution, and utilization of electric power, and the electrical apparatus connected to such systems. Although much of the field is concerned with the problems of three-phase electric power, three-phase AC power – the standard for large-scale power transmission and distribution across the modern world – a significant fraction of the field is concerned with the conversion between rectifier, AC and DC power and the development of specialized power systems such as those used in aircraft or for electric railway networks. Power engineering draws the majority of its theoretical base from electrical engineering and mechanical engineering. History Pioneering years Electricity became a subject of scientific interest in the late 17th century. Over the next two centuries a number of important discoveries were made including the incandes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. Interdisciplinary scient ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
