power Flashcards

1
Q

Power break-down between utility and non-utility?

A
Utility = 75%
Non-Utility = 25%
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2
Q

What is moving energy called?

A

Wheeling

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3
Q

Name of big wires?

Name of small wires?

A
Big = transmission
Small = distribution
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4
Q

Generation?

Capacity?

A
generation = power production
capacity = measure of output/capability
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5
Q

what is power traded in?

A

megawatts ( MWh)

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6
Q

Load?
Load Shape?
Load Factor?

A

Load = power delivered by a generator
Load shape = consumption profile
Load factor = ratio of average load to peak load

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7
Q

What is committment?

A

determination of next available lowest cost generation capacity

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8
Q

what is dispatch?

A

utilization of generation capacity

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9
Q

peak time of power use?

A

6 am - 10 pm (16 hours)

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10
Q

different frames power can be traded on?

A

hour, weekly, monthly, seasonal, long-term

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11
Q

when is most power made?

A

summer, 90%

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12
Q

what type of power quality is there?

A
firm = higher prices (guaranteed)
non-firm = lower prices (non guaranteed)
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13
Q

east coast peak vs non peak

A

peak = mon-fri

non peak = sat-sun

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14
Q

west coast peak vs non peak

A

peak = mon-sat

non peak = sunday

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15
Q

super peak blocks

A

6 am -10 am

4 pm -8 pm

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16
Q

valuing power

A

power = (peak days) x (peak hours) x (volume) x (price)

17
Q

how many hours in a week

A

168 hours

18
Q

power input breakdown

A

coal = 49%
nat gas = 20%
nuclear = 20%
hydroelectric = 7%

19
Q

how is power set up regionally?

region ohio is in?

A
  • set up in NERC regions

- ohio in ECAR region

20
Q

who regulates power

A

FERC

21
Q

how far can power be moved

A

2 wheels away (like states)

22
Q

one wheel to another name?

A

Hubs

23
Q

firm index for power?

power future?

A

index = megawatt daily

future doesn’t exist

24
Q

is power traded mostly physical or financial?

A

physical, financial trading is OTC