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Merchant Wind Power
Merchant wind power (MWP) is a framework of developing electricity from wind turbines placed on land owned by brown-field sites, such as those of heavy industry. The wind-turbine operators then supply the land owners with power at reduced rates. History The phrase was originally coined by Ecotricity, a UK-based, renewable energy company and wind developer. This has created a market where MWP companies install and operate the turbines on brown field sites, with site owners leasing land to the operator and purchasing green electricity at reduced rates. In most cases the development, installation and operation of the turbine site is carried out by a company specialising in merchant wind power who effectively own and operate the turbines, taking all the financial risk required such as paying for procurement of turbines, installation cost etc. In the United States Merchant power plant development began in the United States in 1998 with fossil fuel generation projects. In 2000, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madison Wind Farm
The Madison Wind Farm is a power generation plant located in the town of Madison, New York. Constructed in 1999-2000, it was the first wind farm completed in New York state and the first merchant wind farm in the country. The power plant consists of seven Vestas V66-1.65 MW wind turbines, generating enough energy to power up to 10,000 homes. The Vestas V66-1.65 MW wind turbines have a hub height of 67m and a 66m rotor diameter totally 100m to the top of the rotor History The Madison Wind Farm was developed and funded by the unregulated arm of PG&E, by project manager Laura Walker; construction began in 1999. It was the first wind farm in New York State and the first merchant wind farm in the United States. The facility is located on private dairy farm land in the town and county of Madison, in upstate New York. The New York State alternative energy program supported its development. These turbines can produce enough energy for up to 10,000 homes. The power produced by these tu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wind Turbine
A wind turbine is a device that converts the kinetic energy of wind into electrical energy. Hundreds of thousands of large turbines, in installations known as wind farms, now generate over 650 gigawatts of power, with 60 GW added each year. Wind turbines are an increasingly important source of intermittent renewable energy, and are used in many countries to lower energy costs and reduce reliance on fossil fuels. One study claimed that, wind had the "lowest relative greenhouse gas emissions, the least water consumption demands and the most favorable social impacts" compared to photovoltaic, hydro, geothermal, coal and gas energy sources. Smaller wind turbines are used for applications such as battery charging for auxiliary power for boats or caravans, and to power traffic warning signs. Larger turbines can contribute to a domestic power supply while selling unused power back to the utility supplier via the electrical grid. Wind turbines are manufactured in a wide range of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madison, New York
Madison is a town in Madison County, New York, United States. The population was 3,008 at the 2010 census. The Town of Madison contains a village also named Madison. The town is near the eastern border of the county. History Settlement began ''circa'' 1794. The town was formed in 1807 from a portion of the Town of Hamilton. Madison is well known because of the Madison Wind Farm, built in 2000. Darwin D. Martin, a Larkin Company executive, was born in Bouckville in 1865. Geography The northern and eastern town lines are the border of Oneida County. US Route 20 passes across the town. According to the United States Census Bureau, the town has a total area of 41.4 square miles (107.2 km2), of which 40.9 square miles (105.9 km2) is land and 0.5 square mile (1.3 km2) (1.23%) is water. U.S. Route 20, conjoined with New York State Route 12B forms an east-west highway across the town. Demographics As of the census of 2000, there were 2,801 peo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Purchase Agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counter parties. Contractual terms of a PPA may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United Stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reading, Berkshire
Reading ( ) is a town and borough in Berkshire, Southeast England, southeast England. Located in the Thames Valley at the confluence of the rivers River Thames, Thames and River Kennet, Kennet, the Great Western Main Line railway and the M4 motorway serve the town. Reading is east of Swindon, south of Oxford, west of London and north of Basingstoke. Reading is a major commercial centre, especially for information technology and insurance. It is also a regional retail centre, serving a large area of the Thames Valley with its shopping centre, the The Oracle, Reading, Oracle. It is home to the University of Reading. Every year it hosts the Reading and Leeds Festivals, Reading Festival, one of England's biggest music festivals. Reading has a professional association football team, Reading F.C., and participates in many other sports. Reading dates from the 8th century. It was an important trading and ecclesiastical centre in the Middle Ages, the site of Reading Abbey, one of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
M4 Motorway
The M4, originally the London-South Wales Motorway, is a motorway in the United Kingdom running from west London to southwest Wales. The English section to the Severn Bridge was constructed between 1961 and 1971; the Welsh element was largely complete by 1980, though a non-motorway section around Briton Ferry bridge remained until 1993. On the opening of the Second Severn Crossing in 1996, the M4 was rerouted over it. The line of the motorway from London to Bristol runs closely in parallel with the A4 road (England), A4. After crossing the River Severn, toll-free since 17 December 2018, the motorway follows the A48 road (Great Britain), A48, to terminate at the Pont Abraham services in Carmarthenshire. The M4 is the only motorway in Wales apart from its two Spur route, spurs: the A48(M) motorway, A48(M) and the M48 motorway, M48. The major towns and cities along the routea distance of approximately include Slough, Reading, Berkshire, Reading, Swindon, Bristol, Newport, Wales, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independent System Operator
A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning multiple states are therefore regulated by the Federal Energy Regulatory Commission (FERC). The voluntary creation of RTOs was initiated by FERC Order No. 2000, issued on December 20, 1999. The purpose of the RTO is to promote economic efficiency, reliability, and non-discriminatory practices while reducing government oversight. An independent system operator (ISO) is similarly an organization formed at the recommendation of FERC. In the areas where an ISO is established, it coordinates, controls, and monitors the operation of the electrical power system, usually within a single US state, but sometimes encompassing multiple states. RTOs typically perform the same functions as ISOs but cov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brownfield Land
In urban planning, brownfield land is any previously developed land that is not currently in use. It may be potentially contaminated, but this is not required for the area to be considered brownfield. The term is also used to describe land previously used for industrial or commercial purposes with known or suspected pollution including soil contamination due to hazardous waste. Examples sites include abandoned factories, landfills, dry cleaning establishments and gas stations. Typical contaminants include hydrocarbon spillages, solvents and pesticides, as well as heavy metals like lead, tributyl tins and asbestos. Many contaminated brownfield sites sit unused for decades as involuntary parks because cleaning cost is more than land worth after redevelopment. Previously unknown underground wastes can increase the cost for study and clean-up. Acquisition, adaptive re-use, and disposal of a brownfield site requires advanced and specialized appraisal analysis techniques. Remedi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PJM Interconnection
PJM Interconnection LLC (PJM) is a regional transmission organization (RTO) in the United States. It is part of the Eastern Interconnection grid operating an electric transmission system serving all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia. PJM, headquartered in Valley Forge, Pennsylvania, was the world's largest competitive wholesale electricity market until the development of the European Integrated Energy Market in the 2000s. More than 1,000 companies are members of PJM, which serves 65 million people and has 185 gigawatts of generating capacity. With 1,436 electric power generators and 85,103 miles of transmission lines, PJM delivered 783 terawatt-hours of electricity in 2021. Started in 1927, the pool was renamed the ''Pennsylvania-New Jersey-Maryland'' Interconnection (PJM) in 1956. The organization continues to integrate addition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Purchase Agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counter parties. Contractual terms of a PPA may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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