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Even so, "MMbtu" is often used to indicate one million Btu particularly in the oil and gas industry. [14] Energy analysts accustomed to the metric "k" ('kilo-') for 1,000 are more likely to use MBtu to represent one million, especially in documents where M represents one million in other energy or cost units, such as MW, MWh and $. [15]
The tonne of oil equivalent (toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil.It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist.
Since this is a measurement of mass, any conversion to barrels of oil equivalent depends on the density of the oil in question, as well as the energy content. Typically 1 tonne of oil has a volume of 1.08 to 1.19 cubic metres (6.8 to 7.5 bbl).
Energy; system unit code (alternative) symbol or abbrev. notes sample default conversion combinations SI: yottajoule: YJ YJ 1.0 YJ (2.8 × 10 17 kWh) zettajoule: ZJ ZJ 1.0 ZJ (2.8 × 10 14 kWh)
Natural gas meters measure volume and not energy content, and given that the energy density varies with the mix of hydrocarbons in the natural gas, a "therm factor" is used by natural gas companies to convert the volume of gas used to its heat equivalent, usually being expressed in units of "therms per CCF" (CCF is an abbreviation for 100 ...
In South America, the second largest supplier of natural gas is Bolivia. The price which Bolivia is paid for its natural gas is roughly US$3.25 per million British thermal units ($11.1/MWh) to Brazil and $3.18 per million British thermal units ($10.9/MWh) to Argentina. [35]
Oil conversion factor from m³ to bbl (or stb) is 6.28981100 Gas conversion factor from standard m³ to scf is 35.314666721 Note that the m³ gas conversion factor takes into account a difference in the standard temperature base for measurement of gas volumes in metric and imperial units.
All the SI prefixes are commonly applied to the watt-hour: a kilowatt-hour is 1,000 Wh (kWh); a megawatt-hour is 1 million Wh (MWh); a milliwatt-hour is 1/1,000 Wh (mWh) and so on. The kilowatt-hour is commonly used by electrical energy providers for purposes of billing, since the monthly energy consumption of a typical residential customer ...