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Basslink cross-section. The Basslink (/ ˈ b æ s l ɪ ŋ k / [2]) electricity interconnector is a 370 km (230 mi) 500 MW (670,000 hp) high-voltage direct current (HVDC) cable linking the electricity grids of the states of Victoria and Tasmania in Australia, crossing Bass Strait, connecting the Loy Yang Power Station, Victoria on the Australian mainland to the George Town substation in ...
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 ...
GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. [4] Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris , France , part of conditions for the Alstom purchase.
NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian public sector hydropower company that was incorporated in 1975 to plan, promote and organise an integrated and efficient development of hydroelectric power. Recently it has expanded to include other sources of energy like solar, geothermal, tidal, and wind.
Pumped-storage hydroelectricity (PSH), or pumped hydroelectric energy storage (PHES), is a type of hydroelectric energy storage used by electric power systems for load balancing. A PSH system stores energy in the form of gravitational potential energy of water, pumped from a lower elevation reservoir to a higher elevation.
However many run-of-the-river hydro power plants are micro hydro or pico hydro plants. Much hydropower is flexible, thus complementing wind and solar, as it not intermittent. [92] In 2021, the world renewable hydropower capacity was 1,360 GW. [73] Only a third of the world's estimated hydroelectric potential of 14,000 TWh/year has been developed.
The carbon price will increase to $25.40 per tonne by 2014–15, and then will be set by the market from 1 July 2015 onwards. [20] It was expected that in addition to encouraging efficient use of electricity, pricing carbon will encourage investment in cleaner renewable energy sources such as solar and wind power.
Hydropower (from Ancient Greek ὑδρο-, "water"), also known as water power or water energy, 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. [1] Hydropower is a method of sustainable energy ...