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The figure usually refers to a period of one calendar year and is mainly applied to power plants. The annual utilisation rate or capacity factor derived from the number of full-load hours is the relative full-load utilisation in a year, i.e. the number of full-load hours divided by 8760 hours, the number of hours in a year with 365 days.
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 or up to several hours per day. Many other power plants operate only at certain times of the day or year because of variation in loads and electricity prices.
The diversity factor recognizes that the whole load does not equal the sum of its parts due to this time interdependence or "diversity." For example, one might have ten air conditioning units that are 20 tons each at a facility with an average full load equivalent operating hours of 2000 hours per year.
Data in this table are from Ember and are for 2023 unless otherwise specified. [1] Includes some dependent territories.Total consumption figures are in terawatt-hours while per-capita figures are in megawatt-hours.
The motor load factor is then 12/15 = 80%. The motor above may only be used for eight hours a day, 50 weeks a year. The hours of operation would then be 2800 hours, and the motor use factor for a base of 8760 hours per year would be 2800/8760 = 31.96%. With a base of 2800 hours per year, the motor use factor would be 100%.
In Job A, Joe will get 88 hours of paid holiday time and 40 hours of paid sick time in the first year. So he will work 1,952 hours, but he will get paid for 2,080 hours at $15 per hour , or $31,200.
Here, the working time per worker was around 2,456 hours per year, which is just under 47 hours per week. In Germany, on the other hand, it was just under 1,354 hours per year (26 per week and 3.7 per day), which was the lowest of all the countries studied. [1]
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