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Electricity Pricing
Electricity pricing (also referred to as electricity tariffs or the price of electricity) can vary widely by country or by locality within a country. Electricity prices are dependent on many factors, such as the price of power generation, government taxes or subsidies, taxes, local weather patterns, transmission and distribution infrastructure, and multi-tiered industry regulation. The pricing or tariffs can also differ depending on the customer-base, typically by residential, commercial, and industrial connections. According to the U.S. Energy Information Administration (EIA), "Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid." Where pricing forecasting is the method by which a generator, a utility company, or a large industrial consumer can predict the wholesale prices of electricity with reasonable accuracy. Due to the complications of electricity generation, the cost to supply electricity varies min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity As A Luxury Good In Germany In 2022 - Image Impression Of A Street Photographer
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 Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the Work (physics), work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Service Commission
Public Service Commission may refer to: * Public utilities commission ** Alabama Public Service Commission ** Public Service Commission (Indiana) ** Public Service Commission of Utah ** Public Utilities Commission of Ohio ** Public Utilities Commission of Sri Lanka ** Public Utility Commission of Texas * Civil service commission **Australian Public Service Commission ** Bangladesh Public Service Commission ** Public Service Commission of Canada ** Public Services Commission of Ghana ** Public Service Commission (Hong Kong) ** Public service commissions in India, state and central commissions *** Union Public Service Commission, central governmental recruiting agency for the civil services of India ** Public Service Commission (Kenya) ** Public Services Commission of Malaysia ** Public Service Commission (Nepal) ** Public Service Commission (New Zealand) ** Public Service Commission (Singapore) ** Public Service Commission (Sri Lanka) ** Federal Public Service Commission T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feed-in Tariff
A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an above-market price and providing price certainty and long-term contracts that help finance renewable energy investments. Typically, FITs award different prices to different sources of renewable energy in order to encourage the development of one technology over another. For example, technologies such as wind power and solar PV are awarded a higher price per kWh than tidal power. FITs often include a "digression": a gradual decrease of the price or tariff in order to follow and encourage technological cost red ... [...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] |
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] |
Electricity Liberalization
Energy liberalisation refers to the liberalisation of energy markets, with specific reference to electricity generation markets, by bringing greater competition into electricity and gas markets in the interest of creating more competitive markets and reductions in price by privatisation.energy-liberalisation from Financial Times Lexicon (archived on 9 Aug 2016) As the supply of electricity is a , this entails complex and costly systems of to enforce a system of |
Electricity Meter
file:Hydro quebec meter.JPG, North American domestic analog signal, analog (Galileo Ferraris, Ferraris disk) electricity meter. file:Transparent Electricity Meter found in Israel.JPG, Electricity meter with transparent plastic case (Israel) file:West Bengal State Electricity Distribution Company Limited electricity meter – Purulia, West Bengal, India.jpg, Electricity meter in West Bengal, IndiaAn electricity meter, electric meter, electrical meter, energy meter, or kilowatt-hour meter is a device that measures the amount of electric energy consumed by a House, residence, a business, or an electrically powered device over a time interval. Electric utility, Electric utilities use electric meters installed at customers' premises for electricity pricing, billing and monitoring purposes. They are typically calibrated in billing units, the most common one being the kilowatt hour (''kWh''). They are usually read once each billing period. When energy savings during certain periods ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Billing In The UK
In the United Kingdom, an electricity supplier is a retailer of electricity. For each supply point the supplier has to pay the various costs of transmission, distribution, meter operation, data collection, tax etc. The supplier then adds in energy costs and the supplier's own charge. Regulation of the charging of customers is covered by the industry regulator Ofgem. MSP, GSP and NBP MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter. Some kWh elements of the bill are charged at MSP and some at GSP. The LLF for a particular supply depends on the distribution network operator (DNO) and the supply's characteristics and the time and date (day of week, season etc.). Some electricity bills ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost Of Electricity By Source
Different methods of electricity generation can incur a variety of different costs, which can be divided into three general categories: 1) wholesale costs, or all costs paid by utilities associated with acquiring and distributing electricity to consumers, 2) retail costs paid by consumers, and 3) external costs, or Externality, externalities, imposed on society. Wholesale costs include initial capital (finance), capital, operations & maintenance (O&M), transmission, and costs of decommissioning. Depending on the local regulatory environment, some or all wholesale costs may be passed through to consumers. These are costs per unit of energy, typically represented as dollars/megawatt hour (wholesale). The calculations also assist governments in making decisions regarding energy policy. On average the levelized cost of electricity from utility-scale solar, utility scale solar power and Wind power, onshore wind power is less than from coal-fired power station, coal and gas-fired powe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Return On Investment
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.Return On Investment – ROI , Investopedia as accessed 8 January 2013 In economic terms, it is one way of relating profits to capital invested. Purpose In business, ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Total Harmonic Distortion
The total harmonic distortion (THD or THDi) is a measurement of the harmonic distortion present in a signal and is defined as the ratio of the sum of the powers of all harmonic components to the power of the fundamental frequency. Distortion factor, a closely related term, is sometimes used as a synonym. In audio systems, lower distortion means that the components in a loudspeaker, amplifier or microphone or other equipment produce a more accurate reproduction of an audio recording. In radio communications, devices with lower THD tend to produce less unintentional interference with other electronic devices. Since harmonic distortion can potentially widen the frequency spectrum of the output emissions from a device by adding signals at multiples of the input frequency, devices with high THD are less suitable in applications such as spectrum sharing and spectrum sensing. In power systems, lower THD implies lower peak currents, less heating, lower electromagnetic emissions, and le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
