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To express the efficiency of a generator or power plant as a percentage, invert the value if dimensionless notation or same unit are used. For example: A heat rate value of 5 gives an efficiency factor of 20%. A heat rate value of 2 kWh/kWh gives an efficiency factor of 50%. A heat rate value of 4 MJ/MJ gives an efficiency factor of 25%.
In reality, each gas-fired plant has a different fuel efficiency, but 49.13% is used as a standard in the UK market because it provides an easy conversion between gas and power volumes. The spark spread value is therefore the power price minus the gas cost divided by 0.4913, i.e. Spark Spread = Power Price – (Gas cost/0.4913).
A thermal power station, also known as a thermal power plant, is a type of power station in which the heat energy generated from various fuel sources (e.g., coal, natural gas, nuclear fuel, etc.) is converted to electrical energy. [1]
The energy efficiency of a fuel cell is generally between 40 and 60%; however, if waste heat is captured in a cogeneration scheme, efficiencies of up to 85% can be obtained. [24] World average fossil fuel electricity generation power plant as of 2008 [25] Chemical to electrical Gross output 39%, Net output 33% Electricity storage: Lithium-ion ...
A plant can also have its output curtailed or intentionally left idle because the electricity is not needed or because the price of electricity is too low to make production economical. This accounts for most of the unused capacity of peaking power plants and load following power plants. Peaking plants may operate for only a few hours per year ...
A large power transformer used in the electrical grid may have efficiency of more than 99%. Early 19th century transformers were much less efficient, wasting up to a third of the energy passing through them. [citation needed] A steam power plant used to generate electricity may have 30-40% efficiency. [citation needed]
The availability of a power plant varies greatly depending on the type of fuel, the design of the plant and how the plant is operated. Everything else being equal, plants that are run less frequently have higher availability factors because they require less maintenance and because more inspections and maintenance can be scheduled during idle time.
Forced outage rate (FOR or FOAR) of a power station unit is the probability that the unit will not be available for service when required.. FOR is defined as the number of hours the unit is on forced outage over the total number of hours in a year (which is the sum of hours the power station is available for service and hours the power station is in forced outage).