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A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [1][2] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price. Such agreements play a key role in ...
Guarantee of origin. A Guarantee of Origin (GO or GoO) is an energy certificate defined in article 19 of the European Directive 2018/2001/EC ( previously in article 15 of the European Directive 2009/28/EC). A GO certifies attributes of electricity, gas (including hydrogen), heating and cooling, especially coming from renewable sources and ...
Transmission service request. In the electric power industry, a transmission service request is an application requesting a transmission-owning utility to allocate physical capacity in the form of transmission service rights (TSRs) for the transmission of electric power. Every TSR includes at least three components: 1) a point of delivery (POD ...
APR—Actual peak reduction (e.g. in demand response systems) (electricity) AQCR—Air Quality Control Region (US) (environment) ARA— (in shipping) ports of Amsterdam – Rotterdam – Antwerp (oil) ARR—Auction Revenue Rights (electricity) ASCC—Alaskan System Coordination Council. ASE— Alliance to Save Energy.
A wheeling charge is a currency per megawatt-hour amount that a transmission owner receives for the use of its system to export energy. The total amount due in TAC fees is determined by the following equation: Where 'Wc' is wheeling charge per unit. 'Pw' is the power in MW. The fee associated with wheeling is referred to as a "wheeling charge."
The Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is an initiative by the South African government aimed at increasing electricity capacity through private sector investment in solar photovoltaic and concentrated solar, onshore wind power, small hydro (<40 MW), landfill gas, biomass, and biogas. [1][2] As of 2023 ...