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All Posts By

Steve Mills

Peaker Generation Plant Glossary
June 30, 2022

Peaker Generation Plant

Power plants which run predominantly during peak demand periods for electricity. Such plants exhibit the optimum balance – for peaking duty – of relatively high variable cost (fuel and maintenance cost per unit of generation) relative to fixed cost per unit of energy produced (low capital cost per unit of…
Molten Salt Glossary
June 24, 2022

Molten Salt

An energy storage medium used predominantly to retain the thermal energy collected by a solar tower or solar trough of a concentrating solar power plant, so that this energy can be used at a later time to generate electricity.
Nameplate Capacity Glossary
June 22, 2022

Nameplate Capacity

Nameplate capacity, also known as the rated capacity, nominal capacity, installed capacity, or maximum effect, is the intended full-load sustained output of a facility such as a power plant, electric generator, a chemical plant, fuel plant, metal refinery, mine, and many others. Nameplate capacity is the number registered with authorities…
Market Concession Model Glossary
June 21, 2022

Market Concession Model

A model in which a private company or non-governmental organisation is selected through a competitive process and given the exclusive obligation to provide energy services to customers in its service territory, upon customer request. The concession approach allows concessionaires to select the most appropriate and cost-effective technology for a given…
Load & Load Factor Glossary
June 20, 2022

Load & Load Factor

The amount of electric power delivered or required at any specific point or points on an electrical system. The requirement originates at the energy-consuming equipment of the customer. Load Factor measures the relationship between unit consumption and maximum demand and is the percentage capacity utilisation figure of a site's power consumption.…