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Baseload Power
The base load (also baseload) is the minimum level of demand on an electrical grid over a span of time, for example, one week. This demand can be met by unvarying power plants or dispatchable generation, depending on which approach has the best mix of cost, availability and reliability in any particular market. The remainder of demand, varying throughout a day, is met by intermittent sources together with dispatchable generation (such as load following power plants, peaking power plants, which can be turned up or down quickly) or energy storage. Power plants that do not change their power output quickly, such as some large coal or nuclear plants, are generally called baseload power plants.Donald G. Fink, H. Wayne Beatty (ed), ''Standard Handbook for Electrical Engineers'', Eleventh Edition, Mc-Graw Hill, 1978 , pp. 12-16 through 12-18 In the 20th century most or all of base load demand was met with baseload power plants, whereas new capacity based around renewables often employs fl ...
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Metsamor NPP Aerial View 1 Cropped
Metsamor (, ), is a town and urban municipal community in the Armavir Province of Armenia. It is famous for being home to Armenia's Metsamor Nuclear Power Plant, the only nuclear plant in the Transcaucasian region. As of the 2011 census, the town had a population of 9,191. As per the 2016 official estimate, Metsamor has a population of around 8,000. As of the 2022 census, the town had a population of 8,472. Etymology The name of the town is derived from the nearby river of Metsamor. It is composed of 2 Armenian words: ''mets'' () meaning ''great'', and ''mor'' () meaning ''mother's'', being the genitive case, genitive singular form of the word ''mayr'' () meaning ''mother''. The name is most probably refers to the Mary, mother of Jesus, Virgin Mary as the Great Theotokos, Mother of God. History The construction of the settlement of Metsamor was launched in 1969, within the ''Hoktemberyan'' raion of the Armenian Soviet Socialist Republic. It was mainly founded as the residential ...
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Dispatchable Generation
Dispatchable generation refers to sources of electricity that can be programmed ''on demand'' at the request of power grid operators, according to market needs. Dispatchable generators may adjust their power output according to a request. Conventional power sources like gas, coal and some nuclear may be considered dispatchable to varying degrees, while most renewable energy sources are not. Sometimes though, coal & nuclear can be classed as non-dispatchable, due to the slow shutdown / startup times of their plants. Inverter-based intermittent resources like wind and solar power are quickly adjustable only to reduce their output ( curtailment) relative to their production limit at any given time, which is given by the availability of the resource (like sun or wind). For this reason, they are not considered dispatchable. Other types of renewable energy can be dispatchable without separate energy storage. These include hydroelectric, biomass, geothermal and solar thermal.
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Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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National Grid Plc
National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York and Massachusetts. National Grid plc is one of the largest investor-owned utility companies in the world; it has a primary listing on the London Stock Exchange where it is a constituent of the FTSE 100 Index, and a secondary listing in the form of its American depositary receipts on the New York Stock Exchange. History Background (CEGB before 1990) Before 1990, both the generation and transmission activities in England and Wales were under the responsibility of the Central Electricity Generating Board (CEGB). The present electricity market in the Unit ...
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Nuclear Power In France
Since the mid-1980s, the largest source of Electricity sector in France, electricity in France has been nuclear power, with a generation of 379.5 terawatt-hour, TWh in 2019 and a total electricity production of . In 2018, the nuclear share was 71.67%, the highest percentage in the world. Since June 2020, it has 56 operable reactors totalling 61,370 Watt#MWe, MWe, one under construction (1630 MWe), and 14 shut down or in decommissioning (5,549 MWe). In May 2022, EDF reported that twelve reactors were shut down and being inspected for stress corrosion, requiring EDF to adjust its French nuclear output estimate for 2022 to 280–300 TWh; the estimate of the impact of the decrease in output on the Group's EBITDA for 2022 was assessed to be billion. Électricité de France (EDF)the country's main electricity generation and distribution company – manages the country's 56 Nuclear fission#Fission reactors, power reactors. EDF is fully owned by the French government. Nuclear p ...
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Causes Of Climate Change
The scientific community has been investigating the causes of climate change for decades. After thousands of studies, the scientific consensus is that it is "unequivocal that human influence has warmed the atmosphere, ocean and land since pre-industrial times." This consensus is supported by around 200 scientific organizations worldwide.. Archived page: The source appears to incorrectly list the Society of Biology (UK) twice. The scientific principle underlying current climate change is the greenhouse effect, which provides that greenhouse gases pass sunlight that heats the earth, but trap some of the resulting heat that radiates from the planet's surface. Large amounts of greenhouse gases such as carbon dioxide and methane have been released into the atmosphere through burning of fossil fuels since the industrial revolution. Indirect emissions from land use change, emissions of other greenhouse gases such as nitrous oxide, and increased concentrations of water vapor in the atmos ...
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Carbon Dioxide Emission
Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide (), from burning fossil fuels such as coal, petroleum, oil, and natural gas, is the main cause of climate change. The top contributors to greenhouse gas emissions, largest annual emissions are from China followed by the United States. The United States has List of countries by greenhouse gas emissions per capita, higher emissions per capita. The main producers fueling the emissions globally are Big Oil, large oil and gas companies. Emissions from human activities have increased Carbon dioxide in Earth's atmosphere, atmospheric carbon dioxide by about 50% over pre-industrial levels. The growing levels of emissions have varied, but have been consistent among all greenhouse gases. Emissions in the 2010s averaged 56 billion tons a year, higher than any decade before. Total cumulative emissions from 1870 to 2022 were 703 (2575 ), of which 484±20 (177 ...
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International Energy Agency
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organization, established in 1974, that provides policy recommendations, analysis and data on the global energy sector. The 31 member countries and 13 association countries of the IEA represent 75% of global energy demand. The IEA was set up under the framework of the Organisation for Economic Co-operation and Development (OECD) in the aftermath of the 1973 oil crisis to respond to physical disruptions in global oil supplies, provide data and statistics about the global Petroleum industry, oil market and Energy industry, energy sector, promote energy savings and conservation, and establish international technical collaboration. Since its founding, the IEA has also coordinated use of the oil reserves that its members are required to hold. By regularly underestimating the role of renewable energies and overestimating the growth of nuclear energy, the IEA promotes the nuclear industry. In subsequen ...
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Negative Pricing
In economics, negative pricing can occur when demand for a product drops or supply increases to an extent that owners or suppliers are prepared to pay others to accept it, in effect setting the price to a negative number. This can happen because it costs money to transport, store, and dispose of a product even when there is little demand to buy it, or because halting production would be more expensive than selling at a negative price. Negative prices are usual for waste such as garbage and nuclear waste. For example, a nuclear power plant may "sell" radioactive waste to a processing facility for a negative price; in other words, the power plant is paying the processing facility to take the unwanted radioactive waste. The phenomenon can also occur in energy prices, including electricity prices, natural gas prices, and oil prices. Examples Natural gas in West Texas Natural gas prices in the Permian Basin, West Texas, went below zero more than once in 2019. Natural gas is produc ...
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, 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 ...
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Marginal Costs
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 the ...
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Plant Load Factor
The net capacity factor is the unitless ratio of actual electrical energy output over a given period of time to the theoretical maximum electrical energy output over that period. The theoretical maximum energy output of a given installation is defined as that due to its continuous operation at full nameplate capacity over the relevant period. The capacity factor can be calculated for any electricity producing installation, such as a fuel consuming power plant or one using renewable energy, such as wind, the sun or hydro-electric installations. The average capacity factor can also be defined for any class of such installations, and can be used to compare different types of electricity production. The actual energy output during that period and the capacity factor vary greatly depending on a range of factors. The capacity factor can never exceed the availability factor, or uptime during the period. Uptime can be reduced due to, for example, reliability issues and maintenance, schedu ...
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