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The takeaway: "If your goal is to have a full backup generator for the entire house, then the standby generator will be an optimal option," Mase says. Figure Out How Many Watts You Need
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Power purchase agreement. A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually an utility, government or company. [1][2] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
A diesel generator (DG) (also known as a diesel GenSet) is the combination of a diesel engine with an electric generator (often an alternator) to generate electrical energy. [1] This is a specific case of an engine generator. A diesel compression-ignition engine is usually designed to run on diesel fuel, but some types are adapted for other ...
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 ...
Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project. Through carefully planned equations, hierarchical listing of elements, standard calculations, checklists of project elements and other ...
In electricity generation, a generator[1] is a device that converts motion-based power (potential and kinetic energy) or fuel-based power (chemical energy) into electric power for use in an external circuit. Sources of mechanical energy include steam turbines, gas turbines, water turbines, internal combustion engines, wind turbines and even ...
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