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A horsepower-hour (symbol: hp⋅h) is an outdated unit of energy, not used in the International System of Units. The unit represents an amount of work a horse is supposed capable of delivering during an hour (1 horsepower integrated over a time interval of an hour).
EPSA—Electric Power Supply Association; EQR—Electric Quarterly Report; ERA—Economic Regulatory Administration (part of United States Department of Energy; ERCOT—Electric Reliability Council of Texas, Inc, a regional transmission organization. (US) ERGEG—European Regulators Group for Electricity and Gas; ERIS—Energy Resource ...
Two common definitions used today are the imperial horsepower as in "hp" or "bhp" which is about 745.7 watts, and the metric horsepower as in "cv" or "PS" which is approximately 735.5 watts. The electric horsepower "hpE" is exactly 746 watts, while the boiler horsepower is 9809.5 or 9811 watts, depending on the exact year.
Electricity is hard to store, so at any moment the supply (generation) shall be balanced with demand ("grid balancing"). In an electrical grid the task of real-time balancing is performed by a regional-based control center, run by an electric utility in the traditional ( vertically integrated ) electricity market.
Supply chain engineering is the engineering discipline that concerns the planning, design, and operation of supply chains. [1] [2] Some of its main areas include logistics, production, and pricing.
Energy planning has a number of different meanings, but the most common meaning of the term is the process of developing long-range policies to help guide the future of a local, national, regional or even the global energy system. [1]
[2] [3] A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".
Integrated resource planning (IRP, also least-cost utility planning, LCUP) is a form of least-cost planning used by the public utilities. The goal is to meet the expected long-term growth of demand with minimal cost, using a wide selection of means, from supply-side (increasing production and/or purchasing the supply) to demand-side (reducing the consumption). [1]
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