Sentence examples for cost generation from inspiring English sources
The price is gradually reduced in a series of bidding sessions leaving only those able to offer low cost generation.
"Recent cost declines have made wind energy the lowest-cost zero carbon solution, and one of the lowest cost generation options overall.
The report said: "Given brown coal power stations are the cheapest thermal plants to run in the NEM [national electricity market], it follows that the removal of these power stations will result in higher cost generation running more to meet demand".
Overall, uncontrolled EV charging will decrease the utilization of low cost generation assets, increase the peak to average load ratio, and increase the power generation cost.
To meet the base load demand, utilities employ large scale (≥400 MW) and low cost generation assets (e.g., nuclear, hydro, coal).
However, any market design that incentivizes investments in least (total system) cost generation investment does not need additional incentives for flexibility.
They show that the intelligent scheduling of EV chargings at off-peak hours increases the utilization of low cost generations, hence lowers the wholesale energy cost.
The nature of the PJM market magnifies the importance of losing a cheap generator; all producers get the same payment, equal to the highest-cost generation running, and if a low-cost generator is retired, then the most expensive generator needed to replace it will set a higher price for everyone.
The price impact would be smaller if the state added some low-cost generation or transmission.
The first two EPRs to be built in Europe, in France and Finland, have both gone extravagantly over schedule and budget.A decade ago the nuclear industry hoped that the combination of safe, low-cost generation III reactors and governments eager to encourage lower carbon-dioxide emissions would lead to a "nuclear renaissance".
Faced with the perfect storm of a lack of jobs, large debts and high property costs, Generation Y are up against it.
