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  2. Electricity generation - Wikipedia

    en.wikipedia.org/wiki/Electricity_generation

    Electricity generation is the process of generating electric power from sources of primary energy.For utilities in the electric power industry, it is the stage prior to its delivery (transmission, distribution, etc.) to end users or its storage, using for example, the pumped-storage method.

  3. Energy conversion efficiency - Wikipedia

    en.wikipedia.org/wiki/Energy_conversion_efficiency

    Efficiency of power plants, world total, 2008. Energy conversion efficiency (η) is the ratio between the useful output of an energy conversion machine and the input, in energy terms. The input, as well as the useful output may be chemical, electric power, mechanical work, light (radiation), or heat.

  4. Cost of electricity by source - Wikipedia

    en.wikipedia.org/wiki/Cost_of_electricity_by_source

    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 ...

  5. Grid energy storage - Wikipedia

    en.wikipedia.org/wiki/Grid_energy_storage

    For instance, if the storage application is 75% efficient, the price at which the electricity is sold needs to be at least 1.33 higher than the price for which it was bought. [78] Typically, electricity prices vary most between day and night, which means that storage up to 8 hours has relatively high potential for profit. [79]

  6. Magnetohydrodynamic generator - Wikipedia

    en.wikipedia.org/wiki/Magnetohydrodynamic_generator

    They have the highest known theoretical thermodynamic efficiency of any electrical generation method. MHD has been developed for use in combined cycle power plants to increase the efficiency of electric generation , especially when burning coal or natural gas .

  7. Load-following power plant - Wikipedia

    en.wikipedia.org/wiki/Load-following_power_plant

    A more efficient solution is to maintain the primary circuit at full power and to use the excess power for cogeneration. [9] While most nuclear power plants in operation as of early 2000's were already designed with strong load following capabilities, they might have not been used as such for purely economic reasons: nuclear power generation is ...

  8. Combined cycle power plant - Wikipedia

    en.wikipedia.org/wiki/Combined_cycle_power_plant

    On April 28, 2016, the plant run by Électricité de France in Bouchain was certified by Guinness World Records as the world's most efficient combined cycle power plant at 62.22%. It uses a General Electric 9HA, that claimed 41.5% simple cycle efficiency and 61.4% in combined cycle mode, with a gas turbine output of 397 MW to 470 MW and a ...

  9. Steam–electric power station - Wikipedia

    en.wikipedia.org/wiki/Steam–electric_power_station

    The efficiency of a conventional steam–electric power plant, defined as energy produced by the plant divided by the heating value of the fuel consumed by it, is typically 33 to 48%, limited as all heat engines are by the laws of thermodynamics (See: Carnot cycle). The rest of the energy must leave the plant in the form of heat.