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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, dispatchable generation, or by a collection of smaller intermittent energy sources, 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 dispatchable generation which can be turned up or down quickly, such as load following power plants, peaking power plants, or energy storage. Power plants that do not change their power output quickly, such as 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 Historically, most or all of base load demand was met with baseload power plants, whereas new capacity based around renewables ofte ...
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Taichung Thermal Power Plant
Taichung (, Wade–Giles: ''Tʻai²-chung¹'', pinyin: ''Táizhōng''), officially Taichung City, is a special municipality located in central Taiwan. Taichung has approximately 2.8 million residents and is the second most populous city of Taiwan, as well as the most populous city in Central Taiwan. It serves as the core of the Taichung–Changhua metropolitan area, the second largest metropolitan area in Taiwan. Located in the Taichung Basin, the city was initially developed from several scattered hamlets helmed by the Taiwanese indigenous peoples. It was constructed to be the new capital of Taiwan Province and renamed as " Taiwan-fu" in the late Qing dynastic era between 1887 and 1894. During the Japanese era from 1895, the urban planning of present-day city of Taichung was performed and developed by the Japanese. From the start of ROC rule in 1945, the urban area of Taichung was organized as a provincial city up until 25 December 2010, when the original provincial city an ...
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Solar Thermal
Solar thermal energy (STE) is a form of energy and a technology for harnessing solar energy to generate thermal energy for use in industry, and in the residential and commercial sectors. Solar thermal collectors are classified by the United States Energy Information Administration as low-, medium-, or high-temperature collectors. Low-temperature collectors are generally unglazed and used to heat swimming pools or to heat ventilation air. Medium-temperature collectors are also usually flat plates but are used for heating water or air for residential and commercial use. High-temperature collectors concentrate sunlight using mirrors or lenses and are generally used for fulfilling heat requirements up to 300 deg C / 20 bar pressure in industries, and for electric power production. Two categories include Concentrated Solar Thermal (CST) for fulfilling heat requirements in industries, and Concentrated Solar Power (CSP) when the heat collected is used for electric power generation. ...
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Steve Holliday
Steven John Holliday FREng, born 26 October 1956, is a British businessman and engineer. He was the chief executive officer (CEO) of National Grid plc from 2007 to 2016. Early life Born in Exeter, Holliday is the son of Michael J. Holliday and Jean I. Holliday (née Day). Holliday attended Okehampton College, then studied at the University of Nottingham, and gained a bachelor's degree in Mining Engineering in 1978. Holliday was elected in 2010, as a Fellow of the Royal Academy of Engineering Career Holliday joined Exxon in 1978, where he worked for 19 years until 1997, gaining experience in all aspects of the oil and gas industry. Holliday was made operations manager of the Fawley Refinery near Southampton in the UK when he was 30 years old. In 1998, when British Borneo merged with Hardy Oil and Gas, Holliday became the international director. Holliday joined the National Grid Group as the board director responsible for the UK and Europe, in March 2001. Following the merge ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The 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 share price, market share, revenues or another element. In the non-profit 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 main manager of the organization and the highest-ranki ...
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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 in France is Nuclear power, with a generation of 379.5 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 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 -€18,5 billion. Électricité de France (EDF)the country's main electricity generation and distribution company – manages the country's 56 power reactors. EDF is substantially owned by the French Government, with around 85% shares in government hands. "Shareholding policy". Électricité de Fr ...
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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 fo ...
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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 incremented, 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 or the sun. 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, scheduled or unscheduled. Other facto ...
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Fixed Costs
In accounting and economics, 'fixed costs', also known as indirect costs or overhead costs, are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be recurring, such as interest or rents being paid per month. These costs also tend to be capital costs. This is in contrast to variable costs, which are volume-related (and are paid per quantity produced) and unknown at the beginning of the accounting year. Fixed costs have an effect on the nature of certain variable costs. For example, a retailer must pay rent and utility bills irrespective of sales. As another example, for a bakery the monthly rent and phone line are fixed costs, irrespective of how much bread is produced and sold; on the other hand, the wages are variable costs, as more workers would need to be hired for the production to increase. For any factory, the fix cost should be all the money paid on capitals and land. Such fixed costs as buying machines and l ...
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Renewables Need Flexible Backup Not Baseload
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefor ...
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Curtailment (electricity)
In electric grid power generators, curtailment is the deliberate reduction in output below what could have been produced in order to balance energy supply and demand or due to transmission constraints. The definition is not strict, and several types of curtailment exist. "Economic dispatch" (low market price) is the most common. Curtailment is a loss of potentially useful energy, and may impact power purchase agreements. However, utilizing all available energy may require costly methods such as building new power lines or storage, becoming more expensive than letting surplus power go unused. Examples After ERCOT built a new transmission line from the Competitive Renewable Energy Zone in West Texas to the central cities in the Texas Interconnection in 2013, curtailment was reduced from 8-16% to near zero.Wiser, Ryan H., and Mark Bolinger.2014 Wind Technologies Market Report page 38. ''Lawrence Berkeley National Laboratory'', August 2015. Curtailment of wind power in western China ...
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