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The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).
Electricity generation is the process of generating electric power from sources of primary energy.For utilities in the electric power industry, it is the stage prior to its delivery (transmission, distribution, etc.) to end users or its storage, using for example, the pumped-storage method.
In an electrical grid, the short circuit ratio (or SCR) is the ratio of: the short circuit apparent power (SCMVA) in the case of a line-line-line-ground (3LG) fault at the location in the grid where some generator is connected, to: the power rating of the generator itself (GMW).
The Faraday generator is named for Michael Faraday's experiments on moving charged particles in the Thames River. A simple Faraday generator consists of a wedge-shaped pipe or tube of some non-conductive material. When an electrically conductive fluid flows through the tube, in the presence of a significant perpendicular magnetic field, a ...
A magnetohydrodynamic generator directly extracts electric power from moving hot gases through a magnetic field, without the use of rotating electromagnetic machinery. MHD generators were originally developed because the output of a plasma MHD generator is a flame, well able to heat the boilers of a steam power plant .
A generator in electrical circuit theory is one of two ideal elements: an ideal voltage source, or an ideal current source. [1] These are two of the fundamental elements in circuit theory. Real electrical generators are most commonly modelled as a non-ideal source consisting of a combination of an ideal source and a resistor.
An automotive thermoelectric generator (ATEG) is a device that converts some of the waste heat of an internal combustion engine (IC) into electricity using the Seebeck Effect. A typical ATEG consists of four main elements: A hot-side heat exchanger , a cold-side heat exchanger, thermoelectric materials , and a compression assembly system.
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