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Power Pool
Power pooling is used to balance electrical load over a larger network (electrical grid) than a single utility. It is a mechanism for interchange of power between two and more utilities which provide or generate electricity For exchange of power between two utilities there is an interchange agreement which is signed by them, but signing up an interchange agreement between each pair of utilities within a system can be a difficult task where several large utilities are interconnected. Thus, it is more advantageous to form a power pool with a single agreement that all join. That agreement provides established terms and conditions for pool members and is generally more complex than a bilateral agreement. In one model, the power pool, formed by the utilities, has a control dispatch office from where the pool is administered. All the tasks regarding interchange of power and the settlement of disputes are assigned to the pool administrator. The formation of power pools provide the followi ...
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Electrical Load
An electrical load is an electrical component or portion of a circuit that consumes (active) electric power, such as electrical appliances and lights inside the home. The term may also refer to the power consumed by a circuit. This is opposed to a power source, such as a battery or generator, which ''produces'' power. The term is used more broadly in electronics for a device connected to a signal source, whether or not it consumes power. If an electric circuit has an output port, a pair of terminals that produces an electrical signal, the circuit connected to this terminal (or its input impedance) is the ''load''. For example, if a CD player is connected to an amplifier, the CD player is the source and the amplifier is the load. Load affects the performance of circuits with respect to output voltages or currents, such as in sensors, voltage sources, and amplifiers. Mains power outlets provide an easy example: they supply power at constant voltage, with electrical applianc ...
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Electrical Grid
An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power Transmission: Background and Policy Issues. The Capital.Net, Government Series. Pp. 1-42. * power stations: often located near energy and away from heavily populated areas * electrical substations to step voltage up or down * electric power transmission to carry power long distances * electric power distribution to individual customers, where voltage is stepped down again to the required service voltage(s). Grids are nearly always synchronous, meaning all distribution areas operate with three phase alternating current (AC) frequencies synchronized (so that voltage swings occur at almost the same time). This allows transmission of AC power throughout the area, connecting a large number of electricity generators and consumers and potenti ...
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Electricity
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of p ...
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Unit Commitment
Power system operations is a term used in electricity generation to describe the process of decision-making on the timescale from one day (day-ahead operation) to minutes prior to the power delivery. The term power system control describes actions taken in response to unplanned ''disturbances'' (e.g., changes in demand or equipment failures) in order to provide reliable electric supply of acceptable quality. The corresponding engineering branch is called Power System Operations and Control. Electricity is hard to store, so at any moment the supply (generation) shall be balanced with demand ("grid balancing"). In an electrical grid the task of real-time balancing is performed by a regional-based control center, run by an electric utility in the traditional (vertical integration#Electric utilities, vertically integrated) electricity market. In the restructured North American power transmission grid, these centers belong to ''balancing authority, balancing authorities'' numbered 74 in ...
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Wheeling (electric Power Transmission)
In electric power transmission, wheeling is the transportation of electric energy (megawatt-hours) from within an electrical grid to an electrical load outside the grid boundaries. Two types of wheeling are 1) a wheel-through, where the electrical power generation and the load are both outside the boundaries of the transmission system and 2) a wheel-out, where the generation resource is inside the boundaries of the transmission system but the load is outside. Wheeling often refers to the scheduling of the energy transfer from one balancing authority (cf. Balancing Authority, Tie Facility and Interconnection) to another. Since the wheeling of electric energy requires use of a transmission system, there is often an associated fee which goes to the transmission owners. In a simpler sense, it refers to the process of transmission of electricity through the transmission lines. Transmission ownership Under deregulation, many vertically integrated utilities were separated into generation ...
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