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Store Energy
Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an accumulator or battery. Energy comes in multiple forms including radiation, chemical, gravitational potential, electrical potential, electricity, elevated temperature, latent heat and kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms. Some technologies provide short-term energy storage, while others can endure for much longer. Bulk energy storage is currently dominated by hydroelectric dams, both conventional as well as pumped. Grid energy storage is a collection of methods used for energy storage on a large scale within an electrical power grid. Common examples of energy storage are the rechargeable battery, which stores chemical energy readily convertible to electricity to operate a ...
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Capital Expenditure
Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof. Capital expenditures contrast with operating expenses (opex), which are ongoing expenses that are inherent to the operation of the asset. Opex includes items like electricity or cleaning. The difference between opex and capex may not be immediately obvious for some expenses; for instance, repaving the parking lot may be thought of inherent to the operation of a shopping mall. The dividing line for items like these is that the expense is considered capex if the financial benefit of the expenditure extends beyond the current fiscal year. Usage Capital expenditures are the funds used to acquire or upgra ...
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Spring (device)
A spring is an elastic object that stores mechanical energy. In everyday use the term often refers to coil springs, but there are many different spring designs. Modern springs are typically manufactured from spring steel, although some non-metallic objects like the bow are also springs. When a conventional spring, without stiffness variability features, is compressed or stretched from its resting position, it exerts an opposing force approximately proportional to its change in length (this approximation breaks down for larger deflections). The ''rate'' or ''spring constant'' of a spring is the change in the force it exerts, divided by the change in deflection of the spring. That is, it is the gradient of the force versus deflection curve. An extension or compression spring's rate is expressed in units of force divided by distance, for example or N/m or lbf/in. A torsion spring is a spring that works by twisting; when it is twisted about its axis by an angle, it produc ...
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Available Storage Technologies, Their Capacity And Discharge Time
In reliability engineering, the term availability has the following meanings: * The degree to which a system, subsystem or equipment is in a specified operable and committable state at the start of a mission, when the mission is called for at an unknown, ''i.e.'' a random, time. * The probability that an item will operate satisfactorily at a given point in time when used under stated conditions in an ideal support environment. Normally high availability systems might be specified as 99.98%, 99.999% or 99.9996%. Representation The simplest representation of availability (''A'') is a ratio of the expected value of the uptime of a system to the aggregate of the expected values of up and down time (that results in the "total amont of time" ''C'' of the observation window) : A = \frac = \frac Another equation for availability (''A'') is a ratio of the Mean Time To Failure (MTTF) and Mean Time To Repair (MTTR), or : A = \frac = \frac If we define the status function X(t) as : X( ...
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Electric Vehicles
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion eng ...
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Off-the-grid
Off-the-grid or off-grid is a characteristic of buildings and a lifestyle designed in an independent manner without reliance on one or more public utilities. The term "off-the-grid" traditionally refers to not being connected to the electrical grid, but can also include other utilities like water, gas, and sewer systems, and can scale from residential homes to small communities. Off-the-grid living allows for buildings and people to be self-sufficient, which is advantageous in isolated locations where normal utilities cannot reach and is attractive to those who want to reduce environmental impact and cost of living. Generally, an off-grid building must be able to supply energy and potable water for itself, as well as manage food, waste and wastewater. Energy Energy for electrical power and heating can be generated on-site with renewable energy sources such as solar (particularly with photovoltaics), wind, or micro hydro. Additional forms of energy include biomass, commonly in t ...
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Renewable Energy Industry
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide have paid greater attention to this emerging industry in recent years. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion. The wind power, solar power and hydroelectric power industries provide good examples of this. In 2020, the global renewable energy market was valued at $881.7 billion and consumption grew 2.9 EJ. China was the largest contributor to renewable growth, accounting an increment of 1.0 EJ in consumption, followed by the US, Japan, the United Kingdom, India, and Germany. In Europe, renewable consumption incremented 0.7 EJ. Overview Net-zero and 100% renewable energy global goals create market opportunities for renewable industries such as solar and wind energy and lithium-ion batteries. By 2050, it’s estimated that the renewable market will reach a ...
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Duck Curve
The duck curve is a graph of power production over the course of a day that shows the timing imbalance between peak demand and renewable energy production. Used in utility-scale electricity generation, the term was coined in 2012 by the California Independent System Operator. Solar power In some energy markets, daily peak demand occurs after sunset, when solar power is no longer available. In locations where a substantial amount of solar electric capacity has been installed, the amount of power that must be generated from sources other than solar or wind displays a rapid increase around sunset and peaks in the mid-evening hours, producing a graph that resembles the silhouette of a duck.Paul Denholm, Matthew O'Connell, Gregory Brinkman, and Jennie Jorgenson.Overgeneration from Solar Energy in California: A Field Guide to the Duck Chart NREL/TP-6A20-65023. '' National Renewable Energy Laboratory'', November 2015 In Hawaii, significant adoption of solar generation has led ...
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Solar Power
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Photovoltaic cells convert light into an electric current using the photovoltaic effect. Concentrated solar power systems use lenses or mirrors and solar tracking systems to focus a large area of sunlight to a hot spot, often to drive a steam turbine. Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. Since then, as the cost of solar electricity has fallen, grid-connected solar PV systems have grown more or less exponentially. Millions of installations and gigawatt-scale photovoltaic power stations continue to be built, with half of new generation capacity being solar in ...
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Climate Change
In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global average temperature is more rapid than previous changes, and is primarily caused by humans burning fossil fuels. Fossil fuel use, deforestation, and some agricultural and industrial practices increase greenhouse gases, notably carbon dioxide and methane. Greenhouse gases absorb some of the heat that the Earth radiates after it warms from sunlight. Larger amounts of these gases trap more heat in Earth's lower atmosphere, causing global warming. Due to climate change, deserts are expanding, while heat waves and wildfires are becoming more common. Increased warming in the Arctic has contributed to melting permafrost, glacial retreat and sea ice loss. Higher temperatures are also causing ...
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Hydropower
Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kinetic energy of a water source to produce power. Hydropower is a method of sustainable energy production. Hydropower is now used principally for hydroelectric power generation, and is also applied as one half of an energy storage system known as pumped-storage hydroelectricity. Hydropower is an attractive alternative to fossil fuels as it does not directly produce carbon dioxide or other atmospheric pollutants and it provides a relatively consistent source of power. Nonetheless, it has economic, sociological, and environmental downsides and requires a sufficiently energetic source of water, such as a river or elevated lake. International institutions such as the World Bank view hydropower as a low-carbon means for economic development. Since ancient t ...
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Chemical
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., without breaking chemical bonds. Chemical substances can be simple substances (substances consisting of a single chemical element), chemical compounds, or alloys. Chemical substances are often called 'pure' to set them apart from mixtures. A common example of a chemical substance is pure water; it has the same properties and the same ratio of hydrogen to oxygen whether it is isolated from a river or made in a laboratory. Other chemical substances commonly encountered in pure form are diamond (carbon), gold, table salt ( sodium chloride) and refined sugar ( sucrose). However, in practice, no substance is entirely pure, and chemical purity is specified according to the intended use of the chemical. Chemical substances exist as solids, ...
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